Arent Fox
ATTORNEY BIO
M. Douglas Flahaut

M. Douglas Flahaut
November 11, 2011
  • Associate
  • Los Angeles, CA
213.443.7559
douglas.flahaut@arentfox.com

Doug Flahaut is an associate in the Bankruptcy and Financial Restructuring Group, where he focuses on business reorganizations, representation of chapter 7 and chapter 11 trustees, and related business litigation matters.

Client Work

The Walking Company
Doug assisted in Arent Fox’s representation of an $80 million, publicly-traded retailer of specialty footwear in a highly successful and rapidly-executed Chapter 11 reorganization that resulted in full payment of all unsecured creditors; a $10 million recapitalization of the company; the renegotiation of significant lease obligations; and the preservation of all of the company’s stores, substantially all of its employees, and its management team. This reorganization was selected as the Chapter 11 Reorganization of the Year (Lower Middle Market) by The M&A Advisor.

Right Start Acquisition Company and Baby Style, Inc.
Doug represented the official committee of unsecured creditors and was instrumental in successfully confirming the committee’s liquidating plan. Doug represented the liquidating trust post-confirmation in the prosecution of more than 30 adversary proceedings aimed at recovering over $1.3 million in preferential transfers and successfully resolved all matters by way of final judgment or settlement within 12 months.

In re NGTV, Inc.
Doug was part of the Arent Fox team that successfully sold the intellectual property and litigation assets of the estate for the Chapter 7 trustee over the vigorous objections of a secured creditor and structured the sale such that unsecured creditors would receive a distribution even though secured debt far exceeded the sales proceeds.

Previous Work

During 2008 and 2009 Doug served as a judicial law clerk to Judges Peter H. Carroll and Robert N. Kwan of the United States Bankruptcy Court for the Central District of California. He also served as a staff attorney for the Ninth Circuit Bankruptcy Appellate Panel.

Prior to his clerkships, Doug was an associate at a boutique litigation law firm in Southern California. He litigated complex civil disputes, including a fight for control of a large family-owned corporation that was successfully removed to Bankruptcy Court. Doug also successfully litigated a specific performance action for the turnover of a $5 million commercial property.

Professional Activities

Doug is an active member of the Los Angeles County Bar Association, the Southern California Bankruptcy Inn of Court, the American Bankruptcy Institute, and the Federal Bar Association.

Publications, Presentations and Recognitions

Pincus Professional Education Webinar, Business Bankruptcy Boot Camp: Chapter 11 Demystified, September 2010

Southern California Bankruptcy Inn of Court, Retention, Payment, and Getting Out, March 13, 2012.

Southern California Bankruptcy Inn of Court, Bankruptcy Ethics Presentation, October 5, 2010.

Leo A. Deegan Inn of Court Biddle Book Award – Recognized for demonstrating outstanding leadership, both in the Inn as well as in the legal profession.

Life Beyond the Law

Doug is fluent in Spanish and has a working knowledge of French. He enjoys ski-mountaineering and fly fishing.

Bar and Court Admissions

  • California Bar
  • Montana Bar
  • US District Court, Northern District of California
  • US District Court, Central District of California
  • US District Court, Southern District of California
  • US District Court, Eastern District of California

Education

University of California at Los Angeles School of Law
, JD
London School of Economics and Political Science
  ( MSc )
Walla Walla College
, BA
  ( cum laude )

Practices

  • Bankruptcy & Financial Restructuring

Areas of Focus

  • Bankruptcy & Strategic Litigation
  • Committees of Unsecured Creditors
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