Tania M. Moyron

Restructuing, Insolvency & Bankruptcy

Los Angeles

Tania Moyron is a seasoned attorney with a 20-year tenure in bankruptcy law.

"My bankruptcy course in law school - it was the first class that really intrigued me, and I enjoyed learning about an area of the law created to 'help' people and businesses in financial distress," she said.

Recently, Moyron demonstrated exceptional leadership and expertise by co-leading a restructuring and litigation team that secured a significant victory for the Borrego Community Health Foundation. This nonprofit health care center, qualified under federal regulations, operates 18 clinics across Southern California, providing essential medical services to nearly 100,000 low-income and rural patients through approximately 300,000 annual visits.

In March 2023, under Moyron's guidance, Dentons achieved a major milestone by obtaining approval from the U.S. Bankruptcy Court for the Southern District of California for a substantial sale and a comprehensive settlement with the California Medi-Cal program on behalf of Borrego.

"Success can be measured by the continued availability of healthcare to communities that would be severely impacted and lives that literally would be lost if clinics had been forced to close," she said. "Because of the innovative strategy, Borrego's clinics have seen more than 183,000 patients that otherwise would have been without care."

Moyron also currently represents the liquidating Trustee and the Trust created pursuant to the plan of liquidation confirmed by Court order in the chapter 11 cases of First Guaranty Mortgage Corporation (FGMC).

She said the Dentons team negotiated and obtained approval of two DIP facilities; one providing financing for FGMC's cash flow for operations, and one, with Barclays, providing financing to fund the loans in the pipeline.

The cash flow DIP financing provided a facility that would allow FGMC to draw up to $125 million to fund mortgages that were in the approval pipeline at the time of the chapter 11 filings.

"We coordinated and negotiated settlements of complex claims with government sponsored entities, allowing FGMC to sell mortgage servicing rights and mortgage loans to both private purchasers and the Government-Sponsored Enterprises," Moyron said.

Frequently working with health care organizations, she highlighted a significant trend since the pandemic.

"For example, in 2023, approximately 20 pharmaceutical companies filed for bankruptcy, including Sorrento Therapeutics, a company that had turned down a $1 billion buyout offer as recently as 2020," Moyron said. "The net result has been a significant increase in restructurings for virtually all aspects of the healthcare industry. Beyond healthcare, there are obviously other industries where we are seeing increased financial distress, including commercial real estate where the well-documented changes in how people work have led to a significant softening in the demand for commercial office space, leading to commercial real estate values declining, and defaults in commercial real estate loans nationwide. We will continue to see distress in the foreseeable future."