Dan S. Schechter

Professor of Law

BA, Loyola Marymount University
JD, University of California Los Angeles 

Background

While in law school, Dan Schechter served on the UCLA Law Review. After graduation, he practiced for three years in the areas of insolvency, commercial finance and business litigation. Most of his scholarship, service, and professional activities are focused on commercial finance and corporate insolvency. Schechter joined the Loyola faculty in 1980.

Public Service

Professor Dan Schechter has been a member of California State Bar Insolvency Law Committee from 2002 to present as a legislative liaison. He helped draft legislation to protect homeowners from deficiency liability following refinancing of purchase money transactions (C.C.P. §580b) and the bill was enacted in 2012.  Schechter co-drafted two separate bills on the renewal of judgment liens on personal property (C.C.P. §697.510) and the scope of judgment liens (C.C.P. §697.530).  He testified before the Assembly and Senate Judiciary Committees, and both bills were enacted in 2009.  He also drafted an amendment to the California Uniform Fraudulent Transfer Act (Civil Code §3439.04(b)) that was enacted in 2004.  On the Federal level, Schechter served as the Legislative Reporter for the Bankruptcy Foreclosure Fraud Task Force for the Central District of California.  The recommendations of the task force were enacted by Congress in 2005 as 11 U.S.C. § 362(d)(4).

Several times each year, Schechter provides continuing legal education programs on current developments in commercial finance and insolvency.  He also occasionally serves as a consultant and expert witness in financial and insolvency matters.

Selected Scholarship

  • Co-author, California Real Estate Finance (5th Ed.  2008), Carolina Academic Press.
  • Author, "Commercial Finance Newsletter," a weekly column published by Westlaw, 2002 -- present.
  • Author of annual update in California Business Law News on “Recent Developments in Insolvency and Commercial Finance.”