Richard K. Diamond, Of Counsel

Richard K. Diamond

For nearly 40 years, Richard K. Diamond has specialized in the representation of debtors, creditors, trustees and receivers. In addition, he serves as a trustee in liquidations and reorganizations under Chapters 7 and 11 of the Bankruptcy Code, having served as a panel trustee member since 1993 and as a receiver appointed in the state courts.

Richard has extensive experience in healthcare insolvencies, having represented creditors’ committees and served as or represented fiduciaries of numerous hospitals, health management organizations, and independent physician associations. He has been appointed as a receiver and conservator in proceedings brought by the Department of Managed Health Care, the Department of Insurance, and secured lenders, among others. Richard served as the trustee or receiver and represented trustees, receivers and debtors in possession in many home builder and real estate developer reorganizations and liquidations.  He has also represented parties or served as a fiduciary in cases in many other industries including entertainment, manufacturing and financial services and in municipal reorganizations.

Among other professional affiliations, Richard served as Chair of the California State Bar Debtor-Creditor Relations and Bankruptcy Committee, as a member of the Executive Committee of the Los Angeles County Bar's Commercial Law and Bankruptcy Section, and as President of the Board of Directors of the Los Angeles Bankruptcy Forum.  He is a fellow of the American College of Bankruptcy.

Richard joined Danning-Gill as a law clerk just prior to being admitted to the California State Bar in 1976.  He has spent his career growing and guiding the Firm’s practice and was formerly the Firm’s managing partner for more than 25 years.



Practice Areas

Acquisitions and Asset Purchases

Bankruptcy Appeals

Creditor Representation
-Creditor Committee Counsel
-Creditor Representation in Bankruptcy Cases

Debtor Representation
-Chapter 7
-Chapter 11 Business Reorganization
-Out of Court Workouts

Education

University of California, Berkeley (B.A. 1972), Phi Beta Kappa

University of California, Los Angeles (J.D. 1976), Order of the Coif

Admissions

State Bar of California, 1976

United States District Court for the Central District of California

United States District Court for the Eastern District of California

United States District Court for the Northern District of California

United States District Court for the Southern District of California

United States Court of Appeals for the Ninth Circuit

United States Supreme Court

Memberships & Associations

State Bar of California
1990-1991: Chair, Debtor Creditor Relations and Bankruptcy Committee
1988-1991: Member, Debtor Creditor Relations and Bankruptcy Committee
1990-1993: Member, Ad Hoc Committee on Business Courts

Los Angeles County Bar Association
1990-1992: Executive Committee, Commercial Law & Bankruptcy Section
1986-1991: Member, Bankruptcy Committee

Los Angeles Bankruptcy Forum
2004-present: Director, Board of Directors (Secretary, 2008, Program Chair, 2009, Vice President 2010, President 2011 -2012)
1980-present: Member

American College of Bankruptcy
2005-present: Fellow

Other Bar Associations
Financial Lawyers Conference, 1977-present
National Association of Bankruptcy Trustees, 1994-present

Publications

12/05: Debt Collection Practice in California(2005 update), chapter co-author, Continuing Education of the Bar, California

12/06: Debt Collection Practice in California (2006 update), chapter co-author, Continuing Education of the Bar, California

12/07: Debt Collection Practice in California (2007 update), chapter co-author, Continuing Education of the Bar, California

12/08: Debt Collection Practice in California (2008 update), chapter co-author, Continuing Education of the Bar, California

12/09: Debt Collection Practice in California (2009 update), chapter co-author, Continuing Education of the Bar, California

12/10: Debt Collection Practice in California (2010 update), chapter author, Continuing Education of the Bar, California

Events

03/00: Healthcare Issues, United States Trustee for Central District of California

03/00: Healthcare Restructuring, MedPartners, Renaissance American Management, Inc. and Beard Group

02/01: Some Evidentiary Issues in Bankruptcy, Beverly Hills Bar Association

03/01: Healthcare Issues, National Association of Bankruptcy Trustees: Update on Proposed New Bankruptcy Legislation, United States Trustee for Central District of California

10/01: Creditor Committee ByLaws: What You Don’t Know Can’t Hurt You, American Bar Association, Annual Meeting of Section of Business Law

06/02: Subordination of Claims, Los Angeles Bankruptcy Forum

04/04: Accessing Directors and Officers Insurance in Bankruptcy Cases, Los Angeles County Bar Association

02/04: Handling the Carcass: Alternatives to Chapter 11 Liquidations, Beverly Hills Bar Association

12/05: Understanding the Bankruptcy Reform Act of 2005 in California, Lorman Education Services

12/06: Bankruptcy in California, Lorman Education Services

03/07: Professionals: How Not to Get Sued; How to Protect Your Fees, Los Angeles Bankruptcy Forum

04/07: Bankruptcy Case Law Update, United States Trustee for the Central District of California

01/08: Practices and Procedures Before the New Bankruptcy Judges, Beverly Hills Bar Association, Bankruptcy Law Section

05/08: Bankruptcy Case Law Update, United States Trustee for the Central District of California

01/10: Single Purpose Entities: How Remote Is Bankruptcy Remote, Los Angeles County Bar Association, Commercial Development and Leasing Subsection of the Real Property Section

05/10: Bankruptcy Case Law Update, United States Trustee for the Central District of California

03/11: Tools of the Trade: A Trustee’s Protections and Remedies For Dealing With The Vexatious Litigant, National Association of Bankruptcy Trustees

06/11: Bankruptcy Case Law Update, United States Trustee for the Central District of California

06/14: Bankruptcy Case Law Update, United States Trustee for the Central District of California

06/15: Bankruptcy Case Law Update, United States Trustee for the Central District of California