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Darrell W. Pierce

Attorney at Dykema Gossett PLLC
Ann Arbor, Michigan
Darrell W. Pierce focuses his practice in the areas of commercial and corporate finance law. With offices in Chicago and Ann Arbor, he has earned a national reputation for handling sophisticated debt finance transactions, including structured finance transactions, securitization of financial assets and other significant secured transactions under Article 9 of the Uniform Commercial Code (UCC), including restructurings and workouts. Mr. Pierce is co-leader of the Firm's Lending Team and supervises its UCC Filing Team.

Mr. Pierce regularly represents lenders and their agents in connection with secured and unsecured loans, letters of credit and other bank products. He is familiar with the requirements for security interests in a wide variety of collateral, including collateral located abroad, and has extensive experience representing lenders and borrowers in connection with troubled credits. He works closely with Dykema bankruptcy attorneys to ensure a smooth transition and an appropriate outcome should a bankruptcy become necessary. He also represents leasing companies and issuers in public-finance transactions.
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Darrell W. Pierce focuses his practice in the areas of commercial and corporate finance law. With offices in Chicago and Ann Arbor, he has earned a national reputation for handling sophisticated debt finance transactions, including structured finance transactions, securitization of financial assets and other significant secured transactions under Article 9 of the Uniform Commercial Code (UCC), including restructurings and workouts. Mr. Pierce is co-leader of the Firm's Lending Team and supervises its UCC Filing Team.

Mr. Pierce regularly represents lenders and their agents in connection with secured and unsecured loans, letters of credit and other bank products. He is familiar with the requirements for security interests in a wide variety of collateral, including collateral located abroad, and has extensive experience representing lenders and borrowers in connection with troubled credits. He works closely with Dykema bankruptcy attorneys to ensure a smooth transition and an appropriate outcome should a bankruptcy become necessary. He also represents leasing companies and issuers in public-finance transactions.

This experience enables Mr. Pierce to provide effective and efficient representation to issuers of debt and other sophisticated borrowers. As the leader of Dykema’s Structured Finance and Securitization practice, he is able to provide the requisite advice and legal opinions to limit recourse, address bankruptcy risks and support the issuance of asset-backed securities.

Mr. Pierce served as member of the Article 9 Study Committee for the Permanent Editorial Board for the Uniform Commercial Code, as Chair of the Article 9 Filing Project and as the primary drafter of the International Association of Commercial Administrators’ Model Administrative Rules for Article 9 filing offices. He is a frequent lecturer and writer regarding UCC matters.

About Me

What honors or awards have you received?
Named an Illinois Leading Lawyer in the areas of Corporate Finance, Secured Transactions and Securities & Venture Finance by Leading Lawyers Network, 2011-2016. Law Bulletin Publishing Company

Named a Michigan Leading Lawyer in the areas of Corporate Finance and Securities & Venture Finance Law by the Leading Lawyers Network, 2014-2016. Law Bulletin Publishing Company

Recognized in Michigan Super Lawyers® for Banking, Business/Corporate, Securities & Corporate Finance, 2005-2006, 2008

Recipient of an AV® Preeminent™ Rating by Martindale-Hubbell
What have you written or published within your profession?
"Allonges: separate indorsements not effective unless affixed"
August 20, 2014
Association of Corporate Counsel

"'Secondary Market/Securitizations', Consumer Financial Services Answer Book 2012-13"
2012
Practising Law Institute

" 'The Article 9 Filing System,' Secured Transactions 2012: What Lawyers Need to Know About UCC Article 9"
2012
Practising Law Institute

"The Revised Article 9 Filing System: Did It Meet Its Objectives?"
2011
Uniform Commercial Code Law Journal, Vol. 44, No. 1

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Associations

Association Position
State Bar of Michigan
American Bar Association
American Law Institute
Practising Law Institute

Education

School Degree Graduation Year
University of Michigan J.D.
Dartmouth College A.B.

Contact Information

Dykema Gossett PLLC

2723 S State St STE 400
Ann Arbor, MI 48104