Dara A. Panahy

Dara A. Panahy is a partner in the Washington, DC office of Milbank, Tweed, Hadley & McCloy and a member of the firm’s Transportation and Space Finance Group.  He has been a partner since 2007 and joined Milbank in 1999.

Primary Focus & Experience

Mr. Panahy’s practice focuses on representing clients involved in the aerospace and communications industries. His experience includes representing satellite operators, aerospace manufacturers, launch services providers, communications companies, banks, private equity firms and hedge funds in numerous financings involving public offerings, high yield debt, investment grade bonds, project and vendor financings, mergers & acquisitions, financial restructuring and reorganizations and in negotiating project contracts. He also counsels clients on domestic and international regulatory and trade matters, including licensing of satellite, wireless and wireline communications systems, economic sanctions, regulation of foreign direct investment, anti-bribery and corrupt practices, national security and export control laws and regulations and risk management.

His recent representations include:

• numerous commercial satellite and launch services procurements for clients in North America, Europe, the Middle East and Asia
• procurement and financing of next-generation, multi-billion dollar regional and global fixed and mobile satellite systems
• various satellite, aerospace and communications company mergers & acquisitions, strategic venture transactions and restructurings in North America, Europe, the Middle East and Asia

• bank and capital markets financings, and private placements, involving global, regional and national communications, broadcast, broadband, remote sensing and asset tracking companies and service providers

Recognition & Accomplishments

He is a regular speaker at space and communications conferences, a visiting lecturer at the International Space University and has published articles and delivered numerous presentations on finance, commercial and regulatory aspects of the aerospace and communications industries. He has been recognized as a leading lawyer in Telecom, Broadcast and Satellite Financing in Chambers USA and The Legal 500. Mr. Panahy speaks fluent Spanish and Farsi.