Cases
Representative Matters: Represented bank
non-bank lenders in restructuring transactions or bankruptcy cases involving over 300 nursing homes
more than $500 million of debt.
Represented REIT owners of nursing homes
assisted living facilities in receivership or bankruptcy cases to transition operations from a defaulting tenant to a new tenant.
Represented bank lenders in the bankruptcy of over a dozen hospitals
long-term acute care hospitals.
Represented letter of credit banks in over 20 restructuring transactions or bankruptcy cases involving more than $800 million of bond debt secured by continuing care retirement communities.
Obtained on behalf of a bank a verdict following a seven day jury trial in the U.S. District Court for the Northern District of Illinois in a contract action concerning a sponsor's breach of an agreement with the bank to provide financial support to a continuing care retirement community.
Represented agent bank for matured $200 million construction loan secured by Florida condominium development in negotiating a restructuring proposal from the borrower
guarantor which was sufficient to attract takeout financing.
Represented special servicers in pursuit of remedies in over $2 billion of commercial mortgage real estate loans including foreclosure proceedings in over 30 states, deeds in lieu of foreclosure,
bankruptcy proceedings.
Successfully litigated the enforceability of prepayment premiums where borrowers paid their loans in full prior to maturity.
Acted as counsel to trustees of collateralized debt obligation trusts, interpreting complex trust indentures, advising of rights
obligations under the indentures,
resolving conflicting dem
s upon trustees in the event of prospective or actual defaults under the indentures.
Represented commercial debtors in Chapter 11 proceedings in the entertainment, hospitality, steel, trucking, metal smelting
golf industries.
Advised numerous clients on optimal crafting of documents for preservation of rights in the event of insolvency, particularly regarding split lien remedies
inter-creditor rights for asset-based loans.
