Nancy A. Peterman is a lawyer practicing restructuring & special situations, health care & fda practice, mergers & acquisitions and 4 other areas of law. Nancy received a B.A. degree from University of Michigan in 1988, and has been licensed for 35 years. Nancy practices in Chicago, IL.
About Nancy A. Peterman
Awards
Reviews for Nancy
Services
Areas of Law
Practice Details
-
Representative Cases & TransactionsCasesExperience: Debtors/Company Sale Experience: Represented American Addiction Centers (AAC Holdings, Inc.) regarding its options for effectuating a financial restructuring. As a result, AAC emerged from Chapter 11 with a significantly improved balance sheet, reducing the company's secured debt
preserving its 2,000 employees.
Represented a not-for-profit entity that operated nursing homes
independent living facilities in a multi-year out-of-court restructuring, resulting in an initial pay down
subsequent refinancing of its tax-exempt bond debt. The restructuring involved multiple sales
an affiliation agreement with another non-profit for the balance of its assets.
Represented YouFit Health Clubs, LLC
several affiliates, operator of a chain of fitness centers, in its Chapter 11 case
subsequent 363 sale.
Represented Last Call Guarantor LLC
several affiliates, the owners of the Fox & Hound
Champps Kitchen & Bar restaurant chains, in its Chapter 11 case
subsequent 363 sale.
Represented ShengdaTech, Inc., a manufacturer of a specialty additive known as nano-precipitated calcium carbonate, in its Chapter 11 case. The company was created through a reverse merger of five Chinese manufacturing companies into a U.S. public company shell.
Represented William Yung
Tropicana Casinos & Resorts, Inc., the 100 percent equity holders of Tropicana Entertainment, LLC, in its Chapter 11 case involving the restructuring of more than $2 billion in debt.
Represented Schutt Sports, Inc., a sports equipment company, in its Chapter 11 case.
Represented Wickes Furniture Company, Inc., a Chicago-based retail furniture company, in its Chapter 11 case.
Represented PPM Technologies, Inc., a food equipment manufacturer, in its Chapter 11 case.
Represented Mestek, Inc. in the Chapter 11 case of its second-tier subsidiary, Met-Coil Systems, LLC. As part of this Chapter 11 case, millions of dollars of alleged toxic tort liability were settled.
Acquisition Experience: Represented ACA Financial Guaranty Corporation in connection with the Chapter 11 case of the Lombard Public Facilities Corporation, an Illinois non-profit corporation which owns the Westin Lombard Yorktown Center.
Represented Versa Capital Management in its acquisition of The Wet Seal, Inc., a young women's clothing retailer, pursuant to Section 363 of the Bankruptcy Code.
Represented Bellus ALC Investments 1 in connection with the out-of-court restructuring of American Laser Centers, a laser hair removal clinic with more than 100 locations across the United States,
the subsequent Chapter 11 case of American Laser Centers, resulting in Bellus' acquisition of the ALC business in a sale pursuant to Section 363 of the Bankruptcy Code.
Represented Barclays Bank PLC as Agent
a Steering Committee of Secured Lenders under a First Lien Credit Agreement in the Chapter 11 cases of L
Source Communities Development LLC. More than $1.2 billion in debt was restructured
$280 million of new capital was raised in connection with this reorganization which was implemented through a plan proposed
implemented by Barclays Bank PLC, as Agent.
Represented a consortium that bid on the right to serve as the equity sponsor for the Extended Stay Hotels, Inc. plan of reorganization.
Creditors' Committee Experience: Represented the Official Committee of Unsecured Creditors in the Chapter 11 case of Hospital Acquisition LLC (aka LifeCare Holdings, LLC).
Represented the Official Committee of Unsecured Creditors in the Chapter 11 cases of Senior Care Centers, LLC.
Represented the Official Committee of Non-Insider Equity Holders of Erie Street Investors, LLC.
Represented as co-counsel of the Official Committee of Unsecured Creditors in the Chapter 11 case of AgFeed USA, LLC
its affiliates.
Represented the Official Committee of Unsecured Creditors in the Chapter 11 cases of Sears Methodist Retirement System, Inc.
Represented the Official Committee of Unsecured Creditors in the Chapter 11 case of ethanol producer Renew Energy LLC.
Represented the Official Committee of Unsecured Creditors in the Chapter 11 case of Chesapeake Corporation, an international packaging manufacturer.
Represented the Official Committee of Unsecured Creditors in the Chapter 11 case of Michael Reese Medical Center Corporation.
Represented the Official Committee of Unsecured Creditors
Post-Consummation Trust in Chapter 11 cases of Conseco Finance Company.
Represented the Official Committee of Unsecured Creditors in FPA Medical Management, the nation's largest physician practice management Chapter 11 case, involving 7900 physicians
1.4 million HMO enrollees in 29 states. The bankruptcy case concluded with a confirmed plan of reorganization allowing for the sale of the companies after nearly one year of negotiations.
Receivership Experience: Represented l
lords in connection with receivership involving Oak Health
Rehabilitation Centers Inc.
its affiliates, operators of 22 senior living facilities. As part of the litigation, the l
lords sought
obtained the appointment of a receiver to oversee the operations of the nursing homes
to facilitate transition of operations to new operators.
Represent SAK Management-Ohio, LLC, as receiver for a group of skilled nursing facilities located in Ohio, which facilities were operated for several months
ultimately sold at an aggregate gross sale price of $79.5 million.
Represented Long Hill at Rosewood LLC, as receiver for 13 skilled nursing facilities, which facilities were operated for over a year during the receivership
ultimately transitioned to a new operator.
Noteworthy Experience: Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code)
Assistant Editor, West's Norton Bankruptcy Law & Practice Treatise
Former Co-Editor in Chief, Wiley Bankruptcy Law Update
Experience
-
Bar Admission & MembershipsAdmissions1991, Illinois
2012, New York
U.S. District Court for the Northern District of Illinois
MembershipsProfessional & Community Involvement
•Member, Bankruptcy Court Rules Advisory Committee, U.S. Bankruptcy Court for the Northern District of Illinois
•HFS Chicago Scholars
•Executive Committee
•Board of Directors
•Co-Chair, Governance Committee
•American Bankruptcy Institute
•Former Member, Board of Directors
•Former Member, Executive Committee
•Former Co-Chair, High Tech and Telecom Committee
•Former Co-Chair, Committee on Health Care Insolvency
•Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
•Former President and Former Board Member, Women's Health Executive NetworkBar FellowshipAmerican College of BankruptcyNoteworthy Experience
•Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code), which was signed into law by President Bush in 2005.
Associated News & Events
Press Releases
04.07.17 Greenberg Traurig Receives Multiple Honors at 2017 Turnaround Atlas Awards
01.31.17 Greenberg Traurig Wins M&A Advisor Turnaround Award
01.24.17 56 Greenberg Traurig Chicago Attorneys Recognized by Leading Lawyers
01.13.17 35 Greenberg Traurig Attorneys Recognized in 2017 Edition of Illinois Super Lawyers
08.16.16 23 Greenberg Traurig Chicago Attorneys Listed in the 2017 Edition of Best Lawyers in America
06.08.16 20 Greenberg Traurig Chicago Attorneys Recognized in the 2016 Edition of Chambers USA
05.18.16 Greenberg Traurig Received Multiple Honors at the 2016 Turnaround Atlas Awards
02.02.16 36 Greenberg Traurig Attorneys Recognized in 2016 Edition of Illinois Super Lawyers
01.29.16 Greenberg Traurig Wins Two M&A Advisor Turnaround Awards
11.30.15 Greenberg Traurig's David D. Cleary and Nancy A. Peterman to Speak at ABI's Winter Leadership Conference
Published Articles
01.06.16 PCOs and the Ongoing Debate over Cost: 10 Years Later
11.03.15 SECTION 506 - SECURED CREDITORS' CLAIMS - LIEN STRIPPING
09.04.15 The Good Faith Transferee Defense and Publicly Traded Securities
10.01.14 Talking Point: Credit Bidding Challenges in Bankruptcy
08.01.14 Recovering Assets in China: Practicalities and Pitfalls
04.30.14 Claims Trading: Taking The Good With The Bad
04.01.14 Section 506 - Secured Creditors' Claims
01.01.14 Investing in Distressed or Underperforming Companies: Recent Challenges to Favored Deal Structures
03.01.13 Debtor-In-Possession Financing in US Bankruptcy Cases
02.01.13 Investing in China: What Every Investor Must Know
Alerts
04.01.05 Business Bankruptcy Provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
04.01.05 The Healthcare Bankruptcy Bill Member:
Professional & Community Involvement
•Board Member, HFS Chicago Scholars
•Member, American Bankruptcy Institute
•Former Member, Board of Directors
•Former Member, Executive Committee
•Former Co-Chair, High Tech and Telecom Committee
•Former Co-Chair, Committee on Health Care Insolvency
•Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
•Former President and Former Board Member, Women's Health Executive Network Fellow: American College of BankruptcyAssociated News & Events
Press Releases
01.31.17 Greenberg Traurig Wins M&A Advisor Turnaround Award
01.24.17 56 Greenberg Traurig Chicago Attorneys Recognized by Leading Lawyers
01.13.17 35 Greenberg Traurig Attorneys Recognized in 2017 Edition of Illinois Super Lawyers
08.16.16 23 Greenberg Traurig Chicago Attorneys Listed in the 2017 Edition of Best Lawyers in America
06.08.16 20 Greenberg Traurig Chicago Attorneys Recognized in the 2016 Edition of Chambers USA
05.27.16 Greenberg Traurig Attorneys, Practices Included in the 2016 Chambers USA Guide
05.18.16 Greenberg Traurig Received Multiple Honors at the 2016 Turnaround Atlas Awards
02.02.16 36 Greenberg Traurig Attorneys Recognized in 2016 Edition of Illinois Super Lawyers
01.29.16 Greenberg Traurig Wins Two M&A Advisor Turnaround Awards
11.30.15 Greenberg Traurig's David D. Cleary and Nancy A. Peterman to Speak at ABI's Winter Leadership Conference
Published Articles
01.06.16 PCOs and the Ongoing Debate over Cost: 10 Years Later
11.03.15 SECTION 506 - SECURED CREDITORS' CLAIMS - LIEN STRIPPING
09.04.15 The Good Faith Transferee Defense and Publicly Traded Securities
10.01.14 Talking Point: Credit Bidding Challenges in Bankruptcy
08.01.14 Recovering Assets in China: Practicalities and Pitfalls
04.30.14 Claims Trading: Taking The Good With The Bad
04.01.14 Section 506 - Secured Creditors' Claims
01.01.14 Investing in Distressed or Underperforming Companies: Recent Challenges to Favored Deal Structures
03.01.13 Debtor-In-Possession Financing in US Bankruptcy Cases
02.01.13 Investing in China: What Every Investor Must Know
Alerts
04.01.05 Business Bankruptcy Provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
04.01.05 The Healthcare Bankruptcy Bill
Noteworthy Experience
•Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code), which was signed into law by President Bush in 2005. Member:
Professional & Community Involvement
•Board Member, HFS Chicago Scholars
•Member, American Bankruptcy Institute
•Former Member, Board of Directors
•Former Member, Executive Committee
•Former Co-Chair, High Tech and Telecom Committee
•Former Co-Chair, Committee on Health Care Insolvency
•Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
•Former President and Former Board Member, Women's Health Executive Network Fellow: American College of BankruptcyNoteworthy Experience
•Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code), which was signed into law by President Bush in 2005. Member:
Professional & Community Involvement
•Board Member, HFS Chicago Scholars
•Member, American Bankruptcy Institute
•Former Member, Board of Directors
•Former Member, Executive Committee
•Former Co-Chair, High Tech and Telecom Committee
•Former Co-Chair, Committee on Health Care Insolvency
•Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
•Former President and Former Board Member, Women's Health Executive Network Fellow: American College of BankruptcyAreas of Concentration
•Business restructurings
•Creditor rights
•Debtor rights
•Health lawNoteworthy Experience
•Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code), which was signed into law by President Bush in 2005. Member:
Professional & Community Involvement
•Board Member, HFS Chicago Scholars
•Member, American Bankruptcy Institute
•Board of Directors
•Former Member, Executive Committee
•Former Co-Chair, High Tech and Telecom Committee
•Former Co-Chair, Committee on Health Care Insolvency
•Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
•Former President and Former Board Member, Women's Health Executive Network Fellow: American College of BankruptcyNoteworthy Experience
•Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code), which was signed into law by President Bush in 2005. Member:
Professional & Community Involvement
•Board Member, HFS Chicago Scholars
•Member, American Bankruptcy Institute
•Board of Directors
•Former Member, Executive Committee
•Former Co-Chair, High Tech and Telecom Committee
•Former Co-Chair, Committee on Health Care Insolvency
•Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
•Former President and Former Board Member, Women's Health Executive Network Fellow: American College of BankruptcyNoteworthy Experience
• Assisted in drafting the health care bankruptcy provisions of Public Law No. 109-8 (the 2005 amendments to the Bankruptcy Code), which was signed into law by President Bush in 2005.
Articles, Publications, & Lectures
Articles
• Co-Author, Claims Trading - Taking The Good With The Bad, Law360, April 30, 2014
• Co-Author, Investing in Distressed or Underperforming Companies: Recent Challenges to Favored Deal Structures, Insights, Winter 2014
• Author, Debtor-In-Possession Financing in US Bankruptcy Cases, International Corporate Rescue, Volume 10, Issue 2, 2013
• Co-Author, Investing in China: What Every Investor Must Know, The Bankruptcy Strategist, February 2013
• Co-Author, Section 506,Norton Annual Survey of Bankruptcy Law, 2005-2013 editions
• Co-Author, Highest Dollar Bid Not Always the Best,New York Law Journal, June 27, 2011
• Co-Author, In Such a Regulated Industry, Why So Much Fraud and Financial Impropriety?ABI Healthcare Committee Newsletter, April 2011
• Co-Author, Restructuring Challenges of Tax Exempt Bond FinancingAmerican Bankruptcy Institute Journal, December 2010/January 2011
• Co-Author, When Your Health-Care Facility Is Dead On Arrival,DBR Small Cap, September 15, 2010
• Co-Author, Continuing-Care Retirement Facilities: Are Residents' Deposits Recoverable?American Bankruptcy Institute Journal, May 2010
• Co-Author, Shaking the Tree: Using Negative Notice to Prime Mechanics,DBR Small Cap, May 26, 2010
• Roundtable Participant, Prospects For Restructuring in the U.S. Healthcare Sector,Financier Worldwide Magazine, February 2010
• Author, Health Care Reform: An Overview and Its Long-Term Financial Effects,ABI Committee News, December 2009
• Co-Author, Healthcare Industry Not Immune to Economic Realities,The Journal of Corporate Renewal, November/December 2009
• Co-Author, Healthcare Bankruptcy Cases: The Medical Malpractice Claim Dilemma,American Bankruptcy Institute Journal, October 2009
• Co-Author The Turnaround Operator's Perspective... Facing the Challenges & Opportunities in Today's Healthcare Industry,ABF Journal, July/August 2009
• Co-Author, The Challenges and Opportunities in Today's Healthcare Industry: The Turnaround Operator's Perspective,ABI Committee News, July 2009
• Co-Author, Challenges Facing Financially Troubled Health-Care Businesses,Dow Jones Daily Bankruptcy Review, June 24, 2009
Books
• Contributing Author,ABI Health Care Insolvency Manual, Third Edition, June 2012
• Assistant Editor,West's Norton Bankruptcy Law & Practice treatise
• Assistant Editor and Contributing Author,ABI Health Care Insolvency Manual, First Edition, December 1997
• Former Co-Editor in Chief,Wiley Bankruptcy Law Update
Speeches
• Speaker, Restructuring, State of Affairs, Restructuring & Turnaround Intelligence Forum, Global M&A Network, Chicago, IL, June 24, 2014
• Speaker, Making the Return Trip: Recovering Assets in China, Mexico and Canada, ABI Central States Bankruptcy Workshop, Lake Geneva, WI, June 12-14, 2014
• Speaker, Hot Topics in Healthcare Restructuring by the Female Titans of Healthcare, International Women's Insolvency & Restructuring Confederation Meeting, Chicago, IL June 5, 2014
• Speaker, New Guidelines on Professional Fees/Compensation, Association of Insolvency & Restructuring Advisors' Bankruptcy & Restructuring Conference, Denver, CO, June 4-7, 2014
• Speaker, Can You Hear me Now? Turnaround Management Association, The 2014 Senate, Chicago, IL, May 7-9, 2014
• Speaker, Managing for Private Equity, Women's Association of Venture and Equity Inc., Chicago, IL, May 1, 2014
• Speaker, Bankruptcy Litigation Updates in 2013, The Knowledge Congress Webinar, July 22, 2013
• Speaker, Latest Developments: Restructuring and Turnaround Practices, Distressed M&A, Restructuring Intelligence Program, Global M&A Network, Chicago, IL, June 25, 2013
• Speaker, Recent Trends in Valuation and Bankruptcy Litigation, West LegalEdcenter's Hot Topics in Bankruptcy Litigation Webcast, April 24, 2013
• Speaker, The PCO (Patient Care Ombudsman) Revisited, ABA Business Law Section 2013 Spring Meeting, Washington, D.C., April 4-6, 2013
• Speaker, Investing in China: What Every Investor Must Know, Association of Corporate Counsel, Chicago, IL, March 12, 2013
• Speaker, The Road Ahead: Looking Forward to 2013, M&A Advisor Distressed Investing Summit, Palm Beach, FL, March 6, 2013
• Speaker, American Bankruptcy Institute's 2012 Complex Financial Restructuring Program, Las Vegas, NV, September 13-14, 2012
• Speaker, Labour Relations Issues on Restructuring - The New Deal? ABI Canadian/American Cross-Border Insolvency Symposium, Toronto, Ontario, November 7, 2011
• Speaker, Rainmaking: Business Development for the Next Generation, 2011 Annual TMA Convention, San Diego, CA, October 26, 2011
• Speaker, How to Achieve a Successful Restructuring in Today's Changing Legal and Business Environment, 2011 Annual TMA Convention, San Diego, CA, October 26, 2011
• Moderator, Four Truths About Lending, Turnaround Management Association Breakfast Forum, Chicago, IL, November 5, 2010
• Speaker, Revisiting Chapter 11 Sale Strategies After Philadelphia Newspaper/Pacific Lumber, 84th Annual National Conference of Bankruptcy Judges, New Orleans, LA, October 15, 2010
• Speaker, Valuation Methodologies of Distressed Assets and Companies: A Legal Overview, ABI Inaugural Professional Development Program, Chicago, IL, May 28, 2009
Associated News & Events
Press-Releases
07.10.14 Greenberg Traurig's Nancy Mitchell and Nancy Peterman Named 'Top 100: Restructuring & Turnaround Professionals' by Global M&A Network
06.30.14 Greenberg Traurig Receives Multiple Honors at 2014 Turnaround Atlas Awards
05.23.14 Greenberg Traurig Attorneys, Practices Included in 2014 Chambers USA Guide
05.19.14 Greenberg Traurig Receives Seventh Circuit Bar Association's 2014 Pro Bono & Public Interest Service Award
09.06.13 19 Greenberg Traurig Chicago Attorneys Recognized in 2014 Edition of Best Lawyers in America
06.28.13 Greenberg Traurig Receives 'Insolvency Deal of the Year' Award at 2013 Turnaround Atlas Awards
05.28.13 Chambers USA Guide 2013 Includes 176 Greenberg Traurig Attorneys, 33 Practice Areas
01.11.13 Forty-Seven Greenberg Traurig Attorneys Named to Leading Lawyers Network in Illinois
01.11.13 38 Greenberg Traurig Attorneys Recognized in 2013 Edition of Illinois Super Lawyers
11.05.12 Greenberg Traurig Named 'Law Firm of the Year' in Two Bankruptcy Categories by U.S. News - Best Lawyers
Published Articles
04.30.14 Claims Trading: Taking The Good With The Bad
01.01.14 Investing in Distressed or Underperforming Companies: Recent Challenges to Favored Deal Structures
03.01.13 Debtor-In-Possession Financing in US Bankruptcy Cases
02.01.13 Investing in China: What Every Investor Must Know
06.27.11 Highest Dollar Bid Not Always the Best
12.01.10 Restructuring Challenges of Tax-Exempt Bond Financing for Health Care Facilities
05.03.10 Continuing-Care Retirement Facilities: Are Residents' Deposits Recoverable?
01.01.10 Section 506 --- Secured Creditors' Claims
12.11.09 Healthcare Industry Not Immune to Economic Realities
12.01.09 Health Care Reform: An Overview and Its Long-Term Financial Effects
Alerts
04.01.05 Business Bankruptcy Provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
04.01.05 The Healthcare Bankruptcy Bill
Professional & Community Involvement
• Board Member, HFS Chicago Scholars
• Member, American Bankruptcy Institute
• Board of Directors
• Executive Committee
• Former Co-Chair, High Tech and Telecom Committee
• Former Co-Chair, Committee on Health Care Insolvency
• Former Chair, Chicago Bar Association's Bankruptcy & Reorganization Committee
• Former President and Former Board Member, Women's Health Executive Network
-
Education & CertificationsLaw SchoolUniversity of Michigan Law School
Class of 1991
J.D.
Other EducationUniversity of Michigan
Class of 1988
B.A.
-
Personal Details & HistoryAgeBorn in 1966
1966