Department profile
Cozen O'Connor

Bankruptcy/Restructuring

USA Guide 2026 : Illinois


Cozen O'Connor

Rankings

About

Provided by Cozen O'Connor

Cozen O'Connor represents key parties on all sides of bankruptcy and restructuring matters, including large corporate debtors, secured and unsecured creditors, creditors’ committees, and trustees. On the debtor side, we quickly assess the client’s options and devise a workable solution, whether the client is looking to refinance or restructure debt, or to sell substantially all of its assets through an out-of-court process or a Chapter 11 proceeding. On the creditor side, we implement strategies for creditors and creditors’ committees to maximize their recoveries against debtors in an expeditious manner. We also represent trustees in administering complex Chapter 7 cases, pursuing litigation against third parties, and selling business assets under a court-sanctioned auction process. Overall, our goal in every engagement is to restructure or liquidate in a way that preserves and maximizes value.

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - Illinois

Band 4

Band 4


What the Team is Known For

Cozen O'Connor houses practitioners who are experienced in handling a range of bankruptcy and restructuring matters. Its expertise covers workouts and bankruptcy-related litigation. The team works with a range of clients, including debtors, creditors and trustees.

Work Highlights

Provided by Chambers

  • Cozen O'Connor represented IL CCRC, an affiliate of Encore Healthcare

    Services of New York, in its USD115 million purchase of the senior care facility formerly known as Friendship Village of Schaumburg.

Strengths

Provided by Chambers

  • Cozen's attorneys are practical and have strong legal and procedural expertise. They are able to quickly grasp complex matters and analyze issues from various perspectives.

    Bankruptcy/Restructuring respondentUSA
  • The firm demonstrates strong attention to detail and client needs, and is very proactive. They are also very responsive and keep the client well informed throughout.

    Bankruptcy/Restructuring respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 2Brian L Shaw
    Band 2Brian L Shaw

    Brian L Shaw

    Brian Shaw acts for clients in bankruptcy litigation and on distressed M&A. He works on Chapter 11 and Chapter 7 cases, among other matters.
    • Brian is highly intelligent and experienced.

      Bankruptcy/Restructuring respondentUSA
    • Brian handles highly sophisticated and contentious matters; he is able to stay focused and ensure great results.

      Bankruptcy/Restructuring respondentUSA
    • Brian has really excellent legal skills; he can analyze things quickly and knows which results and business solutions you can get.

      Bankruptcy/Restructuring respondentUSA
  • Band 5Allen Guon
    Band 5Allen Guon

    Allen Guon

    Allen Guon is a skilled bankruptcy practitioner. He offers significant expertise in Chapter 7 and Chapter 11 trustee matters, loan workouts and federal and state equity receivership issues.

    • Allen is an excellent attorney who grasps the issues quickly and has productive insights and courses of action to resolve issues within the case.

      Bankruptcy/Restructuring respondentUSA

Ranked Individuals at Cozen O'Connor (2)

Illinois

Members

Provided by Cozen O'Connor

Cozen O'Connor has rankings in the following guides

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