
Bankruptcy/Restructuring: Highly Regarded
Global Guide 2026 : USA
Rankings

Ranked Individual
Ranked Individual
About
Provided by Katten
Our team approaches each engagement with a creative, outside-the-box outlook, an understanding of the motivations and goals of the parties involved, practical counsel that takes business realities into consideration, and focuses on exceeding the clients' objectives.
The team has particular industry expertise in the retail and oil, gas and coal sectors, having represented parties across the capital structure and gained a complete understanding what drives excellent results for clients in these industries. We have had prominent roles in multiple Chapter 11 cases in these sectors, including J.C. Penney Company, Inc., Neiman Marcus, Lord & Taylor, Sears Holdings Corporation, Barneys, Toys "R" Us and Alex & Ani, as well as Gulfport Energy, Seadrill Limited, Sable Permian Resources and Sheridan Holding Company.
The Insolvency and Restructuring practice has in-depth experience representing different constituencies and in all types of in-court and out-of-court restructurings and workouts, with a focus on bankruptcy litigation, Section 363 transactions and other M&A transactions involving distressed companies. Katten also is one of the preeminent firms in representing independent directors in Chapter 11 cases and out-of-court restructurings. In addition, we regularly represent corporate debtors, official and unofficial creditors' committees, secured lenders, trade creditors, administrative agents, indenture trustees and equity sponsors.
Chambers Review
Provided by Chambers
Work Highlights
Provided by Chambers
Katten represented Thrasio, at the direction of its independent directors, in connection with the company's Chapter 11 cases.
Strengths
Provided by Chambers
The firm has an expert on every matter and still has the ability to keep one single point of contact.
Bankruptcy/Restructuring: Highly Regarded respondentGlobalKatten is responsive, knowledgeable about market trends and creative in finding solutions to challenges.
Bankruptcy/Restructuring: Highly Regarded respondentGlobalThe Katten team is incredibly responsive, available and very focused on helping to find solutions.
Bankruptcy/Restructuring: Highly Regarded respondentGlobal
Notable Practitioners
Provided by Chambers
Band 2 
Band 2 
Steven J Reisman
Steven Reisman cochairs Katten's insolvency and restructuring practice and has recent experience in matters related to the energy and retail industries. He is also highly recommended for his expertise in representing independent directors in high-stakes bankruptcy proceedings. Steven is the consummate lawyer for independent directors of distressed companies.
Bankruptcy/Restructuring: Highly Regarded respondentGlobalSteven's creativity is unbeatable.
Bankruptcy/Restructuring: Highly Regarded respondentGlobal
Ranked Individuals at Katten (1)
Members
Provided by Katten

Steven J. Reisman
Head of Department

Peter A. Siddiqui
Head of Department

Steven J Reisman
View profile of Steven J Reisman
Katten has rankings in the following guides
Band 3 USA 2026
Practice area: Bankruptcy/Restructuring
Location: Illinois
View department profile for USA 2026Band 5
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