Chambers Review
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+1 312 902 5200Provided 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. This approach provides the best results in the most time- and cost-efficient manner, allowing clients to get back to their most pressing concern — running their businesses.
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.
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Katten represented Wedbush Securities in defending an actual fraudulent transfer action worth USD800 million under Section 548(a)(1)(A) of the Bankruptcy Code.
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Katten distinguishes themselves through a combination of deep technical expertise, responsiveness and the ability to navigate complex situations with clarity and confidence.
Katten does a great job managing different parties, is always highly responsive and has strong commercial understanding.
Katten excels at managing different stakeholder groups with competing interests while pushing transactions forward as efficiently as possible.
Katten distinguishes themselves through a combination of deep technical expertise, responsiveness and the ability to navigate complex situations with clarity and confidence.
Katten does a great job managing different parties, is always highly responsive and has strong commercial understanding.
Katten excels at managing different stakeholder groups with competing interests while pushing transactions forward as efficiently as possible.
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Steven Reisman co-chairs 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.
His positive spirit is well known in the industry, and he uses it to bring people together to find consensus in contentious matters.
He is an icon in the bankruptcy space and a sophisticated adviser and counsellor. His relationships span across practices and industries and allow him to better serve his clients.
He is commercial and client-focused.
Steve is easy to work with and delivers great results. He is prompt, responsive and stays focused on his directive.
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