About

Provided by Katten

Our Insolvency and Restructuring team offers practical, innovative solutions to complex business and legal issues that arise in the restructuring process, with a focus on resolving clients' economic objectives. We provide proactive, front-end counseling to clients in structuring commercial transactions to identify and minimize risks related to insolvency and bankruptcy. Financial institutions seek our assistance in restructuring large syndicated loans as well as "club" and middle-market loans. Our lender clients rely on us for thoughtful advice and prompt, market-tested structures and documentation in debtor-in-possession, exit and other bankruptcy-related financings. We are one of the leading firms to represent indenture trustees in connection with credit default administration and related litigation.

Our team has significant experience representing financially strained enterprises, including as Chapter 11 debtors, in various fields such as energy, technology, consumer products, retail and data-collection, and related services. We also represent buyers and sellers of businesses and assets in distressed situations, including in the context of bankruptcy proceedings and through the use of various state law procedures. We frequently represent stalking-horse and other third-party bidders in bankruptcy sales. Our team works closely with the firm's corporate and transactional attorneys to provide the optimal mix of experience in any transaction.

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring - Illinois

3
Band 3

What the Team is Known For

Katten is recognized for its representation of lenders, indenture trustees, debtors and other parties in connection with insolvencies and restructurings, while also providing advice on the sale of distressed assets. The firm offers strong experience in sectors such as renewable energy, real estate and healthcare.

Work Highlights

  • Katten represented Wedbush Securities in defending an actual fraudulent transfer action worth USD800 million under section 548(a)(1)(A) of the Bankruptcy Code.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Peter A. Siddiqui
2
Peter A. Siddiqui
2
Band 2

Peter Siddiqui advises on distressed asset transactions. He has further experience representing both debtors and creditors in bankruptcy proceedings. He has a strong track record advising clients in bankruptcy and restructuring matters arising within the crypto space.

Pete is extremely smart and handles a lot of work in the crypto space.

Pete is awesome; he does an amazing job.

Pete reacts quickly and provides solutions to a variety of roadblocks.

Peter P. Knight
3
Peter P. Knight
3
Band 3
Peter Knight routinely acts in out-of-court restructuring and bankruptcy proceedings. His clients include financial institutions.

He is creative, quick to respond and practical in his answers.

Pete is excellent and works tirelessly to bring matters to a conclusion. He is a trusted advisor.

Peter is extremely knowledgeable and a pleasure to work with.

5
Paul Musser
5
Band 5

Paul Musser is known for advising a range of lender clients in bankruptcy litigation and out-of-court restructurings. He also represents clients involved in distressed asset transactions.

Paul is very good at assessing risks and communicating with counsel on other side.

Paul is an excellent communicator with an innate ability to deliver clear, creative solutions to complex problems. He consistently anticipates challenges by thinking several steps ahead.

Ranked Lawyers at
Katten

Provided by Chambers
Filter by
Band

Illinois

Bankruptcy/Restructuring

Peter A. Siddiqui
2
Peter A. Siddiqui
2
Band 2
Peter P. Knight
3
Peter P. Knight
3
Band 3
5
Paul Musser
5
Band 5