DEPARTMENT PROFILE

Proskauer Rose LLP

Bankruptcy/Restructuring

2 ranked lawyersBand 3IllinoisUSA 2021 View ranking table
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Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

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What the team is known for

Handles bankruptcies and restructurings across a broad swath of industries, notably handling a number of high-value Chapter 11 cases on behalf of debtor-side clients. Niche expertise in advising private equity firms on the bankruptcies of portfolio companies and additional strength in bankruptcy litigation. Also noted for its handling of distressed M&A. Experienced counsel to creditors' committees.

Strengths

Sources say: "The team has a significant amount of knowledge in terms of understanding lending and financing."

Clients note: "It is a great team that works well together to provide guidance and direction."

Work highlights

Represented the trustee overseeing the liquidation of the for-profit college ITTTechnical Institute.

Notable practitioners

Jeff Marwil advises clients on in-court and out-of-court restructurings. He has notable experience in significant Chapter 11 cases.
"He is an excellent resource who is professional, knowledgeable and tireless." "He is extremely quick in coming to the appropriate advice and practical guidance."

Paul Possinger advises clients on matters relating to corporate reorganization, creditors' rights and bankruptcy.
"He is supportive, professional and a talented counselor. He is excellent to work with." "He is a strong lawyer who does fine work."

Department Information

This content is provided by Proskauer Rose LLP.

Overview

At Proskauer, we counsel clients on all matters related to distressed situations, corporate governance, insolvency and bankruptcy. Our partners are routinely retained to apply their creativity and practicality to the most critical and complex assignments such as Puerto Rico, General Motors and Enron.

We represent every constituent (debtor, lender, unsecured creditor, board of directors, shareholder, new investor) involved with a business in distress and understand the goals, strategies and tactics of each of the parties. Our relationships and broad-based experience enable us to work collaboratively in highly-charged situations to develop value-added resolutions for our clients. We also specialize in trial and appellate litigation, having won numerous landmark victories for clients, and adversaries and judges know our reputation for scholarship that works in the real world.

Bankruptcy/Restructuring Department

Proskauer Rose LLP

firm
Department location

Three First National Plaza

70 West Madison

Suite 3800

Chicago

Illinois

USA

IL 60602-4342

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Illinois

Bankruptcy/Restructuring


Jeff J Marwil
Band 2
Paul V. Possinger
Band 2