North America - United States • Finance
McDermott Will & Emery LLP
McDermott Will & Emery LLP‘s restructuring and insolvency practice is skilled in all aspects in distressed transactions, with the team acting for publicly and privately owned companies going through financial challenges in-court and out-of-court, as well as significant experience in cryptocurrency-related bankruptcy. In Chicago, Felicia Perlman heads the practice and represents clients in industry sectors including healthcare and energy, while Bradley Giordano has worked on multi-jurisdictional and cross-border matters. Jay Kapp is focused on all aspects of corporate bankruptcies and reorganizations, with Kristin Going and Darren Azman key names in New York.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team has very deep experience in health-care related bankruptcies, leveraging off of McDermott's health care practice.’
‘David Hurst, Felicia Perlman and Brad Giordano are each very talented bankruptcy attorneys. They are distinguished by the scope of their knowledge, their creativity and thoughtfulness and their client commitment, and they display those qualities when representing both debtors and creditors.’
‘Expertise in crypto, healthcare restructurings for company and creditors.’
‘Felicia Perlman - excellent, well-respected leader of the group, well-known outside of Chicago too Maris Kandestin - brilliant and tenacious DE practitioner David Hurst - commercial and reasonable DE practitioner Brad Giordano - the kind of lawyer you want across the table, extremely easy to work with.’
‘This group is excellent at what they do. In our matter, they came up with many creative work arounds to help get us over negotiating landmines and kept us on track to meet our goals.’
‘Dan Simon was the lead partner and is simply a rock star. Creative, bright, and an amazing advocate. Never gets flustered, even in the roughest of times. Easy to communicate with and never speaks down to you.’
‘McDermott Will & Emery LLP has outstanding partners available to cover complex matters and respond quickly to deal needs.’
‘Marcus Helt (partner) has a strong strategic mind capable. He is capable of anticipating our needs and the needs of the case which helps us stay in control of complex matters.’
Key clients
- Global Loan Agency Services Ltd.
- Nordic Aviation Capital
- Denton County Electric Cooperative, Inc.
- Wesco Aircraft Holdings, Inc.
- Voyager Digital
- Wilmington Trust, N.A.
- Quorum Health Corporation
- Cred Inc. Liquidation Trust
- Spherature LLC
- Mercy Iowa City
- Prime Core Technologies Inc.
- Reagor-Dykes Auto Group LLC
- The Official Committee of Unsecured Creditors of Benefytt Technologies Inc.
- The Official Committee of Unsecured Creditors of AppHarvest Products, LLC
- Output Services Group, Inc.
- MTPC LLC
- Official Committee of Unsecured Creditors of Legacy IMBDS, Inc., et al.
- Volunteer Energy Services, Inc.
Work highlights
- Represented GLAS as both the exit facility term loan agent on a $506,000,000 Term Loan and as the trustee on multiple liquidating trusts, including the Operating and Property Companies with respect to the JCPenney bankruptcy.
- advised the disinterested directors of certain affiliates of Nordic Aviation Capital, the largest regional aircraft lessor in the world.
- Represented the largest of 16 distribution electric cooperative owners of Brazos Electric Power Cooperative, Inc. (“Brazos”) in connection with Brazos’ chapter 11 case pending in the United States Bankruptcy Court for the Southern District of Texas.
Practice head
The lawyer(s) leading their teams.
Felicia Perlman, Charles Gibbs, Kristin Going, Darren Azman