Jonathan E. Aberman leads the Chicago Bankruptcy, Insolvency & Creditors’ Rights practice and is a member of the Business Services, Corporate Finance and Financial Industries Groups.
Mr. Aberman’s national practice is committed to helping clients find creative, valuable and cost-effective solutions to complex bankruptcy and insolvency-related problems, both in and out of court. He has helped businesses, banks and non-bank lenders, finance companies, special servicers and other secured and unsecured creditors protect their assets and interests in bankruptcy cases, workouts and restructurings, foreclosures, receiverships and assignments for the benefit of creditors. In addition, he regularly structures business deals and financial transactions with these situations in mind. He has also represented buyers and sellers of assets in the distressed marketplace, including Bankruptcy Code Section 363 sales and sales under Article 9 of the Uniform Commercial Code.
With almost twenty years of experience, Mr. Aberman has handled all of the aspects of complex chapter 11 cases in Bankruptcy Courts across the country, including debtor-in-possession financing and cash collateral disputes, auctions and asset sales, plan formation and confirmation, claims and objections, preference actions and fraudulent transfer suits.
Mr. Aberman also negotiates and structures the bankruptcy-related aspects of commercial loan transactions, including intercreditor and subordination agreements, and unitranche and agreements among lenders.