About

Provided 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. 

Chambers Review

Provided by Chambers
Bankruptcy/Restructuring: Highly Regarded - USA - Nationwide
1
Band 1
What the team is known for

Katten is a respected firm with significant experience across a wide range of bankruptcy matters, including Chapter 11 proceedings and out-of-court restructurings. It routinely acts for independent directors, debtors and lenders.

Work Highlights

Provided by Katten
  • Katten represented GWG in the company's Chapter 11 cases.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Steven J Reisman
4
Steven J Reisman
4
Band 4

Steven Reisman cochairs 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.

"He is very commercial and is always thinking about the directors' needs."

"Steve is one of the best in the business. He provides excellent, strategic guidance and people skills."

"Having his judgment is extremely valuable given his experience."

Ranked Lawyers at
Katten

Provided by Chambers
Filter by
Band

USA - Nationwide

Bankruptcy/Restructuring

Steven J Reisman
4
Steven J Reisman
4
Band 4