About

Provided by Levenfeld Pearlstein LLC

LP’s Financial Services & Restructuring Group has deep experience in all facets of in-court and out-of-court restructurings and workouts, across the United States and internationally. LP’s restructuring attorneys are keenly familiar with the market and strategic options and maintain a vast network of connections, thereby enabling them to provide tailored advice that achieves unprecedented results in an efficient and cost-effective manner.

Secured lenders: LP has a long history of protecting lenders’ interests when their loans go into default. LP works with lenders to determine the best way to get repaid, including insolvency, restructuring, assignments for the benefit of creditors, receiverships, and other actions.

Unsecured creditors and creditor committees: LP’s nationwide creditor practice has represented the following, among others, in bankruptcy and other litigation cases: commercial landlords, trade creditors, official committees of unsecured creditors, and defendants in preference and fraudulent conveyance actions.

Fiduciaries: LP has significant experience representing and advising assignees, receivers, liquidating trusts, bankruptcy trustees, and boards of directors of troubled companies.

Asset purchasers and note dispositions: One of LP’s core strengths is representing sophisticated purchasers, including private equity and hedge funds, in acquisitions of distressed businesses and/or distressed debt.

Chambers Review

Provided by Chambers
Bankruptcy/Restructuring - Illinois
5
Band 5
What the team is known for

Levenfeld Pearlstein is noted for its strong restructuring practice. The firm's attorneys handle a wide range of matters, including workouts, reorganizations and financing transactions. They act for both debtors and creditors.

Work Highlights

Provided by Levenfeld Pearlstein LLC
  • Levenfeld Pearlstein represented the ad hoc committee of NAS Children, as general bankruptcy counsel, in the bankruptcy of Purdue Pharma.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Elizabeth Vandesteeg
4
Elizabeth Vandesteeg
4
Band 4

Elizabeth Vandesteeg is an experienced bankruptcy practitioner. She is regularly called upon by debtors and creditors for assistance with reorganization and restructuring matters.

"Lisa is an incredible practitioner with an unparalleled bedside manner. She is very much attuned to the market and understands its changing needs."

"Without hesitation I would hire Lisa to handle our most important matters."

"She is creative, tenacious, strategic and just really pleasant to work with."

Harold D. Israel
4
Harold D. Israel
4
Band 4

Harold Israel wins praise from the market for his strong restructuring practice. He offers a wealth of experience representing debtors, lenders and creditors in both in-court and out-of-court restructurings.

"I really like Harold and his ability to cut through the noise and get to the right answer."

"Harold is a wonderful and dedicated attorney."

"Harold is a true professional and is experienced at all levels of insolvency. His calm demeanor and systematic approach is very effective."

Ranked Lawyers at
Levenfeld Pearlstein LLC

Provided by Chambers
Filter by
Band

Illinois

Bankruptcy/Restructuring

Elizabeth Vandesteeg
4
Elizabeth Vandesteeg
4
Band 4
Harold D. Israel
4
Harold D. Israel
4
Band 4

Members

Provided by Levenfeld Pearlstein LLC