Steven Chaiken

Change your cover photo
Change your cover photo
Law firm rendering legal advice on insolvency restructuring workout and all other aspects of debtor-creditor matters.
This user account status is Approved

This user has not added any information to their profile yet.

Adelman & Gettleman
Insolvency Attorneys
53 W. Jackson Blvd.

Our bankruptcy and commercial litigation practice is highly regarded and respected in bankruptcy courts throughout Illinois, Indiana, and Wisconsin. We seek innovative approaches and solutions in the workout context but stand prepared to draw upon our substantial litigation experience in complex bankruptcy litigation when necessary. We are experienced in resolving the business and legal problems that arise when commercial transactions, credit agreements, business plans, and mortgages fail to proceed as intended.

Our bankruptcy attorneys routinely handle the following matters for our clients:

Advising management, boards of directors, and committees of directors of troubled companies before and during Chapter 11 proceedings, including counseling financially distressed companies of viable alternatives to commencing a bankruptcy case

Identifying problems and solutions which may or will arise in bankruptcy cases and structuring the potential resolution of same prior to their emergence
Handling cash collateral negotiations and debtor-in-possession financing arrangements
Structuring and implementing the purchase and sale of businesses and assets from Chapter 11 debtors
Handling complex Chapter 11 plan negotiations and the litigation of contested plan confirmation issues
Prosecuting and defending preference litigation and fraudulent conveyance litigation
Enforcing the rights of secured creditors
Handling single asset real estate partnership cases
Providing corporate restructuring advice
While the firm’s Chapter 11 bankruptcy practice is complex, the approach is straightforward: it combines big firm experience and talent with boutique firm creativity, focus, and flexibility. Clients of all sizes appreciate the firm’s ability to expeditiously and expertly advise on a broad range of issues while remaining cost conscious. The firm has also gained an edge on its competitors due to the strong practical business-sense it brings to finding solutions to today’s legal problems. Adelman & Gettleman also stacks up well against other firms in its lawyers’ accessibility and attentiveness to detail. The firm is recommended in Chambers USA as a leading bankruptcy firm in Illinois, “and for having earned acclaim in its handling of regional bankruptcies.” Clients can count on its attorneys to be approachable, responsive, efficient and effective. Inquiries are responded to quickly, case developments reported on regularly, and changes in relevant law constantly monitored.

When handling complex Chapter 11 reorganization issues, our attorneys boast over 100 years of collective experience handling the practical issues of a case as well, including:

Business and Commercial Litigation
Corporate Law
Corporate Governance
Mergers & Acquisitions
Commercial and Real Estate Lending
Lending Institutions and Real Estate
Cram-down litigation
Proceedings involving leases and executory contracts
Cash collateral stipulations
Debtor-in-possession financing
Asset sales
Valuation proceedings
Preference and automatic stay proceedings
Bankruptcy appeals

Comments are closed.