Mr Peter Siddiqui > Katten > Chicago, United States > Lawyer Profile

CHICAGO, IL 60661-3693
United States

Work Department

Insolvency & Restructuring


When advising creditors in bankruptcies and reorganizations, Peter Siddiqui knows that his job is to make the best of a bad situation. Banks, hedge funds and private equity investors, as well as borrowers, turn to him to find swift solutions that protect their interests with minimal distress. Because he understands his clients’ business realities — whether they’re in the automobile, real estate, financial services or hospitality and resort industries — he offers advice that’s not just informed, but practical.

Dealing with companies in financial distress requires a flexible mindset focused on practical solutions for problems that often involve a host of parties. Peter knows that his goal isn’t to “win” every dispute. Instead, he keeps his eye on creating a framework that will produce the best result efficiently. He has worked with companies through all phases of the economic cycle, and understands that every restructuring, bankruptcy and other debt resolution must take into account the context of the financial environment.

Peter also assists debtors in Chapter 11 cases, trustees in bankruptcy actions and secured creditors in mortgage foreclosures, sales and orderly wind downs.


JD, Indiana University Robert H. McKinney School of Law; BA, DePauw University

Lawyer Rankings

United States > Finance > Restructuring (including bankruptcy): corporate

Katten remains a go-to firm for the representation of independent directors in both chapter 11 cases and out-of-court restructurings. It is also well versed in the representation of debtors, equity sponsors and creditor committees, and has strong rapports with investment banks and financial advisors. New York-based Steven Reisman  and Chicago’s Peter Siddiqui  are co-chairs of the team. The practice has significantly enhanced its offering throughout 2021, with the arrival of Terence Banich from Fox Rothschild LLP, Michael Comerford from Paul Hastings LLP, Michaela Crocker from Jones Day, Peter Knight from Latham & Watkins LLP, John Mitchell from Akerman LLP, Julia Winters from White & Case LLP and Cindi Giglio rejoining from Gordon Brothers Group. Theresa Foudy departed the firm, while Jeff Friedman retired.