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Katten

525 WEST MONROE STREET, CHICAGO, IL 60661-3693, USA
Tel:
Work +1 312 902 5200
Fax:
Fax +1 312 902 1061
Email:
Web:
Katten.com

John Sieger

Tel:
Work +1.312.902.5294
Email:
Web:
www.kattenlaw.com/John-Sieger
Katten

Work Department

Insolvency & Restructuring

Position

John P. Sieger is the national head of Katten's Insolvency and Restructuring practice. He has been involved in many high-profile insolvency proceedings throughout the country, including the bankruptcy proceedings of the Chicago Tribune, Exide Technologies, Conseco, United Airlines, Sentinel Management Group, Monitor Consulting Group, South Texas Oil, TLC Vision, Montgomery Ward, Thornburg Mortgage, Inc. and Cadence Innovation.

Described as "very grounded" (Chambers USA), John has represented debtors and creditors in fields from automotive supply to financial services to energy for nearly 20 years. He has resolved hundreds of reorganization cases, both in adversarial proceedings and out-of-court workouts. His litigation experience extends to a variety of federal courts from the district and circuit levels all the way to the US Supreme Court, where Katten represented the larger of two senior lenders in In re RadLAX, the landmark case in which the Court unanimously endorsed credit-bid rights in bankruptcy plans.

John’s out-of-court experience includes numerous Uniform Commercial Code foreclosure sales, assignments for the benefits of creditors, restructurings and bankruptcy-remote entities. His efforts to minimize risk and maximize long-term value for his clients involve the analysis and implementation of various securitization and realization techniques. He has a reputation for finding creative solutions and minimizing cost and delay.

Education

JD, University of Michigan Law School; BS, University of Illinois


United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

Katten is experienced in representing financial institutions and lender groups in restructuring and bankruptcy-related financings, including DIP financing. The firm is also known for its work with indenture trustees relating to credit default administration and subsequent litigation, as well as for acquiring and selling assets of companies in distress. Chicago-based John Sieger leads a national practice with offices in Illinois, California and New York. The New York office was recently boosted by the arrival of a team from Curtis, Mallet-Prevost, Colt & Mosle LLP, including the 'exceedingly sophisticated' Steven Reisman (now head of insolvency and restructuring in New York), Theresa Foudy, Cindi Giglio, Shaya Rochester and corporate specialist Evan Borenstein. Also notable in the 'strong team' is Craig Barbarosh, who splits his time between Orange County and New York, and was lead counsel to Wilmington Trust, the indenture trustee with respect to $200m of notes issued by Canadian company Nortel Networks; the complex, cross-border matter relates to an allocation dispute involving more than $7bn of the company’s sale proceeds that was litigated in joint trial proceedings in the US Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice. In another highlight, the team is representing a joint venture comprising Gordon Brothers Retail Partners and Hilco Merchant Resources in the Chapter 11 of retailers Brookstone Holdings and Samuels Jewelers pending in the Bankruptcy Court for the District of Delaware; the team successfully resolved the various objections filed against store closing sales, as well as litigating the application of Section 327 of the Bankruptcy Code to the joint venture.

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