About Us

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
  • Contracts
  • 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