Mark S. Chehi - Skadden, Arps, Slate, Meagher & Flom LLP

Mark S. Chehi

Listed in Best Lawyers since 2007
Phone: 302-651-3160

Mark Chehi is a partner in the Corporate Restructuring Group of Skadden, Arps. He has represented numerous public and private companies in out-of-court restructurings and workouts, “prepackaged” and prearranged bankruptcies, traditional Chapter 11 cases, and related transactions, strategy and governance issues.

He provides U.S. representation and strategic advice to international creditors and administrators, appears in court regularly, and takes lead roles in litigated matters, including bankruptcy, insolvency, fiduciary breach and commercial litigation, and mediations.

Mr. Chehi has represented lenders, acquirers, shareholders, creditors’ committees, committee members and board special committees in a wide variety of matters, including international and cross-border situations.

Additionally, he advises officers and directors of companies and other stakeholders involved in financial restructurings on corporate governance and fiduciary duties.

During his career, Mr. Chehi has had primary responsibility in numerous significant in-court and out-of-court restructurings. His public representations include the following Chapter 11 matters: Birch Telecom (company); Bruno’s (acquirer); Buffets Restaurants (senior lender agent); Congoleum Corporation (parent); Chart Industries (company-prepak); Delaco Company (company-mass tort liabilities); Exodus Communications (company); GenTek (company); HCI Direct (company-prepak); LandAmerica Financial Group (outside directors); Lenox Healthcare (company); Mrs. Fields Cookies (company-prepak); NewComm Wireless (senior lender-stalking horse bidder); Nutritional Sourcing Corp. (creditors committee); Owens Corning (company); Russell-Stanley Holdings (company-prepak); Syms/Filene’s Basement (debtors); Tropicana Entertainment (senior lenders); UDC Homes (company); VeraSun Energy (company); Viatel (company); W.R. Grace (member of creditors committee); and Yellowstone Club (senior lenders).

Mr. Chehi was named a “BTI Client Service All-Star 2012” by The BTI Consulting Group. He also is included regularly in Chambers USA: America’s Leading Lawyers for Business, Euromoney and Legal Media Group’s Guide to the World’s Leading Insolvency and Restructuring Lawyers, as well as The Legal 500 United States Guide and The Best Lawyers in America. Mr. Chehi is a guest lecturer at the Georgetown University McDonough School of Business on bankruptcy and corporate restructuring topics.

Haverford CollegeBA The University of Chicago Law SchoolJ.D.
Turnaround Management AssociationInternational Association of Restructuring, Insolvency and Bankruptcy PractitionersAmerican Bar Association

Case History

Other Court Admissions
  • U.S. Courts of Appeals for the Third, Fifth and Ninth Circuits
    U.S. District Courts for the District of Delaware and Middle and Eastern Districts of Pennsylvania

Client Comments

"Mark has managed highly complex and significant bankruptcy cases for our institution, and has shown a magnificent ability to negotiate with multiple contentious parties and reach favorable results for his client. He prioritizes, anticipates issues, identifies matters that require immediate attention, and is mindful of our business needs. I highly recommend Mark for bankruptcy and restructuring matters."

-Francisco Pericas
Senior Vice President
Banco Popular de Puerto Rico

"I have very much enjoyed working with Mark. He is extremely intelligent, thoughtful, and creative in his approach. He is tenacious and always available for his clients."

"Mark has an unsurpassed ability to achieve results in contentious, multi-party negotiations through his quick wit, suave disposition, and unrelenting rationality. Mark is also very commercial, an invaluable asset for situations in which time is of the essence."

"Mark provided outstanding advice and direction in a difficult engagement for a prior company. He is very practical and driven to deliver results in a timely way."

-Gregory Lawhon
News-Press & Gazette Company

"Mark Chehi is extraordinarily practical and exhibits excellent business judgment."

Office Location

One Rodney Square
920 North King Street
Wilmington, DE 19801
United States

Lawyer of the Year Awards

2016 Lawyer of the Year in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law of the Wilmington-DE Metro Area2015 Lawyer of the Year in Litigation - Bankruptcy of the Wilmington-DE Metro Area
Mark S. Chehi has earned a Lawyer of the Year award for 2016!Mark S. Chehi has earned a Lawyer of the Year award for 2015!

Practice Areas

Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (Chapter 11, Commercial, Creditors' Rights, Debtors' Rights, Litigation, Out-of-Court Workouts, Workouts and Restructurings)
Litigation - Bankruptcy