Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Health Care Law
Nancy A. Peterman
Recognized in Best Lawyers since 2007 Awarded Practice Areas
Biography
Nancy A. Peterman is Chair of the Chicago Business Reorganization & Financial Restructuring Practice. She focuses her practice on corporate restructurings, bankruptcy and creditors' rights law, and has a wide range of experience representing debtors, purchasers of assets, committees and secured creditors.
Overview
- The University of Michigan Law School, J.D., graduated 1991
- Illinois, Illinois State Bar Association
- New York, New York State Bar Association
- American Bankruptcy Institute - Board member
- Illinois, Illinois State Bar Association
- New York, New York State Bar Association
- American Bankruptcy Institute - Board member
- The University of Michigan Law School, J.D., graduated 1991
Client Testimonials
Awards & Focus
Named "Lawyer of the Year" by Best Lawyers® for:
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Chicago (2023)
Recognized in The Best Lawyers in America® 2026 for work in:
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
- Health Care Law
Awards:
- Super Lawyers magazine, Illinois Super Lawyers, 2005-2014 Among the Top 50 Female Lawyers in Illinois, 2005, 2007, 2009-2014
- Leading Lawyers Network, 2006-2014
- Fellow, American College of Bankruptcy
- Board Certified Business Bankruptcy Lawyer, American Board of Certification
- Chambers USA Guide, National - Bankruptcy/Restructuring, 2006-2013
- The Legal 500 United States, 2011-2012
- Winning Team, Global M&A Network’s 2012 Turnaround Atlas Award for "Private Equity Turnaround of the Year" for the Chapter 11 reorganization and acquisition of American Laser Skincare LLC
- Winning Team, Global M&A Network’s Turnaround Atlas Award, "Insolvency Deal of the Year – Middle Markets," for the Chapter 11 restructuring of ShengdaTech, Inc., 2013
- "Restructuring Lawyer of the Year - Middle Markets," Global M&A Network’s Turnaround Atlas Awards, 2013
News & Media
Case History
Cases
- Areas of Concentration
- Business restructurings
- Creditor rights
- Debtor rights
- Health law
- Other Court Admissions
- U.S. District Court for the Northern District of Illinois
- Significant Representations
- Represented ShengdaTech, Inc., a manufacturer of a specialty additive known as nano-precipitated calcium carbonate, in its Chapter 11 case. The company was created through a reverse merger of five Chinese manufacturing companies into a U.S. public company shell.
- Represented Bellus ALC Investments 1 in connection with the out-of-court restructuring of American Laser Centers, a laser hair removal clinic with more than 100 locations across the United States, and the subsequent Chapter 11 case of American Laser Centers, resulting in Bellus' acquisition of the ALC business in a sale pursuant to Section 363 of the Bankruptcy Code.
- Represented Barclays Bank PLC as Agent and a Steering Committee of Secured Lenders under a First Lien Credit Agreement in the Chapter 11 cases of LandSource Communities Development LLC. More than $1.2 billion in debt was restructured and $280 million of new capital was raised in connection with this reorganization which was implemented through a plan proposed and implemented by Barclays Bank PLC, as Agent.
- Represented William Yung and Tropicana Casinos & Resorts, Inc., the 100 percent equity holders of Tropicana Entertainment, LLC, in its Chapter 11 case pending in the United States Bankruptcy Court for the District of Delaware involving the restructuring of more than $2 billion in debt.
- Part 2
- Represented Wickes Furniture Company, Inc., a Chicago-based retail furniture company, in its Chapter 11 reorganization.
- Counsel to Mestek, Inc. in the Chapter 11 case of its second tier subsidiary, Met-Coil Systems, LLC. As part of this Chapter 11 case, millions of dollars of alleged toxic tort liability was settled.
- Counsel to the Official Committee of Unsecured Creditors and Post-Consummation Trust in the Conseco Finance Company Chapter 11 cases.
- Counsel to the Unsecured Creditors' Committee in FPA Medical Management, Bankruptcy Court, District of Delaware, the nation's largest physician practice management Chapter 11 case, involving 7900 physicians and 1.4 million HMO enrollees in 29 states. The bankruptcy case concluded with a confirmed plan of reorganization allowing for the sale of the companies after nearly one year of negotiations.
- Represented Schutt Sports, Inc., et al. in its Chapter 11 reorganization.
- Represented the Official Committee of Unsecured Creditors in the Chapter 11 case of ethanol producer Renew Energy LLC.
- Represented PPM Technologies, Inc. in its Chapter 11 reorganization.
- Represented a consortium that bid on the right to serve as the equity sponsor for the Extended Stay Hotels, Inc. plan of reorganization.
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