In addition, five Chicago attorneys were recently recognized as Rising Stars by the publication. They are Toby Eveland, Adam S. Fayne, Laura Lau Marinelli, Robert A. McKenzie, and Sharilee Smentek. Rising Stars are recognized as the top up-and-coming attorneys in the state — those who are 40 years old or younger, or who have been practicing for 10 years or less.

Super Lawyers is a listing of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. It is published as a special supplement in leading newspapers and city and regional magazines across the country. Super Lawyers Magazine, featuring articles about attorneys named to the Super Lawyers list, is distributed to all attorneys in the state or region, the lead corporate counsel of Russell 3000 companies and the ABA-approved law school libraries.

Barry Chatz

Arnstein & Lehr Chicago Partner Barry A. Chatz presented at the National Business Institute’s “Real Estate Foreclosure: A Step-by-Step Workshop” on January 13. He lead a discussion on the tax consequences of foreclosure. Mr. Chatz’s presentation included a review of the IRS reporting requirements for lender losses, the treatment of debt, the Mortgage Forgiveness Debt Relief Act, and the relief for investor owners of residential and commercial property. The workshop was geared for attorneys, mortgage brokers, in-house counsel and loan officers. Other topics covered during the full-day workshop included a case law update, alternatives to foreclosure, how bankruptcy changes the landscape and ethics in foreclosure. It was held at the Hyatt Lisle. Six hours of CLE credit has been approved by the Illinois MCLE board, including one hour of legal ethics CLE.

Barry Chatz

Kevin Morse

Arnstein & Lehr Chicago Partner Barry A. Chatz and Associate Kevin H. Morse have coauthored another article for Thomson Reuters News & Insight, published on the Bankruptcy Law page on December 17. The article, titled “A step inside consumer bankruptcy,” examines issues affecting the administration of consumer bankruptcy cases and how the law is being applied in the consumer Chapter 7 and 13 contexts. Mr. Chatz and Mr. Morse comment on three issues: the retrieval of a debtor’s towed vehicle without having to pay the towing fee or for the bankruptcy filing; difficulties faced by Chapter 7 trustees and secured creditors when determining the value of property, who rely on a debtor’s schedules or imperfect internet sources; and the effect of the decrease used car price on the car financing market and on the lender’s ability to recover on its loan.

To read the article in full, please click here.

Barry A. Chatz

Arnstein & Lehr Chicago Partner Barry A. Chatz recently participated in a “virtual roundtable” about US bankruptcy issues. The report has been published in the October issue of Financier Worldwide Magazine. Mr. Chatz was 1 of 4 panelists answering questions from moderator James Markus, President of American Bankruptcy Institute. In response to a question regarding the current health of US corporations, Mr. Chatz commented that through the end of 2012, it appears that US corporations will continue to thrive or maintain the status quo, avoiding significant distress or stress; however certain pockets of stress will continue to linger, including the newspaper business and some areas of construction.

To read the report in Financier Worldwide, please click here.

Barry A. Chatz

Kevin H. Morse

Arnstein & Lehr Chicago Partner Barry A. Chatz and Associate Kevin H. Morse authored an article for the September 10 issue of Thomson and Reuters News & Insight, titled “Beware of your fruits and vegetables: The nondischargeability of PACA related debts in bankruptcy.” Mr. Chatz and Mr. Morse explain how Congress passed the Perishable Agricultural Commodities Act in 1930 to protect the interests of producers of fresh fruits and vegetables when they brought their products to market, and Congress’ 1980s creation of a floating PACA trust. Mr. Chatz and Mr. Morse comment on how the PACA trust has strengthened PACA’s enforcement for the producers, however since its passage it has come into conflict with the bankruptcy code and the individual debtor’s fresh start.

The read the article in full, please click here.

Barry A. Chatz

Kevin H. Morse

Arnstein & Lehr Chicago Partner Barry A. Chatz and Associate Kevin H. Morse authored an article for the July 6 issue of Thomson and Reuters News & Insight, titled “After RadLAX: A practitioner’s guide.” Mr. Chatz and Mr. Morse discuss the case, RadLax Gateway Hotel LLC v. Amalgamated Bank, where the Supreme Court ruled that secured creditors have the right to bid their credit at an auction for their collateral. Mr. Chatz and Mr. Mrose comment on how the decision leaves debtors with fewer options during Chapter 11 reorganizations and ways for attorneys to represent debtors.

The read the article in full, click here.

Barry A. Chatz

Kevin H. Morse

Arnstein & Lehr Chicago Partner Barry A. Chatz and Associate Kevin H. Morse coauthored an article for Thomson Reuters News & Insight, which was published on the Bankruptcy Law page on June 14. The article, titled “BAPCPA and the middle class conundrum,” discusses the need for revisions to the Bankruptcy Code in order to give the middle class financial breathing room. Mr. Chatz and Mr. Morse suggest that certain government policies, such as the Means Test and the extended discharge period, have created “a virtual economic debtor prison incarcerating the middle class.”

To read their article in full, click here.

Barry A. Chatz

Kevin H. Morse

Arnstein & Lehr Chicago Partner Barry A. Chatz and Associate Kevin H. Morse have written an article that appeared in the May 10 issue of Thomson Reuters News & Insight Bankruptcy Law. The article, titled “Stern v. Marshall: A narrow ruling creating broad problems in the bankruptcy process,” discusses the US Supreme Court’s decision in a case that may broadly impact the utilization of the bankruptcy process within Federal Courts for years to come. Barry and Kevin explain that the Courts and litigants are using the Stern case as a vehicle to challenge and manipulate the jurisdiction of bankruptcy courts and the bankruptcy process.

To read the article in full, click here.

Barry A. Chatz

Arnstein & Lehr Chicago Partner Barry A. Chatz will be speaking at the Commercial Law League of America (CLLA) 118th National Convention & 82nd Chicago Spring Meeting in Chicago on Friday May 4. The event, titled “CLLA: The Key to Success – Unlocking Your Potential,” will be held from May 3 – 6 at the Westin Hotel in downtown Chicago. Mr. Chatz’s topic, “Traps for the Unwary: How Attorneys and Creditors Can End Up Paying Debtors or Their Estates and How to Avoid Them,” will address ways lawyers can become crosswise with the system and how expensive it can be both monetarily and non-monetarily.

To the view the conference schedule, click here.

Barry A. Chatz

Arnstein & Lehr Chicago Partner Barry A. Chatz has authored the introduction to Financier Worldwide’s “Compendium 2012 – Bankruptcy & Restructuring.” In conjunction, Mr. Chatz participated in the Compendium’s “Roundtable: Bankruptcy,” which focused on industry trends.

To view the compendium in full, click here.

Super Lawyers

The annual release of Illinois Super Lawyers included two dozen Arnstein & Lehr attorneys. The list of attorneys honored for 2012 included 23 partners from Arnstein & Lehr’s Chicago office.

They are: Roy L. Bernstein, Barry A. Chatz, Thomas P. Conley, Mark E. Enright, Michael L. Gesas, Kathleen M. Gilligan,  Allan Goldberg, David A. Golin, Joel M. Hurwitz, Norman P. Jeddeloh, Barry R. Katz, Arthur L. Klein, Samuel H. Levine, Robert E. McKenzie, Ronald D. Menaker, Hal R. Morris, Mark A. Spognardi, Mimi R. Stein, Michael R. Turoff, Mary Cannon Veed, David S. Waxman, Justin L. Weisberg, and Raymond J. Werner. Nancy S. Harbottle was named from our Hoffman Estates office.

In addition, three Chicago attorneys were recently recognized as Rising Stars by the publication. They are Adam S. Fayne, Laura Lau Marinelli and Toby Eveland. Rising Stars are recognized as the top up-and-coming attorneys in the state — those who are 40 years old or younger, or who have been practicing for 10 years or less.

Super Lawyers is a listing of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. It is published as a special supplement in leading newspapers and city and regional magazines across the country. Super Lawyers Magazine, featuring articles about attorneys named to the Super Lawyers list, is distributed to all attorneys in the state or region, the lead corporate counsel of Russell 3000 companies and the ABA-approved law school libraries.

James A. Chatz

Of Counsel Attorney James A. Chatz was quoted in a December 2 article in The Bond Buyer titled “Harrisburg’s Appointed Receiver Appears Before Judge.” The article discusses David Unkovic, who appeared before a Commonwealth Court judge on Thursday as part of his confirmation process. His appointment by Pennsylvania Gov. Tom Corbett as the receiver for Harrisburg has come under fire because of his ties to major creditors in the city’s financial crisis. The city of Harrisburg recently filed a petition for bankruptcy, which was rejected by a federal judge.

To view the article in full, please click here.

Barry A. Chatz

Michael L. Gesas

Chicago Partners Barry A. Chatz and Michael L. Gesas will be teaching a real estate course titled “Bankruptcy and Insolvency Laws Affecting Real Estate” at Chicago’s John Marshall Law School. The class is scheduled for the Spring 2012 semester on Thursdays from 6:00 PM – 9:00 PM.

To view the class schedule in full, please click here.

Barry A. Chatz

Chicago Partner Barry A. Chatz was recently interviewed for his experiences related to the outage affecting Blackberry users worldwide last week for a Chicago Daily Law Bulletin article “Blackberry outage affects lawyers and law firms” published in its October 14 edition.

To read the article with Barry’s comments, please click here.

Barry A. Chatz

Arnstein & Lehr Chicago Partner and Bankruptcy & Creditors’ Rights Practice Group Chair Barry Chatz appears as a featured panelist in Financier Worldwide Magazine‘s “2011 U.S. Bankruptcy Roundtable Report.” The report is one of the the lead feature stories in its October issue and provides analysis by a select group of experts who discuss key trends and development in the US bankruptcy industry. Topics reviewed include the panelists take on the U.S. bankruptcy market over the past year; what the continued stock market volatility and downgrading of the U.S.’ long-term credit rating will have on corporate bankruptcy in the near term; the susceptibility of directors and officers to class actions following a bankruptcy event; and the impact in years ahead of the large volume of upcoming leveraged debt set to mature in 2012 and 2015, forcing struggling companies to restructure their balance sheets. Mr. Chatz also served as a panelist for the 2009 and 2010 U.S. Bankruptcy Roundtable Reports.

Financier Worldwide Magazine is a leading source of corporate finance intelligence. It targets senior corporate executives charged with financing and deal making strategies, senior members of in-house legal teams, corporate bankers and financiers, private equity and institutional investors and other legal and financial experts involved in M&A and corporate finance matters.

To view Financier Worldwide Magazine‘s “2011 U.S. Bankruptcy Roundtable Report” in full, please click here.

Barry A. Chatz

George P. Apostolides

An article entitled, “Midwest word from the street: times still are disconcerting” written by Chicago Partners Barry Chatz and George Apostolides was featured in Financier Worldwide’s Global Reference Guide: Americas Restructuring 2011. Financier Worldwide’s Global Reference Guides deliver valuable insight and extensive professional coverage of issues and development driving the international business community. Barry and George’s article addresses the continued concerns facing Midwestern businesses and corporations.

Financier Worldwide Magazine is a leading source of corporate finance intelligence. The magazine provides readers with valuable insight and analysis into the trends and developments affecting Mergers and Acquisitions, Private Equity and Venture Capital, Bankruptcy and Corporate Restructuring, Banking and Finance, and Capital Markets.

To read their article, which begins on page 8 of the ebook, please click here.

2011 Illinois Super Lawyers

The annual release of Illinois Super Lawyers included many Arnstein & Lehr attorneys. The list of attorneys honored for 2011 included 20 partners from Arnstein & Lehr’s Chicago office. They are: Bruce Balonick, Roy Bernstein, Barry Chatz, Thomas Conley, Mark Enright, Allan Goldberg, Joel Hurwitz, Norman Jeddeloh, Barry Katz, Arthur Klein, Samuel Levine, Robert E. McKenzie, Ronald Menaker, Mark Miller, Hal Morris, Edward Snyder,  Michael Turoff, David Waxman and Raymond Werner.

In addition, three Arnstein & Lehr attorneys were also recognized as Rising Stars. They are William Eveland, Laura Lau Marinelli, and Robert A. McKenzie.

Super Lawyers is a listing of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. It is published as a special supplement in leading newspapers and city and regional magazines across the country. Super Lawyers Magazine, featuring articles about attorneys named to the Super Lawyers list, is distributed to all attorneys in the state or region, the lead corporate counsel of Russell 3000 companies and the ABA-approved law school libraries. Rising Stars are recognized as the top up-and-coming attorneys in the state — those who are 40 years old or younger, or who have been practicing for 10 years or less.

Barry A. Chatz

Chicago Partner Barry Chatz will be a judicial panel member at the National Business Institute’s “Bankruptcy Judicial and Trustee Forum” on June 10. The four person judicial panel and moderator are key decision makers involved in bankruptcy cases. Attorneys and paralegals attending the half-day seminar will have the opportunity to gain insight on multiple bankruptcy issues and ask questions of the panel.

For more information or to register for the seminar, please click here.

Barry A. Chatz

Arnstein & Lehr Chicago Partner Barry Chatz will be a judicial panel member at the National Business Institute’s “Bankruptcy Judicial and Trustee Forum” on June 10. The four person judicial panel and moderator are key decision makers involved in bankruptcy cases. Attorneys and paralegals attending the half-day seminar will have the opportunity to gain insight on multiple bankruptcy issues and ask questions of the panel.

For more information or to register for the seminar, please click here.

Financier Worldwide Magazine

Barry A. Chatz

The January issue of Financier Worldwide features an article by Chicago Partner Barry Chatz entitled “Current market impacts from the street.” In it, Mr. Chatz outlines his thoughts on the ongoing impact of the consumer and business debt crises and the devastating effects that the continual decline in business, real estate, and individual tax revenue has had on local and national governments in funding pensions and providing basic services.

Financier Worldwide Magazine is a monthly magazine providing financial insight and analysis to a unique audience of dealmakers responsible for structuring, negotiating and executing sophisticated business transactions. It targets senior corporate executives charged with financing and deal making strategies, senior members of in-house legal teams, corporate bankers and financiers, private equity and institutional investors and other legal and financial experts involved in M&A and corporate finance matters.

To read Barry Chatz article, please click here.