Job Description
Job Description
Restructuring, Insolvency & Bankruptcy Associate or Counsel
Chicago, IL
Responsibilities and practice :
Our global client is seeking an Associate or Counsel with a minimum of 2 years of commercial foreclosure, real estate litigation, and creditors' rights experience to join their Restructuring, Insolvency and Bankruptcy practice. The candidate hired for this position will focus primarily on commercial foreclosure and commercial real estate litigation matters for government sponsored enterprises, special servicers, banks, and CLOs. Expected responsibilities will include, but will not be limited to :
- Advising clients with commercial foreclosures, commercial real estate litigation, and creditor rights matters for all types of commercial real estate (hospitality, multifamily, retail, office, industrial, etc.)
- Handling all aspects of the commercial foreclosure process, including reviewing title, drafting notices of default, pre-negotiation letters, foreclosure complaints, receivership motions as well as sale confirmation documentation, summary judgment motions and briefing
- Litigating any disputed foreclosure actions, including appearing in court and handling oral argument and discovery
- Handling commercial real estate receivership, lien priority, and fraudulent transfer litigation in both federal and state court
- Drafting forbearances and loan modifications
- Familiarity with and / or interest in commercial bankruptcy and single asset real estate cases is preferred
Pursuant to Illinois law, the salary range for this position is listed below and based on experience :
Associate : $235,000 to $345,000Counsel : $175,000 to $210,000Based on years of experience, our clients associates may have a title of Associate, Managing Associate, or Senior Managing Associate. They offer a competitive salary and benefits package including medical, dental, vision, 401k, short-term / long-term disability, life insurance, tuition reimbursement, paid time off, paid holidays and discretionary bonuses.
Position requirements :
Personal skills / attributes
Superb analytical skills and thinks creativelyStrong writing skillsOrganized and able to prioritize assignments effectively, including handling multiple matters in a timely and efficient matterExcellent interpersonal skills and able to communicate effectively with clients and colleaguesTechnical skills
At least 2 years of law firm experience requiredAt least 2 years of relevant commercial foreclosure experience requiredOther requirements
Should be licensed to practice law in the State of Illinois and be in good standingQualified Professional and their clients are EEOC compliant