Financial institutions rely on Aronberg Goldgehn for representation in restructurings of distressed commercial loans and collateral repossessions.

Our attorneys have extensive experience representing lenders in all aspects of the workout of troubled complex commercial real estate loans. The real estate workout practice encompasses all property types, including office, retail, multi-family and industrial. The practice also encompasses the collection and restructuring of commercial and industrial loans to borrowers in a wide array of industries, including manufacturing, distribution and supply.

Aronberg Goldgehn's Loan Workouts team has extensive experience in:

  • Workout Negotiations and Loan Restructurings
  • Deeds in Lieu of Foreclosure
  • Receiverships
  • Guarantor Litigation
  • Replevin
  • Assignments for the Benefit of Creditors
  • UCC Sales
  • Lender Liability Litigation
  • REO Dispositions
  • Loan Sales and Acquisitions

"Represented lender in $40,000,000 multistate litigation..."

Represented lender in $40,000,000 multistate litigation against failed general contractor involving commercial foreclosure, bankruptcy and repossession cases.


"Represented primary secured lender in..."

Represented primary secured lender in multi-million dollar receivership and foreclosure actions involving failed lumber company with multiple facilities, inventory, equipment and receivables.


"Represented lender in a commercial foreclosure..."

Represented lender in a commercial foreclosure and restructuring against borrower who owned and operated a failing hotel complex.


"Represented lender in commercial collection..."

Represented lender in commercial collection and Uniform Commercial Code sale of a failed manufacturing company.


"Represented lender in complex Chapter 11..."

Represented lender in complex Chapter 11 bankruptcy proceeding involving extensive restructuring of a natural gas company and holder of numerous real properties securing the indebtedness.


"Represented lender in commercial collection..."

Represented lender in commercial collection litigation involving the sale of life insurance policies that secured the indebtedness.


"Represented lender in federal court litigation..."

Represented lender in federal court litigation instituted by its customer based on various theories, including consumer fraud and negligence.


"Represented lender in complex commercial collection..."

Represented lender in complex commercial collection and foreclosure litigation involving a borrower who is a large underground sewer contractor.


"Represented lender in large and complex..."

Represented lender in large and complex involuntary bankruptcy pending in the Central District of Illinois involving a manufacturing company that allegedly perpetuated a massive fraud on all of its secured creditors.


"Represented lender in commercial foreclosure..."

Represented lender in commercial foreclosure and mechanics lien litigation, including receivership, involving two high-rise residential condominium buildings.


"Represented lender in foreclosure action..."

Represented lender in foreclosure action, including receivership, of a public golf course.

35 Aronberg Goldgehn Attorneys Honored as Leading and Emerging Lawyers in 2021 Lists
02.09.21

Leading Lawyers Network recognizes 35 Aronberg Goldgehn attorneys in the 2021 Leading and Emerging Lawyer lists.... Read More


Eighteen Aronberg Goldgehn Attorneys Named 2021 Illinois Super Lawyers and Rising Stars
01.29.21

Aronberg Goldgehn congratulates its 18 attorneys that have been selected to the 2021 Illinois Super Lawyers and Rising Stars lists.... Read More


John C. Sciaccotta and Alan S. Wernick Serving as Mediators for the Chicago Bar Association's Newly Launched Mediation Service
09.16.20

John is one of the co-founders of the CBA's Mediation Service.... Read More


Twenty-Nine Aronberg Goldgehn Attorneys Named Illinois Leading Lawyers
07.08.20

Anderson, Bannon, Brodsky, Christman, De Preter, Frank, Garmisa, Gilman, Hanekamp, Hayes, Holisky, J. Johnson, Lazzara, Lichtenstein, Melamed, Morris, T. Nelson, C. Niro, B. Niro, Robertson, Schlifke, Scholl, Sciaccotta, Sodikoff, Stark, Warren, Wernick, Zaban and Zaslavsky named Leading Lawyers.... Read More


Eight Aronberg Goldgehn Members Named Super Lawyers By Illinois Super Lawyers
01.29.20

Chris Bannon, Jay Frank, Tom Hanekamp, Julie A. Johnson, Bill Niro John C. Sciaccotta, Blooma Stark and Michael A. Zaslavsky have been selected as Illinois Super Lawyers for 2020.... Read More


John C. Sciaccotta Moderating "Civility in the Profession . . . How to Play Nice," a Chicago Bar Association CLE Program
11.22.19

On Dec. 4, 2019, John will moderate the civility panel at the Chicago Bar Association's annual all-day "Basic Skills Course for Newly Admitted Attorneys."... Read More


John C. Sciaccotta Moderating a Panel at the Chicago Bar Association's 2019 Arbitration Institute
10.18.19

On Oct. 29, 2019, John will moderate "Part Two: The Process of Arbitration: Making an Effective Presentation of the Case."... Read More


Aronberg Goldgehn's Women's Initiative Honors WINGS CEO Rebecca Darr With Its 2019 Inspiration Award
08.15.19

Rebecca accepted the award at the Fourth Annual Inspiration Award Reception hosted by the Aronberg Goldgehn Women's Initiative.... Read More


Paul Gilman, Jerry Holisky, Elizabeth Lazzara and Sheri Zaban Named in the Best Lawyers in America 2020 Edition
08.15.19

Lawyers named to The Best Lawyers in America© publication were recognized by their peers in the legal industry for their professional excellence in 146 practice areas.... Read More


John Sciaccotta's Speaking Engagement Reported On in the Chicago Daily Law Bulletin
05.20.19

The article, "CBA Panel on Legal Bias Illuminates Inequities," appeared in the May 20 edition.... Read More


John Sciaccotta Elected a Trustee of the Barrington School District 220 Educational Foundation Board
10.26.18

As a Trustee, John will support the Foundation's mission to inspire students' passion for learning and career exploration, and provide enriching opportunities through private funding.... Read More


John Sciaccotta Elected a Member of The DePaul University College of Law Dean's Council
08.29.18

Aronberg Goldgehn Member John C. Sciaccotta will serve on the advisory board for a three-year term.... Read More


John Sciaccotta To Be Honored With Fenwick High School's 2018 Accipiter Award
04.30.18

On May 18, 2018, Aronberg Goldgehn member John Sciaccotta will receive the prestigious Accipiter Award from his alma mater, Fenwick High School.... Read More


Aronberg Goldgehn Hosting the Legal Netlink Alliance's Spring 2018 Meeting
04.30.18

On May 17, 2018, the Legal Netlink Alliance will kick off its 2018 Spring meeting with a cocktail reception in the offices of Aronberg Goldgehn.... Read More


Twenty Aronberg Goldgehn Attorneys Named Leading Lawyers By Illinois Leading Lawyers
03.30.18

Twenty-one Aronberg Goldgehn attorneys have been named Leading Lawyers for 2018 by Illinois Leading Lawyers.... Read More


Aronberg Goldgehn's Women's Initiative Honors Businesswoman Rowena Zimmers With Its 2017 Inspiration Award
10.17.17

Rowena Zimmers accepted Aronberg Goldgehn's 2017 Inspiration Award at its 2nd Annual Inspiration Award Luncheon.... Read More


Eighteen Aronberg Goldgehn Attorneys Named Leading Lawyers By Illinois Leading Lawyers
04.27.17

Eighteen of the firm's members have been named Leading Lawyers by Illinois Leading Lawyers, a designation awarded to less than 5 percent of Illinois attorneys.... Read More


Four Aronberg Goldgehn Attorneys Named Emerging Lawyers By Illinois Leading Lawyers
04.26.17

Amy Gibson, Julie Johnson, Tim Nelson and Amber LaFevers have been named Emerging Lawyers by Illinois Leading Lawyers, a designation awarded to less than 2 percent of Illinois attorneys.... Read More


Chris Bannon, Jay Frank, Tom Hanekamp, Blooma Stark and Michael Zaslavsky Named "Super Lawyers" By Illinois Super Lawyers
01.23.17

Aronberg Goldgehn members Chris Bannon, Jay Frank, Tom Hanekamp, Blooma Stark and Michael Zaslavsky have been selected as Illinois Super Lawyers for 2017.... Read More


Aronberg Goldgehn Sponsoring the 18th Annual Illinois Bar Foundation Gala
09.07.16

Aronberg Goldgehn is honored to be the Northern Illinois University Fellowship Sponsor for the Illinois Bar Foundation's 2016 Gala, where Illinois Attorney General Lisa Madigan will be presented with the 2016 Distinguished Award for Excellence.... Read More


Sheri Zaban Selected for Inclusion in The Best Lawyers in America List 2017
08.15.16

For the fourth consecutive year, Sharon Zaban has been selected by her peers for inclusion in The Best Lawyers in America© in the field of Real Estate Law.... Read More


John Sciaccotta Elected to Membership in the Federation of Defense & Corporate Counsel
08.08.16

Litigator John C. Sciaccotta has been elected a Member of the prestigious Federation of Defense & Corporate Counsel.... Read More


Aronberg Goldgehn's Women's Initiative Hosts Its Inaugural Inspiration Award Luncheon
08.01.16

Ulta Beauty General Counsel Jodi Caro Honored With the 2016 Inspiration Award... Read More


Sheri Zaban Selected for Inclusion in The Best Lawyers in America 2016
08.17.15

Sharon Zaban was recently selected by her peers for inclusion in The Best Lawyers in America© in the field of Real Estate Law.... Read More


Aronberg Goldgehn Ranked No. 1 for Having the Highest Percentage of Women Associates Among Illinois' Largest Firms
07.14.15

Chicago Lawyer magazine' has published the results of its annual diversity survey of the largest law firms in Illinois, and Aronberg Goldgehn has been ranked No. 1 in one analysis of the statistics.... Read More


John Sciaccotta Joins Aronberg Goldgehn
05.04.15

John Sciaccotta has joined Aronberg Goldberg as a member. He focuses his practice on litigation, arbitration and business counseling matters with a special emphasis on complex civil trial and appellate cases brought in federal and state courts throughout the country.... Read More


Sheri Zaban Featured in Leading Lawyers Magazine
01.22.15

Aronberg Goldgehn member Sharon S. Zaban has been featured in Leading Lawyers Magazine's Real Estate Edition for 2015 in the article titled, "A Practice Built Upon a Commitment to Real Estate Clients."... Read More


Sheri Zaban Selected for Inclusion on 2015 Best Lawyers List
08.18.14

Sharon Zaban has been selected by her peers for inclusion in The Best Lawyers in America© in the field of Real Estate Law.... Read More


Sharon Zaban Joins Aronberg Goldgehn
05.28.13

Sheri has joined as a member of the firm's real estate finance and lending groups and will focus on all aspects of lending, with an emphasis on real estate financing.... Read More


Seven Aronberg Goldgehn Attorneys Named 2013 Illinois Super Lawyers' and Rising Stars' in Illinois
01.04.13

Aronberg Goldgehn is pleased to announce that four attorneys were selected as Illinois ‘Super Lawyers' for 2013 and four attorneys were designated as ‘Rising Stars' in Illinois by Super Lawyers magazine.... Read More


Timothy Nelson Joins Aronberg Goldgehn As An Associate
11.29.10

Timothy Nelson has joined Aronberg Goldgehn as an associate in the business law department.... Read More