Loan Workouts

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


Attorneys
Fisher, Paul
Robertson, Ned S.
Schlifke, Bernard A.
Sciaccotta, John C.
Sodikoff, Robert N.
Zaban, Sharon S.


News
35 Aronberg Goldgehn Attorneys Honored as Leading and Emerging Lawyers in 2021 Lists (Feb. 09, 2021)
Eighteen Aronberg Goldgehn Attorneys Named 2021 Illinois Super Lawyers and Rising Stars (Jan. 29, 2021)
John C. Sciaccotta and Alan S. Wernick Serving as Mediators for the Chicago Bar Association's Newly Launched Mediation Service (Sep. 16, 2020)
Twenty-Nine Aronberg Goldgehn Attorneys Named Illinois Leading Lawyers (Jul. 08, 2020)
Eight Aronberg Goldgehn Members Named Super Lawyers By Illinois Super Lawyers (Jan. 29, 2020)
John C. Sciaccotta Moderating "Civility in the Profession . . . How to Play Nice," a Chicago Bar Association CLE Program (Nov. 22, 2019)
John C. Sciaccotta Moderating a Panel at the Chicago Bar Association's 2019 Arbitration Institute (Oct. 18, 2019)
Aronberg Goldgehn's Women's Initiative Honors WINGS CEO Rebecca Darr With Its 2019 Inspiration Award (Aug. 15, 2019)
Paul Gilman, Jerry Holisky, Elizabeth Lazzara and Sheri Zaban Named in the Best Lawyers in America 2020 Edition (Aug. 15, 2019)
John Sciaccotta's Speaking Engagement Reported On in the Chicago Daily Law Bulletin (May. 20, 2019)
John Sciaccotta Elected a Trustee of the Barrington School District 220 Educational Foundation Board (Oct. 26, 2018)
John Sciaccotta Elected a Member of The DePaul University College of Law Dean's Council (Aug. 29, 2018)
John Sciaccotta To Be Honored With Fenwick High School's 2018 Accipiter Award (Apr. 30, 2018)
Aronberg Goldgehn Hosting the Legal Netlink Alliance's Spring 2018 Meeting (Apr. 30, 2018)
Twenty Aronberg Goldgehn Attorneys Named Leading Lawyers By Illinois Leading Lawyers (Mar. 30, 2018)
Aronberg Goldgehn's Women's Initiative Honors Businesswoman Rowena Zimmers With Its 2017 Inspiration Award (Oct. 17, 2017)
Eighteen Aronberg Goldgehn Attorneys Named Leading Lawyers By Illinois Leading Lawyers (Apr. 27, 2017)
Four Aronberg Goldgehn Attorneys Named Emerging Lawyers By Illinois Leading Lawyers (Apr. 26, 2017)
Chris Bannon, Jay Frank, Tom Hanekamp, Blooma Stark and Michael Zaslavsky Named "Super Lawyers" By Illinois Super Lawyers (Jan. 23, 2017)
Aronberg Goldgehn Sponsoring the 18th Annual Illinois Bar Foundation Gala (Sep. 07, 2016)
Sheri Zaban Selected for Inclusion in The Best Lawyers in America List 2017 (Aug. 15, 2016)
John Sciaccotta Elected to Membership in the Federation of Defense & Corporate Counsel (Aug. 08, 2016)
Aronberg Goldgehn's Women's Initiative Hosts Its Inaugural Inspiration Award Luncheon (Aug. 01, 2016)
Sheri Zaban Selected for Inclusion in The Best Lawyers in America 2016 (Aug. 17, 2015)
Aronberg Goldgehn Ranked No. 1 for Having the Highest Percentage of Women Associates Among Illinois' Largest Firms (Jul. 14, 2015)
John Sciaccotta Joins Aronberg Goldgehn (May. 04, 2015)
Sheri Zaban Featured in Leading Lawyers Magazine (Jan. 22, 2015)
Sheri Zaban Selected for Inclusion on 2015 Best Lawyers List (Aug. 18, 2014)
Sharon Zaban Joins Aronberg Goldgehn (May. 28, 2013)
Seven Aronberg Goldgehn Attorneys Named 2013 Illinois ‘Super Lawyers' and ‘Rising Stars' in Illinois (Jan. 04, 2013)
Timothy Nelson Joins Aronberg Goldgehn As An Associate (Nov. 29, 2010)


Representative Cases
"Represented lender in foreclosure action..."
"Represented lender in commercial foreclosure..."
"Represented lender in large and complex..."
"Represented lender in complex commercial collection..."
"Represented lender in federal court litigation..."
"Represented lender in commercial collection..."
"Represented lender in complex Chapter 11..."
"Represented lender in commercial collection..."
"Represented lender in a commercial foreclosure..."
"Represented primary secured lender in..."
"Represented lender in $40,000,000 multistate litigation..."