Loan Workouts and Foreclosure
Loan Workouts and Foreclosure
Financial institutions rely on Aronberg Goldgehn for representation in foreclosures, bankruptcies, collateral repossessions and restructurings of distressed commercial and residential loans.
Our attorneys have extensive experience representing lenders in all aspects of the workout of troubled and failed complex commercial and residential real estate loans. The real estate foreclosure practice encompasses all property types, including office, retail, multi-family, industrial and residential homes. 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 and Foreclosure team has extensive experience in:
- Workout Negotiations and Loan Restructurings
- Deeds in Lieu of Foreclosure
- Mortgage Foreclosures
- Chapter 7, 11 and 13 Bankruptcies
- Guarantor Litigation
- 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.
John is one of the co-founders of the CBA's Mediation Service.... Read More
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
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
On Feb. 19, 2020, Sandra and Vanessa will provide title information in order to help real estate investors make the most of their investment goals.... Read More
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
On Oct. 29, 2019, John will moderate "Part Two: The Process of Arbitration: Making an Effective Presentation of the Case."... Read More
Rebecca accepted the award at the Fourth Annual Inspiration Award Reception hosted by the Aronberg Goldgehn Women's Initiative.... Read More
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
The article, "CBA Panel on Legal Bias Illuminates Inequities," appeared in the May 20 edition.... Read More
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
Aronberg Goldgehn Member John C. Sciaccotta will serve on the advisory board for a three-year term.... Read More
On May 18, 2018, Aronberg Goldgehn member John Sciaccotta will receive the prestigious Accipiter Award from his alma mater, Fenwick High School.... Read More
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-one Aronberg Goldgehn attorneys have been named Leading Lawyers for 2018 by Illinois Leading Lawyers.... Read More
Rowena Zimmers accepted Aronberg Goldgehn's 2017 Inspiration Award at its 2nd Annual Inspiration Award Luncheon.... Read More
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
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
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 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
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
Litigator John C. Sciaccotta has been elected a Member of the prestigious Federation of Defense & Corporate Counsel.... Read More
Ulta Beauty General Counsel Jodi Caro Honored With the 2016 Inspiration Award... Read More
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
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 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
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
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
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
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 has joined Aronberg Goldgehn as an associate in the business law department.... Read More