Jonathan W. Young is national Co-Chair of the Firm’s Bankruptcy, Restructuring and Insolvency practice group. He regularly advises investors, lenders, directors, equity sponsors and portfolio companies in connection with their rights and obligations relative to financial distress, insolvency and bankruptcy situations.
He also advises trustees, receivers and other fiduciaries charged with reorganizing, restructuring or liquidating financially distressed entities. Jonathan also handles a wide range of complex commercial litigation matters—at both the trial and appellate level—with a particular focus on insolvency, bankruptcy and secured lending issues.
While he has handled engagements in a wide range of industries, he has particularly substantial experience in private equity, advertising and media, technology and telecommunications, life sciences, audit and accounting and insurance.
Jonathan’s current engagements include:
- Defending an international manufacturer and its affiliates against “control group” liability claims arising from restructuring transactions preceding an acquisition
- Advising a collateral trustee in connection with a series of indemnity, exculpation, reimbursement, and release issues arising from the Chapter 11 proceedings of its credit parties
- Representing a healthcare financer and term lender in the Chapter 11 proceedings of a group of assisted living facilities
- Advising a portfolio company in the financial services industry in restructuring its credit facilities, and evaluating strategic alternatives
- Representing a maritime term lender in connection with the Chapter 11 proceedings of its borrowers and guarantor
- Defending a group of media agencies in connection with preference and fraudulent transfer claims asserted against them by an Official Committee of Unsecured Creditors
- Advising multiple corporate clients in connection with day to day legal, financial and operational issues including risk management, cash management, treasury services, credit and collateral and supply chain considerations
Representative Experience :
- Represented ActiveCare Inc., and its wholly-owned subsidiary, 4G Biometrics, LLC, in the sale of substantially all of its assets under Sections 105, 363 and 365 of the United States Bankruptcy Code, to Telcare Medical Supply, LLC, a subsidiary of Biotelemetry, Inc. (NASDAQ: BEAT), a leading developer of mobile and wireless medical monitoring devices
- Prosecuted an adversary proceeding on behalf of a Chapter 11 Debtor operating a proton therapy center. We sought declaratory relief as to a number of pending disputes with the Debtor’s healthcare service provider. The adversary proceeding was resolved by settlement.In re California Proton Therapy Center, LLC (Bankr. D. Del.)
- Represented a substantial trading partner, creditor and Unsecured Creditors Committee member in the Chapter 11 proceedings of an international telecommunications company. In re NII Holdings, Inc. (Bankr. S.D.N.Y.)
- Represented a supplier and creditor in the Chapter 11 proceedings of a consumer electronics company, prosecuting reclamation demand and administrative claims, and defending against preference claims. In re RadioShack Corp. (Bankr. D. Del.)
- Represented and defended an equity holder of Chapter 11 Debtor Greenwich Sentry, L.P. in connection with a lawsuit to recover redemption payments made pursuant to the limited partnership agreement. Claims asserted include unjust enrichment, mistaken payment and constructive trust. Greenwich Sentry, L.P. v. Greer (D. Del.)
- Represented one of the largest trade creditors in the Chapter 11 proceeding of General Motors Corporation. In re Motors Liquidation Corporation. (Bankr. S.D.N.Y.)
Professional Affiliations :
- Chicago Committee Advancing Minority Attorneys, Board Member, 2007-2013
- Member, American Bankruptcy Institute
Education :
- J.D., Northwestern University School of Law, 1990
- B.A., cum laude, Yale University, 1986
Admissions :
- Illinois
- Massachusetts
Admitted To Practice :
- U.S. Supreme Court
- U.S. Court of Appeals for the First Circuit
- U.S. Court of Appeals for the Third Circuit
- U.S. Court of Appeals for the Sixth Circuit
- U.S. Court of Appeals for the Seventh Circuit
- U.S. District Court for the Northern District of Illinois, Trial Bar
- U.S. District Court for the Central District of Illinois
- U.S. District Court for the Northern District of Indiana
- U.S. District Court for the District of Massachusetts
- U.S. District Court for the Western District of Wisconsin
Cost
Rate : $$$