Sean T. Scott represents institutional lenders, bank groups, hedge funds and other creditors in out-of-court workouts and in-court bankruptcy proceedings. In the course of his practice, Sean also advises corporate clients on distressed asset sales and acquisitions and on structuring considerations in complex debt transactions.
In peer ranking publications and other industry sources, Sean is frequently recognized as a standout in the restructuring field. In 2008, Sean was named by Institutional Investor News as one of its ten “Rising Stars of Bankruptcy/Restructuring Law and Workouts.” More recently, Sean was recognized by Law 360, a leading newswire for business lawyers, as one of its “10 bankruptcy lawyers under 40 to watch” among all practitioners nationwide.
According to Chambers USA 2012, clients say that Sean “is very focused on what the best path is to get the best results for us and our interests.” Chambers USA 2011 noted that sources consider him a “future star of the sector.”
Sean regularly represents individual institutional lenders and lender syndicates in all types of distressed situations. His recent or significant representations include Bank of Montreal, as administrative agent for the first lien lenders in the Chapter 11 cases of Dune Energy Inc. and CDX Gas LLC; JPMorgan Chase Bank, N.A., as administrative agent for the first lien RBL lenders in the Chapter 11 cases of Samson Resources Group and its affiliates; and The Bank of New York Mellon, as prepetition lender and clearing bank in the Chapter 11 case of Sentinel Management Group, Inc.
Sean also frequently counsels corporate clients seeking to acquire or sell assets as part of the bankruptcy process. His recent representations in this regard include Carrington Capital Management, LLC, and Carrington Mortgage Services, LLC, in their $180 million acquisition of the mortgage loan servicing business of New Century Mortgage Corporation; Tenneco Automotive Operating Company, in its multimillion-dollar acquisition from Delphi Automotive Systems LLC of the assets and inventory at Delphi’s Kettering, Ohio, facility; and Cargill, Inc., in its acquisition of certain assets from the bankruptcy estate of Agway, Inc. litigation arising from the Sentinel Management Group bankruptcy case.
- Washington University, BA, with College Honors
- University of Notre Dame Law School, JD, magna cum laude
- US Court of Appeals for the Seventh Circuit
- US District Court for the Northern District of Illinois
- Mentor, Chicago Youth Centers, 2004 to date
- Student Advisor, American Constitutional Law Program, Northside College Preparatory High School, 2003-2008
- Member, Associate Board, American Cancer Society, Illinois Division, 2006-2007
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