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William J. Barrett's Profile Image

William J. Barrett

Recognized by Best Lawyers® since 2015.
200 West Madison Street, Suite 3900 Chicago, Illinois 60606
(312) 984-3100
 | 
Firm: Barack Ferrazzano Kirschbaum & Nagelberg LLP
 |  Website
 
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Overview
Firm

Barack Ferrazzano Kirschbaum & Nagelberg LLP


Years In Practice


Phone Number (312) 984-3100

Bill is the senior member of the Firm's Bankruptcy & Creditor Rights Group. In recent years Bill has focused his practice on representing secured creditors, landlords, franchisors, suppliers, avoidance action defendants, and asset purchasers in Chapter 11 cases and other insolvency proceedings. Bill has litigated a broad variety of cases in the bankruptcy courts, including stay relief, adequate protection, cash collateral and DIP financing motions brought by or involving secured creditors, and confirmation issues raised by secured and unsecured creditors. In recent years, Bill’s secured creditor practice has included a number of cases involving real estate properties such as multi-family housing, shopping centers, leased industrial facilities, and farmland. He also consults with borrowers and creditors in strategies for resolving debtor/creditor problems.

Bill also has extensive experience in insolvency situations resolved under state law, including Article 9 sales, receiverships, and assignments for the benefit of creditors. These state-law procedures can often provide a secured creditor, particularly one whose collateral is concentrated in a single state, with a speedier and less expensive path to realizing on its collateral compared to a bankruptcy proceeding. Bill is one of very few lawyers who has developed a subspecialty in involuntary bankruptcy cases, typically on behalf of trade creditors. These cases involve not just the successful prosecution of the involuntary petition, but thereafter (often by being appointed as litigation counsel by a trustee) using the powers of the Bankruptcy Code to recover assets fraudulently transferred by the debtor and then selling those assets under Section 363 of the Bankruptcy Code.

What legal services does this lawyer offer?
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
Education
University of Southern California, J.D.
Graduated 1985
Michigan State University, BA
Graduated 1980
Contact Details and Office Locations
Office: (312) 984-3100
200 West Madison Street, Suite 3900
Chicago, Illinois 60606
Chicago, Illinois 60606
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