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The Effects of Financial Distress & Bankruptcy in the Construction Industry

April 10, 2024 8:30 AM - 10:00 AM (CDT)

Description

With the continuation of high interest rates, more companies and projects in the construction industry are facing financial distress and in extreme cases, even bankruptcy. It is important for construction companies, whether a general contractor or trade contractor, to understand their rights and obligations in such situations. Bankruptcy by an owner, supplier, specialty contractor, or general contractor in particular has dramatic and not always intuitive effects on your rights when dealing with a bankrupt party.  

Please join us at member firm Much Shelist's offices to hear lawyers Dan Rosenberg and Rob Glantz advise on critical issues when dealing with financial distress and bankruptcy in the construction industry. 

Light refreshments will be served; space is limited so reserve your spot today!


Meet Our Presenters:

Daniel G. Rosenberg, Principal Construction, design, and real estate clients rely on Dan’s decades of experience and valuable in-house perspective when they facing challenges and opportunities. He offers a 360-degree view of the construction and real estate business, from financings and transactions, to federal and state compliance matters, to labor negotiations, to insurance coverage, to litigation and dispute resolution. Prior to joining Much, Dan served as senior vice president and general counsel for McHugh Enterprises Inc. During his time at McHugh, Dan handled billions of dollars in construction, design, and development contracts for projects around the country, including the 101-story St. Regis Tower, the construction of portions of the Jane Byrne Interchange, and the Hiltons at McCormick Place Hotels, the only privately owned hotel connected to Chicago’s McCormick Place convention center.

In his current practice, Dan counsels all types of construction, design, and real estate industry participants, including developers, general contractors, major trade contractors, architects, engineers, sureties, and suppliers, and has developed a niche assisting companies buying or selling construction and design companies.  Dan earned his Bachelor's in finance from Miami University and his law degree from Loyola University.

Robert W. Glantz, Principal - Rob has more than three decades of experience counseling financial institutions and debtors in all areas of creditors’ rights, bankruptcy, and financing matters. He brings a wealth of experience to clients in need of representation in bankruptcy proceedings, commercial foreclosures, bankruptcy litigation, out-of-court workouts, and the acquisition and sale of assets. His clients include trustees, secured creditors and committees, receivers, and purchasers and sellers of troubled companies.  As a certified public accountant, Rob has firsthand experience with the challenges and opportunities brought on by any bankruptcy matter. He advises clients with a comprehensive understanding of the industry in mind. Rob earned both his Bachelor's in accounting and law degree from the University of Illinois and is a frequent lecturer for the National Business Institute and the Illinois Institute for Continuing Legal Education.

Location

Much Shelist, P.C.

Specific building/parking instructions will be included in confirmation email.

Pricing

Complimentary!

Contact Information

Chicagoland Associated General Contractors
Name: Stacey Kelly
Phone: (773) 444-0465
Email: skelly@chicagolandagc.org
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