Overview
Barack Ferrazzano Bankruptcy & Creditor Rights Group chair Nathan Q. Rugg and associate Alexander F. Berk co-authored a chapter in the IICLE Business Bankruptcy Practice 2026 Edition titled, Representing the Secured Creditor and Adequate Protection. The chapter covers the numerous rights and remedies available to a secured creditor as part of the publication’s comprehensive guidance to business bankruptcies. The chapter discusses the many ways in which a secured creditor can exercise its rights to maximize influence over different constituencies and their competing interests.
Nathan has extensive experience in all aspects of business reorganizations, workouts, and bankruptcies, inside and outside of court restructurings. This includes the representation of creditors, suppliers, equipment lessors, lenders, landlords, OEMs, and asset purchasers in small to large, complex Chapter 11 cases. Nate also counsels parties in business restructuring and liquidation situations outside of bankruptcy, such as assignment for the benefit of creditors, receivership, workout, and forbearance situations. He represents suppliers to bankrupt and other distressed entities, including prosecuting 503(b)(9) claims and advising on post-petition credit and critical vendor considerations. Nate regularly evaluates and defends preference claims, fraudulent transfer complaints, and other avoidance actions. He also works with transactional lawyers on distressed deal structures and provides legal opinions that support secured financings.
Alex has experience in many key aspects of business reorganizations, workouts, and bankruptcies. He represents secured and unsecured lenders, vendors, landlords, other creditors, and debtors in litigation and transactional matters in bankruptcy cases. For these myriad representations, Alex has negotiated and drafted Chapter 11 plans of reorganization and liquidation, restructuring support agreements, plan support agreements, bid procedures, sale orders, debtor-in-possession financing documents, and settlement agreements.
To learn more about Barack Ferrazzano’s Bankruptcy & Creditor Rights Group, click here.
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