CHICAGO – Katten Muchin Rosenman LLP is pleased to announce that Neal L. Wolf has joined the Firm as a Chicago-based partner in its Bankruptcy and Creditors’ Rights Practice. Prior to joining Katten, Mr. Wolf was a partner in the Chicago office of Dewey & LeBoeuf LLP.

Mr. Wolf focuses his practice in the areas of bankruptcy, business reorganizations, workouts, and commercial litigation. His diverse insolvency and bankruptcy practice has involved the representation of secured and unsecured creditors, creditors' committees, debtors, trustees, lessors, and purchasers of stock or assets of insolvent entities.

Mr. Wolf’s commercial litigation experience has included the successful trial and arbitration of cases involving the Uniform Commercial Code, lender liability, fraudulent conveyance, partnership, securities, business tort, and contract issues. These trials have resulted in a number of reported decisions from the United States District Court and United States Court of Appeals.

In recent years, Mr. Wolf has represented a large, national insurance company in multiple highly disputed rate regulation cases. Working closely with expert actuaries and economists, he has tried two of these cases, in the states of Alabama and California.

Mr. Wolf’s clients have included secured creditors, Principal Life, CIGNA, Citicorp North America, Citibank, Bank of America, LaSalle Bank, Fleet Capital Corporation, Bank One, and GE Capital; and committees of unsecured creditors in the Stone & Webster Chapter 11 case, the UNR Industries Inc. Chapter 11 case, and the Mego Financial Chapter 11 case. In addition, he served as counsel to more than 2,000 “Dalkon Shield” victims in the A. H. Robins Chapter 11 case.

Mr. Wolf has also represented a number of debtors in significant Chapter 11 cases and out-of-court restructurings. These debtors have included HA-LO Industries Inc., Midwest Processing Company, and VMS Realty. He also has substantial experience in the area of railroad reorganizations, having represented the debtor in the Chicago, Central & Pacific case, and having successfully represented Citicorp and Heller Financial, the secured lenders, in priming lien litigation in the Chicago, Missouri & Western Railway Chapter 11 case.

Mr. Wolf is a frequent guest lecturer on bankruptcy law topics at Northwestern University’s Kellogg School of Management and the American Law Institute of the ABA. He earned his A.B. from Princeton University and his J.D. from the University of Chicago Law School.

Katten possesses a broad range of experience in the fields of creditors’ rights, insolvency, workouts and corporate reorganization and, with offices in many of the nation’s leading economic centers, it is well positioned to provide highly skilled services when and where needed. Katten’s lawyers have been at the center of efforts to resolve some of the country’s most complex and highly visible bankruptcy, liquidation and reorganization proceedings. The Firm represents clients in a wide variety of turnaround and failed loan situations, including pre-bankruptcy consensual debt restructurings, workouts of troubled loans, bankruptcy reorganizations, liquidations, receiverships and assignments for the benefit of creditors. It also represents corporate debtors and creditors in bankruptcy courts throughout the country. The practice also includes counseling clients in structuring transactions with regard to bankruptcy considerations, providing advice regarding alternatives and strategies when dealing with financially troubled parties, representing lenders in providing debtor-in-possession and plan financing and representing asset purchasers and investors in the acquisition of troubled companies or their assets.