About Allison E. Yager

Allison Yager is a partner in the Insolvency and Restructuring practice. She primarily represents secured lenders, administrative agents and financial institutions, as well as unsecured creditors and corporate debtors. Prior to joining Katten, Allison gained unique insight into the inner workings of the bankruptcy courts as a law clerk for a bankruptcy judge. This experience has proven especially valuable throughout all stages of the bankruptcy cases and other litigation in which Allison has been involved.

Guiding creditors and debtors through the challenges of insolvency

Allison represents both creditors and debtors in complex bankruptcy cases and related actions all over the US and has experience in negotiating and preparing DIP financing and cash collateral arrangements, 363 sales, Chapter 11 plans and numerous other aspects of the bankruptcy process. She also assists clients in out-of-court workouts and restructurings, including loan amendments and workouts, forbearance arrangements, Article 9 sales, strict foreclosures, receiverships and assignments for the benefit of creditors. In addition, Allison has experience representing secured lenders on the front end of financing deals, including structuring and drafting intercreditor documentation.

Allison currently sits on the board of the Chicago chapter of the International Women's Insolvency & Restructuring Confederation.

While in law school, Allison served as a primary editor for the Washington University Global Studies Law Review and worked as an extern in the Office of the General Counsel for the St. Louis Cardinals. She also received a CALI Award in Trusts and Estates.

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Practice Focus

  • Insolvency and restructuring