Gus A. Paloian

Mr. Paloian is a partner with a practice emphasis in creditors’ rights, bankruptcy, and financial litigation. Prior to joining the firm in 1985, Mr. Paloian clerked for the Honorable Frederick J. Hertz, United States Bankruptcy Judge for the Northern District of Illinois, Eastern Division.

In bankruptcy matters, Mr. Paloian often represents national banks and finance companies enforcing their remedies and defending their rights. He represents financial institutions in cases involving debtors in various segments of the manufacturing and service industries and has extensive experience representing financial institutions in real estate bankruptcies, including health club/sporting facilities, office buildings, retail, manufacturing, and warehousing facilities. Mr. Paloian also represents companies in various industries that have experienced financial problems and seek to restructure their financial problems under the Bankruptcy Code. Mr. Paloian was the lead bankruptcy counsel for the Chicago South Shore and South Bend Railroad in its bankruptcy proceedings. He also has extensive experience representing trustees in complex bankruptcy cases. Mr. Paloian also serves as a bankruptcy trustee and is a member of the Panel of Trustees for the Northern District of Illinois, Eastern Division.

Good to know

Areas of Practice 1) Bankruptcy, 2) Workouts & Business Reorganization, 3) Bankruptcy Litigation, 4) Distressed Transactions, 5) Non-Bankruptcy Remedies, 6) Commercial Litigation and 7) Real Estate
Law School DePaul University College of Law (J.D.,1984)
Education Northwestern University (B.A.,1981)
Bar Member / Association Illinois State Bar Association
Most recent firm Seyfarth Shaw LLP
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