Jonathan advises clients in financial restructurings and other distressed matters, particularly private credit funds and other secured lenders. He also has experience representing companies, boards of directors, equity sponsors, and purchasers in distressed matters.

Among other things, Jonathan helps clients structure and implement:

  • Loan amendments and workouts
  • Distressed financing, including liability management exercises and DIP financing
  • Out-of-court restructurings, including debt-to-equity conversions
  • Chapter 11 bankruptcies, including prepackaged and traditional reorganizations and Section 363 asset sales
  • Cross-border restructurings, including chapter 15 bankruptcies 
  • Bankruptcy- and insolvency-related litigation and appeals

He is a former member of Latham’s Recruiting Committee and previously participated in the National Conference of Bankruptcy Judges’ Next Generation program for up-and-coming bankruptcy practitioners. During law school, he externed at the US Bankruptcy Court for the Northern District of Illinois (Judge Timothy A. Barnes).

Jonathan’s representative experience includes advising:

Lender Representations

The following lenders in a broad range of distressed situations and solutions across various industries:

  • Antares
  • Ares
  • Audax
  • Blackstone
  • Carlyle
  • Goldman Sachs
  • HPS 
  • JPMorgan
  • KKR
  • Oxford Finance

Company Representations

Technology

  • CareerBuilder + Monster, a global online talent marketplace, in its chapter 11 bankruptcy (three Section 363 sales)
  • Afiniti, Ltd, a company specializing in artificial intelligence for call centers, in its Bermuda restructuring and Chapter 15 bankruptcy (asset transfer to lenders)

Energy

  • Pine Gate Renewables, a solar power developer and operator, in its chapter 11 bankruptcy (five Section 363 sales)
  • Nine Point Energy Holdings, an oil and gas company, in its chapter 11 bankruptcy (Section 363 sale)
  • Sundance Energy, an oil and gas company, in its chapter 11 bankruptcy (prepackaged reorganization)
  • Sable Permian Resources, an oil and gas company, in its chapter 11 bankruptcy (reorganization)

Consumer Products

  • Beyond Meat, a plant-based meat company, in an out-of-court distressed exchange offer
  • Monitronics, a home security company (d/b/a Brink’s Home), in its chapter 11 bankruptcy (prepackaged reorganization)
  • GNC Holdings, a global health and wellness retailer, in its chapter 11 bankruptcy (Section 363 sale)
  • FTD Companies, a global floral and gifting company, in its chapter 11 bankruptcy (three Section 363 sales)*

Biopharma

  • Sorrento Therapeutics, a clinical stage and commercial biopharma company, in its chapter 11 bankruptcy (three Section 363 sales)
  • Mallinckrodt, a global specialty biopharma company selling generic and branded products, in its chapter 11 bankruptcy (reorganization; channeling injunction)

Buyer Representations

  • Dollar Tree, in purchasing nearly 100 leases out of the Party City, JOANN, and Rite Aid bankruptcy cases
  • Various purchasers in bids for assets in bankruptcy

Bankruptcy Litigation

  • Chapter 11 debtors, in contested matters related to, among other things, motions to dismiss, the automatic stay, venue, releases, and plan confirmation
  • A global private equity firm, as equity sponsor, in the settlement of fiduciary duty litigation threatened by an unsecured creditors’ committee
  • An advisory firm and former chief restructuring officer, in litigation commenced by a Chapter 7 trustee, alleging breach of fiduciary duties, fraud, negligence, and avoidance actions
  • Former directors and officers of a debtor, in litigation commenced after the debtor’s bankruptcy by a former shareholder, alleging breach of fiduciary duties, fraud, and conspiracy
  • A company in litigation against the IRS regarding a tax deduction following a fraudulent conveyance settlement

Bankruptcy Appeals

  • Mallinckrodt, in a matter of first impression at the Third Circuit, regarding the discharge of a contingent royalty claim (99 F.4th 617, 3d Cir.) (successful)
  • Mallinckrodt regarding confirmation of their chapter 11 plan (D. Del.) (successful)
  • Sorrento Therapeutics regarding a discovery ruling (S.D. Tex.) (successful)
  • Bestwall against certification of a direct appeal regarding a motion to dismiss the chapter 11 case (4th Cir.) (successful)*

*Matter handled prior to joining Latham

Bar Qualification

  • Illinois

Education

  • JD, Northwestern University School of Law, 2018
    cum laude
  • BBA in Finance, University of Notre Dame, 2015
    cum laude