Peter Knight advises clients in a wide variety of out-of-court restructurings, bankruptcy proceedings, and other special situations.
Mr. Knight represents distressed investors as well as individual creditors, agents, and ad hoc lender groups at all levels of the capital structure, with a focus on senior secured lenders.
In addition to representing clients in bankruptcy proceedings, Mr. Knight has particular experience developing and implementing out-of-court restructuring strategies that help lender clients minimize cost, delay, and risk. Such strategies include:
- Strict foreclosures
- Receivership proceedings
- Assignments for the benefit of creditors
- Uniform Commercial Code (UCC) sales
- Exchange offers
- Rights offerings
- Priming credit facilities
- Comprehensive restructuring amendments with only “required lender” support
He brings more than two decades of experience and judgment to his engagements in a broad range of industries.
Mr. Knight has been recognized by Turnarounds & Workouts as an Outstanding Young Restructuring Lawyer, is regularly recommended for his work by The Legal 500 US (Restructuring (including Bankruptcy): Corporate)), and is a recognized practitioner by Chambers USA.
Mr. Knight is the former Chair of Latham's Chicago Finance Department and former Global Co-Chair of the firm's Restructuring & Special Situations Practice.
Mr. Knight’s clients include a wide range of financial institutions, investment funds, and direct lenders, including:
- Antares Capital
- Ares Capital Management
- Bain Capital Credit
- BNP Paribas
- Capital One
- Catalyst Capital
- Corbin Capital Partners
- D.E. Shaw and its renewable energy investment fund, DESRI
- Franklin Templeton
- Freeport Financial
- Goldman Sachs
- Golub Capital
- H.I.G./Whitehorse Capital
- JPMorgan Chase
- Lone Star Funds
- MidCap Financial Services
- Monroe Capital
- NXT Capital
- Royal Bank of Canada
- Wayzata Investment Partners
In addition to his active restructuring practice, Mr. Knight dedicates significant time to various pro bono initiatives, including:
- Chicago Lawyers’ Committee for Civil Rights Settlement Assistance Program (representing indigent plaintiffs in settlement conferences)
- LEARN Charter School District (Latham serves as outside counsel)
- Cook County Domestic Violence Legal Clinic (representing victims)
- Texas DNA Mixture Review Project (reviewing case files for innocent victims of flawed DNA testing)
- National Veterans Legal Services Program (assisting military veterans obtain disability benefits)