William S. Schwartz
400 Skokie Blvd. Suite 700
Northbrook, Illinois 60062
- William's Insights
Bill is a partner in the Banking & Restructuring Group, and concentrates his practice on representing borrowers and lenders in financial services, litigation (including bankruptcy) and workouts.
Bill takes a complete approach to client service. He works to achieve the results his clients want, and in doing so, he also strives to make the experience of working together a positive one. Bill recognizes the time constraints facing his client, and works to reduce the distractions often caused by focusing on the "small picture." He believes that communicating with your attorney and boredom do not have to be synonymous. As a result, he takes a real interest in his clients and strives to consistently demonstrate that in his frequent interactions.
Bill's borrower and lending work focuses on middle-market financings through asset-based and real estate related loans. He represents mezzanine lenders, and lenders in loan participations as well as co-lender deals. Bill’s workout matters typically include deeds-in-lieu of foreclosure, forbearance agreements, negotiating guaranties or other settlement type agreements.
Bill's experience with loan structuring and many years of litigation provide a unique skill set for finance companies, real estate organizations, and family offices focused on private or "hard money" lending. He also represents receivers in foreclosure cases, buyers and sellers at UCC sales, buyers from assignees for the benefit of creditors, and buyers of notes and mortgages.
In the last two years, Bill co-authored the chapter "Federal Court Receiverships" in the book Strategic Alternatives for Distressed Businesses (Thompson-West 2010) and an article in Buyouts Magazine entitled "Buying Distressed Assets Outside of Bankruptcy" (Thomson Reuters, June, 2010).
Bar Admissions: Illinois, 1990
Education: University of Illinois Urbana-Champaign, B.A., 1987
Chicago-Kent College of Law Illinois Institute of Technology, J.D., 1990, with honors
Honors & Awards: American Jurisprudence Award for Trial Advocacy