CHICAGO, IL—Mark Silverman and Jonathan Aberman have joined Locke Lord’s Bankruptcy, Restructuring and Insolvency Practice Group as Partners in the Firm’s Chicago office.
Silverman, who will serve as Commercial Mortgage-Backed Securities (CMBS) Special Servicer Team Leader, and Aberman bring to Locke Lord a strong roster of lender and special servicer clients, along with substantial and ongoing experience in advising lenders and servicers on a host of cutting-edge finance and bankruptcy issues.
Silverman, who previously served as co-team leader of Dykema’s CMBS special servicer group and assistant leader of the financial services litigation practice, frames and resolves issues involving creditors’ rights, loan workouts, bankruptcy and loan enforcement. He advises large, midsized and small banks, financial institutions and financial technology companies across the country, as well as the nation’s largest CMBS special servicers. His loan enforcement and workout experience spans several sectors, including retail centers, hospitality, commercial and multi-family real estate, health care and medical facilities, industrial, manufacturing and transportation. He also represents creditors in bankruptcy proceedings and defends them from preference claims. Silverman maintains an active commercial litigation practice, advocating for clients in contract disputes, complex post-judgment collection matters, fraudulent transfer claims and breach of fiduciary duty actions, among others.
Aberman, who also joins from Dykema and was previously an Associate with Locke Lord predecessor firm Lord, Bissell & Brook, has more than 20 years of experience representing clients on intractable and complex challenges arising from distressed situations. He has assisted CMBS special servicers, banks, non-bank lenders, finance companies and other businesses in enforcing their rights, protecting their assets and maximizing their recoveries in complex bankruptcy cases, loan workouts, corporate restructurings, mortgage foreclosures, receiverships and assignments for the benefit of creditors. Aberman has also represented buyers and sellers of assets in the distressed marketplace, including Bankruptcy Code Section 363 sales and sales under Article 9 of the Uniform Commercial Code. He has handled all aspects of complex Chapter 11 cases in bankruptcy courts across the country, including debtor-in-possession financing, cash collateral disputes, auctions, asset sales and other loan and lease dispositions. He also negotiates and structures the bankruptcy-related aspects of commercial loan transactions.