Nathan Coco is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm’s Chicago office. He focuses his practice on corporate restructurings and bankruptcy, distressed finance and M&A, claims trading, creditor rights and commercial litigation.
Nathan has represented and advised corporate clients, boards of directors, strategic and financial buyers, public debt holders, institutional investors and lenders in the retail, healthcare, information technology, energy, and derivative financial product sectors in connection with distressed M&A and financial restructuring transactions, rights and remedies upon default, and counterparty insolvency. Nathan has represented debtors, asset purchasers, secured and unsecured creditors and contractual counterparties in a number of Chapter 11 cases including In re Chicagoland Conservative Jewish High School Foundation, In re Lehman Brothers Holdings Inc., In re W.R. Grace & Co., In re United Airlines, Inc., In re PG&E National Energy Group, Inc., In re AMERCO Real Estate Company, and In re Enron Corp.
Recent Engagements:
- Representation of derivative financial product counterparties in connection with the termination, close-out settlement and prosecution of claims, over $156 million in aggregate, in connection with the bankruptcy of global financial services firm.
- Representation of $180 million of bond debt in Chapter 9 sale of multi-hospital system in California.
- Representation of strategic acquirer in $120 million purchase of multi-hospital system through Chapter 11 auction in Ohio.
- Representation of bondholders in restructuring of $191 million long-term debt of congregate community retirement center in Illinois.
- Representation of U.S. manufacturer in dealing with its insolvent German parent and its sale through Delaware bankruptcy auction.
Prior to law school, Nathan worked as a documentation policy analyst at the International Swaps and Derivatives Association. Nathan advises clients with respect to the “safe harbor” treatment of derivative financial product transactions under the Bankruptcy Code and the preservation of collateral rights and remedies in the event of counterparty default or bankruptcy.
Nathan has served as an adjunct faculty member at the Loyola University Chicago School of Law, and is a frequent lecturer on topics relating to creditor rights, corporate bankruptcy and debt restructuring.
He is admitted to practice in Illinois and has appeared before several state and federal courts throughout the country.
Education
- University of Iowa College of Law, J.D. (with distinction), 1996
- University of Iowa, B.S., 1993
