CHICAGO (May 21, 2007) — McDermott Will & Emery is pleased to welcome James (Jay) W. Kapp, III, as a corporate partner in the Chicago office. As a member of the Firm's Bankruptcy & Troubled Transactions Practice Group, Mr. Kapp's practice is focused on representing debtors and creditors with respect to out of court restructurings and chapter 11 reorganizations.
Mr. Kapp has experience in representing interested buyers in the acquisition of distressed companies both out of court and through bankruptcy proceedings. He also has significant experience advising board of directors of insolvent companies with respect to their shifting fiduciary duties as the companies enter or infringe upon "the zone of insolvency."
"Jay's work spans various industries, as well as creditor and debtor representations," commented William P. Smith, head of the Firm's Bankruptcy & Troubled Transactions Practice Group. "His wealth of experience is a good match with our group."
In 1994, Mr. Kapp received his J.D. from University of Minnesota Law School, graduating magna cum laude. He received his B.S. in communications from Northwestern University in 1991. Mr. Kapp is admitted to practice in Illinois, Kansas and Missouri.
McDermott Will & Emery's Bankruptcy & Troubled Transactions Practice Group offers a fully integrated troubled business advisory practice, representing all perspectives in distressed transactions and bankruptcy. Our lawyers are seasoned debtor, creditor, committee and special counsel in a wide variety of engagements, both pre and post bankruptcy filing. While participants in most of the recent highly publicized cases, our Group excels at quiet analysis and resolution of deeply distressed business problems. Including more than 40 members, our Group is highly interdisciplinary, regularly calling on the talents of our banking and finance, corporate, employee benefits, litigation, real estate and tax practice groups to supplement our bankruptcy know-how.