Overview
Felicia Gerber Perlman focuses her practice on complex business reorganizations, debt restructurings and insolvency matters. She is the Global Head of the Firm’s Business Restructuring Practice Group. Felicia advises debtors, creditors, lenders, investors, sellers, purchasers and other parties-in-interest in all stages of restructuring transactions, from Chapter 11 reorganizations to out-of-court negotiations, workouts and acquisitions. She frequently presents on bankruptcy topics and is featured in several notable publications.
Results
- Represented Quorum Health Corporation in its pre-packaged Chapter 11 cases involving the restructuring of approximately $1.5 billion of funded debt. The successful restructuring took place during the Covid-19 pandemic and ultimately resulted in the successful deleveraging of Quorum’s balance sheet by approximately $500 million. This work was awarded the Pre-Pack Restructuring of the Year – Large Markets recognition as part of Global M&A Network’s 13th Annual Turnaround Atlas Awards
- Represented Atlas Resource Partners, L.P. in its prepackaged Chapter 11 reorganization in the US Bankruptcy Court for the Southern District of New York*
- Represented Dendreon Corporation in its Chapter 11 reorganization in the US Bankruptcy Court for the District of Delaware*
- Represented Millennium Health, LLC in its voluntary prepackaged Chapter 11 cases in the US Bankruptcy Court for the District of Delaware*
- Represented LifeCare Holdings, Inc., an operator of long-term acute care hospitals, and its debtor affiliates in their Chapter 11 cases in the US Bankruptcy Court for the District of Delaware*
- Represented the unsecured creditors’ committee of AMR Corporation, the parent company of American Airlines, in its Chapter 11 reorganization*
- Represented VeraSun Energy Corp., one of the nation’s largest producers of ethanol, in connection with its Chapter 11 reorganization and the sale of its business*
- Represented Comdisco, Inc., a global provider of technology and other equipment and services, in its Chapter 11 reorganization*
- Represented Enesco International, Inc., a leader in the designing, manufacturing and marketing of licensed and propriety branded giftware, in its Chapter 11 case*
- Represented Favorite Brands International, Inc., a manufacturer of candies and confectioneries, in connection with its Chapter 11 reorganization and the sale of its business*
- Represented McLeodUSA Incorporated, one of the nation’s largest independent telecommunications service providers, in its prepackaged Chapter 11 filing*
- Represented Montgomery Ward, LLC, one of the nation’s largest retail organizations, in its Chapter 11 reorganization*
- Represented Orius Corp., a nationwide provider of technical expertise and comprehensive network and infrastructure solutions to the telecommunications and broadband industries, in its prepackaged Chapter 11 case*
- Represented Reliant Resources, Inc., a provider of electricity and related services, in its successful out-of-court restructuring*
- Represented Tokheim Corporation, the world’s largest designer, manufacturer and seller of electronic and mechanical petroleum marketing and sales systems in its prepackaged bankruptcy, as well as in its subsequent Chapter 11 case resulting in the sale of its US and international operations*
*Matter handled prior to joining McDermott.
Recognitions
- M&A Advisor’s Restructuring of the Year ($1B to $5B) Award – Quorum Health Corporation, 2021
- Chambers USA 2009 to 2021
- The Legal 500 US 2021, Restructuring (including bankruptcy): Corporate
- The Best Lawyers in America, 2008 to 2022, Litigation – Bankruptcy
- The Best Lawyers in America, 2008 to 2022, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law
- American College of Bankruptcy, member
- Turnarounds & Workouts “Outstanding Restructuring Lawyers” 2020
Community
- Board of Directors of Chicago Sinfonietta, member of the executive committee
- Women in Law Empowerment Forum, member
- Chicago Coalition of Women’s Initiatives in Law Firms, member
Credentials
Education
Northwestern University Pritzker School of Law, JD, 1992
The Wharton School of the University of Pennsylvania, BSE, 1989
The Wharton School of the University of Pennsylvania, BA, 1989
Courts/Agencies
United States District Court for the Northern District of Illinois
Admissions
Illinois
