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Katten Grows New York Bankruptcy and Creditors’ Rights Practice With Addition of Kristin Wigness as Partner

Firm News | June 4, 2009

NEW YORK - Katten Muchin Rosenman LLP is pleased to announce that Kristin C. Wigness has joined the firm as a New York-based partner in its Bankruptcy and Creditors’ Rights Practice.  Mr. Wigness was previously a partner in the New York office of Morgan Lewis & Bockius LLP, where he was a member of the Financial Restructuring Group.

 

Mr. Wigness focuses his practice on debt restructurings, loan workouts, secured and unsecured lending transactions, debtor-in-possession financing, creditors’ rights and insolvency matters.  He has represented numerous agents and lenders in loan workouts and as debtor-in-possession lenders, including in the Chapter 11 cases of United Airlines, Tower Automotive, American Commercial Lines, Mariner Post-Acute Network, Polaroid Corporation, Burlington Industries and Guildford Mills.  Mr. Wigness has also represented various sellers and buyers of assets through bankruptcy, debtors, licensors and creditors.  In addition, he has assisted mortgage lenders in connection with sales of mortgage pools and in restructuring financing transactions of mortgage portfolios.

 

“Kris is an exceptional attorney, and we are pleased to welcome him as we continue the strategic expansion of our New York Bankruptcy and Creditors’ Rights Practice to meet growing demand for our services,” said Kenneth E. Noble, Chair of Katten’s New York Bankruptcy and Creditors’ Rights Practice.  “Kris’s tremendous legal skill, experience in representing some of the nation’s most prominent banks and unwavering dedication to client service will make him a tremendous addition to our firm and a valuable asset to our clients.” 

 

Mr. Wigness earned a B.F.A. from the State University of New York College at Purchase and his J.D. from the Rutgers University School of Law.  He also holds a Master of Music degree from the University of Michigan.

 

Katten’s nationally recognized Bankruptcy and Creditors’ Rights Practice includes attorneys with a full range of experience representing creditors and other interested parties in connection with complex, out-of-court workouts and bankruptcy proceedings.  The firm’s lawyers have been at the center of efforts to resolve some of the country’s most complex and highly visible bankruptcy, reorganization and liquidation proceedings.  Katten represents clients in a wide variety of turnaround and distressed loan situations, including pre-bankruptcy consensual debt restructurings, workouts of troubled loans, bankruptcy reorganizations, liquidations, receiverships and assignments for the benefit of creditors.  The firm’s bankruptcy attorneys also counsel clients in structuring transactions with regard to bankruptcy considerations, provide advice regarding alternatives and strategies when dealing with financially troubled parties, represent lenders in providing debtor-in-possession and plan financing, and represent asset purchasers and investors in the acquisition of troubled companies or their assets. 

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