|
Jason J. DeJonker is an associate in the law firm of McDermott Will & Emery LLP based in the Firm's Chicago Office. He is a member of the Corporate Department and the Firm's Bankruptcy and Distressed Transactions Groups.
Jason concentrates his practice on bankruptcy cases, pre-bankruptcy workout negotiations and compositions, troubled borrower restructuring and forbearance, and general commercial litigation. He has represented secured and unsecured creditors, indenture trustees and financial guaranty insurers, insurers, and debtors in Chapter 7 and Chapter 11 proceedings.
Jason advises clients with respect to buying or selling assets and financing transactions in both distressed and non-distressed circumstances, reorganization, general corporate transactions, commercial dispute issues, including substantial involvement in several complex litigation cases, and corporate governance and fiduciary duty matters. Jason also represents a large insurance company in several bankruptcy proceedings throughout the country, which has provided him with extensive experience in mass tort and Bankruptcy Code section 524(g) issues.
At the University of Illinois at Urbana-Champaign, Jason was a Chick Evans Scholar and member of the Campus Scholar Program. While in law school, he was the managing editor of the Elder Law Journal and received the Rickert Award for Excellence in Legal Publication. Jason is a member of the Chicago Bar Association and the Turnaround Management Association. He is admitted to practice in Illinois and has appeared before several state and federal courts throughout the country. Jason is active in local scholarship organizations, including the Chick Evans Scholarship and Link Unlimited Programs, and also participates in numerous pro bono engagements and programs, including the McDermott Kids First and the Lawyers in the Classroom programs.
Representative Experience:
In re AmShip and Tampa Shipyard: Representation of a large, national insurance company in a contested Chapter 11, asbestos bankruptcy case; negotiated a multi-million dollar settlement agreement that resolved several insurance and claim defenses in favor of the insurer and resulted in a $1.0 million reduction in the total amount of settlement funds required to be paid to certain asbestos claimants. Continue to oversee the claims resolution process and arbitrate certain bankruptcy and coverage issues.
In re Carraway Methodist Health Systems, Inc.: Represented financial guaranty insurer, the largest creditor in a major hospital case in Birmingham, AL; led negotiations over a sale process, payment of claims, use of cash collateral and debtor-in-possession financing, and the structure (and ultimate confirmation) of a liquidating plan.
In re Congoleum: Representation of a large, national insurance company in a contested Chapter 11, asbestos bankruptcy case; successfully obtained an end to exclusivity, allowing the insurer to file and seek confirmation of a stand-alone plan of reorganization.
In re Delphi Corporation and In re Dana Corporation: Representation of several Tier I and Tier II auto suppliers in the Delphi and Dana Chapter 11 cases.
In re Delta Airlines: Representation of financial guaranty insurer; successfully negotiated comprehensive settlement with respect to multi-million dollar bond issuance at Logan Airport in Boston, MA.
In re Kaiser Aluminum: Representation of a large, national insurance company in contested Chapter 11, asbestos bankruptcy case; negotiated an insurance neutrality stipulation with debtor and asbestos representatives that has become the benchmark in asbestos bankruptcy confirmation proceedings; led large joint defense group of insurers throughout plan confirmation and objection process.
In re HK Porter: Representation of a large, national insurance company in post-confirmation proceedings; successfully briefed and argued a summary judgment motion in an adversary proceeding before the Erie, PA bankruptcy court to enforce a settlement agreement with the debtor; continue to represent the insurer in the HK Porter appeal before the district court.
In re United Airlines, Inc.: Representation of indenture trustee for defaulted municipal bonds and corporate debentures; litigation regarding treatment and priority of claims; advised client as member of Official Committee of Unsecured Creditors.
Fitigues Clothing Stores: Representation of assignee for the benefit of creditors for a large, multi-state retail clothing store.
Education:
University of Illinois College of Law, J.D. (cum laude), 2000
University of Illinois at Urbana-Champaign, B.A. | 