Bios

Gregg Szilagyi

Gregg has over 20 years of experience both in acting as a fiduciary in insolvency situations and in representing others in that capacity. As an attorney, he has been involved in a wide variety of creditors' rights matters on behalf of debtors, lenders, creditors' committees, equity holders' committees, receivers, assignees and bankruptcy trustees. He is also a panel trustee for the Bankruptcy Court for the Northern District of Illinois. In this capacity, Gregg has been appointed by the United States Trustee to operate distressed businesses and to liquidate businesses and personal assets for the benefit of creditors. Gregg has also been appointed as receiver for companies in enforcement cases at the request of federal and state regulatory agencies. Gregg has expertise in a wide variety of industries including manufacturing, real estate, retail, gaming, energy, telecom, hospitality, and health care.

In his career, Gregg has served as receiver to a group of affiliated companies in one of the largest telemarketing fraud cases in history. He also served as trustee to an operating telecom equipment manufacturer and service company and sold the company to a Fortune 50 acquirer for a substantial return to creditors. He has also successfully confirmed a plan of reorganization for a hospitality client in less than 100 days and negotiated for a distribution to equity holders in several large chapter 11 cases. Some of his clients have included a large, multinational food products and packaging company, a national chain of sporting goods stores, a major business hotel located in Chicago’s Loop, and several airports involved in the bankruptcy case of a national airline.

Gregg earned his bachelors degree from the University of Illinois in 1985 and his juris doctor from the University of Illinois in 1988. He is licensed to practice law in Illinois and is admitted to practice in the federal courts in a number of districts.