Eric Prezant represents clients in a wide range of commercial deal making, including corporate and real estate acquisitions and dispositions, mergers & acquisitions, structuring of joint ventures, mezzanine and private equity transactions, and corporate restructuring and workouts throughout the country.  He served for six years as a member of the firm’s global executive committee, and is the primary relationship attorney for several of the firm’s corporate, real estate, banking and financial institutions clients. 

Eric aggressively represents his clients to maximize value and accomplish their specific strategic and financial goals.  His pragmatic client-focused approach and cross-discipline expertise enables him to understand and effectively execute upon his clients' unique business objectives.  As a result, he is able to leverage his specific expertise to maximize value and achieve superior results for his clients. 

With respect to real estate acquisitions and dispositions, Eric has significant experience representing developers, operating companies, institutional investors, banks, and specialty lenders in the investment in, and the remediation, ownership and redevelopment of, commercial real estate, including the brownfield redevelopment and repurposing of end-of-useful life industrial properties.  In these transactions, he leads a highly-skilled team of experts in the areas of real estate acquisition and land use, environmental remediation and risk transfer, joint venture and private equity capitalization, construction and development, and tax-efficient structuring. 

Eric's commercial lending experience includes representing financial institutions in structuring, negotiating, and documenting commercial loan transactions, including asset-based loans, senior and mezzanine debt, acquisition financing, and bankruptcy exit financing.  While his experience in commercial lending is wide ranging, he has specific expertise representing lenders in negotiating and restructuring troubled loans and in the enforcement of lenders’ and creditors’ rights and remedies, including Article 9 sales, commercial real estate foreclosures, receiverships, and assignments for the benefit of creditors.  His experience also includes representing debtors in Chapter 11 bankruptcies and workouts, and representing strategic and financial buyers in the purchase and turnaround of distressed companies.

Eric is frequently invited to speak to groups of business professionals on the topics of commercial loan restructuring, alternative debt and finance, and acquisition and disposition of companies and commercial real estate.  He has been distinguished as a top practitioner in commercial bankruptcy and restructuring by Chambers & Partners; by The Deal magazine as one of the nation’s Top Bankruptcy Attorneys, and as an Illinois Super Lawyer for multiple years.

Eric is also an active supporter and serves on the advisory board for the All Stars Project of Chicago, which is a not-for-profit organization that brings hope and opportunity to thousands of inner-city youth working to move them beyond the barriers of poverty.

Professional Affiliations

    • Real Estate Investment Association (REIA), Board of Directors
    • Turnaround Management Association (TMA)
    • Association of Corporate Growth (ACG)
    • American Bankruptcy Institute (ABI)
    • Association of Corporate Growth (ACG)
    • American Bankruptcy Institute (ABI)
    • American Bankruptcy Institute (ABI)
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Publications

  • "Leveraged Buyouts as Fraudulent Transfers," co-author, Pratt’s Journal of Bankruptcy Law, December, 2006
  • "Doing Business with a Customer or Supplier Having Financial Difficulties", co-author, ACC Docket, September, 2006
  • "What To Do When The Customer or Supplier Is In Financial Trouble", Practical Lawyer, February, 2004

Speaking Engagements

  • Practicing Law Institute, Lecturer, Topic: Pocket MBA 2018: Finance for Lawyers and Other Professionals – Evaluating the Financial Health of an Entity (November 2018)
  • Opus Connect, Panelist, Topic: Seller Notes – The Good, the Bad and the Ugly: How to Avoid Structural Landmines with Seller Financing (September 2018)
  • Practicing Law Institute, Lecturer, Topic: Pocket MBA 2017: Finance for Lawyers and Other Professionals – Evaluating the Financial Health of an Entity (November 2017)
  • Real Estate Investment Association, Panelist, Topic: Planning for a Rainy Day in Structuring Real Estate Investments (February, 2017)
  • Turnaround Management Association, Panelist, Topic: Merge or Close: Obamacare and Local Healthcare (September 2014)
  • Turnaround Management Association, Moderator, Topic: Alternative Financing Options (May 2013)
  • Chicago Real Estate Professionals, Panelist, Topic: Post Financial Crisis Recovery - Are We On the Right Path? (April 2013)
  • American Nursery & Landscaping Association, Topic: Building a Foundation for Prosperity in Tough Economic Times (January 2012)
  • Real Estate Investment Association, Moderator, Topic: Real Estate Private Equity Capital, Evaluating and Navigating the Options (January 2011)
  • Midwest Lodging Institute Conference, Panelist, Topic: Buying Distressed Debt (July 2010)
  • National Association of Wholesaler-Distributors, Billion Dollar Company Chief Legal Officer Roundtable, Topic: Acquiring Insolvent Businesses (April 2010)
  • Oklahoma Bar Association, Advance Bankruptcy Workshop, Topic: Dealing with Distressed Suppliers, Enforcement of Rights and Remedies under the UCC (December 2009)
  • Loyola University Chicago School of Law, Guest Lecturer, Advanced Commercial Finance (2007-2009)