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KONSTANTINOS ARMIROS is a partner with the Chicago law firm of Arnstein & Lehr, L.L.P., where he practices in real estate, commercial litigation and in the areas of restructuring, bankruptcy and workouts. He regularly represents lenders and borrowers in complex work-outs of significant credits. Typically, such negotiations result in a restructuring of the credit by the mechanism of a forbearance agreement; negotiating and drafting forbearance agreements have become something of his stock-in-trade in these matters. In addition to commercial lenders and borrowers, Mr. Armiros also has represented other constituents in distress situations, including asset purchasers, trade creditors and contractors. In addition to his work in matters involving financial distress, turnarounds and restructurings, over his career Mr. Armiros has accumulated extensive experience in commercial litigation, typically representing secured lenders in state, federal and bankruptcy court and in commercial lawsuits, consumer finance litigation, class action defense, injunctions and other complex civil litigation. He also serves as informal "general counsel" for a number of mid-market, typically family owned businesses in the food service and hospitality sector, real estate concerns and entertainment clients. For those clients, he provides counsel to the business owners and oversees their legal needs by employing attorneys from Arnstein's cadre of specialists as appropriate. Mr. Armiros is a regular speaker and panelist on insolvency and real estate matters, and frequently speaks at National Business Institute programs on these topics. He earned his B.A. degree, cum laude, from the University of Wisconsin-Madison and his J.D. degree from Boston University. MICHAEL D. BURSTEIN is an attorney in the law firm of Much Shelist Denenberg Ament & Rubenstein, P.C., and a member of the firm's Real Estate practice group and the Financial Crisis Response Team. Mr. Burstein represents clients in a broad range of commercial real estate and real estate finance transactions. His commercial real estate practice includes acquisitions and dispositions; commercial, office and industrial leasing on behalf of landlords and tenants; condominium project development, including registrations under the Interstate Land Sales Full Disclosure Act; and financing and refinancing on behalf of property owners. He also counsels community, regional and national banks in a variety of real estate financing transactions, including mortgage, construction and syndicated lending; loan workouts; and deed in lieu of foreclosure transactions. Mr. Burstein has written articles and lectured on various real estate law topics, including title and survey review and analysis and the Interstate Land Sales Full Disclosure Act. He is a member of the Chicago, Illinois State and American bar associations. Mr. Burstein earned his A.B. degree from Stanford University and his J.D. degree, cum laude, from Northwestern University. FAYE B. FEINSTEIN practices nationally in the areas of bankruptcy, creditors' rights, secured transactions, commercial/corporate restructuring and related litigation. She is currently serving as head of Quarles & Brady LLP Chicago office's commercial bankruptcy, restructuring and creditors' rights group. Ms. Feinstein has substantial experience in out-of-court restructuring; workouts and liquidations; including assignments for the benefit of creditors, representing parties on all sides of those matters, including secured and unsecured creditors, receivers and assignees for the benefit of creditors. Her experience includes negotiating and drafting workout documentation for lender clients, and representation in related enforcement litigation. Ms. Feinstein also represents debtors, secured creditors, unsecured creditors, creditors' committees, trustees, equity holders, defendants in adversary actions filed in bankruptcy court, purchasers of assets from troubled companies, including through sales under section 363 of the Bankruptcy Code, and owners, developers and managing agents on real estate issues in bankruptcy cases and work-outs. She is a member of the Federal Trial Bar, and litigates in both state and federal court. DONALD S. HORVATH is a partner in Jenner & Block's Chicago office and a member of the firm's real estate practice and construction law practice. Mr. Horvath represents and advises owners, developers, contractors and design professionals in connection with all facets of the development process, including the preparation and negotiation of joint venture, development, design and construction agreements, the selection of project delivery methods, risk management and dispute resolution. Mr. Horvath also represents lending institutions, joint ventures, corporations and others in commercial mortgage and construction loan transactions, sale leaseback transactions and acquisitions and dispositions of real property. He also represents landlords and tenants in lease negotiations for office, commercial, industrial and retail space, and has represented corporations, developers and other clients in connection with obtaining tax increment financing for plant expansions and commercial developments. Mr. Horvath is a member of the Real Property Sections of the American and Chicago bar associations and participates regularly in Division 12 (Owners and Lenders) of the ABA's Forum on the Construction Industry. He earned his B.S. degree from the University of Illinois at Urbana-Champaign and his J.D. degree from the Illinois Institute of Technology/Chicago-Kent College of Law.
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