Aaron Krieger is an associate in Chapman's Bankruptcy and Restructuring Group and is a member of the Banking and Financial Services Department. His practice focuses on complex commercial restructurings, trustee and creditors' rights, bankruptcy-related litigation, and distressed investing, including debt and asset trading.
Aaron also represents funds, alternative lenders, banks, and other financial institutions in connection with private equity investments, mergers and acquisitions and special situation transactions, including purchases of assets in chapter 11 proceedings or “363 sales” and debtor-in-possession financings.
Aaron is an active member of the LGBT Bar Association and interviews law students for Chapman’s summer associate program at the LGBT Bar Association’s annual Lavender Law conference. Aaron also maintains a pro bono practice, having represented asylum seekers, individuals involved in pending deportation matters and clients seeking executive clemency.
Prior to joining the firm, Aaron was an associate with the law firm Ropes & Gray LLP.
Representative Transactions
- Represented the major equity sponsor in connection with the sale of equity in the holding company of two "racinos" in Indiana.
- Represented ad hoc groups of bondholders in connection with restructurings of bonds and convertible notes.
- Represented a commercial finance company based in Toronto in connection with a series of transactions to sell rail assets.
- Represented private funds in multiple purchases of assets pursuant to section 363 sale process.
- Represented senior secured lender in connection with chapter 11 bankruptcy proceeding commenced by auto dealership.
- Represented lessor of railcars and locomotives in numerous bankruptcy cases.
- Represented multi-billion dollar hedge funds and other investment vehicles in complex corporate restructurings, DIP financings, bankruptcy acquisitions and non-distressed financing transactions.
- Represented banks and other financial institutions in out-of-court credit workouts and loan restructurings.
- Represented equipment lessors, equipment financers and municipal finance parties in bankruptcy proceedings in Illinois, New York and Texas.
Publications
- Co-Author, "Delaware District Court Supports Secured Creditor Gift Plans," The Banking Law Journal. February 2019.
- Co-Author, "More Cautionary Tales in Puerto Rico's Restructuring," Pratt's Journal of Bankruptcy Law. November/December 2018.
- Co-Author, "Bankruptcy Desk Reference for Equipment Lenders and Lessors," Chapman and Cutler LLP. October 2018.
- Co-Author, "In Lakeridge, Concurring Justices Take the Spotlight," Law360. March 12, 2018.
- Co-Author, "First Circuit’s Old Cold Decision Cools Fears of Expanded Scope of Jevic’s Reach; Declines to Apply Jevic to Disturb Assumption of Liabilities in 363 Sale that may have Violated Absolute Priority Rule," Client Alert. February 7, 2018.
- Co-Author, "Puerto Rico Court Reduces Protections Available to Special Revenue Bondholders," Client Alert. February 6, 2018.
- Co-Author, "The Bankruptcy Eligibility of Quasi-Government Entities," Law360. February 5, 2018.
- Co-Author, "Bankruptcy Eligibility Ruling: In re Lombard Public Facilities Corporation," Client Alert. January 11, 2018.
- Co-Author, "Second Circuit Reverses MPM Silicones’ “Prime Plus” Formula for Cramdown Interest Rates, Delivering Secured Creditors a Welcome Victory and Resetting Market Expectations," Client Alert. October 30, 2017.
- Co-Author, "Momentive vs EFIH: Second Circuit Splits with Third Circuit on Make-Whole; Keeps Pressure on Lenders to Negotiate Express Make-Whole Provisions," Client Alert. October 30, 2017.
- Co-Author, "Make-Whole Update: Texas Bankruptcy Court Awards Unsecured Bondholders’ ‘Enormous’ Make-Whole Claim, with Interest, Over Solvent Debtors’ Objection," Westlaw Journal Bankruptcy. October 19, 2017.
- Co-Author, "Equipment Leases in Bankruptcy: A Plan for Riding out the Storm," Pratt's Journal of Bankruptcy Law. September 2017.
- Co-Author, "Bankruptcy Desk Reference for Equipment Lessors," Chapman and Cutler LLP. June 2017.
- Co-Author, "Justice Deferred: What Hight Court Won't Review in Lakeridge," Law360. April 13, 2017.
- Co-Author, "Midstream Oil & Gas Contracts Seeing Changes Following Bankruptcy Court Scrutiny," ACIC Private Notes. September 2016.
- Co-Author, "Make-Whole Update: Delaware Bankruptcy Court Rules Intercreditor Agreement Does Not Permit First Lien Noteholders to Demand Payment of Previously Disallowed Make‑Whole from Junior Noteholders," Client Alert. June 27, 2016.
Presentations
- "In for a Shock: Issues Affecting Creditors in the PG&E Chapter 11 Cases," Chapman's 2019 CLE Marathon. May 8, 2019.
- "Bankruptcy Issues for Creditors of Non-Profit Organizations," Chapman's 2018 CLE Marathon. May 2, 2018
- "Bankruptcy Issues for Secured Creditors: Developments in Make-Whole Litigation and Cram-Down Interest," Chapman's 2017 CLE Marathon. May 10, 2017.
Practice Focus
Education
Georgetown University Law Center, J.D., 2013
- The Georgetown International Environmental Law Review
Columbia University, B.A., cum laude, 2010
Admitted
Illinois, 2016
New York, 2014
U.S. Court of Appeals for the First Circuit, 2018
U.S. District Court for the Northern District of Illinois, 2016
U.S. District Court for the Southern District of New York, 2019
Memberships
American Bankruptcy Institute
National LGBT Bar Association