Chambers USA 2020 Highly Ranks Freeborn Bankruptcy and Financial Restructuring Practice Group and Group Leader in Illinois

CHICAGO –  Freeborn & Peters LLP is pleased to announce that Chambers USA has ranked the firm’s Bankruptcy and Financial Restructuring Practice Group along with the group’s leader, Shelly DeRousse. In the 2020 edition of the Chambers guide that lists the top lawyers and law firms in the United States, firm Partner Shelly DeRousse was ranked in Illinois for Bankruptcy/Restructuring.

“We are honored to receive recognition of our Bankruptcy and Financial Restructuring Practice Group and its leader Shelly DeRousse in the 2020 edition of the esteemed Chambers USA guide,” said Freeborn Co-Managing Partner William E. Russell. “We congratulate Shelly, who works tirelessly to lead the firm’s Bankruptcy group and serve clients dealing with financial distress.” 

Freeborn’s Bankruptcy practice group advises clients affected by financial situations. The group provides creditor clients with a cross-functional team of bankruptcy, tax, restructuring, finance and litigation specialists who have extensive experience on creditors’ rights issues. The team provides our lender clients with the most cost-effective and practical workout solutions while zealously pursuing their fundamental business goal of achieving complete and timely repayment of loans or recovery of other assets.

The Bankruptcy group provides legal services across a broad scope of areas, including: traditional bankruptcy services like representing debtors and secured and unsecured creditors, financial restructurings and workouts, creditors’ committees, secured creditors’ rights, international insolvency, and fraud.

Ms. DeRousse has extensive experience in the areas of bankruptcy, reorganization, litigation and asset sales. As lead counsel, Shelly has represented official creditors’ committees throughout the country in chapter 11 bankruptcy cases. Additionally, she represents companies and high earning individuals in their restructurings or workout negotiations with their lenders and other creditors. She is also known among banks and other financial institutions as a leading attorney for lenders in bankruptcy cases, out-of-court workouts of borrowers’ loans, and assignments for the benefit of creditors, using creative solutions to maximize the lenders’ recovery from collateral and other assets.   

Chambers and Partners ranks leading U.S. firms and attorneys based on in-depth research and interviews with attorneys’ clients and peers. Chambers assesses attorneys on attributes most valued by clients, including technical legal ability, professional conduct, client service, commercial astuteness, diligence, and commitment. The Chambers USA guide is widely read by industry-leading companies and organizations nationwide. For more information, visit

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