Emil Paul Khatchatourian - Chapter 11 Bankruptcy profile photo

Emil Paul Khatchatourian

Foley & Lardner LLP • Chicago, IL
Chapter 11 BankruptcyBankruptcy LitigationDerivativesEnergyHealthcare

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Contact

Email
Phone
(312) 625-5381
Address
321 N Clark St, Chicago, IL, 60654-4762, US

Professional

About

I am an experienced restructuring and bankruptcy partner in the Chicago office of Foley & Lardner LLP. I have represented debtors, trustees, secured lenders, unsecured creditors, purchasers of assets, investors, and other stakeholders in a broad range of restructuring matters throughout the country, including complex chapter 11 proceedings, out-of-court workouts, acquisitions, liquidations, and bankruptcy litigations in both federal and state court. I regularly advise, and develop strategies and creative solutions for, clients in distressed-debt situations, default scenarios, and workouts. I have led bankruptcy and restructuring matters for clients in industries as varied as manufacturing, energy, healthcare, pharmaceuticals, agriculture, and retail. I also have significant experience with respect to commodities, derivatives, and securities insolvency issues. My work in these specialized areas has involved significant counseling work for exchanges, FCMs, funds, broker dealers, and others. Through my counseling work, I have developed specific expertise with respect to the United States Bankruptcy Code’s treatment of contractual rights to liquidate, terminate, or accelerate securities contracts, commodities contracts, and forward contracts. I have also participated in the American Bar Association’s Part 190 Subcommittee’s efforts to undertake a review of the CFTC’s Part 190 commodity broker bankruptcy rules and provide recommendations to the CFTC on potential amendments to those rules. I also volunteer my time and give back to the community. I am committed to the Edward J. Lewis II Lawyers in the Classroom program, where I teach 8th grade students important aspects of the U.S. Constitution and our legal system.

About Chapter 11 Bankruptcy Law

Chapter 11 bankruptcy attorneys help businesses reorganize their debts while continuing operations. They create plans to restructure and emerge financially stronger. Common matters include business reorganization, debt restructuring, creditor negotiations, asset protection.

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Credentials

Education
2013 Saint John's University School of Law LL.M - Master of Laws 2009 Loyola Law School, Loyola Marymount University JD - Juris Doctor 2004 University of California - Los Angeles BS - Bachelor of Science
Languages
Armenian | French

Recognition & Involvement

Awards
2023 Rising Star, Illinois Super Lawyers 2022 Rising Star, Illinois Super Lawyers 2021 Rising Star, Illinois Super Lawyers 2020 Rising Star, Illinois Super Lawyers 2019 Rising Star, Illinois Super Lawyers
Publications
2018 American Bankruptcy Institute Law Review Bankruptcy Needs to Get Its Priorities Straight: A Proposal for Limiting the Leverage of Unsecured Creditors' Committees When Unsecured Creditors Are “Out-of-the-Money” 2015 Foley & Lardner LLP Legal News Alert Lender Beware: Mistakenly Filed UCC-3 Statement Renders $1.5 Billion Loan Unsecured 2014 Foley & Lardner LLP Legal News Alert U.S. Supreme Court Reins in Bankruptcy Court Authority Under § 105(a) 2013 American Bankruptcy Institute Journal Unpaid ERISA Contributions and Fiduciary Liability under § 523(a)(4)
Associations
2015 - Present The Lawyers Club of Chicago Member and Director 2014 - Present Chicago Bar Association, Bankruptcy and Reorganization Committee Member 2014 - Present United States District Court for the Northern District of Illinois Member 2010 - Present American Bankruptcy Institute Member 2009 - Present United States District Court for the Central District of California Member
Updated: May 31, 2026