Mr. Prager has been retained as lead counsel to financial institutions, secured creditors, debtors, indenture trustees, and creditor committees in national and local reorganization cases, commercial transactions, and complex litigation. These cases include multi-billion dollar official creditor committee representation, liquidating trust administration, and liquidations of broker-dealers under the Securities Investor Protection Act.

Mr. Prager is an adjunct professor of law at Washington University in St. Louis (2008, 2009 and 2010) and teaches a course on advanced corporate restructuring. In addition, he was elected secretary to the board of directors of the Chicago Council of Lawyers and was chair of the Council's Legislative Committee. He is also a member of the Association of Trial Lawyers of America. Mr. Prager served as legal intern to former Chief Bankruptcy Judge Robert L. Eisen for the Northern District of Illinois, Eastern Division. For three years, he was an arbitrator for the National Association of Securities Dealers.

Mr. Prager lectures regularly at legal education seminars and has taught advanced bankruptcy strategy for the Chicago Bar Association. His insightful commentary has been utilized by national and local media, such as CNN Business News, The Wall Street Journal, and Crain's Chicago Business.

He received his undergraduate degree, magna cum laude, from the University of Illinois and his law degree from Washington University School of Law, St. Louis, Missouri. He is admitted to practice in Illinois and Wisconsin.

Mr. Prager was selected for inclusion in the 2005, 2006, 2007, 2008, 2009 and 2010 Illinois Super Lawyers® lists for his bankruptcy and insolvency work.* He has taken an active leadership role in the community and currently serves on the board of trustees of After School Matters, Children's Memorial Hospital of Chicago, the board of directors for Steppenwolf Theatre Company, and is a member of the Chicago Council on Global Affairs and The Executives' Club of Chicago.

His publications, including co-authored articles, are listed below:

• "Financing the Chapter 11 Debtor: The Lender's Perspective," American Bar Association's, The Business Lawyer, 1990
• "Pursuing Alter-Ego Liability Against Non-Bankrupt Third Parties: Structuring A Comprehensive Conceptual Framework," The Saint Louis University Law Journal, 1991
• "Protecting Secured Lenders in the Workout of LBO Related Loans," Commercial Lending Review, 1992
• "Filing and Contesting Involuntary Bankruptcy Petitions: The Creditor's Perspective," Commercial Lending Review, 1993
• "Environmental Lender Liability: Searching for Safe harbors in the Wake of Kelly v. U.S. EPA," University of Wisconsin Law School, Environmental Law Journal, Summer 1994
• "Realizing Maximum Value When Holding and Liquidating Contaminated Property: Practical Considerations for the Secured Lender After Kelly vs. U.S. EPA," Commercial Lending Review, Fall 1994
• "No Band-Aid Approach Can Heal the Woes of CERCLA / What the EPA Gives, the Courts Take Away," Corporate Legal Times, March 1995
• "Getting to the Bottom Line: The Search for Credibility and Fraud in a Bankruptcy Case," The Corporate Analyst (Business Laws, Inc.), May 1996
• "Key Issues in Chapter 11 Retailer Inventory Sales: The Lender's Perspective," Commercial Lending Review, Winter 1997–98
• "Health Care Finance and Insolvency: The Lender's Perspective," Commercial Lending Review, Winter 1999–2000
• "The Growing Use of Liquidating Trusts in Chapter 11 Cases Practical Considerations," Commercial Lending Review, March 2002

*The Illinois Supreme Court does not recognize certifications of specialties in the practice of law and no award or recognition is a requirement to practice law in Illinois.