Foley announced today that Mark L. Prager has been named chair of the firm’s Bankruptcy & Business Reorganizations Practice.
As a key member of the firm’s national Bankruptcy & Business Reorganizations Practice, Prager focuses on Chapter 11 reorganizations, litigation, transactions, regulatory and corporate finance matters. Prager also serves as the managing partner of the Chicago office of Foley & Lardner and on the firm’s national management committee.
He has served as lead counsel to financial institutions, secured creditors, debtors, indenture trustees and creditor committees, utilizing his expertise in handling complex litigation including multi-billion dollar official creditor committee representation, liquidating trust administration and liquidations of broker-dealers under the Securities Investor Protection Act.
Foley’s Bankruptcy & Business Reorganizations Practice is one of the nation's leading and most experienced, with the skills and proven proficiency to find and implement solutions in out-of-court reorganizations and bankruptcies. With a core bankruptcy group of more than 40 lawyers, Foley is able to meld its nationally recognized bankruptcy, litigation, real estate, corporate trust, bond default and health care experience with finance, tax, labor and employment, environmental, regulatory and other practice concentrations. The firm also regularly represent receivers and purchasers for troubled real estate projects, creditors' committees, secured creditors, debtors, foreign and domestic creditors, funds and indenture trustees.
Foley & Lardner LLP continually evolves to meet the changing legal needs of our clients. Our team-based approach, proprietary client service technology, and practice depth enhance client relationships while seeing clients through their most complex legal challenges. The BTI Consulting Group (Wellesley, Massachusetts) recently recognized Foley as one of the top four law firms shaping the U.S. legal market, while CIO magazine has named Foley to its CIO 100 list six times for our client-focused technology. With more than 1,000 attorneys in 21 offices and more than 50 practices, count on Foley for high-caliber business and legal insight.