A man with short dark hair, glasses, and a beard, wearing a dark suit, white shirt, and red tie, stands in front of a blurred indoor background typical of modern law offices.

Emil P. Khatchatourian

Partenaire

Emil Khatchatourian is an experienced restructuring and bankruptcy partner representing debtors, trustees, secured lenders, unsecured creditors, purchasers of assets, investors, and other stakeholders in a broad range of restructuring matters throughout the country. He is a partner in the firm’s Chicago office and a member of the Bankruptcy & Business Reorganizations Practice.

Emil regularly handles complex chapter 11 proceedings, out-of-court workouts, acquisitions, liquidations, and bankruptcy litigations in both federal and state court. He advises and develops strategies and creative solutions for clients in distressed-debt situations, default scenarios, workouts, and distressed acquisitions. He has led bankruptcy and restructuring matters for clients in industries as varied as manufacturing, energy, health care, pharmaceuticals, agriculture, retail, and not-for-profit. Clients praise him for his conscientious approach and deep understanding of their businesses and institutional objectives.

Emil also has significant experience with respect to commodities, derivatives, and securities insolvency issues. His work in these specialized areas has involved significant counseling work for exchanges, FCMs, funds, broker-dealers, and others. Through his counseling work, Emil has developed specific experience 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. Emil has 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.

Emil volunteers his time and gives back to the community. He is committed to the Edward J. Lewis II Lawyers in the Classroom program, where he teaches middle school students important aspects of the U.S. Constitution and our legal system.

 

Prix et reconnaissance

  • Illinois Rising Stars® (2016-2023)*

Affiliations

  • American Bankruptcy Institute, Member
  • Chicago Bar Association, Member
  • The Lawyers Club of Chicago, Board Member

Select Publications and Thought Leadership

  • “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,” American Bankruptcy Institute Law Review, Winter 2018 (co-author)
  • “Unpaid ERISA Contributions and Fiduciary Liability under § 523(a)(4),” American Bankruptcy Institute Journal, November 2013 (co-author) (cited in Herbert v. Hesse (In re Hesse), 516 B.R. 491 (Bankr. S.D. Ohio 2014))

Clerkships

  • Prior to joining Foley, Emil clerked for the Honorable Christopher M. Klein and the Honorable Robert S. Bardwil (Ret.) at the United States Bankruptcy Court for the Eastern District of California.

Langues

  • Armenian (proficient)
  • French (conversant)

 

24 janvier 2023 Distinctions et prix

Les avocats de Foley figurent sur la liste 2023 des Super Lawyers de l'Illinois

Foley & Lardner LLP est fier d'annoncer que 23 de ses avocats de Chicago ont été nommés sur les listes 2023 Illinois Super Lawyers et Rising Stars.
February 1, 2022 Press Releases

Foley Elects 20 New Partners

Foley & Lardner LLP is pleased to announce the election of 20 lawyers to its partnership, effective February 1, 2022.
28 janvier 2022 Distinctions et récompenses

26 avocats de Foley nommés dans les listes 2022 des Super Lawyers et Rising Stars de l'Illinois

Foley & Lardner LLP a le plaisir d'annoncer que 26 de ses avocats ont été nommés dans les listes 2022 des Super Lawyers et Rising Stars de l'Illinois.
5 février 2021 Communiqués de presse

Les avocats du cabinet Foley nommés « Super Lawyers » et « Rising Stars » de l'Illinois

Les avocats de Foley remportent les honneurs des Illinois Super Lawyers & Rising Stars 2021. Découvrez qui figure dans la liste et leurs contributions au secteur juridique.
11 August 2020 Events

Environmental Considerations in the Acquisition and Disposition of Distressed Companies and Assets

Foley attorneys Gary Rover, Emil Khatchatourian and Nick Johnson discussed key environmental and bankruptcy considerations for companies, investors, and lenders as they consider the implications of acquiring or disposing of distressed and underperforming businesses and assets.
January 29, 2020 Press Releases

Les avocats du cabinet Foley nommés « Super Lawyers » et « Rising Stars » de l'Illinois

Foley attorneys honored as Illinois Super Lawyers & Rising Stars in 2020. Discover the top legal talent recognized for excellence in their fields.