Associate
Joshua R. Gross
Restructuring, Distressed Real Estate, Special Situations
Overview
Joshua Gross is an associate in Mayer Brown’s Chicago office and a member of the firm’s Restructuring practice. He represents creditors, debtors, purchasers, and other interested parties in all aspects of in-court and out-of-court restructurings. Joshua also advises companies on a wide range of insolvency considerations in non-distressed settings including consumer finance, insurance, securitization, and real estate transactions.
In addition, Joshua regularly advises corporate trustees and administrative agents with respect to numerous matters, including new debt issuances, debt restructuring and refinancing, intercreditor arrangements, and the post-closing administration and wind-up of asset-backed securitizations.
Prior to joining Mayer Brown in 2017, Joshua served as a Judicial Law Clerk to the Honorable Mary Gorman in the United States Bankruptcy Court for the Central District of Illinois.
Experience
Joshua has recently represented:
- Wolverine Fuels, LLC, one of the nation’s largest bituminous coal producers, on the successful out-of-court cross-border debt and off-take contracts restructurings, resulting in more than $3 billion in projected increased revenue over the life of the various off-take contracts.
- GWG Holdings, Inc. and certain of its subsidiaries, a publicly-traded life settlements and alternative investments company, as lead debtors’ counsel in their plan confirmation and successful emergence from Chapter 11 resolving more than $2.1 billion in debt. This restructuring was awarded “Restructuring of the Year ($1B to $5B)” at the M&A Advisor Turnaround Awards 2023.
- The administrative agent of a syndicated senior loan facility in the UCC Article 9 foreclosure sale of substantially all assets of an event rental company to a third-party purchaser.
- An agricultural company in the successful out-of-court restructuring of more than $800 million USD in unsecured debt, consisting of covenant relief amendments, the granting of collateral and obtaining consent from the lenders to raise up to $250 million of superpriority first-lien debt.
- School Specialty, Inc., a leading provider of educational products and services to the Pre-K- 12th grade market in the U.S. and Canada, in its successful out-of-court restructuring of more than $300 million of debt and consensual sale of substantially all of its assets to an entity formed by TCW Asset Management Company, LLC, Cerberus Capital Management, and Lantern Capital Partners.
Education
- Northeastern Illinois University, BA, summa cum laude
- University of Illinois, JD, summa cum laude
Order of the Coif
Admissions
- Illinois
Courts
- US District Court for the Northern District of Illinois
- US District Court for the Central District of Illinois
- US Court of Appeals for the Seventh Circuit