Craig E. Reimer

Craig Reimer represents institutional administrative agents, secured lenders, indenture trustees, pension funds, insurance companies, Fortune 100 companies and other creditors in all aspects of out-of-court workouts, financial restructurings and bankruptcy proceedings. In addition, Craig has served as debtor’s counsel in a number of complex chapter 11 cases ranging involving the restructuring of billions of dollars of indebtedness. Craig also has obtained extensive experience in real estate foreclosure actions across the country, including representing secured lenders, special servicers and other stakeholders in CMBS transactions, and has substantial experience advising secured creditors in connection with exercising remedies under Article 9 of the Uniform Commercial Code.

Recent institutional engagements include The Royal Bank of Scotland, plc, as administrative agent for a lender syndicate that has provided more than $5.8 billion of financing to a privately owned and operated toll road system. Craig also served as one of the lead bankruptcy attorneys in ATP Oil & Gas Corp.’s multi-billion dollar chapter 11 proceeding and represents clients in several other energy cases, including Quicksilver Resources, Energy XXI and Cal Dive. Craig has represented parties in many of the largest and most complex chapter 11 cases in the country, including Caesars, Lehman Brothers, Hawker Aircraft, United Airlines, US Airways, General Motors, Kmart and Nortel. Over the years, Craig has represented the secured lenders in some of the largest real estate foreclosure cases in the Midwest and has extensive experience representing secured lenders from workouts, restructurings, foreclosures and bankruptcy proceedings involving all types of commercial real estate, including Class A office buildings, multi-use properties, hotels and golf resorts, big box, retail stores and large industrial properties.

Craig joined Mayer Brown in 1992.

Administrative Agent/Secured Lender Representations

• Administrative agent, lender and hedge provider in connection with a loan to a geothermal power plant.
• The administrative agent for $4.5 billion of senior secured claims in the chapter 11 bankruptcy filed by the owners of the Indiana Toll Road in the Northern District of Illinois.
• A secured lender with respect to its $50 million mortgage loan on the Volusia Mall, and as a creditor in the related claims against the parent of the mortgagor in the CBL & Associates chapter 11 bankruptcy cases in the Southern District of New York.
• The administrative agent in the cross-border restructuring of $900 million construction loan provided to a joint venture formed by Ocyan and Teekay Construction to build and charter a floating production storage and offloading vessel.
• The administrative agent for the senior secured lenders in Conseco, Inc.’s multi-billion dollar chapter 11 case filed in the Northern District of Illinois.
• The Canadian Export Development Bank in connection with its secured claims in the chapter 11 case filed by Nortel Networks Inc. in the District of Delaware.
• The secured aircraft financing parties in the UAL/United Airlines chapter 11 cases filed in the Northern District of Illinois and in connection therewith successfully obtained stay relief and completion of UCC foreclosure sales involving dozens of aircrafts.
• ABN AMRO, N.V., including as administrative agent, secured lender, and creditor in chapter 11 bankruptcy cases, out-of-court restructurings, and state court foreclosure actions throughout the country.
• Secured lenders with respect to various life settlement cases, including the chapter 11 case filed by LTAP US, LLLP in the District of Delaware, the chapter 11 case filed by QOC I LLC filed in the Southern District of Florida, and the chapter 11 case filed by Ritchie Risk-Linked Strategies Trading (Ireland), Ltd. in the Southern District of New York.
• The mezzanine lender and its affiliated preferred equity investor in the chapter 11 case filed by the owners of the Plaza Mexico shopping center in the Central District of California.

• Tufts University, BA, magna cum laude
  Executive Editor, Hemispheres, Tufts Undergraduate Journal of International Affairs; Dean's List
• Loyola University Chicago School of Law, JD, cum laude
  Student Articles Editor, Law Journal; Dean's List; Loyola University Citation of Excellence, 1992; Williams Fellow

• Illinois

• Member, American Bar Association
• Member, Chicago Volunteer Legal Assistance Foundation
• The Caring Place at Loyola, a Ronald McDonald House, Community Board Member
• CYCLE Program, Tutor
• Hospice Legal Assistance Program, Project Coordinator
• •Northwestern University School of Law, Instructor, Introduction to Legal Learning