Lisa A. Holl Chang

Lisa Holl Chang advises clients in out-of-court restructurings, workouts and liability management transactions, Chapter 11 proceedings, enforcement actions, cross-border restructurings, and other reorganization proceedings. Lisa regularly represents commercial banks, agent banks and lending syndicates, private credit lenders, companies and other stakeholders in insolvency matters arising in industries such as real estate, energy, insurance, technology, manufacturing, aviation and agriculture.

Recent representations include:

• The administrative agent and revolving lender group of a $1.5 billion revolving and term loan facility in the open-market debt exchange and restructuring of $2.9 billion secured and unsecured debt of The GEO Group Inc. The Global M&A Network recognized this matter as the “Out of Court Restructuring of the Year – Large” in the 2023 Turnaround Atlas Awards.
• The administrative agent under the $500 million syndicated, multi-lender, pre-petition revolving credit facility to Brazos Electric Power Cooperative, Inc. in its Chapter 11 case, resulting in a recovery of over 92 cents on the dollar for the primarily unsecured claims of the lending group.
• GWG Holdings, Inc. and certain of its subsidiaries, a publicly-traded life settlements and alternative investments company, in their Chapter 11 cases, culminating in plan confirmation and successful emergence from Chapter 11 in June 2023, resolving more than $2.1 billion in debt.

• Lisa was recognized by the Chicago Alliance Against Sexual Exploitation as “Pro Bono Superstar of the Year” in 2018 for her representations of survivors of sex trafficking in vacating prostitution convictions under Illinois law.

• University of Southern California, BS, cum laude
• University of Wisconsin Law School, JD, summa cum laude
  Order of the Coif; Salmon Dalberg Award (outstanding member of the graduating class); Managing Editor, Wisconsin Law Review

• Wisconsin
• Illinois

• Chinês