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Eva D. Gadzheva

Senior Attorney

Eva D. Gadzheva photo


  • Represented a bank of a duty free goods distributor in the workout of a $25 million senior secured loan facility, which culminated in a Chapter 7. The borrower was heavily impacted by COVID, which resulted in the borrower filing Chapter 7 in order to sell all of its assets and business. Assisted the bank with the sale process and in defending its interest and priority in the collateral against vendors claiming priority to large portion of it, and in particular, against a strong retention of title attack. The case resulted in the court finding that the bank had a senior lien on all disputed assets and approving the sale of the bank’s collateral.
  • Represented a financial company in its capacity as administrative and collateral agent for the senior secured lenders (the Agent) of a plastic injection molding company in connection with a workout of a $150 million credit facility. Assisted Agent in exercising remedies to remove and replace the existing board of directors of the loan parties with an independent board of directors by an exercise of pledged equity rights. The workout culminated in a liquidation of the U.S. entities and a change of control transaction to a lender-owned Newco with respect to the business of the Canadian entities.
  • Represented a bank in its capacity as administrative and collateral agent for the prepetition senior secured lenders and debtor-in-possession lenders (the Agent) in the Chapter 11 bankruptcy case of a large, national printing company. Assisted Agent pre-petition with various forbearance arrangements and post-petition with negotiating, documenting, and consummating the company’s DIP financing facility and 363 sale. The borrower was able to successfully close a going concern sale in bankruptcy that repaid the senior secured loan facility in full.
  • Represented a bank in its capacity as administrative and collateral agent for the senior secured working-capital lenders (the Agent) of a multi-national Tier I and Tier II auto supplier in connection with a complicated workout of a $60 million senior secured loan facility and eventually liquidation. Assisted Agent with negotiating and documenting forbearance agreements, customer exit agreements, and multiple loan participation sales.



  • Northwestern University Pritzker School of Law, J.D., 2016
  • University at Buffalo, B.A., International Studies and Political Science, 2011

    summa cum laude


  • Illinois

Professional Activities

  • American Bankruptcy Institute, Member
  • International Women’s Insolvency & Restructuring Confederation, Member