Jeremy M. Downs

Overview

Jeremy Downs is a Principal in the firm's Bankruptcy & Creditors’ Rights Group. He represents senior secured lenders, junior lenders and large unsecured creditors in corporate bankruptcies and workouts.

In his general bankruptcy practice, Jeremy assists clients in the negotiation, documentation and litigation of debtor-in-possession financing, use of cash collateral, asset sales, relief from the automatic stay, and various related procedural matters. As a workout attorney, he handles the negotiation and documentation of out-of-court restructurings and liquidations through forbearance agreements, receiverships, assignments for benefit of creditors, and UCC sales.

Jeremy works closely with the firm's Litigation Group in connection with disputes that arise in the course of his practice, as well as with the firm's Commercial Finance Group in connection with financing matters.

Credentials

Education

Northwestern University Pritzker School of Law, J.D., 2000
Harvard University, A.B., 1997
– Government, cum laude

Admissions

Illinois

U.S. District Court for the Northern District of Illinois
U.S. District Court for the Eastern District of Wisconsin
U.S District Court for the Western District of Wisconsin
U.S. District Court for the Eastern District of Michigan

Publications

Co-Author, “Retention of Title Disputes: Don’t Take the Uniform Commercial Code for Granted,” published in The Bankruptcy Strategist, Oct. 2021.
Author, “Federal Receivers’ Reach, Authority Often Overlooked,” published in the Turnaround Management Association’s Journal of Corporate Renewal, March 2013.
Co-Author, “River Road: Credit Bid Freeway or Tollway?,” a Goldberg Kohn Alert, Sept. 2011.
Author, “Time for a Tune-Up: Assessing Your Strategies in Automotive Supply Workouts and Bankruptcies,” published in The Secured Lender, April 2009.

Presentations

“Bankruptcy Sales and The Plan of Reorganization” at the Commercial Finance Association’s “Workout and Bankruptcy Workshop,” March, 2012.
“Is There a Pot o’ Gold at the End of the Rainbow?” at the Auto Industry Forum presented by the Midwest Chapter of the Commercial Finance Association, March 2010.