Harold Israel is Counsel in the firm’s Chicago office. He represents secured lenders, debtors, creditors and official creditor committees in workouts and reorganizations throughout the United States. Representative clients include senior lenders in Chapter 11 cases of Asyst Technologies, Inc., California Coastal Communications, Inc., Dade Behring Industries, Inc., Diamond Brands, Inc., Malden Mills Industries, Inc., Orius Corporation, Ramsey Holdings, Inc., and Safelite Glass Corp., the debtor in the InSight Health Services Holdings Corp., Nutritional Sourcing Corporation and Spinnaker Industries, Inc. cases, the Official Committee of Unsecured Creditors in the National Energy & Gas Transmission, Inc. case, the SEC-appointed receiver in the Northshore Asset Management case (an SEC enforcement action) and the purchaser of assets in the Telehub Network Services Communications, Inc. and Xetel Corporation cases.
MEHRMr. Israel also represents lenders, including CIT Lending Services Corporation, Key Bank National Association, LaSalle Bank National Association and Wells Fargo Foothill, and equity sponsors in asset-based lending, foreclosure, and debtor-in-possession financing transactions.
Mr. Israel advised the Franciscan Sisters of Chicago Service Corporation in connection with the sale, pursuant to section 363 of the Bankruptcy Code, of its Franciscan Communities Villa de San Antonio subsidiary, a continuing care retirement community.
Mr. Israel is President of the Chicago/Midwest Chapter of the Turnaround Management Association, an annual contributor to the Norton Annual Survey of Bankruptcy Law, was the Chair of the Bankruptcy and Reorganization Committee of the Chicago Bar Association, and was an annual contributor to the Wiley Bankruptcy Law Update.
Prior to joining Kaye Scholer, Mr. Israel was a law clerk to the Honorable John D. Schwartz, Chief Judge, United States Bankruptcy Court for the Northern District of Illinois.