Faye B. Feinstein, Partner


Faye Feinstein practices nationally in the areas of bankruptcy, creditors' rights, secured transactions, commercial/corporate restructuring, and related litigation. She is currently serving as the Federal Court appointed Receiver in a Securities and Exchange Commission litigation brought against an investment management company and in that capacity is managing the wind-down of seven related receivership estates.

She has substantial experience in out-of-court restructuring, workouts, and liquidations, including assignments for the benefit of creditors, representing parties on all sides of those matters, including secured and unsecured creditors, receivers, and assignees for the benefit of creditors. Her experience includes negotiating and drafting loan origination and workout documentation for lender clients, and representation in related enforcement litigation. She also represents debtors, secured creditors, unsecured creditors, creditors' committees, trustees, equity holders, defendants in adversary actions filed in bankruptcy court, and purchasers of assets from troubled companies, including through sales under section 363 of the Bankruptcy Code, and owners, developers, and managing agents on lease issues in bankruptcy cases and workouts. She is a member of the Federal Trial Bar and litigates contested matters as well as adversary actions in both state and federal court.

Legal Services

Education and Honors

  • New York University School of Law (J.D., 1984)
  • Brooklyn College (B.A., summa cum laude, 1973)
    • Phi Beta Kappa

Bar Admissions

  • Illinois

Court Admissions

  • U.S. District Court, Northern District of Illinois, 1994
  • U.S. District Court, Eastern District of Wisconsin, 1994
  • U.S. Court of Appeals, 7th Circuit

Professional and Civic Activities

  • Chicago Bar Association: Former chair of Bankruptcies and Reorganizations Committee (also former Education chair, Secretary, Vice chair)
  • Adjunct professor and guest lecturer, LLM Program-The John Marshall Law School
  • International Women's Insolvency and Restructuring Confederation
  • Commercial Law League of America, Bankruptcy and Creditors' Rights Committees
  • Turnaround Management Association: Former member - International Board of Directors, Former chair - National Diversity Committee, Former chair - National Professional Women's Networking Group, Chicago/Midwest Chapter, Former president, Former chair - Professional Women's Networking Group
  • Speaker-PLI
  • Former instructor, Continuing Professional Education ("CPE")
  • Former instructor, certification review for turnaround professionals through the Turnaround Management Association; former lecturer, Legal Clinic, DePaul College of Law
  • Former lecturer, Legal Clinic, DePaul College of Law

Professional Recognition

  • Selected as a Most Influential Woman Lawyer in Chicago by Crain's Chicago Business (2017)
  • Selected as an Illinois Leading Lawyer - Law Bulletin Media, 2017–present (Bankruptcy & Workout: Commercial)
  • Selected for inclusion in Chicago's Top Rated Lawyers (2013)
  • Selected for inclusion in Illinois Super Lawyers® (2007–present: Bankruptcy & Creditor/Debtor Rights)
  • Martindale-Hubbell AV® Preeminent Peer Review Rated for Highest Level of Professional Excellence (2000-present)
  • Leading Lawyers Network Member (2008–2013)
  • Judicial Edition AV Preeminent Rating® from Martindale-Hubbell® (2019)
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