Bankruptcy/Restructuring Attorney Shelly A. DeRousse Joins Stahl Cowen
CHICAGO – Stahl Cowen has announced that Shelly DeRousse has joined the firm as a partner. Shelly brings a wide range of experience counseling debtors and creditors matters in all aspects of business restructuring. Shelly has also spent considerable time as a commercial litigator, often dealing with the business ramifications of restructuring or advising corporate clients in litigation.
Shelly has represented both creditors and debtors in many high profile bankruptcy cases, including the teams representing the debtors in the Federal Mogul, Owens Corning, and Meridian Automotive cases. She also represented the secured creditor banks in the ANC Rental Corp. and Edgewater Medical Center bankruptcy cases; the fiduciary of the employee shareholders in the U.S. Airways case and a variety of creditors in the Kmart Corporation, Halo Industries, Enron, and Worldcom cases. Stahl Cowen's hiring partner Trent Cornell says, "Shelly's broad range of experience makes her especially well-suited to the varying needs of Stahl Cowen's diverse client base." "Shelly brings big-firm experience, common sense and great legal skills to help us continue to build our restructuring team," added Scott Schreiber, chair of Stahl Cowen's Bankruptcy and Restructuring Group.
In addition to the wide breadth of her general experience, Shelly also has a gained focus on healthcare and hospital insolvencies. She represented Heartland Memorial Hospital in its bankruptcy case in the Northern District of Indiana. In the Edgewater Medical Center bankruptcy case in the Northern District of Illinois, she represented the secured creditor bank for its $50+ million claim, and the debtor, as special counsel, in litigation against the debtor's insiders. She also represented the secured creditor bank and the debtor, as special counsel, in the Grant Hospital sale and post-sale distribution of assets in an Illinois State Court dissolution.
Shelly's commercial litigation representations include prosecuting breach of fiduciary duty and fraudulent transfer claims on behalf of corporations; defending and prosecuting foreclosure actions for secured creditors and debtors; and enforcing contracts and breach of contract claims.
Shelly received her J.D. with honors in 2001 from the DePaul University College of Law and previously practiced with Sidley Austin LLP and Sugar & Felsenthal LLP in Chicago.
Stahl Cowen Crowley Addis LLC is a Chicago-based law firm focused on serving the needs of business enterprises in today's dynamic marketplace. The firm provides sophisticated, yet cost effective legal counsel to organizations ranging from the entrepreneurial to large, publicly traded corporations and municipalities. Practice areas include Bankruptcy & Restructuring, Corporate, Mergers & Acquisitions, Litigation, Local Government, Real Estate and Trusts & Estates.