Adam P. Silverman - Lawyer in Chicago, IL

Driven by his passion to meld business with business law,Adam became an insolvency attorney to help companies and their owners solvefinancial problems and maintain going concern operations. Adam strives to findefficient and cost-effective non-bankruptcy solutions for his clients throughequity restructurings, lender workouts and forbearance arrangements,refinancing transactions, going concern sales, public and private auctions,assignments for the benefit of creditors, statutory wind-downs, and other negotiatedresolutions of debtor-creditor issues. When a client has no other option, Adamrepresents them through court proceedings including liquidations andreorganizations under Chapters 7 and 11 of the U.S. Bankruptcy Code. With overtwo decades representing hundreds of clients in insolvency situations, Adam hasencountered a myriad of complex and challenging issues and has developed thedepth, breadth and experience necessary to successfully advocate for hisclients. Adam joined Adelman Gettleman as a first yearassociate in October of 1998 and was elevated to partner in January 2004. He is proud to have spent his entire career with Adelman Gettleman, Ltd.,ultimately evolving into its managing partner. In addition to practicing lawwith the firm, Adam has co-authored a chapter in the Illinois Institute forContinuing Legal Education entitled Representing the Secured Creditor andAdequate Protection published in IICLE's Business Bankruptcy Practicehandbook, guest lectured at accounting firms, the Chicago Bar Association, andDePaul University, served a two year term as a member of the Bankruptcy LiaisonCommittee for the Northern District of Illinois, been named by his peers to thelists of Illinois Super Lawyers (2012? 2021) and Super Lawyers Rising Stars(2008? 2010), as well as Leading Lawyers (2015-2020), and achieved a varietyof other successes personally and on behalf of his clients. Prior to attending law school, Adam earned his Master ofBusiness Administration from DePaul University's Kellstadt Graduate School ofBusiness, where he concentrated in international business and earned his MBA injust five academic quarters while working full-time. As part of his Master'sthesis, Adam led a group of five other MBA candidates through the conceptualizationof a business, preparation of a formal business plan, and presentation toprofessional investors for hypothetical funding. At the conclusion of hispresentation, Adam was approached by one of the investors who offered toactually finance the project. Adam declined, stating that law school was hisultimate goal, and that he was obtaining his MBA to complement his practice asan attorney.