Adam P. Silverman

Adam P. Silverman is a Chicago insolvency and restructuring lawyer who serves as Managing Partner/Shareholder. His practice focuses on financially distressed businesses and business owners, including bankruptcy, reorganization, workouts, and other restructuring matters. He works to preserve going-concern operations when possible and helps clients evaluate practical options for resolving financial problems. A significant part of his approach involves pursuing cost-effective non-bankruptcy solutions when those alternatives fit the client’s circumstances.

Adam earned a J.D. with honors from Illinois Institute of Technology Chicago-Kent College of Law. During law school, he served as a judicial extern for the Honorable Joan B. Gottschall of the US District Court for the Northern District of Illinois. He previously earned an M.B.A. from DePaul University and a B.A. from the University of Illinois. His combined legal and business education supports his work on complex financial and restructuring matters.

Adam advises clients on restructuring strategies designed to address financial distress inside and outside bankruptcy. His work includes lender workouts, forbearance arrangements, refinancing transactions, equity restructurings, going-concern sales, assignments for the benefit of creditors, and negotiated resolutions with creditors. When non-bankruptcy solutions are no longer viable, he represents clients in court proceedings involving liquidations and reorganizations under Chapters 7 and 11 of the US Bankruptcy Code.

Adam P. Silverman is admitted to practice in Illinois and Arizona and before the US District Court for the Northern District of Illinois. His official profile lists membership in the Chicago Bar Association and the American Bankruptcy Institute. His practice reflects a business-oriented approach to insolvency and restructuring, with particular attention to preserving value, evaluating alternatives to bankruptcy, and helping companies and owners navigate difficult financial situations.

Law Office Affiliations

• Attorney, Adelman & Gettleman, Ltd
• Member, Chicago Bar Association
• Member, American Bankruptcy Institute

Licensed State

• Arizona
• Illinois

Education

• Illinois Institute of Technology Chicago-Kent College of Law
  Juris Doctor (JD)
• DePaul University
  Master of Business Administration (MBA)
• University of Illinois
  Bachelor of Arts (BA)