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Fruman Jacobson, Partner


Fruman  Jacobson

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Chicago

Phone: 312-876-8123
fjacobson@sonnenschein.com

Education:

Northwestern University School of Law, J.D. 1973, cum laude
University of Illinois, B.A. 1970, with highest honors

Practice Areas:

Professional Profile:

Mr. Jacobson is Chair of the firm’s Corporate Reorganization & Bankruptcy Practice and a co-chair of the firm’s National Credit Markets and Subprime Lending Task Force.  He has extensive experience representing public and private creditors, debtors, creditors’ committees, prominent workout consultants/ crisis managers, trustees and other parties in connection with troubled companies and bankruptcy estates.  Further, Mr. Jacobson has substantial experience in handling bankruptcy litigation and related litigation (including foreclosure, fraud, lender liability, and insurance coverage matters) in state and federal courts.  In addition to handling legal aspects of troubled companies, Mr. Jacobson is highly experienced in counseling clients on related business issues such as restructurings, recapitalizations and changes in management.

Mr. Jacobson has handled significant matters in many industries including real estate, syndications, retail, manufacturing, high-tech, service and others.  He is experienced in complex real estate restructurings (REIT; large syndicator of luxury properties nationwide) and  bankruptcies of sub-prime lenders.  In the United Airlines case, the largest airline bankruptcy ever filed, he co-headed the Sonnenschein team of experts who achieved unparalleled results for the unsecured creditors in airline reorganizations.

Mr. Jacobson lectures frequently on bankruptcy and insolvency issues to private groups and organizations including the Practising Law Institute and various bar associations.  He has been named one of the 68 leading restructuring, reorganization, insolvency and bankruptcy lawyers in the country. 

In addition to his experience in the area of workouts and bankruptcy, Mr. Jacobson has a significant background in general litigation and has taught trial advocacy for the Midwest Region of the National Institute for Trial Advocacy for a number of years.  He is also a regular contributor to various publications.

Admitted to the Bar:

Illinois