About Mark Melickian

Mark S. Melickian is a partner at Sugar Felsenthal Grais & Helsinger LLP in Chicago, and is head of the firm’s Restructuring, Insolvency, and Special Situations group.

Articles by Mark Melickian

Legacies of the Jevic Case: Structured Dismissals Three Years after the Fall

August 14, 2020
/ Business Bankruptcy
/ By Mark Melickian

Tags: Priorities,

Revisiting the Jevic Case and the Absolute Priority Rule In the familiar scenario, a highly-leveraged debtor files for Chapter 11 bankruptcy and an asset sale takes place. The lender is paid (in whole or in part), but either way, there is not enough cash left over to fund a plan confirmation process, which requires […]

Small businesses in bankruptcy can apply for PPP loans though risky

PPP Loans for Chapter 11 Debtors? Maybe…But You Have Other Options

Tags: Article 9, Assignment for the Benefit of Creditors, Chapter 11 Plans,

The SBA’s Views, Court Rulings and Options for Your Company You need to restructure your debt and/or deal as soon as possible with assertive creditors. You want to preserve your company, and you would benefit (or already have benefited) from Paycheck Protection Program (PPP) funds as a bridge. What do you do? Can you risk […]