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About Patrick Maxcy

Patrick Maxcy

Patrick Maxcy is a partner in the Chicago office of international law firm Dentons practicing in the firm's Restructuring, Insolvency and Bankruptcy group.  Patrick regularly represents lenders, insurance companies, financial institutions and other significant stakeholders in Chapter 11 bankruptcies, out-of-court restructurings and cross-border proceedings.  Among others things, Patrick counsels clients on bankruptcy and insolvency matters related to derivatives and complex financial contracts, real estate and insurance coverage.


Articles by Patrick Maxcy

Order of Priority

Which Creditors Get Paid First? The Liquidation Order of (Absolute) Priority

What is the Hierarchy of Claims Under the Absolute Priority Rule? If you are a vendor, service provider, or another unsecured creditor to a chapter 11 debtor, you cannot be blamed for feeling like a duped lover after learning about the bankruptcy of your once devoted business companion. Despite the promises of “I’ll stand by […]


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