“The law draws lines. My job is to know where they are - to work within them or work to redefine them to get the best results for my clients.”
Nate is an associate in HMB’s Bankruptcy, Reorganization and Creditors’ Rights Group. His practice focuses on business reorganization, committee representation and the protection of secured and unsecured creditors’ rights in insolvency situations. He is also the firm’s resident resource on personal bankruptcy and represents businesses in their COVID-19 insurance claims.
Nate has practiced bankruptcy for over a decade and has handled matters of all sizes. He also has experience in citation hearings, foreclosure defense and litigating adversary proceedings in bankruptcy court. He thrives in high-pressure situations and has a knack for distilling complex information in plain English for his clients.
Since March 2020, Nate has been partnering with businesses to file claims and communicate with their insurers to fight for coverage due to losses resulting from COVID-19. He has represented bars, restaurants, childcare facilities and professional services as they work to overcome the ongoing challenges of the pandemic.
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Nate successfully represented certain consumer debtors against the City of Chicago on its vehicle impoundment policy before the U.S. Court of Appeals for the Seventh Circuit, helping to secure a victory preserving essential rights of debtors.
An industry thought leader, Nate frequently lectures on bankruptcy matters on both local and national stages and has co-chaired one of the American Bankruptcy Institute’s most prestigious regional conferences for the past three years. Nate also was recently appointed as an inaugural member of the Northern District of Illinois Local Rules Advisory Committee, which provides direct communication with the bench on the applicable local bankruptcy rules.
Sophisticated Counsel in Complex Situations
Clients appreciate that Nate devotes himself to their needs and genuinely listens to their concerns. He has a restless curiosity for the law and is always searching for new strategies to obtain results for his clients, often under the most difficult of circumstances.
Education
IIT Chicago-Kent College of Law, J.D.
University of Wisconsin – Madison, B.A.
Admissions
Illinois
US District Court for Northern District of Illinois
US Court of Appeals, Seventh Circuit
US Court of Appeals, Eighth Circuit
Honors
CALI Award in Jurisprudence
Illinois Super Lawyers – Rising Stars, 2020
Professional Memberships
American Bankruptcy Institute
Chicago Bar Association
Northern District of Illinois Bankruptcy Court Liaison Committee, 2013-2015 (Chair 2014-2015)
Hon. Eugene R. Wedoff Seventh Circuit Consumer Bankruptcy Conference (Advisory Board 2016-Present, Co-Chair 2017-Present)
Northern District of Illinois Bankruptcy Court Rules Advisory Committee (2019-Present)
Articles
Discussing the Hurdles and Risks Facing Cannabis Businesses, Cannabis Industry Journal, February 2020
“Whose Motion Is It, Anyway? Post-Confirmation Increases in Chapter 13 – Debtor’s Income Should Be Monitored by the Chapter 13 Trustee.” XXXV ABI Journal 7, 22, 63-64, July 2016
Speaking Engagements
“The Good, the Band and the Ugly: Coverage Counsel at § 341 Meetings,” Hon. Eugene R. Wedoff 7th Circuit Consumer Bankruptcy Conference, Oct 2019
“TbE? TTYL! A Practical Discussion of Real Estate Issues for Consumer Practitioners,” Chicago Bar Association Bankruptcy and Reorganization Committee, March 2019
“It Was So Much Fun; Let’s Do It Again: Cars, Parking and Municipal Violations, Take Two,” Hon. Eugene R. Wedoff 7th Circuit Consumer Bankruptcy Conference, Oct 2018
“Supreme Court and Seventh Circuit Case Law Update,” Chicago Bar Association Bankruptcy and Reorganization Committee, May 2018
“Smelt Tank! – Presenter on Segment Concerning Attorney Client Privilege,” Hon. Eugene R. Wedoff 7th Circuit Consumer Bankruptcy Conference, Nov 2017
“Working For A Fresh Start: Labor Issues Facing Consumer Debtors,” American Bankruptcy Institute Annual Spring Meeting, April 2017
“Chapter 7 101: An Introduction to the Bankruptcy Code, Rules and Practice,” Pincus Professional Education, Feb 2017
“Are you a Nolan or Luellen? Can You Surrender Collateral Post-Confirmation?,” Chicago Bar Association YLA Bankruptcy Committee, Dec 2016
“Things Don’t Always Go as Planned: Post-Confirmation Modifications and Appealing an Order Denying Confirmation,” Hon. Eugene R. Wedoff 7th Circuit Consumer Bankruptcy Conference, Oct 2016
“Case Management Conferences for Foreclosures and the Automatic Stay,” Chicago Bar Association Bankruptcy and Reorganization Committee, Nov 2015
“The Year in Consumer Case Law: What You Should Know, Learn and Love (or Hate),” AB 17th Circuit Consumer Bankruptcy Conference, Oct 2015
News
- HMB Legal Counsel Retained as Counsel for Wind-Down Trustee In re OGGUSA, Inc. f/k/a GenCanna Global USADecember 29, 2020
Aaron L. Hammer, John W. Guzzardo and Nathan E. Delman of HMB Legal Counsel have been retained as counsel for the wind-down trustee in In re OGGUSA, Inc. (f/k/a GenCanna Global USA, Inc.). Earlier this year, CBD giant GenCanna made national headlines when its creditors forced the company into a Kentucky bankruptcy court After a high stakes court battle which…
- HMB Congratulates Client RED South Beach for Turnaround Management Association Small Business Turnaround AwardOctober 28, 2020
RED South Beach and its turnaround professionals have been awarded the Small Business Turnaround of the Year Award from the TMA’s Chicago/Midwest Chapter. HMB attorneys Aaron L. Hammer, John W. Guzzardo and Nathan E. Delman served as legal counsel to RED South Beach in its turnaround. Although this year’s celebration will be virtual, the Chapter’s Awards Committee and Board will…
- Aaron L. Hammer, David S. Ruskin and Nathan E. Delman Discuss the Hurdles and Risks Facing Cannabis Businesses with the Cannabis Industry JournalFebruary 18, 2020
Two thirds of all states and the District of Columbia have, to varying degrees, legalized cannabis. With the recent addition of Illinois, eleven states now allow adult recreational use. But cannabis entrepreneurs’ rush of excitement and dreams of cashing in is met with fierce competition and economic risks that makes the dreams, which look so dank at first, end up…
- Four Attorneys from the Litigation Group Named to 2020 Illinois Super Lawyers and Rising Stars ListsFebruary 3, 2020
One attorney from HMB's Litigation Group has been named as a 2020 Illinois Super Lawyer. Additionally, three attorneys were named to the 2020 Illinois Rising Stars list. Super Lawyers is a rating service of outstanding attorneys from over seventy practice areas who have attained a high degree of peer recognition and professional achievement. The following HMB attorney was selected for…
- Nathan E. Delman Joins HMB Legal Counsel Expanding Bankruptcy PracticeAugust 6, 2019
CHICAGO, IL - HMB Legal Counsel, a preeminent provider of legal services in business and finance, litigation, trusts and estates, real estate, state and local taxes and bankruptcy, reorganization and creditors' rights announced that attorney Nathan E. Delman joined the firm as an associate in its growing bankruptcy, reorganization and creditors' rights practice. Nate has over ten years’ experience as a…
Publications
- Procedures of the Circuit Court of Cook County During the CoronavirusJuly 1, 2020
***This article has been updated from the version posted on May 29th, 2020*** Actions Taken by the Circuit Court of Cook County In General Effective July 6, 2020, the Circuit Court of Cook County will begin hearing all matters in all Districts and Divisions with the exception of jury trials. Unless otherwise ordered, all attorneys and self-represented litigants shall be…
- Force Majeure? It’s Unorthodox, But I’ll Allow It: Bankruptcy Court Excuses § 365(d)(3) Performance Due to CoronavirusJune 10, 2020
In an opinion for our troubled times, Northern District of Illinois Bankruptcy Judge Donald Cassling granted debtor Hitz Restaurant Group (“Hitz”) some reprieve from § 365(d)(3)’s strict requirements due to a combination of COVID-19 shutdown orders and a favorably-worded force majeure clause. Hitz’s landlord, Kass Management Services, Inc. (“Kass”) moved to lift the automatic stay after Hitz stop making its…
- John W. Guzzardo and Nathan E. Delman Published in Journal of Corporate Renewal - "Global Pandemic Is Surprise Addition to Restaurant’s Turnaround Menu"June 1, 2020
View the PDF from Turnaround Management Association's Journal of Corporate Renewal here. John W. Guzzardo and Nathan E. Delman, with John B. Pidcock of Oxford Restructuring Advisors LLP, discuss how Red South Beach responded to the COVID-19 crisis by quickly taking a number of actions designed not only to survive but to emerge financially stronger once the crisis is over.…
- Procedures of the United States District Court for the Northern District of Illinois During the Coronavirus CrisisMay 30, 2020
Actions Taken by the District Court On Tuesday, May 26, the United States District Court for the Northern District of Illinois updated, for the fourth time, its General Order 20-0012 in response to the COVID-19 pandemic. The District Court’s original General Order extended all deadlines, whether set by the court or otherwise, by 21 days. On March 30, an Amended…
- Procedures of the United States Bankruptcy Court for the Northern District of Illinois During the Coronavirus CrisisMay 30, 2020
Actions Taken by the Bankruptcy Court The COVID-19 pandemic notwithstanding, the United States Bankruptcy Court for the Northern District of Illinois remains open for business, although not business as usual. Recognizing the need to maintain social distancing, the Court has made several significant changes to its daily operations. After two months of hearing routine motions telephonically, the Court has implemented…
