Andrew Eres knows that his litigation strategy is only as good as his understanding of his client's business. That's why he makes communication a priority: to identify and address potential problems before they happen, to confirm his actions stay in line with the ever-evolving business and financial objectives of this clients, and to challenge himself and his clients to always pursue the optimal solution for their business disputes.
Andrew is widely regarded as one of the premier complex commercial workout and bankruptcy litigators in Chicago. Over the past several years, Andrew has led a group that has worked out more than $3 billion worth of loans.
Andrew's clients – financial institutions, corporations, partnerships, real estate developers and investors, creditors, and individuals – rely on him for business and strategic solutions to a wide range of liability issues and creditor disputes. He helps community, regional, and national banks, private equity funds, non-traditional lenders, debt buyers and mortgage servicers protect their investments in commercial lending, commercial workout matters and lender liability and fraud issues. He forecloses on commercial, residential and industrial properties for lenders throughout the country. In one such situation, he successfully foreclosed on a complex set of cross-collateralized and cross-defaulted loans for a Chicago-area bank, obtaining summary judgment against the borrowers on their lender liability claims, taking back all of the properties for his client, and settling a $12+ million deficiency judgment.
Andrew has particular strengths assisting commercial real estate clients, including developers, investors, title companies, property management and leasing companies, construction companies, condominium associations, and others. He defends and prosecutes construction defect claims, title disputes, mechanic’s lien foreclosures, real estate receiverships, forcible entry and detainer actions, building code violations, and contract and fraud cases. In one such matter, Andrew successfully litigated and settled a construction defect claim on behalf of a national casino and entertainment client against an architectural and marine engineering firm, immersing himself in the intricacies of the Illinois Fire Safety Code, down to exacting details of design drawings, exit capacity, traffic flow, and even square feet per occupant for a gangway.
He litigates, arbitrates, mediates, and settles cases for his corporate clients involving a variety of claims, including breach of contract or fiduciary duty, partnership and shareholder disputes, theft of trade secrets, intellectual property infringement, fraud, negligence, actions for breach of restrictive covenants, and other issues. Andrew believes that in order to effectively represent a client, an attorney must know and understand the client’s business. That is the trait that makes Andrew an aggressive and efficient counselor and litigator – consistently finding the optimal business and litigation solution for his clients.
And he represents secured creditors in bankruptcy proceedings, working with court-appointed receivers to represent his clients in all types of adversary proceedings, such as preference claims, fraudulent conveyances, and the determination and validity of liens and claims. Andrew also represents lenders, both as buyers and sellers, in assignments for the benefit of creditors and Uniform Commercial Code asset sales.
Andrew serves on Stahl Cowen's Management Committee, and leads the firm's banking and finance law group.