Chad J. Husnick P.C.
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
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Chad Husnick is a partner in Kirkland & Ellis’ Restructuring Practice Group. He represents debtors, creditors, equity holders, and other stakeholders in all aspects of corporate liability management, restructuring, bankruptcy, and insolvency proceedings.Chad has represented clients in a variety of industries, including energy, retail, real estate, infrastructure, manufacturing, transportation and distribution, hospitality and gaming, automotive, and printing. He works closely with his clients to address issues proactively and efficiently. He regularly advises clients on corporate governance issues facing financially distressed companies, including liability management strategies, fiduciary duties, and executive compensation.Chad has been recognized in the 2017–2022 editions of Chambers USA, America’s Leading Lawyers for Business. Most recently, sources noted that he is “phenomenal and one of the smartest lawyers," “responsive, thoughtful and great to work with,” and “able to deliver creative advice and counsel that lead to practical solutions in restructuring matters.” Prior editions described Chad as “one of the best tacticians and one of the most knowledgeable scholars when it comes to the law,” “a brilliant attorney,” and “smart, hard-working and singularly focused on delivering for his clients.” Clients and peers also note that Chad’s “knowledge and expertise of the legal process and the law in bankruptcy matters is simply amazing." Chad was also recognized in the 2022 edition of The Legal 500 U.S. Sources described Chad as a “smart, innovative, and practical strategist and advisor” who “couples his near-encyclopedic knowledge of bankruptcy law with an uncanny ability to always be two steps ahead of his adversary to provide clear, concise direction to the board.”Chad was recognized as an “Outstanding Restructuring Lawyer – 2022” and an “Outstanding Young Restructuring Lawyer – 2017” by Turnarounds and Workouts. The American Bankruptcy Institute selected Chad for the 2018 edition of ABI’s “Forty Under Forty–Emerging Leaders in Insolvency Practice,” Chad was named a “Dealmaker of the Year – 2016” by The American Lawyer for his role in the $40+ billion restructuring of Energy Future Holdings Corporation.Chad is a Conferee in the National Bankruptcy Conference, a Fellow in the American College of Bankruptcy, and a member of the American Bankruptcy Institute and Turnaround Management Association. Also, he is a Lecturer in the Law at the University of Chicago Law School and a Contributing Author for Collier on Bankruptcy—the leading treatise on bankruptcy law. Chad Husnick is a partner in Kirkland & Ellis’ Restructuring Practice Group. He represents debtors, creditors, equity holders, and other stakeholders in all aspects of corporate liability management, restructuring, bankruptcy, and insolvency proceedings.Chad has represented clients in a variety of industries, including energy, retail, real estate, infrastructure, manufacturing, transportation and distribution, hospitality and gaming, automotive, and printing. He works closely with his clients to address issues proactively and efficiently. He regularly advises clients on corporate governance issues facing financially distressed companies, including liability management strategies, fiduciary duties, and executive compensation.Chad has been recognized in the 2017–2022 editions of Chambers USA, America’s Leading Lawyers for Business. Most recently, sources noted that he is “phenomenal and one of the smartest lawyers," “responsive, thoughtful and great to work with,” and “able to deliver creative advice and counsel that lead to practical solutions in restructuring matters.” Prior editions described Chad as “one of the best tacticians and one of the most knowledgeable scholars when it comes to the law,” “a brilliant attorney,” and “smart, hard-working and singularly focused on delivering for his clients.” Clients and peers also note that Chad’s “knowledge and expertise of the legal process and the law in bankruptcy matters is simply amazing." Chad was also recognized in the 2022 edition of The Legal 500 U.S. Sources described Chad as a “smart, innovative, and practical strategist and advisor” who “couples his near-encyclopedic knowledge of bankruptcy law with an uncanny ability to always be two steps ahead of his adversary to provide clear, concise direction to the board.”Chad was recognized as an “Outstanding Restructuring Lawyer – 2022” and an “Outstanding Young Restructuring Lawyer – 2017” by Turnarounds and Workouts. The American Bankruptcy Institute selected Chad for the 2018 edition of ABI’s “Forty Under Forty–Emerging Leaders in Insolvency Practice,” Chad was named a “Dealmaker of the Year – 2016” by The American Lawyer for his role in the $40+ billion restructuring of Energy Future Holdings Corporation.Chad is a Conferee in the National Bankruptcy Conference, a Fellow in the American College of Bankruptcy, and a member of the American Bankruptcy Institute and Turnaround Management Association. Also, he is a Lecturer in the Law at the University of Chicago Law School and a Contributing Author for Collier on Bankruptcy—the leading treatise on bankruptcy law. Chad Husnick is a partner in Kirkland & Ellis’ Restructuring Practice Group. He represents debtors, creditors, equity holders, and other stakeholders in all aspects of corporate liability management, restructuring, bankruptcy, and insolvency proceedings. Chad has represented clients in a variety of industries, including energy, retail, real estate, infrastructure, manufacturing, transportation and distribution, hospitality and gaming, automotive, and printing. He works closely with his clients to address issues proactively and efficiently. He regularly advises clients on corporate governance issues facing financially distressed companies, including liability management strategies, fiduciary duties, and executive compensation.
Jurisdiction
Illinois
State Capital
Springfield
Highest Court
Illinois Supreme Court
Bar Association
Illinois State Bar Association
Typical Consultation
$150-$300
Typical Hourly Range
$250-$450/hr
Fee Model Notes
Hourly or flat-fee billing is common.
Estimates vary by market, complexity, urgency, and attorney experience.
Recognized in Best Lawyers since 2023
Cynthia Morris
Chad Husnick provided solid legal guidance during a complex creditor negotiation for our distressed portfolio company. His deep knowledge of bankruptcy and reorganization law, honed over two decades at Kirkland & Ellis, was evident in his strategic approach. The work product was thorough and leveraged his recognized expertise in creditor rights. However, response times were sometimes slower than expected, and updates weren't always proactive. For the premium rate, I anticipated more consistent client communication. He is undoubtedly a skilled practitioner in restructuring, but the overall service experience felt merely adequate for our needs.
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law