William S. Schwartz
Partner and Litigation Department Chair
Bill is a partner in the Financial Services & Restructuring Group, and concentrates his practice on representing borrowers and lenders in financial services, litigation (including bankruptcy) and workouts.
Bill takes a complete approach to client service. He works to achieve the results his clients want, and in doing so, he also strives to make the experience of working together a positive one. Bill recognizes the time constraints facing his client, and works to reduce the distractions often caused by focusing on the "small picture." He believes that communicating with your attorney and boredom do not have to be synonymous. As a result, he takes a real interest in his clients and strives to consistently demonstrate that in his frequent interactions.
Bill's borrower and lending work focuses on middle-market financings through asset-based and real estate related loans. He represents mezzanine lenders, and lenders in loan participations as well as co-lender deals. Bill’s workout matters typically include deeds-in-lieu of foreclosure, forbearance agreements, negotiating guaranties or other settlement type agreements.
Bill's experience with loan structuring and many years of litigation provide a unique skill set for finance companies, real estate organizations, and family offices focused on private or "hard money" lending. He also represents receivers in foreclosure cases, buyers and sellers at UCC sales, buyers from assignees for the benefit of creditors, and buyers of notes and mortgages.
+1 312 476 7887
Education & Admissions
- University of Illinois Urbana-Champaign, B.A.
- Chicago-Kent College of Law Illinois Institute of Technology, J.D., with honors
- Crohn’s & Colitis Foundation – Past President, Illinois Chapter 2014-2019
- American Jurisprudence Award for Trial Advocacy
If you could live anywhere, where would it be?
Summer: Northwoods of Wisconsin. Beautiful scenery and life is simpler there. Winter: Siesta Key, Florida – nicest beach in the world. / Southern Utah – Hiking is amazing.
What are the top three attributes of your best clients?
1. Sophisticated and appreciates my advice. 2. Understands that the best results come from a team effort between the client and the attorney. 3. Pays timely without issues.
What was your first pet?
My first pet was a West Highland White Terrier named Daisy. She was a great dog that was friendly, fun and smart.
“Bill was a rock star and went above and beyond for our company. We closed seconds before the bell and I was as pleased as can be that I made the timeline objective that was my #1 priority.”