Mark Melickian

Mark S. MelickianPartner

  • Chicago: (312) 704-2174
  • vCard

Mark Melickian heads the firm’s Restructuring, Insolvency, and Special Situations practice group and is also a member of the firm’s Litigation and Transactional practice groups.

Mark advises companies, their principals, and their investors and stakeholders in both healthy and distressed situations, with a focus on economic and practical solutions to the business and legal problem at hand. In addition to helping clients navigate financially-distressed situations, Mark advises clients on capital-raising transactions, opportunistic asset purchases and sales, business expansions, business transformations, and corporate governance matters. 

Clients include public and privately held companies, their principals, secured and unsecured creditors, asset purchasers, landlords, tenants, and investors, as well as assignees, creditors’ committees, bankruptcy trustees, receivers, and similar parties unique to the commercial bankruptcy and restructuring sectors.

He regularly writes and speaks on issues pertaining to business matters involving business transformation and financial challenges, including serving as lead editor of the American Bankruptcy Institute’s treatise on agricultural bankruptcies.  He has been published in the American Bankruptcy Institute Journal, the Bankruptcy Strategist, Law.com, Norton Bankruptcy Law Adviser, DailyDAC, and Student Lawyer.  He is currently a contributing author to the treatises Commercial Bankruptcy Litigation (Thomson Reuters), and Strategic Alternatives for and Against Distressed Businesses (Thomson Reuters), and has written for the Cornell University Legal Ethics Library, Wiley Bankruptcy Law Update, and the treatise Ginsberg & Martin on Bankruptcy (Aspen).  Before he obtained a law license, Mark won the Peter Lisagor Award for Exemplary Journalism from the Society of Professional Journalists for his monthly articles for Student Lawyer, an America Bar Association publication.   

Mark is rated AV Preeminent (5.0/5.0) by Martindale-Hubbell, and has been named as an Illinois Super Lawyer by Thomson Reuters and a Leading Lawyer by Leading Lawyer Magazine (Chicago).

He has served on the board of a number of organizations over the years, including roles as a director of Chicago's Public Interest Law Initiative, an organization dedicated to expanding pro bono legal representation in Chicago, and San Francisco's Law Center to Prevent Gun Violence (now known as the Giffords Law Center), a national public policy organization dedicated to the reduction of gun-related violence in our communities.  He is currently on the Board of Directors of the Chicago/Midwest chapter of the Turnaround Management Association.  When he is not lawyering, Mark plays guitar and keys for the Fomites, a band that covers post-punk, post-Mod, alternative British/American/Australian music.

Memberships

American Bar Association
American Bankruptcy Institute
Turnaround Management Association
Illinois State Bar Association
Chicago Bar Association

VIEW FULL Bio

Honors


Selected by peers as a Leading Lawyer in: Bankruptcy & Workout Law: Commercial

Peter Lisagor Award for Exemplary Journalism, Columns/Commentary (1993) – given by
  The Chicago Headline Club (http://headlineclub.org/)

5.0/5.0 Overall Client Rating – Martindale.com


Selected for inclusion in Illinois Super Lawyers

Publications

Speaking Engagements

News

  • 02/17/2021

    Sugar Felsenthal Grais & Helsinger LLP Attorneys Author Thomson Reuters© Lead Bankruptcy & Restructuring Treatises

    Sugar Felsenthal Grais & Helsinger LLP ("Sugar Felsenthal") congratulates Jonathan Friedland, Michael Brandess, Christopher Cahill, Etahn Cohen, Hajar Jouglaf, Mark Melickian, and Jack O'Connor on the publication of the 2021 editions of Commercial Bankruptcy Litigation and Strategic Alternatives For And Against Distressed Businesses.

  • 02/09/2018

    SFGH Confirms Chapter 11 Plan in Regional Hospital Bankruptcy

    On February 9, 2018, the United States Bankruptcy Court for the Southern District of Iowa confirmed the chapter 11 liquidation plan of Central Iowa Healthcare, a mid-sized hospital and clinic system based in Marshalltown, Iowa with a reach through three central Iowa counties.  Sugar Felsenthal Grais & Helsinger LLP, led by partner Mark S. Melickian, served as Special Healthcare Reorganization Counsel and led the engagement from filing through plan confirmation.  Mark was assisted in the engagement by SFGH partners Michael Brandess and Matthew Schiff, and litigation associate Kathryn Nadro.  In May 2017, SFGH took the Debtor through the sale of substantially all of its assets to Allen Health Systems, Inc., d/b/a UnityPoint Health – Waterloo, a transaction that allowed the hospital and clinics to remain open, saved hundreds of regional jobs, and won M&A Advisor’s 363 Sale of the Year award ($10 million - $25 million) for 2017. 

Civic & Professional

  • Law Center to Prevent Gun Violence (San Francisco, CA) – Board of Directors
  • Adoption-Link (Oak Park, IL) – Board of Directors, Secretary and Executive Committee
  • Public Interest Law Initiative (Chicago, IL) – Board of Directors
  • Near North Montessori School (Chicago, IL) – Board of Directors (2004-08), Chair of Audit and Corporate Governance Committees
  • Turnaround Management Association, Chicago/Midwest Chapter – Education Committee Co-Chair (incoming, 2013)

Mark S. Melickian's recent or notable engagements and experience includes:

  • Served as special healthcare reorganization counsel and lead transaction counsel to Central Iowa Healthcare in its chapter 11 bankruptcy case in the Southern District of Iowa, a hospital and clinic system serving four Iowa counties. In 2017, led a successful Section 363 sale of hospital assets to a large not for profit healthcare system, resulting in uninterrupted operations and the retention of over 95% of hospital employees. 
  • Counsel to global financial institution and special litigation counsel to Horace Fox, the chapter 7 Trustee, in the chapter 7 liquidation of Sage Enterprises, Inc. (Bankr. N.D. Ill.), a $400+ million annual revenue supplier of on-board supplies to the airline industry.   Key team member and coordinator of the team that successfully prosecuted a $2.2 million contract collection dispute action against Continental Airlines, and successfully defended the lender and debtor in a multi-million dollar litigation brought by a vendor under the Perishable Commodities Agricultural Act.
  • Counsel to official bankruptcy committees of creditors or equity holders in the following cases – In re Etcher Farms, Inc. et al (Bankr. S.D. Iowa); In re Quadrant 4 Systems Corp. (Bankr. N.D. Ill.); In re AgFeed USA LLC et al (Bankr. D. Del.); In re World Marketing Chicago LLC, et al (Bankr. N.D. Ill.); In re Newton Manufacturing (Bankr. S.D. Iowa); In re Lyons Workspace Products  (Bankr. N.D. Ill.); In re: Natural Pork Production II LLC (Bankr. S.D. Iowa); In re Trainor Glass Company (Bankr. N.D. Ill.); In re JS II, LLC (Bankr. N.D. Ill.); In re Builders Plumbing & Supply Co. (Bankr. N.D. Ill.); In re Golden Bear Oil Specialties (Bankr. C.D. Cal.); In re Telehub Communication Corporation (Bankr. N.D. Ill.); In re Emerald Casino (Bankr. N.D. Ill.); In re Midcom Communications, Inc. (Bankr. E.D. Mich.)
  • Counsel to chapter 11 trustees, liquidating trustees and plan administrators in various notable chapter 11 cases, including: In re AgFeed USA, LLC et al. (Bankr. D. Del.); In re Trainor Glass Company (Bankr. N.D. Ill.); In re World Marketing Chicago et al (Bankr. N.D. Ill.); In re Newton Manufacturing (Bankr. S.D. Iowa); In re Food Management Group LLC (Bankr. S.D.N.Y.); In re Duke & King Acquisition, Inc. (Bankr. D. Minn.); In re Workflow Management Corp. (Bankr. E.D. Va.); In re Favorite Brands International Holding Corp. (Bankr. D. Del.); In re Golden Bear Oil Specialties (Bankr. M.D. Cal.).
  • Counsel to one of the nation’s largest financial institutions in the chapter 11 reorganization of Kmart Corporation  (Bankr. N.D. Ill.), in which the client held mortgages on approximately 100 of Kmart’s owned or leased retail properties and distribution centers.
  • Counsel to a multi-national Fortune 500 insurance and professional services company in numerous large chapter 11 cases over the past few years including In re Patriot Coal (Bankr. E.D. Mo.) and In re AMR Corporation (Bankr. S.D.N.Y.).
  • Primary counsel to the collateral trustee of a 26-aircraft leasing trust secured by commercial aircraft leased to the following entities in their chapter 11 cases - Delta Air Lines, Inc. (Bankr. S.D.N.Y.), United Air Lines (Bankr. N.D. Ill.), and Northwest Airlines Corporation (Bankr. S.D. N.Y.).   
  • Primary counsel to the Liquidating Trustee for Favorite Brands International Holding Corporation (Bankr. D. Del.) throughout the liquidation and closure of its $300 million estate.    
  • In re Pacific Gas & Electric (Bankr. N.D. Cal.).  In the nation’s largest utility bankruptcy to date, SFGH attorneys represented a national financial institution as indenture trustee in connection with over $100 million in subordinated debt. 

  • In re Delta Air Lines, Inc. (Bankr. S.D.N.Y.).  In the bankruptcy of the world’s largest commercial airline company by fleet size, a SFGH attorney represented a national financial institution as trustee and collateral agent for an aircraft leasing trust secured by numerous commercial aircraft impacted by the Delta bankruptcy. 

  • In re Northwest Airlines Corporation (Bankr. S.D.N.Y.).  In the bankruptcy of the world’s sixth largest commercial airline company prior to its merger with Delta Air Lines, one of our attorneys represented a national financial institution as trustee and collateral agent for an aircraft leasing trust secured by numerous commercial aircraft impacted by the Northwest Airlines Corporation bankruptcy. 

  • In re Favorite Brands International Holding Corporation (Bankr. D. Del.).  In the bankruptcy of this Chicago-based regional telecommunications company, SFGH attorneys represented a national financial institution as indenture trustee in connection with over $30 million in senior subordinated debt. 

  • In re FLYi, Inc. (Independence Air) (Bankr. D. Del.).  In the bankruptcy of this Washington, DC-based regional air carrier, a SFGH attorney represented a national financial institution as trustee and collateral agent for an aircraft leasing trust secured by numerous commercial aircraft impacted by the Flyi bankruptcy.