50 East Washington Street
Suite 400
Chicago, IL 60602
Mark Page has over twenty-five years of experience in all aspects of bankruptcy cases and enforcement of creditors’ rights. Over the years, Mark has gained extensive experience and expertise in bankruptcy, other insolvency proceedings, and related litigation, including appeals.
As Vice President and Assistant General Counsel at the First National Bank of Chicago (later Bank One and then JPMorgan Chase), he learned the ins and outs of protecting and advancing the diverse interests of a large financial institution in a variety of complex bankruptcy, insolvency, bank group, and litigation matters.
Mark has used his thorough understanding of the bankruptcy process to protect and prosecute the interests of virtually every type of bankruptcy and insolvency participant. He has obtained favorable results for financial institutions, secured and unsecured creditors, co-PRPs, financial contract participants, contract parties, insurers, receivers, landlords, debtors, plan administrators, and liquidation trustees in complex financial restructurings, corporate reorganizations, receiverships, and liquidations, as well as related litigation, including appeals. His experience spans a wide array of industries, including financial services, maritime shipping, telecommunications, airline, retail, commercial real estate, gaming, technology, manufacturing, mining, and energy. He has handled fraudulent transfer, Ponzi scheme clawback lender liability, lien perfection and priority, environmental claim estimations, and insolvency related lawsuits in federal and state courts. He has also successfully addressed all manner of disputes under the Uniform Commercial Code, both in and out of court.
Mark is a 1991 graduate of the University of Minnesota Law School, where he was a Research and Note Editor for the Minnesota Law Review. After clerking for a U.S. Claims Court judge and a bankruptcy judge, Mark practiced at Sonnenschein Nath & Rosenthal (now Dentons), JPMorgan Chase, and Kelley Drye & Warren.
Representative Matters
- Represented a major financial institution in Chapter 11 proceedings involving six trade finance deals totaling $80 million, enforcing guaranties across U.S. and UK insolvency proceedings.
- Represented a global oil and gas company in the Asarco bankruptcy, the largest environmental bankruptcy to date, protecting its interests as a co-PRP across multiple sites.
- Represented a financial contract participant in the Lehman Brothers Chapter 11 bankruptcy, the largest financial services bankruptcy to date.
- Represented a bankruptcy plan administrator in the post-confirmation wind-down of a large ethanol producer, recovering multimillion-dollar deposits and preference payments and reducing the claims pool through objections.
- Defended a bank in a UCC priority dispute and related Chapter 7 litigation seeking to avoid liens and recover $12.5 million in alleged preferences.
- Represented an insurer in a mass tort bankruptcy involving polybutylene plumbing systems, including appellate litigation before the Fifth and Seventh Circuits.
- Briefed and argued a bankruptcy preference issue before the U.S. Court of Appeals for the Eighth Circuit.
- Represented an insurer in a mass tort bankruptcy involving polybutylene plumbing systems, including appellate litigation before the Fifth and Seventh Circuits.
Education
- University of Minnesota Law School, J.D., cum laude, 1991
- University of South Carolina, South Carolina Honors College, B.A., B.S., magna cum laude, Phi Beta Kappa, 1986
Clerkships
- Bohdan A. Futey, U.S. Court of Federal Claims
- Martin Teel, Jr., U.S. Bankruptcy Court for the District of Columbia
Admissions
- U.S. Supreme Court
- U.S. Court of Appeals for the First Circuit
- U.S. Court of Appeals for the Second Circuit
- U.S. Court of Appeals for the Third Circuit
- U.S. Court of Appeals for the Fifth Circuit
- U.S. Court of Appeals for the Sixth Circuit
- U.S. Court of Appeals for the Seventh Circuit
- U.S. Court of Appeals for the Ninth Circuit
- U.S. Court of Appeals for the Tenth Circuit
- U.S. Court of Appeals for the Federal Circuit
- Trial Bar for the U.S. District Court for the Northern District of Illinois
- Illinois
Publications
- Supreme Court Rules Rejection of Trademark License Does Not Rescind Rights of Licensee, Strategist (Aug. 2019)
- The Ripple Effect of Rejecting Trademark Licenses, Bankr. Strategist (Apr. 2018)
- An “Apex” That May Be a Turning Point: Ruling in Oil Company Case Holds Debtor Responsible for Cleanup Obligations, Connecticut Law Tribune (Sept. 28, 2009) (co-authored)
- A Quagmire of Obligations: Making Sense of the Intersection of CERCLA and the Bankruptcy Code, Strategist (May 2008) (co-authored)
- The Undercapitalized Corporation and Illinois Corporate Veil Piercing Law, Illinois Bar Journal (July 2000)