Jonathan Gordon is an associate in the Chicago office of Latham & Watkins and a member of the firm's Restructuring & Special Situations Practice, Bankruptcy Advisory Committee, and Recruiting Committee.

Jonathan advises companies, secured and unsecured creditors, equity sponsors, directors, third-party investors, and other parties in out-of-court and in-court restructurings, rescue financings, distressed sales, bankruptcy litigation and appeals, and other related matters. He has experience across an array of industries, including retail, consumer products, telecommunications, real estate, financial products, energy, biopharma, and healthcare.

Jonathan's representative experience includes advising:

Company Representations

  • Sorrento Therapeutics, as chapter 11 debtor in the Southern District of Texas, addressing more than US$200 million of debt (three section 363 sales)
  • Monitronics, as chapter 11 debtor in the Southern District of Texas, addressing approximately US$1.1 billion of funded debt obligations (prepackaged debt-to-equity reorganization)
  • Mallinckrodt, as chapter 11 debtor in the District of Delaware, addressing more than US$5.2 billion of funded debt obligations and billions in potential tort liability (debt-to-equity reorganization; channeling injunction)
  • Nine Point Energy Holdings, as chapter 11 debtor in the District of Delaware, addressing more than US$250 million in funded debt obligations (section 363 sale)
  • Sundance Energy, as chapter 11 debtor in the Southern District of Texas, addressing approximately US$400 million in funded debt obligations (prepackaged debt-to-equity reorganization)
  • Sable Permian Resources, as chapter 11 debtor in the Southern District of Texas, addressing more than US$1.3 billion in funded debt obligations (debt-to-equity reorganization)
  • GNC Holdings, as chapter 11 debtor in the District of Delaware, addressing more than US$900 million in funded debt obligations (section 363 sale)
  • FTD Companies, as chapter 11 debtor in the District of Delaware, addressing nearly US$150 million in funded debt obligations (three section 363 sales)*

Creditor Representations

  • A venture lending firm, as administrative agent in an out-of-court debt-to-equity reorganization of a healthcare company with more than US$910 million of funded debt obligations
  • A middle-market private credit firm, as administrative agent in the sale of nearly US$140 million in funded debt obligations owed by a distressed borrower
  • A middle-market private credit firm, as administrative agent in the sale of over US$85 million in funded debt obligations owed by a distressed borrower
  • A global financial institution, as administrative agent for a US$677.5 million chapter 11 debtor-in-possession facility in the Eastern District of Missouri
  • Various lenders in out-of-court workout scenarios, including distressed transactions, loan amendments, refinancings, and forbearances
  • Various real estate investment firms, as landlords to various chapter 11 debtors

Equity Sponsor Representations

  • A global private equity firm, as equity sponsor, with respect to a portfolio company’s rescue financing and subsequent chapter 11 bankruptcy in the District of Delaware
  • A private equity and alternative assets investment firm, as equity sponsor, with respect to a portfolio company’s rescue financing

Bankruptcy Litigation

  • Chapter 11 debtors, in contested matters related to, among other things, motions to dismiss, the automatic stay, venue, releases, and plan confirmation
  • An advisory firm and former chief restructuring officer, in litigation commenced by a chapter 7 trustee, alleging breach of fiduciary duties, fraud, negligence, and avoidance actions
  • Former directors and officers of a debtor, in litigation commenced after the debtor’s bankruptcy by a former shareholder, alleging breach of fiduciary duties, fraud, and conspiracy
  • A hedge fund, as equity holder of a debtor, in litigation commenced after the debtor’s bankruptcy by a former shareholder, alleging fraud
  • A company in litigation against the IRS regarding a tax deduction following a fraudulent conveyance settlement

Bankruptcy Appeals

  • Mallinckrodt, regarding the discharge of a contingent royalty claim (Third Circuit)
  • Mallinckrodt, regarding confirmation of their chapter 11 plan (District of Delaware)
  • Sorrento Therapeutics, regarding a discovery ruling (Southern District of Texas)
  • Bestwall, against certification of a direct appeal regarding a motion to dismiss the chapter 11 case (Fourth Circuit)*

*Matters handled prior to joining Latham 

Bar Qualification

  • Illinois

Education

  • JD, Northwestern University School of Law, 2018
    cum laude
  • BBA in Finance, University of Notre Dame, 2015
    cum laude