Adam B. Rome PARTNER

TEL: (312) 428-2740

FAX: (312) 332-2781 

arome@grglegal.com

Adam is the leader of the firms' Restructuring & Insolvency Service Group.  Adam concentrates his practice on protecting the rights of secured creditors, insolvency work, partnership disputes and business torts.  Adam has defended the rights of secured creditors in numerous transactions in Federal and State courts.  Adam has extensive courtroom experience; he has successfully asserted and defended TRO’s (temporary restraining orders), while always taking the necessary measures to protect the interests of his clients. 

Adam’s insolvency work includes:

 

  • Successfully representing a creditor corporation in an adversary proceeding filed by the case Trustee on behalf of a Chapter 11 debtor seeking to re-characterize equipment leases as disguised finance agreements.

 

  • Representing the case Trustee in a fraudulent transfer suit on behalf of the debtor against the debtor’s corporate officers and insiders.

 

  • Representing over 15 Trusts for millions of dollars stolen by the trust funds’ former accountant and trustee.

 

  • Representing a secured creditor against a Temporary Restraining Order filed by a junior creditor to enjoin the asset sale of the secured creditors’ non-operational borrower the day before the UCC Sale.  The junior creditor claimed a constructive lien over the non-operational borrower’s assets.  The Court rejected the junior creditor's argument and permitted the asset sale to take place, satisfying the entire principal and interest owed to the senior secured creditor.

 

  • Representing a private equity fund in piercing the corporate veil and obtaining an eight-figure award against a debtor in its individual capacity.

 

Adam also specializes in litigation involving real estate, developer liability, securities and corporate litigation.  This work includes:

 

  • Successfully mediating a settlement on behalf of an Illinois corporation against its competitor for raiding its employees and breaches of fiduciary duty, after the corporation’s primary competition infiltrated its organization to steal employees, customers and trade secrets.

 

  • Representing a senior secured creditor in a multi-million dollar lawsuit against a defunct developer entity that failed to repay its construction loan.  The secured creditor was able to take possession of the incomplete project, sell the project as is, and obtain a multi-million dollar deficiency judgment against the individual developers.

 

  • Representing a Condominium Association in a multi-million dollar lawsuit against a defunct developer entity that fraudulently misrepresented material facts to Association and breached its warranty claims by liquidating the entity to satisfy its investors prior to the expiration of the Association’s warranty claims.

 

  • Representing a secured creditor in an eight-figure breach of Promissory Note matter against a hedge fund and its principals.

 

  • Representing a corporation and participants in its Voluntary Employee’s Beneficiary Association (VEBA) against the promoter of the VEBA plan, the fund holder and its insurer to recover for fraudulent misrepresentations made by the promoter and the Fund to the corporation and its employees.

 

  • Representing partners in partnership disputes, including, breaches of fiduciary duty, conversion and dissolution of partnership.

 

Adam is a founding partner of Greiman, Rome & Griesmeyer. Prior to starting the firm, Adam gained significant experience at Dykema Gossett and Levenfeld Pearlstein, where he represented businesses in federal and state courts in numerous contract, tort and non-competition agreement cases.

Adam was selected as a Super Lawyer in Illinois for 2011-2020. Super lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research, peer nominations and peer evaluations.

In addition to being named a Super Lawyer from 2011-2020, Adam was named to the inaugural class of Emerging Lawyers by the Law Bulletin Publishing Company. Those appointed as an Emerging Lawyer account for less than 2 percent of a state's registered attorneys. The Emerging Lawyers were selected by peers through an extensive statewide survey sent to every lawyer registered in the state of Illinois. The survey asked: "If you couldn't take a case in your area of law, to whom would you refer a family member or friend?" Lawyers could not nominate themselves or any lawyers at their own firm. Thus, it is an extreme honor to be appointed to such a prestigious list.

 

MEMBERSHIPS:

 

American Bankruptcy Institute

 

Chicago Bar Association

 

Turnaround Management Association

 

EDUCATION:

 

Chicago-Kent College of Law Illinois Institute of Technology, J.D.

 

Indiana University, B.A., Criminal Justice, with honors, Certificate of Business

 

© 2017 Greiman, Rome & Griesmeyer, LLC

205 West Randolph Street, Suite 2300, Chicago, IL 60606  (312) 428-2750