Oksana Koltko Rosaluk

Partner

She's a strategic thinker with immense legal knowledge and a practical mindset.

Chambers USA

Emailoksana.koltkorosaluk@us.dlapiper.com

Call+1 312 368 3974

Chicago

About

Oksana Koltko Rosaluk is a restructuring partner with more than thirteen years of experience in the distressed space. Oksana's practice consists of all aspects of company-side in-court and out-of-court restructurings, including complex reorganizations, going concern liquidations, asset sales, state liquidations and structured wind-downs, both within the US and offshore. A significant focus of Oksana's practice is cross-border restructurings (including chapter 15 representations of foreign debtors), for which she is well known in the industry.

Oksana represents companies across all sectors, although she has significant experience in real estate investment trust (REIT), regulatory, retail, healthcare, tech/intellectual property (IP) and professional services segment as well as with distressed microfinance and Federal Deposit Insurance Corporation (FDIC) receiverships.

Oksana's success is fueled by her passion of working closely with companies and their constituency, being fully immersed in the financial and operational restructuring process alongside management and boards of directors, working together with financial advisors, investment bankers and strategic communications firms, untangling legal issues that straddle many disciplines (and often jurisdictions) and, ultimately, crafting the most optimal strategic solutions that best position businesses to maximize their enterprise value and for long-term success.

Oksana also leverages her deep knowledge of the distressed markets to bring strategic opportunities to various players in the field (through distressed acquisitions and investments, to name a few).

Areas of FocusFinance Restructuring

Bar admissionsIllinois

From our years working closely with Oksana, we know her to be not only a brilliant lawyer, but also uncompromising in her dedication to her clients and their needs.

General Counsel of Client

Oksana is an exceptionally skilled attorney... The legal and strategic advice that Oksana provides [was] instrumental to our successful restructuring and her ability to negotiate and manage complex issues has been extremely impressive. . . . [A]s CEO I have a responsibility to manage and coordinate numerous constituents dealing with complex issues and place enormous value on Oksana’s ability to be pragmatic and business-minded in her legal guidance.

Chief Executive Officer of Client

EXPERIENCE

Representative (in-court) large Chapter 11 and Chapter 15 Debtor Cases include:

In re PREIT, et al., Chapter 11 Case No. 23-11974 (KBO) (Bankr. D. Del.)
In re North Channel Bank, GmbH & Co KG i. I., Case No. 23-11347 (Bankr. D. Del.) (German Insolvency Proceeding)
In re EYP Group Holdings, Inc., Chapter 11 Case No. 22-10367 (Bankr. D. Del.)
In re Pennsylvania Real Estate Investment Trust, et al., Chapter 11 Case No. 20-12737 (Bankr. D. Del.)
In re Arcadia Group (USA) Limited, [Top Shop Top Man], Case No. 19-11650 (Bankr. S.D.N.Y.) (English Administration Proceeding)
In re SEL Manufacturing Co., Ltd., Case No. 19-10988 (Bankr. D. Del.) (Indian Insolvency Proceeding)
In re Schletter GmbH, Chapter 15 Case No. 18-40169 (Bankr. W.D. N.C.) (German Insolvency Proceeding)
In re Katy Industries, Inc., Chapter 11 Case No. 17-11101 (Bankr. D. Del.)
In re Searchmetrics, Inc., Chapter 11 Case No. 17-11032 (Bankr. D. Del.)
In re Abengoa S.A., Chapter 15 Case No. 16-10754 (Bankr. D. Del.) (Spanish Homologation Proceeding)
In re Abeinsa Holding Inc., Chapter 11 Case No. 16-10790 (Bankr. D. Del.)
In re Velti Inc., Chapter 11 Case No. 13-12878 (Bankr. D. Del.)
In re Orchard Supply Hardware Stores, Inc., Chapter 11 Case No. 13-11565 (Bankr. D. Del.)
In re Trident Microsystems, Inc., Chapter 11 Case No. 12-10069 (Bankr. D. Del.)
In re PJ Finance Co., Chapter 11 Case No. 11-10688 (Bankr. D. Del.)

Significant Out-of-Court Restructurings include:

Representation of significant defense contractor in its out-of-court restructuring
Representation of a national retailer in its multi-year out-of-court restructuring
Representation of a global logistics group in its divisional going concern sale to several buyers
Representation of one of the largest microfinance companies in the world in out-of-court negotiations with its lenders with respect to its distressed foreign subsidiaries

Significant Bankruptcy-Related Litigation Representations include:

In re Corus Bankshares, Inc., Chapter 11 Case No. 10-26881 (Bankr. N.D. Ill.) – representation of FDIC-Receiver in a dispute over the priority of debt, i.e., a tax refund of US$265 million
Corus Bankshares, Inc. v. FDIC-Receiver, AP No. 10-01362 (Bankr. N.D. Ill.), reference withdrawn, Civil Case No. 10-005654 (N.D. Ill.) – representation of FDIC-Receiver in a dispute over the ownership of a tax refund
Corus Bankshares, Inc. v. FDIC-Receiver, AP No. (Bankr. N.D. Ill.), reference withdrawn, Civil Case No. 11-00053 (N.D. Ill.) – representation of FDIC-Receiver in its objection to the FDIC-Receiver's proof of claim
Rodriguez v. FDIC-Receiver, AP No. 14-01191 (Bankr. D. Colo.) – representation of FDIC-Receiver in a dispute over the ownership of a tax refund

Languages

Awards

Chambers USA

Up and Coming, Illinois Bankruptcy/Restructuring, (2025)

Additional Recognitions

Real Estate Deal of the Year (PREIT), Turnaround Awards M&A Advisor, (2024)
INSOL International: The Next 40 Rising Star award
American Bankruptcy Institute: 40 under 40 Honoree of the Inaugural Class
23^rd Annual M&A Advisor Award 2024 – Restructuring Real Estate Deal of the Year (Pennsylvania Real Estate Investment Trust)
23^rd Annual M&A Advisor Award 2024 – Restructuring Financial Deal of the Year (Pennsylvania Real Estate Investment Trust)
22^nd Annual M&A Advisor Award 2023 – Professional Services Deal of the Year (EYP Group Holdings)
Distressed M&A Deal of the Year (Global M&A Network - EYP Group Holdings)
Distressed M&A Deal of the Year (12th Annual Turnaround Award – Katy Industries)

Pro Bono

Education

J.D., University of Illinois Chicago School of Law
summa cum laude
Editor in Chief of the Law Review

B.A., International Relations, Ivan Franko National University of Lviv
Specialization: Diplomacy and International Organizations
Highest Honors

Bylines

Seminars

Speaker, "Commercial Real Estate - Defaults and Solutions," NCBJ panel, September 18, 2025
Speaker, "Guarding Against Financial Risk: How Boards & GCs Can Spot and Mitigate Hidden Threats", Annual Boardroom Summit & Peer Exchange, Corporate Board Member, September 19, 2025
National Association of Women Lawyers - 2024 General Counsel Institute 2024: From Reactivity to Opportunistic Proactivity: Elevating Credibility and Influence in the Boardroom Through Strategic Planning and Creative Problem Solving
Asset Recovery Series, Asset Recoveries of the Americas: Bankruptcy Releases After the Purdue Pharma Insolvency, June 27, 2024
Consumer Goods and Retail speaker series: Hedging risk in a distressed environment, September 21, 2023
Speaker, "Hedging risk in a distressed environment," Consumer Goods and Retail speaker series, September 21, 2023
Speaker, "Changes on the horizon? A look at Bermuda's legislative reforms, Bermuda Seminar," INSOL International, June 2023
Speaker, Legal Mentor Transactional Bootcamp Series - Session 1, AKD Partners, 2023