A seasoned trial attorney with broad experience in commercial and bankruptcy-related issues, Terry focuses his practice on bankruptcy litigation. He has represented debtors, creditors, trustees and other interested parties in a variety of adversary proceedings and contested matters arising out of Chapter 7 and Chapter 11 cases. He also frequently represents court-appointed independent fiduciaries and equity receivers.
Terry has nearly two decades of experience counseling clients in civil cases, as well as litigation avoidance. His established track record of strong client service stems from delivering cost-effective, business-driven solutions to existing and potential disputes through negotiation, mediation and litigation in state and federal courts. A substantial part of Terry’s practice is outside of the courtroom. He is often called on by clients – from large multinational corporations to a single-asset limited liability company – to resolve business disputes short of litigation by, for example, negotiating with counterparties and redrafting critical agreements.
Terry also has tremendous experience in construction litigation and counseling, including representing owners, contractors and subcontractors in mechanics liens, surety bond and contract disputes.
Terry's experience includes:
- Defended former senior officers of a bankrupt pharmaceutical company in a putative class action adversary proceeding brought by certain of the debtor’s equity holders seeking to subordinate the officers’ claims. Won dismissal of the subordination claim with prejudice.
- Managed litigation that resulted in a judgment protecting priority of bank’s mortgage lien on assets of insolvent Florida condominium developer against competing construction liens, mortgage liens and purported equitable liens.
- Obtained reversal of preliminary injunction against a private cable operator in an ownership and service dispute with incumbent franchisee. Illinois Appellate Court reversed injunction on the day following oral argument.
- Represented elected public officials, pharmaceutical executives and a major defense contractor in grand jury investigations, federal criminal trials and qui tam litigation.
Before Fox Rothschild
Terry was a member of Shaw Fishman Glantz & Towbin LLC, which merged with Fox Rothschild in 2018.
Beyond Fox Rothschild
Terry has lectured on the subjects of common construction disputes, litigation of construction claims, mechanics liens and suretyship issues. He has published articles on litigation, bankruptcy and banking topics in the Bloomberg Corporate Law Journal, the Real Estate Finance Journal and the Banking Law Journal.
An Adjunct Professor of Law at Loyola University Chicago School of Law, Terry teaches courses on advanced civil procedure and the history of the federal judiciary. He also serves on the Banking Law Journal's Board of Editors, authoring a column called "Banking Briefs" that highlights important federal and state court cases.
In 2019, Terry was appointed to the National Association of Federal Equity Receivers’ (NAFER) Amicus Committee, which identifies appellate cases that could significantly impact receivership law and practice and, where appropriate, drafts and files amicus curiae briefs on behalf of NAFER.
Terry also plays guitar and bass guitar professionally.