Daily News: May 20, 2014

Hilco Global Hires Jack Butler to Drive Growth

Hilco Global announced that Jack Butler, one of the most well-known and highly regarded dealmakers and thought leaders in the restructuring, corporate reorganization and M&A community has joined its executive leadership team. In his new role as executive vice president of Hilco Global, Butler will have responsibility for driving overall growth and continued worldwide expansion of the Northbrook, IL-based diversified financial services firm.

Jeffrey B. Hecktman, chairman and CEO of Hilco Global explained Butler’s new EVP role by stating that “Jack will work directly with our executive leadership team and me to continue to align our organization to meet our strategic commercial and growth objectives, add new business partners and clients, and expand our footprint around the world.” Hecktman said “Jack Butler is recognized as one of the premier restructuring dealmakers in the world today and his addition to the top management of our company serves as a testament to the quality of the work we deliver and the level of talent we have attracted to our company.”

Butler joins Hilco Global from Skadden, Arps, Slate, Meagher & Flom, the international law firm that he joined in 1990 to help found the firm’s corporate restructuring practice and where he was a practice leader for 23 years. He was named one of the decade’s most influential lawyers by The National Law Journal, was profiled for developing “creative solutions” during the credit crisis in the Financial Times’ inaugural “US Innovative Lawyers” report, and has been recognized as one of The American Lawyer’s “Dealmakers of the Year” on several occasions for his work on the Delphi Corporation, Kmart Corporation and Xerox Corporation restructurings, among others. Most recently, Butler spent the last several years advising unsecured creditors in American Airlines’ reorganization and its recent $18 billion merger with US Airways Group, a transaction which has been cited for its innovation, collaboration and creativity by the business community and financial markets.