Gus focuses primarily on corporate restructuring, distressed sales and acquisitions and other insolvency-related matters. He has experience representing borrowers, debtors, directors, creditors, buyers of assets and businesses, secured lenders, ad hoc bondholder committees, official creditors’ committees, chapter 7 trustees, lessors, lessees and other parties in commercial, distressed or insolvency-related transactions and litigation both inside and outside of bankruptcy.

Gus also regularly represents lenders in DIP financing, workouts, loan sales, debt to equity conversion strategies, and collateral dispositions through U.C.C. Article 9 (secured party sales/friendly foreclosure), bankruptcy and receivership.

Gus is listed as an “Up and Coming” attorney in Chambers USA: America's Leading Lawyers for Business. He has been selected for inclusion in The Best Lawyers in America© (2016-2018) in the areas of Bankruptcy and Creditor Debt Rights / Insolvency and Reorganization Law. Gus also has been selected to the 2018 Ohio Super Lawyers List for Bankruptcy and Creditor Debt Rights.

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A substantial portion of Gus’ practice is devoted to representing buyers interested in acquiring assets out of bankruptcy, receivership and other distressed situations, including secured party sales.

Gus is a member of the Cleveland Metropolitan Bar Association.  He is also on the board of the American Bankruptcy Institute, Turnaround Management Association and a member of ACG Cleveland. He serves as an officer of the Parish Council at Saints Constantine and Helen Greek Orthodox Cathedral and is a trustee of the church’s foundation.  He is the treasurer of the Chios Society of Cleveland and a trustee of the Cleveland AHEPA Scholarship Fund.

Before joining Calfee in 2008, Gus was an associate at Jones Day. He became a Calfee partner in 2011.

Chambers 2016

Contact Gus

Practice Areas

Education

  • University of Notre Dame Law School, J.D., magna cum laude , 1999, Articles Editor, Notre Dame Law Review
  • Yale University, B.A., 1996

Admissions

  • State of Ohio
  • U.S. District Courts (Northern and Southern Districts of Ohio)

Contact Gus

  • gkallergis@calfee.com
  • 216.622.8610
  • vCard

Practice Areas

  • Business Restructuring and Insolvency
  • Commercial Business and Finance
  • Mergers and Acquisitions
  • Bankruptcy Litigation

Education

  • University of Notre Dame Law School, J.D., magna cum laude , 1999, Articles Editor, Notre Dame Law Review
  • Yale University, B.A., 1996

Admissions

  • State of Ohio
  • U.S. District Courts (Northern and Southern Districts of Ohio)