November 17, 2010

Polsinelli Shughart PC expands its Financial Services department with the addition of attorneys Peter W. Ito and Ross A.Hoogerhyde. The pair brings bankruptcy and business restructuring experience to the firm’s Denver office and national practice. Ito joins the firm as a shareholder, and Hoogerhyde joins as an associate. Both practiced in the Denver office of Gordon & Rees before joining Polsinelli Shughart.

Ito and Hoogerhyde are part of the firm’s Bankruptcy and Financial Restructuring Law practice group, which assists clients in a broad range of industries with loan workouts, Chapter 11 reorganizations and out-of-court restructurings, among other services.

“Our bankruptcy and financial restructuring practice continues to be a strong area of growth for our firm nationally, and we’re pleased to expand these services in our Denver office,” said Daniel J. Flanigan, chair of the Financial Services and Real Estate departments.

Ito carries more than 20 years of experience in bankruptcy law encompassing a variety of industries including oil and gas, real estate, finance, manufacturing, transportation and destination resort clubs. He served as lead counsel for creditors’ committees in several notable bankruptcy cases, including two of the largest bankruptcies of subprime home loan lenders in U.S. history. Ito earned his law degree from the Washington University School of Law and holds a bachelor’s degree from the University of Colorado.

Hoogerhyde has broad bankruptcy experience, representing clients in Chapter 11 and state dissolution proceedings. Hoogerhyde earned his law degree from Michigan State University, where he graduated summa cum laude, and holds a bachelor’s degree in business administration in corporate finance from Western Michigan University.

In the past year, Polsinelli Shughart’s Denver office added eight new attorneys in practice areas including intellectual property, science and technology, labor and employment and life sciences.

“The expansion of our Financial Services department in Denver represents another way we’re growing to meet client demand,” said G. Stephen Long, managing partner of the Denver office of Polsinelli Shughart. “Our clients in Colorado and the Rocky Mountain region are benefitting from a growing national network of outstanding legal talent and services.”

The firm’s Bankruptcy and Financial Restructuring Law practice group includes 24 attorneys in Denver, Wilmington, Del., New York City, Chicago, Kansas City and Phoenix, assisting clients nationally and regionally in industries, including real estate development, retail, agricultural cooperatives, airline, trucking and transportation, manufacturing, health care, insurance, nonprofit, utilities, steel and telecommunications.

Ito and Hoogerhyde are excellent sources for reporters working on stories about:

  • Bankruptcy and financial restructuring, including Chapter 11 and 7 proceedings
  • Acquisition of distressed businesses

For more information contact:

Public Relations Manager Heather McMichael, 816-305-0618,

Linhart PR, Russ Rizzo, 303-951-2561,


About Polsinelli Shughart


With more than 500 attorneys, Polsinelli Shughart PC ( is a national law firm that is a recognized leader in the areas of business law, financial services, real estate and business litigation. Serving corporate, institutional and individual clients, Polsinelli Shughart is redefining the business of law by sharing ideas, goals and outcomes with its clients.  The firm builds enduring relationships by creating value beyond legal services - with passion, ingenuity and a sense of urgency. The firm has offices located in Kansas City; St. Louis; Phoenix; Chicago; Denver; Washington, D.C.; New York; Wilmington, Del.; Overland Park, Kan.; St. Joseph, Springfield, and Jefferson City, Mo.; Topeka, Kan.; and Edwardsville, Ill.