• vcard
D 302.252.0924
F 302.252.0921
  • Education
    • J.D., Washington University-St. Louis School of Law
    • B.A., magna cum laude, University of Pennsylvania
  • Court Admissions
    • Supreme Court of Missouri
    • Illinois Supreme Court
    • Delaware Supreme Court
    • U.S. District Court, District of Delaware
    • U.S. Court of Appeals, Third Circuit
    • U.S. District Court, Eastern District of Pennsylvania
    • U.S. District Court, Eastern District of Missouri
Tailoring her approach to each client’s needs, Shanti Katona works with debtors and creditors in all capacities, including handling numerous adversary actions. Her litigation experience is dynamic and includes a variety of matters - from fraudulent transfer and preference litigation, to prosecuting breaches of fiduciary duty. Shanti approaches each matter by evaluating the claims and formulating cost-effective litigation strategies, specific to each matter and client. She also has experience representing financial institutions and other creditors in the enforcement and workout of commercial and real estate loans, in both federal and state courts.

Shanti also concentrates her practice in the areas of complex commercial litigation and patent litigation in Delaware’s state and federal Courts. She can assist in all matters pending in Delaware, including serving as Delaware counsel for referring counsel, conflicts counsel, and claims administration counsel. Shanti frequently appears before the United States District Court for the District of Delaware. Her experience with Delaware Courts has resulted in a deep understanding of procedures, familiarity with the district court clerk’s office and judges, and chamber rules.
  • Delaware bankruptcy counsel and conflicts counsel to Creditors’ Committee in the chapter 11 bankruptcy cases of Southland Royalty Company LLC. 
  • Lead counsel to Bayou Steel Group d/b/a BD LaPlace, LLC, Bayou Steel BD Holdings, L.L.C., and BD Bayou Steel Investment, L.L.C. in their chapter 11 bankruptcy cases. 
  • Lead counsel to Orchids Paper Products Company and its affiliates in their Chapter 11 bankruptcy cases. 
  • Lead counsel to EBH Topco, LLC, Elements Behavioral Health, Inc. and their affiliates in their chapter 11 bankruptcy cases.
  • Lead counsel to Jet Midwest Group, LLC in its chapter 11 bankruptcy case.
  • Lead counsel to PhaseRx, Inc. in its chapter 11 bankruptcy case.
  • Lead counsel to the Official Committee of Unsecured Creditors of Don Rose Oil Co., Inc.
  • Represented buyer in asset purchase of substance abuse facility.
  • Lead bankruptcy and litigation counsel to JMO Wind Down, Inc. (f/k/a Jumio, Inc.) Liquidating Trust
  • Represented Student Committee in for profit college bankruptcy.
  • Represented Assignor in telecom Assignment for the Benefit of Creditors.
  • Represented e-retailer in workout.
  • Represented primary licensor in national retailer's bankruptcy case.
  • Represented a committee in an individual real estate developer's chapter 11 bankruptcy case involving complex tenant in common issues.
  • Represented the largest unsecured creditor in multilevel real estate bankruptcy of parent, and related entities. Served as a member of the committee of unsecured creditors.
  • Represented secured lender in film financings in Chapter 11 of a production company.
  • Represented U.S. Trustee-appointed patient care ombudsman in hospital bankruptcy case.
  • Represented motion picture studios in defense of avoidance actions and sales of film libraries.
  • Represented lender/aircraft lessor in United Airlines Chapter 11 filings.
  • Represented lead lender and agent of syndicated financial group in secured creditor debtor in possession financing, use of cash collateral, plan valuation, and confirmation issues.
  • Represented Chapter 7 trustee in well-known Ponzi scheme case. The assets were recovered and distributed to creditors.
text icon Publications & Presentations
April 3, 2018
text icon Publications & Presentations
Polsinelli|TrBK Distress Indices Special Report:
Causes of Healthcare Distress in 2014, Executive Summary
August 16, 2015
eAlerts Updates
September 8, 2014
eAlerts Updates
September 4, 2014
eAlerts Updates
September 2, 2014
text icon Publications & Presentations
Judgment Enforcement in Delaware
Lorman Education Services, Claymont, Delaware
August 19, 2014
text icon Publications & Presentations
Young & New Practitioners: The Nuts and Bolts of Chapter 11, including Litigation Skills
9th Annual Mid-Atlantic Bankruptcy Workshop, Hershey, Pennsylvania
August 8-10, 2013
text icon Publications & Presentations
The Chief Restructuring Officer's Guide to Bankruptcy: Views from Leading Insolvency Professionals
American Bankruptcy Institute
Authored and edited by Christopher Ward. Also authored by Michael Tamburini, Shanti Katona and Jarrett Vine. 
April 2013
eAlerts Updates
In an order dated September 7, 2010, Bankruptcy Judge Robert D. Drain of the Southern District of New York dismissed, without prejudice, more than 100 adversary proceedings filed by the reorganized debtors (the “Debtors”) in the bankruptcy cases of DPH Holdings Corp. (05-44481 (RDD)) (“Delphi”) for failure to plead sufficient facts to state such claims and to comply with Rule 8 of the Federal Rules of Civil Procedure (the “Federal Rules”).
October 2010
text icon Publications & Presentations
Internet-Based Social Network Lending
Co-Author with Kenneth H. Suelthaus
March 2008