Creditor’s Rights & Bankruptcy Practice

Streusand, Landon, Ozburn & Lemmon, LLP represents creditors in all aspects of refinance, restructuring, and insolvency cases. We work on both transactional and litigation oriented matters with a focus on protecting our clients’ interests and collateral in all chapter proceedings, under the Bankruptcy Code and under State law. We also, on occasion, represent Chapter 11 Debtors in business reorganization/orderly liquidation cases. Our primary focus is on the creditor/collection side of our practice.

Areas of Practice

• Out of Court Re-structures and Refinance
• Preference Defense
• Proof of Claim Processing, Business Collection and Secured Credit
• Asset Sales and Acquisition, whether through 363 sale, or out of court
• Assumption and/or Assistance with Executory Contracts and Unexpired Leases
• Litigation of Avoidance Actions
• Automatic Stay Litigation
• Chapter 11 Reorganization
• Valuation Proceedings
• Bankruptcy Appeals

We assist in the preparation of documents, filing, and litigating motion to lift stay and have a national preference defense docket. We also provide advice to businesses on how to restructure business debts and reorganize in chapter 11.

Restructuring

An out of court work-out and/or restructure of debt is sometimes the best solution for both the lenders and business owners. We undertake the review of documents and attempt to minimize the risk of loss in transactions based upon our knowledge of secured credit and bankruptcy law.

Chapter 11 Practice

Since the early 1980’s, we have been involved in all aspects of Chapter 11 representation, including but not limited to:

• Reclamation Claims and 503(b)(9) priority
• Motions to Lift Stay
• Restriction of and permitted use of cash collateral
• D.I.P. Financing
• Plans of Reorganization
• Rights of Equity Owners

Preference Defense/Fraudulent Transfer Actions

We represent clients across the country as national defense counsel for those creditors that have been paid within ninety (90) days of a bankruptcy case filing and/or transfers that are alleged to be fraudulent transfers. We have helped resolve literally thousands of these cases and are very familiar with all aspects of preference defense and all aspects of defense of avoidance proceedings.