S Ault Hootsell III
BANKRUPTCY AND CREDITORS' RIGHTS
Our bankruptcy and creditors' rights practice boasts extensive experience in bankruptcy, commercial transactions, creditors' rights and state insolvency law, as well as the interplay of those areas with litigation, business, property, and environmental law. Our practice group represents clients before bankruptcy courts nationally, including the handling of matters before bankruptcy courts in Alabama, Arkansas, California, Delaware, Florida, Georgia, Indiana, Kansas, Louisiana, Mississippi , Missouri, New Jersey, New York, Pennsylvania, Tennessee, and Texas.
In bankruptcy, we have acted as debtor's counsel and committee counsel and have represented numerous secured and unsecured creditors. Most recently, we have acted as debtor's counsel in the Chapter 11 filing of a regional grocery chain, one of the largest privately held companies in the United States. From the creditor's side, we provide counseling and representation to financial institutions and other parties doing business with financially distressed companies, as well as with bankruptcy trustees and debtors-in-possession. Our representation of creditors has included representing numerous corporate and individual clients in the largest fraudulent conveyance action ever filed in the State of Louisiana, consisting of claims in excess of $100 million.
A significant portion of our practice also includes the enforcement of creditors' rights in the non-bankruptcy context for both regional and national clients, including the drafting of leases, commercial contracts and related documents, the enforcement of debt instruments, the enforcement of statutory and contractual lien rights and security interests, actions on guaranty contracts, foreclosure actions, and problem loan/debt workouts.
S Ault Hootsell III
Phelps Dunbar LLP
365 Canal St #2000
New Orleans LA 70130
Tel: 504 584-9371
Fax: 504 568-9130
E-mail: hootsela@phelps.com
Board Certified Specialist in Business Bankruptcy - American Board of Certification
Service Areas
- Bankruptcy and Creditors' Rights
- Commercial Litigation
- Construction
Ault is a partner in, and past practice coordinator of, the commercial litigation group in the New Orleans office. For more than 20 years, he has counseled corporate and individual clients on a full range of disputes. A significant portion of Ault's practice is in the area of bankruptcy and creditors' rights law. He is Board Certified at both the national and state level in the area of business bankruptcy, and is the current Chairman of the Bankruptcy Committee of the New Orleans Bar Association. Ault is among a select group of lawyers recognized in the category of Bankruptcy/Restructuring, listed in a nationwide client survey published in Chambers USA, America's Leading Lawyers for Business. He is also recognized as a leading practitioner in the areas of Bankruptcy/Creditor-Debtor Rights Law and Business Litigation in The Best Lawyers in America and Super Lawyers, respectively.
Ault's multi-state practice includes the handling of complex commercial and tort litigation matters. He handles disputes in both federal and state court, including products liability disputes, contract and lease disputes, construction disputes, supplier disputes, surety matters, intellectual property disputes, torts, lender liability, director and officer matters, insurance regulatory matters, franchisor/franchisee disputes, and the protection and enforcement of debtor's and creditors' rights generally in the non-bankruptcy context.
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