Elizabeth Lee Thompson

Liz Thompson's practice focuses on creditors' rights, bankruptcy, and business litigation. She works with secured lenders to recover their loans and collateral through workout and forbearance, self-help remedies, state or federal court litigation, or bankruptcy proceedings. She assists secured and unsecured creditors, debtor in possession lenders, creditors' committees, sureties, suppliers, contractors, landlords, utilities, and purchasers of assets in complex commercial bankruptcies, including Chapter 11 and Chapter 12 cases nationally.

She represents equipment and agricultural lenders in state court replevin and collection matters, and parties in state and federal court litigation, including lender liability, mortgage litigation,and other litigation. She also helps asset managers and investment funds identify and purchase commercial and industrial ("C&I") and commercial real estate ("CRE") credit facilities and assists with loan acquisitions and note buying.

Liz has extensive trial experience before state and federal judges in both the Eastern and Western Districts of Kentucky. She also frequently litigates evidentiary hearings before bankruptcy courts in adversary proceedings and contested matters.

She joined the firm in 1995, previously served on its Management Committee, and is head of its Creditors' Rights & Bankruptcy Service Group.

Recent News, Articles & Speaking Engagements

Commencement of Case

ABA Fidelity & Surety Law Committee, May 27, 2021

Chapter 5: Commencement of Case

Surety Aspects of Bankruptcy Law and Practice, American Bar Association, April 2021

Creditors Take Notice: Changes to House Bills 155 and 411

Collecting a Judgment

Webinar, July 8, 2020

Asset Recovery Orders/Replevin Overview & Local Rules

Webinar, June 30, 2020

Proofs of Claim and Adequate Protection

Webinar, June 19, 2020

Hot Bankruptcy Decisions of 2019

Webinar, June 10, 2020

New Bankruptcy Law May Increase Small Business Filings

Information You Need on the COVID-19 Coronavirus

Westmoreland Coal to liquidate, but mines will continue bearing its name

by Ellie Potter, S&P Global Market Intelligence, March 7, 2019

Attorneys: Reopening Alpha bankruptcy case unlikely to impact coal producer

by Ellie Potter, S&P Global Market Intelligence, January 11, 2019

Law Firm Lawyers: Elizabeth Lee Thompson

Chapter 3, Grit, The Secret to Advancement: Stories of Successful Women Lawyers, by Milana Hogan, American Bar Association Commission on Women in the Profession, August 2017

Debtor-In-Possession and Exit Financing

Recent Assignments
Bar Admissions
Pro Hac Vice admission - U.S. Bankruptcy Court for the Eastern District of Virginia
Pro Hac Vice admission - U.S. Bankruptcy Court for the Northern District of California
Pro Hac Vice admission - U.S. Bankruptcy Court for the Southern District of New York
Pro Hac Vice admission - U.S. Bankruptcy Court for the Southern District of Texas
U.S. Court of Appeals for the 6th Circuit
U.S. District Court for the Eastern District of Kentucky
U.S. District Court for the Western District of Kentucky
Firm Leadership

Creditors' Rights & Bankruptcy Service Group, Chair

Management Committee, Past Member

American Bar Association
Kentucky Bar Association
Fayette County Bar Association
American Bankruptcy Institute
Fayette County Women Lawyers Association, Founder and first president
Community Involvement

Northern Kentucky University, Board of Regents, (2021-27; 2010-16)

Central Kentucky International Womens' Insolvency and Restructuring Confederation Board

Women Leading Kentucky Advisory Board

Catholic Action Center, Volunteer

More Than Stites & Harbison

Liz was Shareholder and Vice President of the Lexington office of a commercial law firm. She managed that office and served as senior litigation attorney.

Liz and her husband, J.D. enjoy spending time with their children and grandchildren, playing tennis, and vacationing in Santa Rosa Beach, Florida, and Frankfort, Michigan.


Martindale-Hubbell® AV-Preeminent® Peer Review Rated

Best Lawyers in America®, Bankruptcy & Creditor-Debtor Rights / Insolvency & Reorganization Law (2007-22)

Best Lawyers in America®, Lexington Area Lawyer of the Year for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (2018)

The University of Kentucky Law Alumni Association, Professional Achievement Award (2009)

Certified in Business Bankruptcy by the American Board of Certification

M Hicon 2020
Thompson Best Law2022
Best Lawyers Lawyer Of The Year 2018
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