Creditors' Rights & Bankruptcy
We regularly negotiate and litigate complex issues in the United States Bankruptcy Courts from coast to coast and State and Federal Courts in our region.
Business insolvencies create challenges for lenders, creditors, suppliers, landlords and contract parties. With attorneys in Kentucky, Tennessee, Ohio, Georgia and Indiana, Stites & Harbison's Creditors' Rights and Bankruptcy Service Group works with our clients to find practical solutions for their issues.
The firm's practical experience in workouts, litigation and bankruptcy enables us to promptly and efficiently obtain results for our clients.
"We have dealt with Stites … and the quality of their work and level of expertise of their lawyers is excellent."
Bankruptcy Discharge Trumps PACA, But Does It Really?
In a case of first impression, the 11th Circuit Court of Appeals ruled in Spring Valley Produce, Inc. et al. vs. Forrest, ____ F.3d____(11th Cir. Case Number 21-12133) on August 31, 2022, that the right to a discharge in bankruptcy trumps the longstanding language of the Perishable Agricultural Commodities Act (“PACA”)(7 U.S.C. §499a-499t) which purports to bar bankruptcy relief under theories of fiduciary duties owed to certain sellers of agricultural products.
Stites & Harbison, PLLC Lawyers Named to 2023 Best Lawyers® Publications
LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 98 of its lawyers are included in the 2023 Edition of The Best Lawyers in America©. Additionally, 11 Stites & Harbison attorneys are named as “Lawyer of the Year” and 19 attorneys are recognized in “Best Lawyers: Ones to Watch,” which recognizes attorneys early in their careers for outstanding professional excellence in private practice in the United States.
Local Bankruptcy Rules: Kentucky (E.D. KY)
Bankruptcy attorneys Brian Pollock, Chrisandrea Turner and Elizabeth Thompson discuss Kentucky bankruptcy rules in this Practical Law Practice Note.
Chrisandrea Turner Named Chair-Elect of the Kentucky Bar Association’s Bankruptcy Section
LEXINGTON, Ky.—At the Kentucky Bar Association’s Bankruptcy Law Section annual meeting, Stites & Harbison, PLLC attorney Chrisandrea Turner was named Chair-Elect of the Bankruptcy Law Section. Turner will serve a one-year term.
Local Bankruptcy Rules: Kentucky (W.D. Ky.)
Stites & Harbison attorneys, Brian Pollock, Chrissie Turner and Corey Dunn recently published an article for Thomson Reuters focused on local bankruptcy rules for the Western District of Kentucky.
Chrisandrea Turner Appointed Chair of Stites & Harbison's Creditors' Rights & Bankruptcy Service Group
LEXINGTON, Ky.—Stites & Harbison, PLLC is pleased to announce that attorney Chrisandrea Turner has been appointed Chair of the firm’s Creditors’ Rights & Bankruptcy Service Group.
2022 Issues for Corporate House Counsel CLE Seminar
Louisville office attorneys Matt Breetz and Brian Cromer will be speakers at the Kentucky Bar Association's 2022 Issues for Corporate House Counsel CLE Seminar on April 12, 2022.
Stites & Harbison Adds 19 To Atlanta Team From 2 Firms
Law360 (January 24, 2022, 1:17 PM EST) -- Stites & Harbison PLLC has added 12 Copeland Stair Kingma & Lovell LLP attorneys and all seven of Owen Gleaton Egan Jones & Sweeney LLP's attorneys to its Atlanta office, the firm recently announced.
Supreme Court Rejects OSHA Vaccine Mandate on Private Employers – Allows CMS Healthcare Mandate for Facilities Receiving Medicare/Medicaid Funds
Holding that “[a]lthough Congress has indisputably given OSHA the power to regulate occupational dangers, it has not given the agency the power to regulate public health more broadly,” in a 6-3 decision the Supreme Court of the United States, on January 13, 2022, issued a stay of OSHA’s Emergency Temporary Standard (“ETS”) on vaccination or testing for employers with 100 or more workers.
Kentucky Super Lawyers Honors 37 Stites & Harbison Attorneys for 2022
LOUISVILLE, Ky.—The 2022 edition of Kentucky Super Lawyers recently honored 37 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices. The publication named 29 attorneys to the Super Lawyers list and eight attorneys to the Rising Stars list.
FCBA’s Women Lawyers’ Association Names Elizabeth Lee Thompson as Woman of the Year for 2021
LEXINGTON, Ky.—The Fayette County Bar Association’s Women Lawyers’ Association (FCBA WLA) has named Stites & Harbison, PLLC attorney Elizabeth Lee Thompson as its Woman of the Year for 2021.
Mid-South Super Lawyers®, Rising Stars 2021
NASHVILLE, Tenn.—The 2021 edition of Mid-South Super Lawyers recently honored eight Stites & Harbison, PLLC attorneys. Five attorneys were named to the Super Lawyers list and three were named to the Rising Stars list.
Stites & Harbison Earns 82 Rankings in 2022 “Best Law Firms” List
U.S. News & World Report and Best Lawyers® have released their 2022 “Best Law Firms” rankings. Stites & Harbison, PLLC’s three National Tier 1 rankings include: Litigation – Construction, Litigation – Real Estate, and Trademark Law. The firm’s overall results include 82 metropolitan rankings in six regions.
Knowing When to Walk Away
The law governing the repossession of collateral is similar to Kenny Rogers’ advice in his classic, “The Gambler.” Like the old-time card players in Rogers’ ballad, secured parties who utilize self-help to repossess collateral must know when to walk away . . . and when to run. Indiana, like most states, allows secured parties to use “self-help” to repossess collateral securing a defaulted debt.