Steeg Law’s bankruptcy litigation team combines experience, thoughtful strategy, and a practical approach to overcoming the challenges our clients in New Orleans and throughout Louisiana typically encounter in bankruptcy proceedings. The firm has particular expertise in the intersection of bankruptcy law and real estate, including issues such as lien priority in bankruptcy, reorganization of real estate ventures, and leasing and executory contract issues in Chapter 11 proceedings.

In the combative world of litigation, Steeg Law has a reputation for coming up with solutions that achieve what our clients are trying to accomplish without spending money unnecessarily. We are highly aware of our client’s needs and interests. So, from the beginning we are looking for ways to resolve the dispute on terms that make sense for our client.

Representative Claims and Issues

• Avoidance actions
• Bankruptcy and reorganization
• Claim objections
• Discharge and dischargeability challenges
• Executory contract issues
• Fraudulent transfer actions
• Involuntary bankruptcy petitions
• Plan confirmation objections
• Preference actions
• Stay relief motions
• Subordination actions

Representative Cases

• Established priority of bank mortgage on Lake Charles, Louisiana, shopping center against the claims of other creditors in bankruptcy, enabling bank to enforce mortgage successfully
• Represented lender in two related apartment complex bankruptcies, fending off claims attempting to defeat lender’s priority and leading to confirmation of favorable reorganization plan
• Successfully defended seller of property to debtor against claims that escrowed funds to cover debtor’s indemnity obligations should be brought into bankruptcy estate
• Successfully defeated debtors’ objections under section 502(b)(3) of the Bankruptcy Code to tax reimbursement claims filed by parent partnership in debtors’ bankruptcies
• Defeated claim by mortgagee against client’s property by establishing that mortgage had been stripped from property via an earlier bankruptcy sale