Lauren Newman

Partner

Direct (312) 580-2328

Fax (312) 782-3659

Overview
Affiliations
Matters
Publications
Speeches

Lauren Newman practices in Thompson Coburn’s Financial Restructuring Group. She has over 25 years of experience in bankruptcy, insolvency and creditor’s rights, and has represented lenders, trade creditors, and secured and unsecured creditors both in and out of bankruptcy proceedings.

Her practice focuses on creditor's rights litigation, in which she has litigated numerous disputes in both the district courts and court of appeals, including:

- Mortgage Foreclosures and Workouts
- Objections to confirmation of plans of reorganization
- Automatic stay litigation
- Bankruptcy fraud litigation
- Claim objection proceedings
- Bankruptcy appeals
- Forbearance agreements

Chicago Bar Association, Bankruptcies and Reorganization Committee

The American Bankruptcy Institute

The Turnaround Management Association

Represented bank in workout involving $16.6 million dollar secured debt on an insolvent shipping company which resulted in the successful sale of the bank's debt.

In litigating bank client's objection to tool and die cast company's proposed Plan of Reorganization, obtained payment in full for the bank through sale of debtor's assets.

Automatic stay litigation on behalf of lenders, equipment lessors, auto dealership finance companies, and mortgage lenders.

In bankruptcy case in Delaware, successfully prosecuted motion to dismiss a preference action, resulting in complete dismissal of case against client.

Successfully defended objection to a claim based on a million dollar mechanic's lien. On appeal, the District court agreed that federal law did not preempt state law lien rights on federal construction projects.

Handled numerous bankruptcy appeals to the District Court and the Court of Appeals.

How the World Has Changed: Troubled Mortgage Loans Prior to Acceleration Practicing Law Institute, Commercial Real Estate Financing 2009 (March, 2009)

Troubled Loans, Workouts and Enforcement Strategies Practicing Law Institute, Commercial Real Estate Financing 2008 (March, 2008)

Before You Pull the Trigger: Strategies for Loan Workouts Practicing Law Institute, Ninth Annual Commercial Real Estate Institute (March, 2007)

Insider and Affiliate Guarantees Under Preference and Fraudulent Transfer Laws Minnesota Institute of Legal Education: Financial Institutions Law (1990)

"Practical Solutions to Defaults: A Basic Guide to Workouts, Remedies and Enforcement" Equipment Leasing Financing Association Legal Forum (May, 2008)

"Litigation Skills-Consumer: Valuation, Evidence, Burden of Proof" American Bankruptcy Institute, 14th Annual Central States Bankruptcy Workshop (June, 2007)

"Bankruptcy: A Comprehensive Updated Study of Bankruptcy Materials and Legal Information" National Association of Credit Managers - Midwest, Three-Part Seminar (March & April, 2007)

"Dealing with Distressed Companies" Institute of Management Education, Audio Conference (May, 2006)

Education

Saint Louis University School of Law: J.D. (1982)
Washington University in St. Louis: A.B. (1979); Pi Sigma Alpha; National Political Science Honor Society