Liz Boydston brings deep bankruptcy and litigation experience to her practice, navigating complex Chapter 11 cases, commercial litigation, and workouts across the United States.

She represents a wide spectrum of clients in the health care, energy, financial, and real estate sectors. These include public and private entities; hospitals and health care providers; funds and financial institutions; municipalities; public oil and gas development companies; property developers; retailers; plan, litigation, and court-appointed trustees; and multinational corporations. Liz guides clients through high stakes restructuring, insolvency, and litigation matters with a strategic and steady hand.

Liz also has significant experience defending investors in major Ponzi scheme litigation, including matters involving alleged schemes valued at up to $3.6 billion in both receivership and bankruptcy contexts. She previously served as a law clerk to Chief Bankruptcy Judge Bill Parker of the U.S. Bankruptcy Court for the Eastern District of Texas.

Liz is a leader in bankruptcy law across the country and in the Dallas legal community, volunteering her time as an organization leader and mentor, as well as a long-time moot court coach for students.

experience

HEALTH CARE

  • DIP Counsel to CIBC Bank in Ch. 11 case of South Hills Operations, LLC and its 21 affiliated debtors.
  • Counsel to Eden Senior Care, LLC as DIP Lender and Stalking Horse Bidder in Ch. 11 case of Pottsville Operations, LLC and its 10 affiliated debtors.
  • Debtors’ Counsel to PM Management Killeen and its affiliates (skilled nursing and assisted living facilities).
  • Reorganized Debtors’ Counsel to Senior Care Centers, LLC (skilled nursing facilities with assisted living and rehabilitation services).
  • Debtors’ Counsel to Edgemere Senior Living (senior and independent living).
  • Debtors’ Counsel to Adeptus Health Inc., 140 Ch. 11 debtors who operated full-service, for-profit hospitals and emergency rooms across the U.S.
  • Counsel to purchaser and operator of Home Health Agencies in California.
  • Represented emerged national health care organization as Reorganized Debtors’ counsel in daily operations, claims administration, health care transactions, real estate negotiations, and government investigations.
  • Counsel to radiology centers in acquisition.
  • Counsel to Unsecured Creditors’ Committee in Orianna Health Systems, 135 Ch. 11 debtor case.
  • Reorganized Debtor’s counsel to non-profit hospital.
  • Represented hospital municipality in contentious bankruptcy litigation involving more than $110 million in outstanding debt and rent due from debtor.
  • Debtor’s counsel to a Texas physician’s hospital.
  • Represented non-profit hospital in litigation against medical billing and coding provider.
  • Represented DIP Lender to group of senior housing debtors.
  • Represented purchaser of a hospital through a Section 363 sale.
  • Represented the board of a continuing care retirement community.
  • Represented one of the largest pharmaceutical manufacturers as a creditor and supplier.
  • Represented Official Resident Committee in senior housing and continuing care.
  • Represented Retirement Committee in bankruptcy case.
  • Represented Unsecured Creditors Committee in large national dental practice.

RETAIL & FRANCHISE

  • Represented global food service franchisor in leasing portfolio management.
  • Represented global franchisor in franchisees’ bankruptcy matters.
  • Debtors’ Counsel to DFW Alamo Drafthouse and its affiliated debtors.
  • Debtors’ Counsel to Lucky’s Market Parent Company, LLC and 22 affiliated debtors in Ch. 11 cases in Delaware.
  • Debtors’ Counsel to Tommy’s Boats and its affiliated debtors.
  • Represented numerous franchisees in out-of-court restructurings and preparation for Ch. 11 bankruptcy cases.

ENERGY

  • Debtors’ Counsel in the Ch. 11 bankruptcy cases of PetroShare Corp. and CFW Resources, LLC.
  • Counsel to environmental class action plaintiffs in Talen Energy bankruptcy.
  • Counsel to ERISA class plaintiffs in Talen Energy bankruptcy.
  • Counsel to Unsecured Creditors Committee in EP Energy Corporation’s Ch. 11 bankruptcy cases.
  • Conflicts counsel to Creditors’ Committee in the Ch. 11 bankruptcy cases of Southland Royalty Company, LLC.
  • Debtors’ counsel to publicly traded crude oil and natural gas development companies.
  • Represented DIP Lender, Senior Secured Lender, Equity Holder, and Stalking Horse Bidder in 75 Ch. 11 debtor case where the debtors operated an international fuel supply and storage network.
  • Represent national financial institutions in numerous oil and gas exploration, upstream, midstream, and downstream.
  • Debtor’s counsel to a publicly traded independent oil and gas company and its affiliated subsidiaries.
  • Debtor’s counsel to offshore drilling companies that provided drilling services to natural gas exploration companies.

AVIATION

  • Local counsel and conflicts counsel to Creditors’ Committee in the Ch. 11 bankruptcy cases of Ravn Air Group, Inc., et. al.
  • Represented Alaska-owned refining and fuel marketing company in Peninsula Airways, Inc. (PenAir) Ch. 11 case.
  • Represented global agent in CHC Helicopters, international helicopter bankruptcy case where helicopter operator provides transport to oil and gas platforms worldwide.
  • Represented private, for-profit corporation in national airline bankruptcy case.
  • Represented fuel and parts suppliers in national airline bankruptcy case.

REAL ESTATE

  • Represented Karlin Real Estate and 11 of its affiliates, subsidiaries, and SPEs in 11 bankruptcy cases in Texas and Delaware.
  • Represented real estate inventors, real estate developers, and real estate funds and their SPEs in litigation, loan enforcement, and foreclosures and in the bankruptcy cases of their borrowers.

  • Southern Methodist University Dedman School of Law, J.D., cum laude
  • Baylor University, B.A., magna cum laude

Admissions

Bar Admissions

  • Texas

Court Admissions

  • U.S. Court of Appeals, 5th Circuit
  • Supreme Court, Texas
  • U.S. District Court, Southern District, Texas
  • U.S. District Court, Northern District, Texas
  • U.S. District Court, Western District, Texas
  • U.S. District Court, Eastern District, Texas
  • U.S. District Court, Colorado
  • U.S. Bankruptcy Court, Southern District, Texas
  • U.S. Bankruptcy Court, Northern District, Texas
  • U.S. Bankruptcy Court, Western District, Texas
  • U.S. Bankruptcy Court, Eastern District, Texas

  • Girls Just Wanna Have Funds (GJWHF)
  • International Women’s Insolvency & Restructuring Confederation (IWIRC)
  • American Bankruptcy Institute (ABI)
  • Texas Bankruptcy Bench Bar 2023, Planning Committee
  • Turnaround Management Association Network of Women (TMA NOW)
  • Texas State Bar
  • Dallas Bar Association

  • Super Lawyers in Bankruptcy, 2020-2025, Rising Stars, 2014-2020
  • Global M&A Americas Rising Star Dealmaker, 2021
  • Named to D Magazine’s Best Lawyers in Dallas list, Bankruptcy & Workout, 2021
  • American Bankruptcy Institute 40 Under 40, 2020
  • Turnaround Atlas Award for Private Equity Turnaround for Adeptus Health Bankruptcy, 2018
  • Best Lawyers Under 40, 2019, D Magazine
  • WE LEAD (Women Empowered to Lead) program, 2018
  • Up-And-Coming 50: Women Texas Rising Stars, 2017-2020
  • Up-And-Coming 100: Texas Rising Stars, 2017-2020

  • Tomato gardening: I had 85 heirloom tomato plants in 2025 and grew tomatoes as big as 1 lb., 14.5 oz. My goal is a 2 lb. tomato.
  • In 2023, I had my first clarified cocktail. Now I travel to sip them in the Top 50 Cocktail Bars of the World.
  • Dachshunds: I have two, and I collect and seek out unique dachshund art during my travels.