University of Michigan Law School, J.D., 2007
- Editor-in-Chief, Michigan Telecommunications and Technology Law Review
University of Illinois at Urbana-Champaign, B.S., 2001
U.S. Court of Appeals for the Second Circuit
U.S. Court of Appeals for the Ninth Circuit
U.S. District Court, Southern District of New York
U.S. District Court, Eastern District of New York
U.S. District Court, Northern District of Illinois
U.S. Court of Federal Claims
American Bankruptcy Institute
Turnaround Management Association
Judicial law clerk for the Honorable Victor J. Wolski, U.S. Court of Federal Claims, 2007-2008
Laura Appleby is a partner in Chapman's Bankruptcy and Restructuring Group. Laura represents financial institutions, hedge funds, and other creditors in complex Chapter 11 reorganizations, Chapter 9 proceedings, out-of-court restructurings, and distressed transactions. She has experience counseling parties in all aspects of sophisticated restructurings, including in connection with distressed investment opportunities, Section 363 sales, UCC Article 9 sales and consensual foreclosures, and event-driven acquisitions. Additionally, Laura provides advice in connection with potential bankruptcy implications in both corporate transactions and municipal bond offerings.
Laura has advised clients in numerous corporate bankruptcy proceedings, including In re Lehman Brothers, Inc., and In re American Airlines, Inc. Additionally, Laura has represented clients in multiple municipal bankruptcy proceedings, including In re Jefferson County, Alabama, and In re Sierra Kings Health Care District in California. Laura also advises clients, including hedge funds, investment banks and other financial institutions, with issues surrounding all aspects of distressed investing and event-driven transactions.
Laura joined the firm in 2008 after completing a clerkship with the Honorable Victor J. Wolski, of the U.S. Court of Federal Claims.
Prior to attending law school, Laura was a legislative assistant to a U.S. Senator, and advised on issues including agriculture policy and energy policy.
Recent Representative Transactions
Laura’s recent experience includes:
- Representing financial institutions and indenture trustees in complex Chapter 11 proceedings, including In re Lehman Brothers, Inc. and In re American Airlines, Inc., including drafting briefing for the U.S. Court of Appeals for the Second Circuit
- Representing a purchaser in an acquisition from an insolvent Israeli public company a minority equity interest in an owner/operator of gas stations and convenience stores in the United States
- Representing a potential purchaser in a Section 363 auction involving a global chemical company that was a debtor in a Chapter 11 proceeding
- Representing creditors in all aspects of sewer debt before and during the Chapter 9 filing by Jefferson County, Alabama
Laura has written on many bankruptcy topics of relevance to creditors including:
- Co-Author, "Leveraged Lending Guidelines, New Debt Structures and Pitfalls in Bankruptcy," AIRA Journal. Vol. 30 No. 2, 2016.
- Co-Author, "Red or Black? Difficult Decisions Ahead for Atlantic City," Law360. June 23, 2016.
- Co-Author, "11th Circ. Restricts Equitable Mootness," Law360. January 5, 2016.
- Co-Author, "Default Interest in Chapter 11: What Sagamore Partners Means for Lenders," Journal of Taxation and Regulation of Financial Institutions. November/December 2015.
- Co-Author, “The Precedential Value of Sagamore Partners," Law360. July 30, 2015.
- Co-Author, “Legislation Opens a New Chapter for Municipal GO Bondholders in California," Client Alert. July 27, 2015.
- Co-Author, “First Circuit Affirms Invalidity of Puerto Rico’s Public Corporations Debt Enforcement and Recovery Act," Client Alert. July 14, 2015.
- Co-Author, “Strategies and Limitations of Sponsor Buybacks,” American Bankruptcy Institute Journal. January 2014.
- Co-Author, "Municipalities in Distress? How States and Investors Deal with Local Government Financial Emergencies," April 2012.
Honors & Awards
- Named a "Rising Star" by Super Lawyers in 2015