Susan Ehlers is a member of the firm’s Financial and Real Estate Services practice group. For a variety of industries, she serves creditors—both secured and unsecured—and debtors inside and outside of the Chapter 11 environment.
Counseling corporations, utilities, airports, financial institutions and private equity firms, Susan develops the most appropriate business solutions based on the clients’ needs and goals. She strategically helps resolve novel and difficult issues in restructurings, out-of-court workouts, collections, asset sales, escrow agreements, forward contracts, close-out agreements, third party sales and foreclosure sales under the Uniform Commercial Code. Susan also represents organizations who find it advantageous to purchase assets or sometimes entire companies out of bankruptcy.
Acting as debtor counsel, Susan guides in the restructuring of finances and works closely with creditors and other parties to the bankruptcy in creating a quick solution. As creditor counsel, she strives to increase creditors’ returns on troubled loans and maximize the value of their collateral. Susan has represented creditors in some of the largest bankruptcies in the country including Lehman Brothers Holdings, Inc., Solutia, Inc., Enron, Entergy, TWA, Delta Air Lines, Northwest Airlines, Frontier Airlines and Bridge Information Systems.
As the rate of insolvencies rise due to current economic conditions, Susan proactively works with companies attempting to avoid or delay bankruptcy proceedings. In these matters, she offers sale opinions, negotiates amendments to lease issues and builds in bankruptcy protection by way of escrow agreements and rate relief.