Overview

Laura Appleby represents clients in all aspects of complex bankruptcy proceedings, out-of-court restructurings and distressed transactions. She has experience representing bondholders, indenture trustees, financial institutions and other creditors in special situations. Every situation is unique, and Laura’s experience with a broad range of industries and entities enables her to guide clients through all aspects of the restructuring and insolvency process. Laura has provided advice with respect to corporations and other for-profit business organizations, nonprofit entities and municipalities.

Restructuring Counsel

Laura advises clients on sophisticated restructurings, including those in connection with:

  • Chapter 11 bankruptcy proceedings
  • Distressed investment opportunities
  • Section 363 sales
  • UCC Article 9 sales
  • Consensual foreclosures
  • Event-driven acquisitions

 She has experience representing clients in many industries, including:

  • Agriculture
  • Chemical
  • Financial services
  • Health care and related services
  • Mining
  • Nonprofits
  • Retail
  • Senior living facilities
  • Transportation

In addition, Laura counsels clients with respect to issues surrounding municipal distress and insolvency.

Laura served a clerkship with the Honorable Victor J. Wolski, of the U.S. Court of Federal Claims. Prior to attending law school, she was a legislative assistant and director of correspondence for U.S. Senator Peter G. Fitzgerald (Ret.).

Experience

  • Represented secured lender and debtor-in-possession financier in Chapter 11 bankruptcy proceeding and acquisition of a coal company.
  • Represented securities industry association in drafting and filing amicus briefs with the U.S. Supreme Court and the U.S. Court of Appeals for the First Circuit in relation to Title III proceedings of Puerto Rico and its instrumentalities.
  • Represented ad hoc bondholder group in connection with Chapter 7 bankruptcy proceeding.
  • Represented indenture trustee in Chapter 11 bankruptcy proceeding involving a nonprofit entity leading to the restructuring and reissuance of underlying conduit bond financing.
  • Represented a bondholder in the restructuring of a bond transaction through a conduit issuer involving a non-profit entity.
  • Represented purchasers of senior living facilities in section 363 auction processes.
  • Represented a potential purchaser in a section 363 auction involving a global chemical company that was a debtor in a Chapter 11 proceeding.
  • Represented financial institutions and indenture trustees in complex Chapter 11 proceedings, including with respect to appeals before the U.S. Court of Appeals for the Second Circuit and the U.S. Court of Appeals for the Ninth Circuit.
  • Represented creditors in connection with sewer debt before and during the Chapter 9 filing by Jefferson County, Alabama.

Credentials

Bar Admissions

Illinois
New York

Court Admissions

U.S. Supreme Court
U.S. Court of Federal Claims
U.S. Court of Appeals for the First Circuit
U.S. Court of Appeals for the Second Circuit
U.S. Court of Appeals for the Ninth Circuit
U.S. District Court for the Eastern District of New York
U.S. District Court for the Northern District of Illinois
U.S. District Court for the Southern District of New York

Education

University of Michigan Law School
J.D. Michigan Telecommunications and Technology Law Review - Editor-in-Chief (2007)

University of Illinois at Urbana-Champaign
B.S. (2001)

Insights & Events

Other Perspectives

Publications

  • Author, “Vigilant Monitoring Can Provide Long-Term Protection Against Bankruptcy Customers,” Business Credit Magazine. November/December 2019.
  • Co-Author, "First Circuit Panel Upends Protections Available to Special Revenue Bondholders," Pratt's Journal of Bankruptcy Law. July/August 2019.
  • Co-Author, "Appeal of a Municipal Plan of Adjustment Held to Be Equitably Moot by the Ninth Circuit," The Banking Law Journal. July/August 2019.
  • Co-Author, "Second Time's a Charm: First Circuit Finds That Financing Statement Amendments Saved Defective Collateral Description," The Banking Law Journal. July/August 2019.
  • Co-Author, "Opportunistic Investors' Drive to Accelerate Termination of a CDO Hits a Dead End," Real Estate Finance Journal. Spring 2019.
  • Co-Author, "Sixth Circuit Weighs in on the Meaning of 'Governmental Unit,'" Pratt's Journal of Bankruptcy Law. January 2019.
  • Co-Author, "More Cautionary Tales in Puerto Rico's Restructuring," Pratt's Journal of Bankruptcy Law. November/December 2018.
  • Co-Author, "SDNY Decision Could Inject Uncertainty into 363 Sales," Law360. October 11, 2018.
  • Co-Author, "A Valuable Precedent on Bankruptcy Vote Designation," Law360. June 11, 2018.
  • Co-Author, "Municipalities in Distress? How States and Investors Deal with Local Government Financial Emergencies," Chapman and Cutler LLP. 2016 (2d).
  • Co-Author, "The Bankruptcy Eligibility of Quasi-Government Entities," Law360. February 5, 2018.
  • Co-Author, "Puerto Rico Court Recognizes Limit to Bankruptcy Code's Statutory Lien Definition," Westlaw Journal Bankruptcy. October 5, 2017.
  • Co-Author, "Credit Bidding: Has the 'Fisker' Threat Subsided?" Pratt's Journal of Bankruptcy Law. November/ December 2016.
  • Co-Author, "Equitable Mootness in the Municipal Bankruptcy Context," Law360. October 21, 2016.
  • 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 Circuit 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, “Strategies and Limitations of Sponsor Buybacks,” American Bankruptcy Institute Journal. January 2014.

Speeches and Programs

  • Panelist, "Discussion of Particular Challenges Faced in a Secured, Cross-Border Financing," ACIC Fall Annual Meeting and Education Conference. October 17–18, 2019.
  • Panelist, "Recent Developments in Revenue Pledge and Lien Status," The Bond Buyer's Midwest Municipal Market Conference. June 5, 2019.
  • Panel Moderator, "Health Care Restructuring," 2019 TMA NOW Summit. May 7, 2019.
  • Panelist, "Everything You Always Wanted to Know about Muni Workouts, But Were Afraid to Ask," Municipal Analysts of New York. April 12, 2019.
  • Panel Moderator, “Business and Networking,” 2017 TMA NOW Summit. May 16, 2017.
  • Panelist, “Hot Topics Affecting Secured Creditors in Bankruptcy Proceedings,” ACIC CLE Webinar. December 8, 2016.

Leadership & Community

Professional Associations

  • American Bankruptcy Institute
  • National Federation of Municipal Analysts
  • Turnaround Management Association

Honors

  • American Bankruptcy Institute — "40 under 40" Honoree, 2018

Awards Methodology

The Faegre Baker Daniels website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Baker Daniels' cookies information for more details.