K & L GATES
10100 Santa Monica Blvd.,
Los Angeles, CA 90067
Michael Lubic is a partner resident in the firm's Los Angeles office. He has a broad insolvency practice encompassing litigation, transactions, and counseling in connection with troubled businesses, distressed assets, and complicated commercial frauds. His areas of industry focus include real estate, healthcare, hospitality, automotive, franchise and distribution, retail, insurance, energy, and aviation services.
Mr. Lubic's practice in the areas of insolvency, bankruptcy, creditors' rights and remedies, and transactions involving troubled companies is divided between "in court" work and "out of court" work. The "in court" practice involves representing parties-including debtors, secured and unsecured creditors, creditors' committees, acquirers, and trustees-in connection with bankruptcy cases, as well as representing creditors and debtors in connection with state and federal court proceedings involving creditors' rights and remedies. His work in bankruptcy cases generally involves Chapter 11 business
reorganizations, although he is also experienced in Chapter 7 liquidations, Chapter 9 municipal bankruptcy, and Chapter 13 adjustment of debts. Bankruptcy work includes litigation involving cash collateral, adequate protection, relief from the automatic stay, preferences, fraudulent transfers, dischargeability of indebtedness, and disclosure statement and plan confirmation issues. Other federal and state court work generally involves representing creditors, including victims of fraud and white collar crime, in collecting money or recovering assets. This work also includes issues related to prejudgment remedies, enforcement of judgments, and receiverships.
Mr. Lubic's "out of court" work includes counseling debtors and creditors in "work out" situations; mergers and acquisitions involving troubled companies or distressed assets, including the change of ownership of operating businesses through general assignments for the benefit of creditors; counseling businesses in difficult and crisis situations; business planning and structuring transactions to minimize future insolvency-related risks (particularly technology transactions, energy transactions, and supply chain transactions involving vendors of critical component parts); representing both borrowers and lenders in connection with structured finance transactions and bankruptcy remote entities; and counseling boards of directors and companies in connection with the orderly winding up of businesses, including through general assignments for the benefit of creditors.