Spencer Fane LLP is pleased to announce Elizabeth Lally has joined the Bankruptcy, Restructuring, and Creditors’ Rights Practice Group as a partner in the firm’s Omaha office.
Lally works closely with clients to understand and solve their complex banking and bankruptcy matters. Regularly working with businesses and financial institutions through proactive counsel, litigation, and alternative dispute resolution methods as necessary. She brings a thorough understanding of how to navigate the difficult world of corporate insolvency and restructuring, and her experience includes representing borrowers and lenders in complex financing transactions, debt restructuring, and out-of-court workouts as well as Chapter 7, Chapter 12, and Chapter 11 reorganizations and liquidations. Lally also works with debtors-in-possession and unsecured creditor committees in complex Chapter 11 reorganizations and liquidations, and is a Subchapter V Trustee for Region 12 covering Iowa and South Dakota.
In addition to traditional financial services and bankruptcy matters, Lally represents bankruptcy trustees and other creditors in suspected bankruptcy fraud investigations and all resulting litigation. She has also worked with the FBI and the United States Trustee Program’s Bankruptcy Fraud Program to recover funds for the victims of bankruptcy and wire fraud.
“Elizabeth solves difficult problems and has developed a proven track record of obtaining positive results for clients,” said Joshua C. Dickinson, Office Managing Partner for Spencer Fane in Omaha. “Her vast knowledge of the business world, the financial services industry, and bankruptcy inform her approach to providing high levels of client service, and her collaborative approach to legal work aligns well with our firm’s core values.”
Lally completed her undergraduate studies at Bradley University and later earned her Juris Doctor from DePaul University College of Law.