Frost Brown Todd (FBT) attorney Douglas Lutz has been appointed to the Executive Committee of the American Bankruptcy Institute (ABI), the nation’s largest multi-disciplinary organization dedicated to unbiased and nonpartisan research and education on issues related to insolvency. Lutz was named new member of the committee at ABI’s 33rd annual spring meeting in Washington D.C., along with Bankruptcy Judge Eugene Wedoff, Chicago and attorney Damian Schaible of New York.
Lutz, who has played an active role in ABI for the past decade and has been on the Board of Directors since 2012, is also the former chair of FBT’s Bankruptcy and Restructuring practice group. He focuses his law practice on financial restructuring and regularly represents clients in multi-million dollar bankruptcy cases and out-of-court workouts. He also represents purchasers of businesses and business assets from financially distressed companies. Lutz has been recognized for his contributions to the field of bankruptcy and restructuring law with inclusion in multiple editions of Chambers USA® (America’s Leading Lawyers for Business), Ohio Super Lawyers® and Rising Stars, The Best Lawyers in America®, and AV® Rated by Martindale-Hubbell®.
ABI was founded in 1982 to provide congressional leaders and the public with nonpartisan reporting and analysis of bankruptcy regulations, laws and trends. With a membership of more than 12,000 inter-disciplinary professionals represented by lawyers, judges, accountants, auctioneers, bankers, lenders, professors and others, it serves as a forum for exchange of information and ideas. Through 18 committees covering all aspects of restructuring and insolvency law, it provides its members with conferences, continuing education programs, legal research, and networking opportunities. It also produces information through articles, blogs, webinars and presentations, and in addition holds 35 conferences annually in the United States, Europe and Asia. The highly anticipated Final Report and Recommendations, produced by the ABI-funded Commission to Study the Reform of Chapter 11, was released last December. The Commission was established in response to a general consensus among restructuring professionals that bankruptcy and restructuring laws needed to be reevaluated due to the many changes that have occurred since the enactment of the Bankruptcy Code in 1978.