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Travis Powers

Associate
+1.973.848.4112
Fax +1.973.848.4001
Travis Powers advises clients in all aspects of complex commercial insolvency and restructuring under chapters 7 & 11 of title 11 of the United States Code, as well as in out-of-court workouts and Assignments for the Benefit of Creditors. Through the representation of several multi-national corporations, Mr. Powers has been involved in several of the nation’s largest bankruptcy cases. In addition, Mr. Powers is an experienced commercial litigator, having represented some of the country’s largest special servicers and financial institutions in large-area commercial real property foreclosure actions in both state and federal courts throughout the country.

Professional Background

Prior to joining the firm, Mr. Powers served as an associate in the restructuring, insolvency and bankruptcy practice groups at two national law firms.

Prior to the practice of law, Mr. Powers served in the United States Marine Corps as a Marine One Presidential Helicopter Guard for former United States President Bill Clinton. Also during his Marine Corps service, Mr. Powers served as a military policeman stationed in Okinawa, Japan, where he acted as liaison between local police and military personnel on several military installations located throughout the region.

Achievements

Mr. Powers is the 2018 M&A Advisor Turnaround Award Winner: Healthcare/Life Sciences Deal of the Year. He was also a 2017 National Conference of Bankruptcy Judges Next Generation participant.

Professional/Civic Activities

  • American Bankruptcy Institute, 2010-Present
  • American Legion, 2014-Present
  • Tulsa Journal of Comparative & International Law, Editor-in-Chief
  • Turnaround Management Association, 2015-Present
  • Turnaround Management Association Programming Committee, 2018-Present

Additional Information

Publications
  • “First Circuit Court of Appeals Clarifies Previous Guidance in Circuit on Committee Rights to Intervene in Adversary Proceedings,” Client Alert, December 7, 2017
  • “3rd Circ. Ruling Gives 363 Asset Purchasers More Security,” Law360, March 7, 2014
  • “H.R. Bill 100 Seeks to Amend Title 11 to protect Employee Benefits and Curb Excessive Executive Compensation,” ABI Labor and Employment Committee Newsletter, Vol. 9, No. 2, May 2013
  • “Post-Petition Exercise of a Trade Vendor’s UCC Rights to Stop Delivery and Demand Cash Payments,” ABI Unsecured Trade Creditor’s Committee Newsletter, Vol. 11, No. 1, February 2013
  • “Inadequate Shorthand: The Circuit Courts are Split as to whether there is a ‘Remains Unpaid’ Requirement in the New Value Exception to Preference Liability,” 22 J. Bankr. L. & Prac. 4 Art. 5, 2013
  • In Pari Delicto Not a Bar to a Bankruptcy Trustee’s Recovery,” The Bankruptcy Strategist, Vol. 30, No. 8, 2013
  • “Strong Arming Chapter 11: The (In)Validity of ‘Gifting’ in Corporate Reorganization from SPM to DBSD, 2005 Norton Annual Survey of Bankruptcy Law 9, 2011
  • “Ninth Circuit Finds No General Alter-Ego Cause of Action under California Law,” 30-Mar Am. Bankr. Inst. J. 22, 2011
  • “Fraudulent transfer Liability under the Uniform Fraudulent Transfer Act: For Statute of Limitations Purposes, is Such Liability Grounded in Fraud of Created by Statute?,” 20 Norton J. Bankr. L & Prac. 4 Art. 5, 2011
  • Representation of Unsecured Creditors’ Committee in Chapter 11 case arising from $3.5 billion Ponzi scheme.
  • Representation of Unsecured Creditors’ Committee and Liquidating Trustee in Chapter 11 case of one of the nation’s largest lumber production companies and its subsidiaries.
  • Representation of Unsecured Creditors’ Committees in several Chapter 11 cases of national and international lifestyle companies.
  • Representation of Debtor and Unsecured Creditor Trustee in Chapter 11 case of personal service provider with locations in 15 states.
  • Representation of Debtor in Chapter 11 of food service provider located in Western New York.
  • Representation of America’s largest special servicer in the highly contested foreclosures of over 1 million square feet of real property in Buffalo, New York and 217,000 square feet of real property in Schenectady, New York.
  • Representation of a Midwestern private equity and venture capital firm in the foreclosure of multiple parcels of real property in Long Island.
  • Representation of the global loan group of an international wealth management firm in the portfolio of distressed debt involving parcels of commercial real property throughout the Midwest and along the East Coast