Elizabeth Flaagan focuses her practice in the areas of bankruptcy, financial restructuring and creditors' rights. She is certified as a business bankruptcy specialist by the American Bankruptcy Institute's board of certification.

Elizabeth represents lenders, trustees, creditors' committees, vendors and asset purchasers in bankruptcy cases involving complex commercial issues, including matters that involve cross-border and other multijurisdictional proceedings.

Elizabeth has represented creditors in such cases as Blockbuster, Broadstripe, Chrysler, Charter Communications, DBSI, Hawaiian Telcom, Village Homes, Shane Co., Tronox, Pilgrim's Pride, Delphi, Adelphia, WorldCom, Genuity, Enron, Farmland Foods, Village Homes and Vlasic. Elizabeth also represents receivers and secured lenders in State Court receivership actions. Representative engagements include:

• Representation of regional telecommunications providers in more than 40 telecommunications bankruptcy cases across the nation, as a trade creditor, committee member, secured creditor, preference defendant and potential asset acquirer
• Represented the largest senior secured lender in the Chapter 11 bankruptcy case of a large dairy operation, including representation in a subsequent receivership case and UCC foreclosure of all associated personal property
• Representation of one of the largest unsecured trade creditors and a member of the unsecured creditors' committee and subsequent liquidating trust committee in a Chapter 11 case and the subsequent liquidation trust of the largest steel manufacturer west of the Mississippi
• Representation of the senior secured lender in receivership actions involving distressed apartment complexes in Colorado
• Representation of the loan servicer in the workout and receivership of a $22 million loan facility secured by apartment complexes in Texas
• Representation of the agent/nominee in the workout of a $70 million senior secured loan facility secured by water rights
• Representation of the senior secured lender and syndicated loan participant of $72 million debt facilities in the Chapter 11 bankruptcy case of a large home developer/builder
• Represented the DIP lender, senior secured lender and potential asset acquirer in a Chapter 11 case of water park manufacturing entities
• Represented the Official Unsecured Creditors' Committee in the Chapter 11 case of Clearwater Development
• Represented the Receiver and CRO in the receivership and Chapter 11 case of Mountain City Meat Company
• Represented the secured lender in two bank holding company workouts
• Represented secured lender in judicial foreclosure of commercial properties

Elizabeth has also presented numerous seminars on various bankruptcy topics for the American Bankruptcy Institute, the Colorado Bar Association and CLE International and has guest lectured on bankruptcy topics at the University of Denver School of Law.

Honors

• Super Lawyers — Bankruptcy & Creditor/Debtor Rights, 2007-12

Professional Associations

• American Bankruptcy Institute — Advisory Board
• International Association of Restructuring, Insolvency & Bankruptcy Professionals (INSOL)
• Turnaround Management Association
• Faculty of Federal Advocates
• International Women's Insolvency & Restructuring Confederation

Clerkships

• U.S. Bankruptcy Court for the District of Colorado, Hon. Sidney B. Brooks

Presentations

• Ethical Issues in Representing and Sitting on Creditors' Committees
  17^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2012)
• Lenders and Distressed Real Estate
  16^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2011)
• Financing Chapter 11s in Today's Economy
  Moderator, 15^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2010)
• Receiverships and Other Alternatives to Bankruptcy
  14^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2009)
• Supreme Court Cases and Hot Topics
  13^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2008)
• Protecting and Enforcing Second Lien Positions
  12^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2007)
• Case Administration Made Easy Under the New Law: New Changes to
  Chapter 3 of the Code
  11^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2006)
• Strategies for Prosecuting and Defending Preferences
  10^th Annual Rocky Mountain Bankruptcy Conference, American Bankruptcy Institute (2005)