Lou Strubeck Jr.
Partner
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Lou Strubeck, Co-Chair of O’Melveny’s US Restructuring Practice, has a diverse and sophisticated national practice with an emphasis on representing major parties, including banks, insurance companies, private equity funds, hedge/distressed funds and other large institutional lenders, noteholders, and bondholders in complex commercial restructurings and reorganizations throughout the country.
Lou is lauded by his clients and peers, and has been described as “one of the most talented bankruptcy lawyers in Texas” and “one of the most prominent bankruptcy experts in the United States.” (Chambers USA and Texas Lawbook)
Recent significant matters in which he has been involved and represented major parties include Brazos Electric Cooperative, Boy Scouts of America, National Rifle Association, Chesapeake Energy, Aegean Marine Petroleum, Valaris Group, Danaos Corporation, Gold’s Gym, CHC Helicopters, Adeptus Health, Samson Energy, Sabine Oil and Gas, Quicksilver, Overseas Shipholding Group, EF Holdings, Enron, World Com, Mirant Corporation, Calpine, Dynegy, Pilgrim's Pride, General Motors, Chrysler, North American Petroleum, Vitro, SuperMedia, and ASARCO.
Prior to joining O’Melveny, Lou spent more than three decades working at a global full-service law firm, where he served as global and domestic Head of Financial Restructuring and Insolvency for its US offices.
Honors & Awards
- The Best Lawyers in America, 2019 Lawyer of the Year, Litigation - Bankruptcy, Best Lawyers (2019)
- The Best Lawyers in America, Lawyer of the Year, Dallas: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Best Lawyers (2017)
- The Best Lawyers in America, Best Lawyers (2017 - 2021)
- IFLR1000 – United States, Euromoney Institutional Investor PLC (2021)
- Texas Super Lawyer, Bankruptcy: Business, Thomson Reuters (2003 - 2020)
- Legal 500 USA, Recommended Lawyer, International Litigation; Restructuring (including bankruptcy) - Corporate, The Legal 500 (2016 - 2020)
- The Lawdragon 500, Leading Global Restructuring & Insolvency Lawyers, Lawdragon, Inc. (2020)
- Who's Who Legal, Restructuring & Insolvency, Law Business Research Ltd. (2018)
- Chambers USA, Nationwide: Bankruptcy/Restructuring, Chambers & Partners
- Chambers USA, Texas: Bankruptcy/Restructuring, Chambers & Partners
- Chambers Global, USA: Bankruptcy/Restructuring, Chambers & Partners
- AV Preeminent, Texas Top-Rated Lawyer, Martindale-Hubbell
Admissions
Bar Admissions
- New York
- Texas
Education
- Temple University, J.D., 1983
- College of Charleston, B.A., Political Science and Government, 1980
Professional Activities
Co-Author
- “Introduction to Health Care Bankruptcies: What Makes Health Care Bankruptcies Different and Why to Expect More in 2018,” Fifth Circuit Bankruptcy Bench-Bar Conference (February 22, 2018)
- “Corporate Fiduciary Duties in Times of Financial Distress,” 33rd Annual AIRA Bankruptcy and Restructuring Conference (June 3, 2017)
- “In the Oil Patch, 363 Sales Ain't What They Used to Be,” American College of Bankruptcy Annual 5th Circuit Conference (April 2, 2016)
- “Analyzing Potential Bankruptcies in the Upstream Sector,” Texas Lawyer (March 9, 2015)
Member
- Advisory Board, Contested Issues in Valuation (VALCON)
- Fee Dispute and Judiciary Subcommittee, Dallas Bar Association
- Fellow, American College of Bankruptcy
- Fellow, International Insolvency Institute
- American Bankruptcy Institute
- American Bar Association
- State Bars of New York and Texas
Presenter
- Co-author and presenter, “Introduction to Health Care Bankruptcies: What Makes Health Care Bankruptcies Different and Why to Expect More in 2018,” Fifth Circuit Bankruptcy Bench-Bar Conference (February 22, 2018)
- Presenter, “The Market and Trends Related to Distressed Companies,” NYSE Governance Services Webcast (August 2016)
- Co-author and presenter, “Current State of the Oil & Gas Industry: Recovery or Drilling Down,” AIRA 32nd Annual Bankruptcy and Restructuring Conference, San Diego (June 10, 2016)
In the News
Law360: Brazos Gets Nod On Ch. 11 Plan Docs With ERCOT Deal
September 13, 2022Reuters: Brazos Electric Gets Initial Go-Ahead for $1.4 Bln Energy Bill Settlement
September 13, 2022Houston Chronicle: Electric Co-Op Would Shed Hundreds of Millions Owed to ERCOT from 2021 Winter Storm in Bankruptcy Plan
September 10, 2022The Texas Lawbook: Brazos Electric Bankruptcy Heads to Finish Line
September 8, 2022Dallas Business Journal: Brazos Electric Power Cooperative Nears Deal in Bankruptcy
July 6, 2022Reuters: Brazos Bankruptcy Judge Rejects Arbitration For US$770 Million Contract Claim
June 15, 2022Reorg: Brazos Electric Provides Overview of Potential Securitization Structure at Status Conference
January 18, 2022WSJ Pro Bankruptcy: Texas Co-op Brazos Keeps Control of Bankruptcy Fate, Fending Off Owners
December 15, 2021Reuters: Brazos Electric Seeks Bankruptcy Court Ruling on Winter Storm Energy Prices
October 1, 2021D Magazine: Chicago Battery Charger Maker Moves Headquarters to DFW
July 15, 2021Dallas Business Journal: International law firm leases 25K-SF for first Dallas office
July 14, 2021The Deal: Deal Doctors: O’Melveny Opens Dallas Office
July 6, 2021Law360 Pulse: 4 Questions With O’Melveny Atty Co-Leading Dallas Launch
July 2, 2021WSJ Pro Bankruptcy: O’Melveny Poaches Strubeck To Beef Up Lone Star State Bankruptcy Practice – Market Talk
June 30, 2021Global Restructuring Review: Former Norton Rose Restructuring Chair Joins O’Melveny in Texas
June 30, 2021The American Lawyer/Texas Lawyer: In Further Texas Expansion, O’Melveny Opens Dallas Office With Norton Rose Team
June 29, 2021The Texas Lawbook: Four NRF Partners Open O’Melveny’s Office in Dallas
June 29, 2021Reuters Legal: O’Melveny launches in Dallas with Norton Rose restructuring head
June 29, 2021Law360: O’Melveny Opens Dallas Office With 4 Ex-Norton Rose Attys
June 29, 2021Press Releases
Eighty Five O’Melveny Lawyers Recognized by Best Lawyers in America ® 2023
August 24, 2022O’Melveny Earns Top Rankings in Chambers USA 2022
June 8, 2022Seven O’Melveny Partners Named to D Magazine’s 2022 “Best Lawyers in Dallas” List
April 28, 2022Chambers Global Recognizes 29 O’Melveny Lawyers and 11 Practice Groups
February 25, 2022O’Melveny Adds Distinguished Five-Partner Corporate, Tax Team in Dallas
January 19, 2022Strubeck Named One of Turnarounds & Workouts’ “Outstanding Restructuring Lawyers”
January 6, 2022O’Melveny Furthers Texas Expansion with Arrival of “Rising Star” Trial Lawyer Kristin Cope in Dallas
December 7, 2021O’Melveny Continues Texas Expansion with Addition of Renowned Energy Sector Dealmaker
November 17, 2021O’Melveny Continues Texas Expansion with Arrival of Leading Trial Lawyer Tim Durst in Dallas
September 1, 2021O’Melveny Continues Texas Expansion, Launches Dallas Office
June 29, 2021Alerts and Publications
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