Louis T. DeLucia is a member of the firm’s Board of Directors and chair of Ice Miller’s national Bankruptcy & Restructuring Practice, focused on providing clients facing distressed situations with creative, strategic and cost-effective solutions that both minimize risk and maximize areas of potential opportunity and recovery.
Chambers USA reported that “Louis DeLucia offers clients experience in all areas of insolvency, corporate debt restructuring and bankruptcy litigation. His ability to isolate key issues in a case is highlighted by clients as a major asset of his practice.”
Louis represents a diverse group of clients across the country in complex Chapter 11 cases, bankruptcy and creditors’ rights related litigation in state and federal courts, Article 9 secured party remedies, cross-border insolvency proceedings, non-judicial loan restructuring, workouts and other alternatives to the bankruptcy process, and state court asset recoveries and foreclosures.
With substantial experience in securities fraud enforcement actions and receiverships, and as a recognized passionate litigator for the rights of defrauded investors and creditors, Louis was appointed to serve as receiver in one of the largest securities fraud cases brought by the Bureau of Securities of the State of New Jersey, as counsel to the Chapter 11 trustee of four corporate debtors involved in a complex multi-jurisdictional securities fraud scheme, and as counsel to the Creditors’ Committee in a $520 million Ponzi scheme case involving nearly 2000 defrauded investors.
As a founding member of Ice Miller’s Distressed Investment Group (“DIG”), Louis also focuses on distressed investment strategies and transactions, including bankruptcy and in-court restructurings, out-of-court restructurings, and other insolvency-related transactions. He has more than 30 years of experience in advising clients on complex strategic investing in the distressed market, including advising on loan-to-own strategies, debt restructurings, debtor-in-possession and exit financings, claims trading, distressed real estate acquisitions, section 363 sales, rescue capital deployment and other investment situations. For more information on DIG, please see
Ice Miller's Distressed Investments Webpage.
“Louis DeLucia has earned a commendable recognition of his hard work in representing lenders, distressed borrowers and creditors’ committees. Such a broad practice has led to his involvement in cases across the country,” wrote
Chambers USA.
A nationally recognized thought leader, Louis lectures often on bankruptcy and related insolvency matters. He has published articles in leading bankruptcy and banking publications and was a contributing editor to
Banking and Lending Institution Forms on Loan Workouts and is an active member of the American Bankruptcy Institute (ABI), the Turnaround Management Association (TMA), State Bar Associations and related professional organizations.
He is repeatedly recognized in
New York Super Lawyers for bankruptcy.