Lynn Holbert is an experienced insolvency lawyer.
She focuses on insurance company rehabilitation, supervision and liquidation, federal bankruptcy cases, and out-of-court financial restructurings and advice related to mergers and acquisitions, regulatory matters and commercial disputes.
She connects the transactional aspects of business with solutions to the insolvency issues to best serve her clients.
She has represented major insurers through times of growth and rehabilitation. She has also advised reinsurers and cedents regarding the exercise of contractual rights in insolvency situations and advised financial guaranty associations to resolve sub-prime debt guarantees. Her experience also includes advising companies on the insolvency concerns that arise in the sale of insurance and reinsurance companies, as well as blocks of insurance and reinsurance business and assertion of claims in insurance rehabilitation and liquidation cases. She has also represented both creditors and debtors in major Chapter 11 cases and related litigation as well as foreign receivers in ancillary cases and in litigation in the United States under both old Section 304 and new Chapter 15 of the Bankruptcy Code.
Lynn’s wealth of experience enables her to quickly predict all sides of a problem and derive sophisticated, on-target resolutions for her clients. She brings to the negotiation table and courtroom her enthusiasm, as well as technical knowledge and skill.
Prior to joining Eversheds Sutherland, Lynn worked as counsel in the Business Restructuring and Insolvency practice of a major global law firm and as counsel in the New York office of another prominent law firm.
Latest Insights
- legal updatesUS Supreme Court weighs in on insurer rights in bankruptcy
- legal updatesFTX files for Chapter 11 bankruptcy
- Advised Assured Guaranty regarding treatment of complex offset rights held as reinsurance creditor in the rehabilitation of Financial Guaranty Insurance Co.
- Advised ACA Financial Guaranty in the commutation of its credit default swap and related collateralized debt obligation exposures.
- Advised Norwegian Airlines regarding strategic implications of choices of forum for reorganization proceedings, including US chapter 15 proceedings, and impact on litigation against Boeing related to AirMax purchases.
- Advised the special committee of the board of directors of Ohio National Mutual Holdings, Inc. in connection with the successful resolution of certain long-term liabilities through a sponsored demutualization transaction with Constellation Insurance Holdings.
- Serving as special counsel to ExpressJet Airlines, LLC in its chapter 11 efforts to maximize and sell its existing assets pursuant to bankruptcy code section 363, evaluate potential avoidance actions, and manage obligations to employees and to the US Treasury, which provided Payroll Support Payment loans during the pandemic.
- Colorado
- District of Columbia
- Louisiana
- New Jersey
- New York
- B.A., Colby College
- J.D., Rutgers University School of Law