Lisa P. Sumner 
Partner
Education

Duke University, JD, 1994

University of North Carolina, BA, 1991, magna cum laude

Phi Beta Kappa

Johnston Scholar

Professional and Community Activities

Carolinas Network of the International Women’s Insolvency and Restructuring Confederation (IWIRC), Board of Directors and Programs Chair
North Carolina Bar Association, Bankruptcy Section, Chair of Business Bankruptcy Committee
Carolinas Chapter of Turnaround Management Association, Board of Directors
American Bar Association, Business Law Section, Committee on Business Bankruptcy, Chairperson of the Membership Committee
North Carolina State Bar
South Carolina State Bar
Virginia State Bar

Notable Accomplishments
Jurisdictions Licensed
301 Fayetteville Street, Suite 1900, Raleigh, NC 27601t: 919.783.2869|
P.O. Box 1801, Raleigh, NC 27602-1801f: 919.783.1075|
Lisa practices in the areas of Bankruptcy and Commercial Litigation, and she is the Assistant Leader of our Financial Services Section. She is licensed and has practiced in the federal and state courts in North Carolina, South Carolina, and Virginia.

Representative Experience

  • Represent secured and unsecured creditors, including creditors’ committees, in bankruptcy court on contested matters such as cash collateral, DIP financing, claims objection and lien contests, stay relief, confirmation, and executory contracts
  • Represent creditors and debtors in out-of-court workouts and forbearance agreements
  • Represent bidders and purchasers of assets from a bankruptcy estate as well as debtors or trustees selling assets in bankruptcy
  • Represent creditors in defense of preference actions as well as debtors, trustees or committees in prosecution of avoidance actions
  • Represent banks and other business interests as plaintiff and defendant in commercial litigation including lender liability
  • Significant experience representing agricultural lender in Chapter 11 and Chapter 12 bankruptcy cases

 

Representative Unsecured Creditors' Committee Cases
Fountain Powerboat Industries, Inc. (Chapter 11, EDNC),  NC Power Holdings, LLC (Chapter 11, EDNC), Den-Mark Homes SC, Inc. (Chapter 11, EDNC), South Brunswick Water and Sewer Authority (Chapter 9, EDNC), E-Z Serve Convenience Stores (Chapter 11, MDNC), Unit Dose Solutions (Chapter 11, MDNC), Augusta Tissue Mill (Chapter 11, MDNC), New Course Education, Inc. (Chapter 11, MDNC), Burruss Company (Chapter 11, WDVA)

Presentations
ABA Essentials Podcast - Chapters of Bankruptcy Code, October 2012

Communication Agreement

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