Elliot Smith has a broad-based corporate and litigation practice focusing on business insolvency, restructuring, distressed lending and investing, and creditor’s rights matters.
In the non-bankruptcy context, Elliot advises clients regarding strategies for proactively responding to customer or supplier financial distress and managing related risk and credit exposure; exercising rights and remedies under the Uniform Commercial Code; structuring acquisitions to protect against insolvency and related risks; and strategies to address future insolvency risk at the contract negotiation stage.
In the bankruptcy context, Elliot advises Chapter 11 debtors, executive management teams, official committees of unsecured creditors, secured lenders, secured and unsecured creditors, commercial landlords, asset purchasers, preference defendants and other parties in interest.
Elliot’s insolvency experience extends across a variety of industries, including steel, mining, automotive, restaurant, retail, e-commerce, manufacturing, senior living, and oil and gas.
Elliot has written and lectured on various bankruptcy and restructuring topics, and has had his analysis and commentary published in numerous industry publications, including Bankruptcy: Law360, The Bankruptcy Strategist, Norton Bankruptcy Law Advisor and the Pratt Journal of Bankruptcy Law. Elliot is also a regular contributor to the Squire Patton Boggs eSquire Global Crossings blog, which analyzes and discusses current restructuring matters and case law developments. In addition, he co-authored portions of a treatise on bankruptcy law concerning the rejection of collective bargaining agreements under section 1113 of the Bankruptcy Code.
Elliot was selected as a member of the Next Generation Program of the National Conference of Bankruptcy Judges, Class of 2012, which recognizes 40 up and coming bankruptcy practitioners with five to 10 years of experience. He has been consistently recognized in Ohio Super Lawyers – Rising Stars, a listing of the top 2.5% of lawyers in the state age 40 or younger, or in practice 10 years or less. He is also recognized in The Best Lawyers in America 2016 and 2017 in the areas of Bankruptcy, Creditor Debtor Rights/Insolvency and Reorganization Law.