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USA Guide 2022

Ranked in 1 Practice Areas
2

About

Provided by Stewart F Peck

Practice Areas

Stewart Peck has more than 45 years of experience in multiple legal areas including bankruptcy, restructuring, and creditors’ rights; admiralty and maritime; marine finance and vessel documentation; asset-based finance; litigation, corporate, and commercial law; and oil and gas. He has handled complex Chapter 11 reorganizations, either as lead debtor’s counsel or UCC counsel. He has handled major business transactions, and complex Chapter 11 reorganizations, either as lead debtors’ counsel or UCC counsel.

Career

Peck has been lead trial and appellate counsel in over 80 reported cases in the federal and state courts. He has participated in oral argument before the United States Court of Appeals for the Fifth Circuit 19 times, as well as before the United States Court of Appeals for the Fourth Circuit, the Louisiana Supreme Court, and the Louisiana Courts of Appeal. Mr. Peck has handled substantial mergers and acquisitions. He is also presently acting or has previously acted as debtor’s lead counsel or creditors’ counsel in a number of Chapter 11 bankruptcies involving companies operating in and outside of the Gulf Coast region. These cases include a number of relatively large reorganizations, including Torch Offshore, Inc., Bender Shipbuilding & Repair Co., Inc., Gulf Fleet Holdings, Inc., Trico Marine Services, Inc., Force Energy, Inc., and Borders Group, Inc. He acts as general counsel to a number of regional businesses in providing counsel and his legal expertise.

Publications

- Stewart F. Peck, "When is Involuntary Bankruptcy an Option?" Blog, October 12, 2015

- Stewart F. Peck and David B. Sharpe, "What is a Vessel?: Implications for Marine

Finance, Marine Insurance, and Admiralty Jurisdiction," 89 Tul. L. Rev. 1103 (June 2015)

- Stewart F. Peck, “Navigating the Murky Waters of Admiralty and Bankruptcy Law,” 87 Tul. L. Rev. 955 (June 2013)

- “Taking Advantage of the Louisiana Oil Well Lien Act (LOWLA),” July 10, 2009

- “Recent Developments in Bankruptcy: An Analysis of Bankruptcy Issues in 2008,” December 30, 2008

- “Chapter 11: Dangers, Defenses, and Strategies for Creditors,” April 2, 2003

- “Bankruptcy: A Creditor’s Perspective in Louisiana,” April 23, 2002

Work Highlights

- Debtors’ Lead Counsel for Gulf Fleet Holdings, Inc., as well as 10 of its subsidiaries and affiliates in Chapter 11 with over $35,000,000 in assets and approximately $65,000,000 in claims

- Debtor’s Lead Counsel for Bender Shipbuilding & Repair Co., Inc. in Chapter 11 with over $100,000,000 in assets and $100,000,000 in claims

- Debtor’s Lead Counsel for Torch Offshore, Inc. in a Chapter 11 proceeding with over $125,000,000 in claims and $100,000,000 in assets

- Debtor’s Lead Counsel for East Cameron Partners, LP in Chapter 11 proceeding with assets of over $100,000,000 and debt of approximately $185,000,000

- Debtor’s Lead Counsel for Conmaco/Rector, LP in a Chapter 11 proceeding.

- Debtor’s Lead Counsel for Sun Drilling Products Corporation in Chapter 11 Bankruptcy Case

- Lead or Special Unsecured Creditors’ Committee in the Chapter 11 Bankruptcy Cases of Saratoga Resources, Inc., Trico Marine Group, Force Energy, Equinox Energy, Virgin Oil Company, Inc., as well as others

- Representation of Citicorp North America, Inc. in the foreclosure of Oakwood Mall, a shopping mall in metropolitan New Orleans

- Represented Secured Creditors in numerous Chapter 11 Bankruptcy Cases

Awards

Louisiana Super Lawyers Top 50 Recognition

Super Lawyers

2022

Louisiana Super Lawyer

Super Lawyers

2022

Best Lawyers in America in the fields of maritime law and bankruptcy and restructuring

Best Lawyers in America

2022

Top Lawyers

New Orleans Magazine

2021

AV Preeminent Rating

Martindale-Hubbell

2022

Education

Tulane University Law School, Order of the Coif

J.D.

1977

Kenyon College, magna cum laude

B.A.

1974

Chambers Review

Provided by Chambers

USA

Bankruptcy/Restructuring - Louisiana
2
Band 2

Stewart Peck is noted for his impressive creditor and debtor representation in bankruptcy proceedings. He has particular emphasis on representing clients in the oil and gas sector.
"He has an impressive reputation for his creditor-side representation."

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