Newark, NJ
The Legal Center
One Riverfront Plaza
Newark, NJ 07102
ph: 973-849-9010
fx: 973-849-2020
{ Photo of Travis  Powers }

Areas of Practice

Admissions

Education

Travis Powers

Associate

Travis advises clients in all aspects of complex insolvency and restructuring under chapters 7 & 11 of title 11 of the United States Code. Through the representation of several multi-national corporations, Travis has been involved in some of the nation’s largest bankruptcy cases. In addition, Travis is an experienced commercial litigator, having represented some of the country’s largest special servicers and financial institutions in large-area commercial foreclosure actions in both state and federal court.

Prior to the practice of law, Travis served in the United States Marine Corps as a Marine One Presidential Helicopter Guard for former United States president Bill Clinton. Also during his Marine Corps service, Travis served as a military policeman stationed in Okinawa, Japan, where he acted as liaison between local police and military personnel on several military installations located throughout the region.

Representative Experience

  • Petters Company, Inc.
  • Petters Group Worldwide, LLC
  • PC Funding, LLC
  • Thousand Lakes, LLC
  • SPF Funding, LLC
  • PL Ltd., Inc.
  • Edge One, LLC
  • MGC Finance, Inc.
  • PAC Funding, LLC
  • Lyman Holding Company
  • Lyman Lumber Company
  • Automated Building Components, Inc.
  • Building Materials Wholesalers, Inc.
  • Carpentry Contractors Corp.
  • Construction Mortgage Investors Co.
  • Lyman Lumber Company
  • Automated Buildings Components, Inc.
  • Building Materials Wholesalers, Inc.
  • Carpentry Contractors Corp.
  • Construction Mortgage Investors Co.
  • Lyman Development Co.
  • Lyman Lumber of Wisconsin, Inc.
  • Lyman Properties, LLC
  • Mid-America Cedar, Inc.
  • Woodinville Lumber, Inc.
  • Woodinville Construction Services, LLC
  • Cornerstone Homes Inc.
  • Peekay Acquisition, LLC
  • Wordsworth Academy
  • In re Turkey Lake, ET AL.
  • In re Simply Gourmet, Inc.
  • In re Tec-Air Inc.
  • America’s largest special servicer in the highly contested foreclosures of over 1 million square feet of real property in Buffalo, New York and 217,000 square feet of real property in Schenectady, New York;  Midwestern private equity and venture capital firm in the foreclosure of multiple parcels of real property in Long Island; global loan group of international wealth management firm in the portfolio of distressed debt involving parcels of commercial real property throughout the Midwest and along the East Coast.

Articles and Publications

Strong Arming Chapter 11: The (In)Validity of “Gifting” in Corporate Reorganization from SPM to DBSD, 2005 Norton Annual Survey of Bankruptcy Law 9 (2011)

Ninth Circuit Finds no General Alter-Ego Cause of Action Under California Law, 30-Mar Am. Bankr. Inst. J. 22 (2011)

Fraudulent transfer Liability under the Uniform Fraudulent Transfer Act: For Statute of Limitations Purposes, is Such Liability Grounded in Fraud of Created by Statute?, 20 Norton J. Bankr. L & Prac. 4 Art. 5 (2011)

Inadequate Shorthand: The Circuit Courts are Split as to whether there is a “Remains Unpaid” Requirement in the New Value Exception to Preference Liability, 22 J. Bankr. L. & Prac. 4 Art. 5 (2013)

 In Pari Delicto Not a Bar to a Bankruptcy Trustee’s Recovery, The Bankruptcy Strategist, Vol. 30, No. 8 (2013)

H.R. Bill 100 Seeks to Amend Title 11 to protect Employee Benefits and Curb Excessive Executive Compensation, ABI Labor and Employment Committee Newsletter, Vol. 9, No. 2 (May 2013)

Post-Petition Exercise of a Trade Vendor’s UCC Rights to Stop Delivery and Demand Cash Payments, ABI unsecured Trade Creditor’s Committee Newsletter, Vol. 11, No. 1 (Feb. 2013)

3rd Circ. Ruling Gives 363 Asset Purchasers More Security, Law360, March 7, 2014

Professional & Community Activities

American Bankruptcy Institute, 2010-Present
Turnaround Management Association, 2015-Present
Turnaround Management Association Programming Committee, 2018 - Present
American Legion, 2014-Present

Honors & Awards

  • 2018 M&A Advisor Turnaround Award Winner: Healthcare/Life Sciences Deal of the Year
  • 2017 National Conference of Bankruptcy Judges Next Generation Participant
  • Editor-in-Chief, Tulsa Journal of Comparative & International Law