Lynn Welter Sherman

Overview

Lynn Welter Sherman represents businesses, financial institutions, trustees, creditors, landlords, debtors, committees and other parties in Bankruptcy, Creditor’s Rights, and Reorganization matters. Lynn navigates these clients through all aspects of Chapter 7 and Chapter 11 bankruptcies, out-of-court workouts, loan modifications and restructurings, foreclosures, collection and enforcement of judgments, enforcement of security interests and creditors’ rights litigation.

Lynn has a fondness for challenging cases involving multiple parties with overlapping issues and competing interests. Emphasizing an honest, practical, straightforward approach to her practice, Lynn focuses on reaching the best business outcome for her clients.

In bankruptcy and creditors’ rights matters, clients are looking for a resolution that meets their business and financial objectives. In most cases, the more efficiently the desired outcome can be delivered, the better off clients will be. This means understanding the client’s business needs, providing candid advice concerning the strengths and weaknesses of the client’s position, and assessing realistic outcomes early in the relationship. Clients look to Lynn to assess the lay of the land, analyze the legal and business issues, and get them to the finish line as quickly and cost-effectively as possible.

Lynn also acts as a Mediator in bankruptcy matters.

Representative Matters

• Representation of toxic tort plaintiffs in adversary proceeding to determine whether claims were discharged in prior Chapter 11 proceeding.
• Representation of Chapter 7 Trustee in involuntary bankruptcy of fractional airline.
• Representation of landlord in Chapter 11 litigation concerning lease termination and exercise of right of first refusal.
• Representation of ad hoc committee of former residents in Chapter 11 of continuing care retirement community.
• Representation of financial institution in avoidance action in check kiting bankruptcy.

Honors and Distinctions

• Fellow, American College of Bankruptcy
• Tampa Bay Bankruptcy Bar Association’s Douglas P. McClurg Professionalism Award, 2022
• The Best Lawyers in America, Bankruptcy & Creditor Debtor Rights/Insolvency & Reorganization Law; Commercial Transactions/UCC Law; Litigation – Bankruptcy, 2008-2023
  • Lawyer of the Year, Bankruptcy & Creditor-Debtor Rights, Bankruptcy Litigation, 2020, 2023
• Florida Super Lawyers, 2011-2022
  • Top 50 Women, 2014, 2015, 2017, 2018, 2020
  • Top 50 Tampa, 2014
  • Top 100 Florida, 2015
• Florida Trend’s Legal Elite, Bankruptcy and Workout, 2013, 2015-2020, 2022
• Chambers USA Ranked, Bankruptcy/Restructuring, 2018-2020, 2022
• Lawdragon 500 Leading U.S. Bankruptcy and Restructuring Lawyers, 2020, 2022
• AV Rated Martindale Hubbell
• Tampa Magazine’s Top Lawyers List, 2019, 2023

Professional Involvement

• Tampa Bay Bankruptcy Bar Association
• Business Law Section of The Florida Bar
  • Former Chair of Bankruptcy Judicial Liaison Committee
  • Member, Executive Council
  • Former Chair of Bankruptcy/UCC Committee
  • Former Chair of Communications Committee
  • Vice Chair Pro Bono Committee
• American Bankruptcy Institute
  • Steering Committee for Annual Alexander L. Paskay Seminar, 2014-2018
• St. Petersburg Bar Association,
  • Bankruptcy Committee Co-Chair, 2007 to 2009
• Hillsborough County Bar Association
• International Women’s Insolvency and Restructuring Confederation
  • Florida Network, Board of Directors
• William Reese Smith, Jr., American Inns of Court, 2014-present
• American Bar Association
• American Bankruptcy Institute
• Hillsborough County Bar Association
• New York State Bar Association