Picture of J. Eric Lockridge

J. Eric Lockridge

Partner

"A successful attorney must be a good listener, not just a good speaker. I take pride in actively listening to each client so that I can understand its financial goals, tolerance for risk, and other individual concerns. By listening closely to our clients and to the other side, I am able to advise our clients through difficult situations and legal decisions affecting their businesses, finances, and even reputations – in and out of the courtroom. Each client is entitled to advice tailored to and consistent with its unique circumstances, culture, and business goals."

Commercial trial lawyer, trusted business advisor, and guide to the bankruptcy process, Eric Lockridge partners with and advocates for his clients to maximize recovery while mitigating risk. He applies his more than 25 years of practice to deploy both depth and breadth of legal and business acumen to benefit his clients when and where they need it most. He represents lenders (and occasionally borrowers) on distressed loan workouts, commercial collections, and lender-liability claims; guides clients through the risks and opportunities presented by bankruptcy cases and related litigation; and advises on corporate risk management and planning. His principal clients include traditional and non-traditional lenders, servicers, distressed-asset investors, international energy companies, energy service companies, petrochemical companies, investors, and a variety of business owners.

Eric has tried both commercial and tort cases to verdicts in Louisiana and Texas and has successfully defended judgments on appeal. His representation of energy, construction, and financial sector clients in bankruptcy cases and related litigation spans Louisiana, Texas, New York, Delaware, Colorado, and other states. Eric also regularly serves as local counsel for national firms in bankruptcy cases and related litigation across Louisiana.

Eric has 25 years of experience with advocating for clients in the courtroom and the conference room. Among his greatest strengths are his ability to listen well and to develop efficient and pragmatic solutions tailored to a client’s particular business goal. He uses these strengths to build consensus and make deals when it is in the client's interest to do so, and to advocate effectively in courtroom whenever necessary to get the best result possible for his client.

Eric worked in the Dallas, Texas offices of two regional firms before joining Kean Miller in 2005.

Representative Experience

Loan Negotiations, Workouts, and Collateral Review

  • Represents lenders and borrowers in financing negotiations and distressed debt workouts for secured financings.
    • Recent financings ranging from $100,000 to $100+ million; and
    • involving borrowers across many industries, including in auto sales and finance, construction, consumer finance, energy, equipment leasing, healthcare, offshore production, offshore services, real estate development, retail, and shipbuilding.
  • Assists lenders, debt purchasers, and national counsel with loan and collateral evaluation, legal advice, and opinion letters.
  • Represented a joint venture entity through the acquisition, improvement, financing, and operation of one of the largest mixed-use real estate developments in Louisiana.

Insolvency and Bankruptcy

  • Regularly advises multinational and regional energy companies, service companies, and contractors on bankruptcy matters involving their contractors, operators, partners, vendors, and predecessors and successors in title.
  • Regularly represents banks, commercial finance companies, other secured lenders, and servicers in bankruptcy cases in Louisiana and Texas.
  • Representation of petitioning creditors in multiple involuntary bankruptcy cases.

Bankruptcy & Commercial Litigation

  • Defend clients against products-liability and property-damage claims arising from alleged exposure to asbestos or other claims that were discharged in a prior bankruptcy case.
  • Enforce creditors' loan and collateral rights through contested matters and adversary proceedings in bankruptcy court and related litigation in federal and state courts.
  • Defend companies and individuals sued for the return of preferential payments or alleged “fraudulent transfers” with payments received before a debtor file for bankruptcy.
Education
  • The University of Texas at Austin School of Law, J.D., with honors, 1999
    • Advocate, National Mock Trial Team
    • Associate Editor, Texas Review of Law Politics
  • Emory University, B.A., 1995
    • Member, Emory Scholars Program
Admissions
  • Louisiana
  • Texas
  • U.S. District Court for the Eastern District of Louisiana
  • U.S. District Court for the Middle District of Louisiana
  • U.S. District Court for the Western District of Louisiana
  • U.S. District Court for the Northern District of Texas
  • U.S. District Court for the Eastern District of Texas
  • U.S. District Court for the Southern District of Texas
  • U.S. District Court for the Western District of Texas
  • U.S. District Court for the District of Colorado
  • U.S. Bankruptcy Court for the District of Colorado
  • U.S. Court of Appeals, Second Circuit
  • U.S. Court of Appeals, Fifth Circuit
Memberships
  • Member, Baton Rouge Bar Association
  • Member, Louisiana State Bar Association
  • Member, Texas State Bar Association
  • Member, American Bar Association
  • Member, American Bankruptcy Institute
  • Member, Louisiana Bankers Association
  • Member, Texas Bar College
  • Member, Turnaround Management Association
  • Fellow, Louisiana Bar Foundation
Recognition
  • AV Preeminent-rated, Martindale-Hubbell
Articles, Publications and Presentations
Community Service
  • Church Council Chair and Children’s Sermon Team, First United Methodist Church of Baton Rouge
  • Board of Directors, Capital Area Alliance for the Homeless
  • Pro Bono Volunteer and former Bankruptcy Section Chair, Baton Rouge Bar Association
  • Former Director, Board Chairman, and Volunteer, Youth Oasis
  • Former Director, Riverbend Homeowners Association
  • Former Director, Louisiana School for the Deaf Foundation
  • Former Director, Dallas Association of Young Lawyers
  • Founding Fellow, DAYL Foundation
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