
J. Eric Lockridge
Partner Phone: 225.389.3756
Fax: 225.388.9133
Download VCard Print This Profile
"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.
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.
- 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
- 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
- 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
- AV Preeminent-rated, Martindale-Hubbell
- "When Defending Against an Adversary Proceeding in Bankruptcy Court, the Absence of Minimum Contacts with the Forum State Does Not Matter," Louisiana Law Blog, November 6, 2024
- "Putting the Judge in a Box: Challenging Debtor-in-Possession Financing and Cash Collateral Issues, and a Little Violence," LSU Law 30th Annual Bankruptcy Law Conference, October 10, 2024
- "Federal Court Foreclosure on Real Estate," Louisiana Law Blog, July 25, 2024
- "The Recent Change to Small Business Bankruptcy Rules Will Hurt Banks and Other Secured Lenders," Louisiana Law Blog, July 9, 2024
- "Introduction to Bankruptcy: Spot the Issues and Win the Day!," Brown Inn of Court CLE & Summer Celebration, July 2024
- "Ordinary Process Foreclosure on Real Estate in Louisiana," Louisiana Law Blog, June 26, 2024
- "Bankruptcy and Baseball II: What Happens to Shohei Ohtani's Record Contract if the Los Angeles Dodgers File for Bankruptcy (Again)?" Louisiana Law Blog, January 9, 2024
- "Bankruptcy and Baseball: What Happens to Shohei Ohtani's Record Contract if the Los Angeles Dodgers File for Bankruptcy (Again)?," Louisiana Law Blog, December 20, 2023
- "Executory Process Foreclosure on Real Estate in Louisiana," Louisiana Law Blog, May 2, 2023
- "Louisiana Foreclosures on Commercial and Industrial Property Require the Involvement of Judges and Sheriffs," Louisiana Law Blog, March 28, 2023
- "Improper Purposes/How To Show A Proper Purposes In Filing Chapter 11," Fifth Circuit Bankruptcy Bench-Bar Conference, February 3, 2022
- "Oils Well That Ends Well: Texas First Purchaser Lien Act Affords Working Interest Owners Greater Secured Rights," Texas Law Blog, September 27, 2021
- "Businesses in South Louisiana Eligible for SBA Loans to Assist with Disaster Recovery After Hurricane Ida," Louisiana Law Blog, August 30, 2021
- "Texas' Deep Freeze May Bring Wave of Energy Sector Bankruptcies," Texas Law Blog, March 5, 2021
- "U.S. Supreme Court Gives Good News to Secured Lenders, Tempered with Words of Caution," Louisiana Law Blog, January 20, 2021
- “Small Business Workouts and Chapter 11 Bankruptcies (From the Lender's Perspective),” Louisiana Bankers Association Bank Counsel Conference, December 2020
- "Is That a Real Covenant, or Just an Executory Contract? Midstream Agreements to be Tested in Coming Wave of E&P Bankruptcy Cases," Louisiana Law Blog, July 7, 2020
- "Preparing for the squall of post-COVID bankruptcies: Intellectual Property rights in Chapter 11," Intellectual Property Law Blog, April 29, 2020
- "COVID-19 and OPEC and Having a Major Impact on E&P-Related Finance, Acquisitions and Bankruptcies," Louisiana Law Blog, March 16, 2020
- "Draft Carefully – Recent U.S. Supreme Court Case Serves as Lesson to Properly Preserve Issues on Appeal," Louisiana Law Blog, January 7, 2020
- "Ag Lenders and Vendors: The Family Farmer Relief Act of 2019 Opens Chapter 12 Bankruptcy to More Farmers," Louisiana Law Blog, September 11, 2019
- "Recent United States Supreme Court Decision Tackles Question of What Happens When Bankruptcy Meets Intellectual Property," Louisiana Law Blog, June 19, 2019
- "Acquiring Assets Without Liabilities: Using Bankruptcy (and Other Strategies) to Minimize Successor Liability in M&A Transactions"
- "Bankruptcy Basics for Litigators"
- "Top 10-ish Differences Between Louisiana and Texas Law: Contracts & Torts"
- 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