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Elizabeth J.
Futrell

Position
Partner
Office
New Orleans

Lisa Futrell is a partner in the Litigation Practice Group. She focuses on bankruptcy and creditors’ rights matters.


Lisa Futrell has practiced in the areas of bankruptcy, insolvency, and financial restructuring for more than 30 years. The scope of her practice includes the representation of creditors, debtors, trustees, and official and ad hoc committees in Chapter 11 cases, a foreign representative in Chapter 15 cases, adversary proceedings, out of court restructurings and forbearances, asset sales and purchases, Louisiana foreclosure litigation, and state and federal court litigation involving creditors’ and debtors’ rights.

Since 1999, Lisa has been a fellow in the American College of Bankruptcy, where she serves on the Board of Regents as the representative of the Fifth Circuit. She served as past chair of the Louisiana State Bar Association's Advisory Commission for Bankruptcy Specialization and has qualified to testify as an expert witness in federal court in the fields of bankruptcy and creditors' and debtors' rights.

A former member of the Jones Walker board of directors, Lisa serves currently as co-chair of the firm's Committee on Practice Standards. Recently, she was appointed to the Lawyer Disciplinary Committee for the US District Court for the Eastern District of Louisiana. 

Lisa is a published author and speaks frequently on bankruptcy-related topics.

Noteworthy

  • The Best Lawyers in America®, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation – Bankruptcy (listed annually since 1995)
  • New Orleans Magazine, Top Lawyer (listed annually since 2019, also listed in 2013)
  • Louisiana Super Lawyers, Top 25 Female Attorneys Statewide, (listed annually since 2007)
  • Chambers USA, Bankruptcy/Restructuring (listed annually since 2007)
  • Louisiana Super Lawyers, Bankruptcy: Business (listed annually since 2007)
  • Lawdragon, "500 Leading US Bankruptcy & Restructuring Lawyers" (2020)
  • Best Lawyers'®, "Lawyer of the Year," New Orleans Bankruptcy and Creditor/Debtor Rights/Insolvency and Reorganization Law (2015)
  • Louisiana Diversity Council, Louisiana Woman of the Year (2012)
  • New Orleans CityBusiness, Women of the Year (2008)
  • AV Preeminent® Peer Review Rating in Martindale-Hubbell

Publications

  • "From Proofs to Payment: (Almost) Everything You Want to Know About Claims," American Bar Association Section of Business Law 2010 Fall Meeting Joint Program of National Conference of Bankruptcy Judges and the Business Bankruptcy Committee, October 2010
  • "Chapter 11 of the Bankruptcy Code After BAPCPA: It's More Than Consumer Changes", August 1, 2006
  • "Chapter 11 of the Bankruptcy Code After BAPCPA: It's More Than Consumer Changes," Jones Walker LLP Bankruptcy, Restructuring, and Creditors-Debtors Rights EZine, June 18, 2005
  • "Preferences and Preference Defenses," Prepetition Waivers, Preferences, and Other Tradeoffs, Alabama State Bar Section on Bankruptcy and Consumer Law, January 1, 2003
  • "Fifth Circuit Symposium: Bankruptcy," 46 Loyola Law Review 931, January 1, 2000
  • "Civil RICO: A Sampler for Lenders," Lender Liability CLE Monograph, Louisiana State Bar Association, March 31, 1998

Presentations

  • "Health Care Business Bankruptcies", Louisiana State Bar Association, 2019
  • "Business Bankruptcy Legal Update," American Bankruptcy Institute, Spring Meeting, April 24, 2018
  • "Individual Chapter 11 Cases: Pitfalls and Advantages," American Bankruptcy Institute New Orleans Consumer Bankruptcy Conference, 2015
  • "Why Ethical Lawyers are Good Lawyers," New Orleans Bar Association Ethics and Professionalism CLE Series, 2014
  • 2012 Louisiana Women's Conference, November 27, 2012
  • "Ethical Dilemmas in Turnarounds & Restructurings," Turnaround Management Association, New Orleans, Louisiana, March 20, 2012
  • "Can you Really Confirm This Plan? An Analysis of Various Plan Provisions from Real Chapter 11 Cases," Louisiana State Bar Association, Section of Bankruptcy Law, 2012
  • 2011 Louisiana Women's Conference, September 23, 2011
  • 2010 Louisiana Women's Conference, Baton Rouge, Louisiana, September 17, 2010
  • Women in Leadership Symposium, New Orleans, Louisiana, April 28, 2010, New Orleans, Louisiana
  • "Individual Chapter 11 Issues: This Stuff is Pretty Hard," 16th Annual LSU Bankruptcy Seminar, 2010
  • The Louisiana Conference for Women, LSU Alumni Association Lod Cook Alumni Center, Baton Rouge, Louisiana, October 2, 2009
  • Women in Leadership Symposium, Baton Rouge, Louisiana, January 8, 2009, Baton Rouge, Louisiana
  • "Increased Conversions: How to Get Paid for Post-Petition/Pre-Conversion Periods," 16th Annual Utility Bankruptcy Conference, January 1, 2009
  • "Problems and Challenges When Your Client Has Distress Collateral," Louisiana Bankers Bank Counsel Conference, January 1, 2009
  • "So What Makes an Ethical Lawyer a Professional One?" Louisiana State Bar Association Section on Bankruptcy Law, January 1, 2009
  • "How That Pesky Consumer Protection Act Has Affected Business Bankruptcies: BAPCPA and Significant Recent Rulings," Louisiana State Bar Association and Section on Bankruptcy Law, New Orleans Louisiana, September 21, 2007
  • "Practicing Under the New Bankruptcy Law: How to Make Your Practice Run Smoother than the Recovery!" Louisiana State Bar Association and Section on Bankruptcy Law, New Orleans Louisiana, September 21, 2007
  • "Distressed Real Estate Issues Under the Bankruptcy Code," Louisiana Bankers 2007 Bank Counsel Conference, January 1, 2007
  • "Chapter 11 Amendments, An Introduction to the 2005 Bankruptcy Abuse Prevention & Consumer Protection Act," Paul M. Hebert Law Center, Louisiana State University, January 1, 2005
  • "Prepetition Waivers, Preferences, and Other Tradeoffs," Section on Bankruptcy and Consumer Law, Alabama State Bar, 2003
  • "Judgment Enforcement in Louisiana," Lorman Education Services, 2001

Memberships

  • American Bankruptcy Institute
  • American College of Bankruptcy, Fellow
  • Litigation Counsel of America, Fellow
  • Louisiana State Bar Association
  • The Mississippi Bar
black and white headshot of Elizabeth J. Futrell
New Orleans
201 St. Charles Ave
New Orleans, LA 70170-5100
D: 504.582.8260
F: 504.589.8260
Emailefutrell@joneswalker.com

Education

  • The University of Mississippi School of Law
    JD, with honors, 1981
    Comment Editor, Mississippi Law Journal, 1980-1981; Phi Delta Phi; Phi Kappa Phi
  • University of Tennessee, Knoxville
    BA, History, with honors, 1978 

Bar Admissions

  • Louisiana
  • Mississippi

Court Admissions

  • US District Court for the Eastern District of Louisiana
  • US District Court for the Middle District of Louisiana
  • US District Court for the Western District of Louisiana
  • US Bankruptcy Court for the Southern District of Texas

Related Practices

  • Banking & Financial Services Practice
  • Bankruptcy & Restructuring
  • Disaster Preparedness & Recovery
  • Litigation
  • Maritime Restructuring
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