Overview
A member of Lugenbuhl’s Bankruptcy Section, Greta M. Brouphy focuses her practice on bankruptcy and insolvency matters, helping corporate and individual clients navigate complex financial challenges with clarity, efficiency, and strategic direction.
Greta regularly advises and represents debtors in Chapter 11 proceedings and Chapter 11 proceedings that elect to proceed under Subchapter V. Her experience includes representing liquidating trustees, bondholders, unsecured creditors’ committees, and plan agents in commercial bankruptcy and business workout matters in Chapter 11 and Chapter 7 cases. Greta also has experience in representing an unsecured creditors’ committee in a chapter 9 proceeding and representation of a Chapter 9 plan trustee. Her expertise spans a wide range of industries, including vessel construction, oil and gas, grocery and retail operations, entities subject to franchise agreements, medical facilities, apartment complexes, property development, hotels, and distribution businesses. Her work includes investigating potential litigation claims, pursuing asset recovery, and assisting with post-confirmation matters, including representation of liquidating and litigation agents in Chapter 7, Chapter 9, and Chapter 11 cases. She is proficient in litigating preference actions, fraudulent conveyance actions, and claim objections, and regularly drafts and advises Chapter 11 clients on disclosure statements and plans of reorganization, and drafting and confirming Chapter 11, Subchapter V plans of reorganization.
Greta serves in fiduciary roles as an appointed Subchapter V Trustee for United States Trustee Region V and an appointed Chapter 7 Panel Trustee for the Eastern District of Louisiana, providing clients with the added benefit of counsel who understands bankruptcy proceedings from both an advocacy and trustee perspective. With a concentrated practice in Subchapter V reorganizations, she helps small and mid-sized businesses pursue efficient, cost-effective restructuring solutions while maintaining operational control. As both counsel to Subchapter V debtors and an appointed Subchapter V Trustee for United States Trustee Region V, she brings a practical, insider understanding of the process. This dual perspective allows her to anticipate trustee expectations, streamline case administration, reduce unnecessary costs, and guide business owners toward timely, achievable reorganization outcomes.
Outside the Office
When away from the office, Greta can be found searching art and vintage markets, spending time with her cats, and visiting her daughters in Orlando, FL.
Professional
- Board member for the National Association of Bankruptcy Trustees
- Editor in Chief for the American Bankruptcy Trustee Journal
- Member– International Women’s Insolvency and Restructuring Confederation; Secretary on the Board of Directors for 2015, Served on Board of Directors for community service for 2013 and 2014
- Member– Louisiana and Federal Bar Associations
- Served on Board of Directors for the Young Lawyers Federal Bar Association
- Honor Awards for Excellence for completed courses of study in Taxation Law and Business Law
