Kay Standridge Kress is a corporate restructuring and bankruptcy partner in the Detroit office of Pepper Hamilton LLP.
Ms. Kress concentrates her practice in corporate restructuring, insolvency and bankruptcy matters, and has more than 28 years of experience in representing debtors, creditors’ committees, secured creditors, trustees and individual creditors and parties in interest, both as lead counsel and as co-counsel in out-of-court workouts and in bankruptcy courts in the Eastern District of Michigan, the Western District of Michigan, the District of Delaware, the Southern District of New York and in other bankruptcy courts in the United States. Ms. Kress has extensive experience representing secured creditors in federal receivership actions.
Ms. Kress is a Fellow of the American College of Bankruptcy, is named in The Best Lawyers in America and was selected for inclusion on the 2014 Michigan Super Lawyers list, Who’s Who Legal: Insolvency & Restructuring for 2014 and the Top Lawyers list in DBusiness magazine. She is currently chair of the Business Bankruptcy Committee of the American Bar Association’s Business Law Section. She is former co-chair of the Programs and Publications Subcommittee, former chair of the Secured Creditors Subcommittee and former editor-in-chief of the e-newsletter of the ABA's Business Bankruptcy Committee. Ms. Kress is a founding member of the Michigan Chapter of IWIRC; past chair of the Debtor/Creditor Section of the Detroit Metropolitan Bar Association; a member of the American Bankruptcy Institute; a board member of Matrix Human Services; and legal advisor to Omega Phi Alpha, National Service Sorority.
Representative cases in which Ms. Kress has recently participated include:
- BHM Technologies Holdings, Inc., et al. (W.D. Mich.) – represents Chapter 11 debtors
- Midland Food Services L.L.C. (D. Del) – represents secured lender
- Heartland Automotive Holdings, Inc. et al. (N.D. Tex – Fort Worth Division) – represented secured lender
- Hechinger Investment Company of Delaware, Inc. (D. Del.) – represented unsecured creditors’ committee and liquidation trust
- Trade Partners Inc. Federal Receivership (W.D. Mich.) – represented secured creditor and a purchaser of a viatical portfolio
- McLouth Steel Products (E.D. Mich.) – represented unsecured creditors committee
- Malachi Corporation, Inc. Federal Receivership (E.D. Mich.) – represent a secured creditor.
Ms. Kress co-authored Chapter 83 “Creditors Committees,” Colliers Bankruptcy Practice Guide, published in Business Law Today and a chapter “Alternatives to Bankruptcy Under Federal and State Law,” in Navigating Today’s Environment. She also has authored articles for the Michigan Business Law Journal, the American Bar Association Newsletter, Young Lawyers Division and the American Bankruptcy Institute Journal. She has been a moderator and has spoken on a variety of topics, including federal receiverships (locally and nationally) and current developments in bankruptcy claims.
Ms. Kress received her J.D., cum laude, from Wayne State University Law School in 1986, where she was a member of Order of the Coif and the recipient of the Bronze Key Certificates for Academic Achievement in 1983 and 1984. She received her B.A., cum laude, from Bowling Green State University in 1978.
Ms. Kress is admitted to practice in Michigan and before the U.S. District Courts for the Eastern and Western Districts of Michigan, the U.S. District Court for the Northern District of Illinois, and the U.S. Court of Appeals for the Sixth Circuit. She is a member of the American, Michigan and Detroit Metropolitan Bar Associations.