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Lydia T. Protopapas

Lydia Protopapas is a bankruptcy partner in the firm’s Houston office and concentrates her practice in business finance and restructuring. She has practiced in the areas of business reorganizations, debtors’ and creditors’ rights and insolvency since 1996.

Ms. Protopapas represents key constituents in a broad range of industries. Ms. Protopapas has represented debtors, creditors, and acquirers of assets from bankruptcy estates, including Adobe Energy, American General Financial Center, Anadarko Petroleum Corporation, Cajun Electric Power, Cal-Dive International, Coastal Plains, Inc., Crescent Resources, Encompass Services Corporation, GE Franchise Finance, Global Crossing Limited, Integrated Electrical Services, Inc., Jazzland Inc., Macquaire Capital Funds, Nylstar, Inc., Simmons Bedding Company, Six Flags, Sterling Chemicals, Inc., Toyobo Company, Ltd., TXCO Resources, Verizon Business, Viasystems, Inc., and WorldCom Inc.

Ms. Protopapas received a B.B.A., magna cum laude, from the University of Houston in 1990 and an M.B.A, with honors, from the University of Illinois in 1992. She received her J.D., cum laude, from the University of Houston Law Center in 1996.

Honors & Awards

Ms. Protopapas has been recognized in the 2013 and 2014 editions of Chambers USA where clients noted: “No one is better prepared or can write better briefs – she boils down issues to what is easily understood, and judges love her for that.” Ms. Protopapas was further described as “a tireless zealot for her clients and incredibly strategic. She listens to us about the strategy and doesn't try to force anything.” 

Ms. Protopapas has also been the recipient of a number of bankruptcy awards, including one of the top ten bankruptcy “Rising Stars under 40” by Law360; one of the top 12 “Outstanding Young Restructuring Lawyers” by Turnarounds & Workouts; a “Best Lawyer” in the 2012-2015 editions of Best Lawyers; and a “Texas Rising Star” for Business Finance & Restructuring by Texas Super Lawyers in the years 2005-2009. She was also listed in the 2015 edition of Best Lawyers in America for bankruptcy & creditor debtor rights/insolvency and reorganization law.

Activities

Ms. Protopapas serves on the advisory council of the Tahirih Justice Center, an organization that works to protect immigrant women and girls seeking justice in the United States from gender-based violence through a combination of direct legal services, client-based public policy advocacy and public education.

Publications

“Forward Contract Exceptions to the Automatic Stay are Narrowed,” Bankruptcy Bulletin, November 2004

“Fee Enhancements: How Do You Get One?,” American Bankruptcy Institute Journal, June 2001

 Speaking Engagements

 “Current Developments in Chapter 11 Debtor in Possession and Exit Financing,” National Conference of Bankruptcy Judges, October 26, 2012

Advanced Business Bankruptcy Seminar, Panelist, Starting the Case Out Right, Bankruptcy Section of the State Bar of Texas, June 4, 2010

Chapter 11 Business Reorganizations, “First Day Issues: Key Employees,” “Debtor in Possession Financing and Second Lien Issues,” “Section 366 of the Bankruptcy Code,” and “Ethical Issues for Bankruptcy Professionals.” American Law Institute, American Bar Association, May 14-16, 2009