Kay Standridge Kress

For more than 35 years, Kay provided clients with seasoned and pragmatic advice on corporate restructuring, insolvency, and bankruptcy matters.

Kay has extensive experience restructuring debt and representing secured creditors in federal receivership actions. She also focused on representing debtors, creditors’ committees, secured creditors, trustees, individual creditors, and parties in interest — both as lead counsel and co-counsel — in out-of-court workouts and bankruptcy courts in the Eastern District of Michigan, Western District of Michigan, District of Delaware, Southern District of New York, and other bankruptcy nationwide. In addition, Kay co-authored Chapter 83 “Creditors’ Committees” for Colliers Bankruptcy Practice Guide; co-wrote “Alternatives to Bankruptcy Under Federal and State Law,” a chapter in Navigating in Today’s Environment; and authored the “Federal Receiverships” chapter in Guide to Receivership and Foreclosure. She also wrote articles for Michigan Business Law Journal; the American Bar Association (ABA) Business Bankruptcy Committee Newsletter, Business Law Today; and the American Bankruptcy Institute Journal. Finally, Kay moderated and spoke on a variety of topics, including federal and state receiverships, both locally and nationally.

Additionally, Kay served as ABA Business Law Section advisor to the Uniform Law Drafting Committee for the Uniform Commercial Real Estate Receivership Act. The act was approved by the Uniform Law Commission in July 2015 and has been enacted in seven states. She testified before Michigan House Committee on Judiciary prior to the enactment of the act in Michigan.