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Published on 9/16/2008 in the Prospect News Distressed Debt Daily.

Stahl Cowen announces Shelly DeRousse has joined the firm as partner

By Devika Patel

Knoxville, Tenn., Sept. 16 - Stahl Cowen Crowley Addis LLC said it has hired Shelly DeRousse as a partner.

DeRousse has experience counseling debtor and creditor matters in business restructuring.

She has also spent considerable time as a commercial litigator, often dealing with the business ramifications of restructuring or advising corporate clients in litigation.

DeRousse has represented both creditors and debtors in many high profile bankruptcy cases, including the teams representing the debtors in the Federal Mogul, Owens Corning and Meridian Automotive cases. She also represented the secured creditor banks in the ANC Rental Corp. and Edgewater Medical Center bankruptcy cases, the fiduciary of the employee shareholders in the U.S. Airways case and a variety of creditors in the Kmart Corp., Halo Industries, Enron and Worldcom cases.

DeRousse's commercial litigation representations include prosecuting breach of fiduciary duty and fraudulent transfer claims on behalf of corporations, defending and prosecuting foreclosure actions for secured creditors and debtors, and enforcing contracts and breach of contract claims.

DeRousse received her J.D. with honors in 2001 from the DePaul University College of Law and previously practiced with Sidley Austin LLP and Sugar & Felsenthal LLP in Chicago.

"Shelly's broad range of experience makes her especially well-suited to the varying needs of Stahl Cowen's diverse client base," Stahl Cowen's hiring partner Trent Cornell said in a press release.

"Shelly is a great addition to our firm. She brings big-firm experience, common sense and great legal skills to help us continue to build our restructuring team," chair of Stahl Cowen's Bankruptcy and Restructuring Group Scott Schreiber added in the release.

Stahl Cowen is a Chicago-based law firm.


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