Edward J. Peterson, III specializes in the representation of debtors and creditors in out-of-court workouts and bankruptcy cases and proceedings. Edward also has experience representing creditor committees. Moreover, Edward specializes in commercial litigation in all courts, including litigation involving directors and officers.
In addition, Edward has represented both assignors and assignees in assignments for the benefit of creditors. Currently, Edward serves as counsel for the assignee in the assignment cases of Laser Spine Institute and related entities.
Edward served as debtor's counsel in the Chapter 11 case filed by Viper Ventures, LLC which owns 30 acres of commercial land in Tampa. The debtor was able to restructure approximately $17 million in debt to Wells Fargo Bank through a plan of reorganization. Edward served as lead debtor's counsel in the Chapter 11 case of Boyd Brothers, Inc., a printing company in Panama City, Florida that employed approximately 110 employees. The company successfully reorganized in September 2012. Additionally, Edward was lead counsel for several shopping centers that filed for Chapter 11 protection. Moreover, Edward served as lead counsel in the Chapter 11 case of South Bay Lube, which owns 23 Jiffy Lube stores and employs over 200 employees. The company successfully reorganized in March 2013.
Edward was co-lead counsel with Russell Blain in the Chapter 11 case of Taylor, Bean & Whitaker Mortgage Corp. that was filed in Jacksonville, Florida with approximately $1 billion in assets and liabilities. Edward also served as co-counsel with Mr. Blain in the Chapter 11 case filed by Ocala Funding, LLC, a subsidiary of Taylor Bean, that had approximately $3 billion in liabilities and $1 billion in assets. He has successfully represented numerous debtors in possession in the Middle District of Florida, was active as counsel for the Creditors’ Committee in the massive Anchor Glass Chapter 11 case, and served as conflicts counsel in the Bill Heard Chevrolet cases pending in the Northern District of Alabama. Edward also appears regularly in state courts in connection with civil litigation arising out of loans secured by real estate in the Florida panhandle and elsewhere. He is president of the Turn Around Management Association of Florida, a past president of the Tampa Bay Bankruptcy Bar Association, has published articles on bankruptcy issues, and has spoken on multiple occasions on insolvency issues in Florida and Alabama.
Edward joined Stichter Riedel in 2005 after four years with the firm of Bradley Arant Rose & White, LLP, in Birmingham, Alabama. While at Bradley Arant, he appeared on behalf of creditors in a number of large bankruptcy cases, including Kmart, Service Merchandise, Encompass Services Corporation, Just for Feet, CEI Roofing, and The Resort at Summerlin. Mr. Peterson assisted in the debtor representation of J.A. Jones and 57 of its subsidiaries in Chapter 11 cases filed in Charlotte, North Carolina, involving over $3 billion in creditor claims. Additionally, he had extensive involvement representing the debtors in the Pride Restaurants, LLC Chapter 11 case involving a chain of fast food restaurants, and a Chapter 9 case involving the representation of a theme park owned by various municipalities.