Douglas P. Cushing

Doug Cushing brings more than 30 years of experience to Jordan Schrader's creditors' rights and business law practice. He has significant experience in the area of commercial debtor-creditor work, including contested matters, Chapter 11 reorganizations, creditor committee representation, preference defenses, DIP financing contests, plan contests, and the protection, valuation, and recovery of collateral for secured creditors.

His representation of secured creditors includes seeking relief from the automatic stay to seize or foreclose on property controlled by the bankrupt and contesting a debtor's proposed plan of reorganization. His representative creditor clients include banks, commercial finance companies, personal property lessors, real estate lenders, and unsecured and trade creditors, landlords, ranchers, and farmers.

Doug's representation of creditors also includes defense of preference lawsuits brought by bankruptcy trustees to recover payments made to creditors prior to bankruptcy. This includes work on a national basis for a Northwest-based supply company. Because his prior practice has also included debtor representation he has seen both sides of the issue.

Doug's extensive experience in documenting financial transactions helps him shield clients from litigation risks with a view toward protecting against collection and bankruptcy problems. He has prepared numerous loan documents, sale of business agreements, security agreements, promissory notes and guaranty agreements. His experience in representing debtors, unsecured creditors' committees, and secured creditors enables him to facilitate agreements that allow the parties to resolve matters short of bankruptcy proceedings, thus saving time and money. But if bankruptcy proceedings become part of the picture, Doug can capably represent both sellers and buyers of bankruptcy estate assets in operating businesses and commercial real estate.

Doug has handled a full range of business matters, from formation and merger/acquisition to business disputes and real estate transactions. He has represented clients ranging from distribution companies to regional telecommunications and media firms, as well as wood products manufacturers and development-related companies, including national companies and publicly owned corporations.

Doug also has extensive experience in estate planning and probate administration as well as contested trust and estate litigation. His experience spans both Oregon and Washington trust disputes, IRS estate tax audits, and special needs planning. Handling both business and estate planning has given him valuable experience in assisting succession planning in the broader business sense.