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Kara E. Casteel

Kara E. Casteel is a Partner at ASK LLP. Kara represents trustees and debtors in possession in preference analysis and litigation of avoidance actions. Kara has successfully litigated preference and fraudulent transfer matters in multiple jurisdictions, including the Bankruptcy Court for the District of Delaware and the Bankruptcy Court for the Southern District of New York. Representative matters include the prosecution of avoidance actions in large bankruptcies such as Quebecor World (USA), WP Steel Venture LLC, and NewPage Corporation.

Prior to joining ASK LLP, Kara was a law clerk to the Honorable Casey Christian and Honorable Joseph Bueltel in the Third Judicial District of Minnesota. Before her judicial clerkship, Kara clerked for the Office of the Minnesota Attorney General.

Education:

University of Minnesota Law School (J.D. 2008); University of Wisconsin (B.A., 2005; Political Science and Legal Studies).

Affiliations:

Kara is admitted to practice law in the State of Minnesota, the United States District Court for the District of Minnesota, and the United States Court of Appeals for the Third Circuit.

Kara is a member of the Minnesota State Bar Association, the International Woman's Insolvency & Restructuring Confederation (IWIRC ), the American Bankruptcy Institute, and Minnesota Women Lawyers. In 2013, Kara helped found the Minnesota chapter of the International Women's Insolvency and Restructuring Confederation (IWIRC), and is currently the immediate past co-chair of IWIRC-Minnesota Network.

Practice Areas:

Bankruptcy, Creditors' Rights and Litigation.

Publications:

Edward E. Neiger & Kara E. Casteel, Are Attorneys’ Fees Incurred in Defending Preference Action Recoverable Against the Estate? One Court Says “Yes,” ABI Ethics & Professional Compensation Committee Newsletter, Vol 13, Num 3, June 2015.

Joseph L. Steinfeld, Jr. & Kara E. Casteel, Critical-Vendor Creditors May Now Double-Dip on New Value, 33 ABI JOURNAL 3, March 2014.

Joseph L. Steinfeld, Jr. & Kara E. Casteel, Preference Period Transfers Must Be Compared When Debtor Was Healthy, 31 ABI JOURNAL 8, Sept. 2012.

Joseph L. Steinfeld, Jr. & Kara E. Casteel, Friedman's Improperly Adds Requirement that New-Value Analysis Closes at Petition Date, 31 ABI JOURNAL 2, p. 42, March 2012.

Contact Information:

Phone: 651.289.3846
Email: kcasteel@askllp.com

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News & Events

  • August 2015

    Edward Neiger and Alex Govze publish article entitled Protecting Your Interests When a Debtor Is Heading Into Bankruptcy in the Credit Research Foundation Journal. The articles explores several options creditors of soon-to-be bankrupt debtors can protect themselves in the event of a bankruptcy.

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