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Clayton D. Ketter

Director

Location:
Oklahoma City/Dallas

Email:
cdketter@phillipsmurrah.com

Call:
405.235.4100 Main – OKC
405.606.4792 Direct – OKC

214.434.1919 Main – Dallas

Fax:
405.235.4133 Fax – OKC
214.434.1370 Fax – Dallas

Biography

Clayton D. Ketter is a Director and the Firm’s Litigation Practice Group Leader. Clay represents individuals and companies in a wide range of commercial matters with an emphasis on financial restructuring for a variety of industries.

Clayton has extensive experience in financial restructuring and bankruptcy matters, representing debtors, creditors, Chapter 7 trustees and official and informal creditors’ committees in all aspects of the bankruptcy process.

His practice also focuses on complex state and federal litigation involving a variety of claims. Clayton handles complex commercial trial work, including representation of numerous banks and financial institutions. He has particular experience prosecuting and defending claims related to the foreclosure process.

He received his B.B.A. magna cum laude in finance in 2004 from the University of Oklahoma and his J.D. magna cum laude in 2007 from Southern Methodist University’s Dedman School of Law. While in law school, he was an associate editor of SMU Law Review and a member of Order of the Coif.

A native Oklahoman, Clayton was raised in El Reno and now resides in Oklahoma City with his wife Kathy and their son. Prior to joining the firm in 2011, he practiced law in the Dallas office of Akin Gump Strauss Hauer & Feld LLP.

Education

  • University of Oklahoma (B.B.A. Finance magna cum laude, 2004)
  • Southern Methodist University (J.D. magna cum laude, 2007)

Admissions

  • 2007, Texas
  • 2008, U.S. District Court, Northern, Southern, Eastern and Western Districts of Texas
  • 2011, Oklahoma
  • 2011, U.S. District Court, Western District of Oklahoma
  • 2013, U.S. District Court, Eastern District of Oklahoma
  • 2013, U.S. Court of Appeals, Fifth Circuit
  • 2015, U.S. District Court, Northern District of Oklahoma
  • 2015, U.S. Court of Appeals, Tenth Circuit

Professional Organizations

  • Oklahoma Bar Association
  • Oklahoma County Bar Association, Bankruptcy Section (former chair)
  • American Bar Association

Experience

Bankruptcy Experience

  • Counsel to Fluid End Sales, Inc. in the successful reorganization of its oil and gas supply and manufacturing business through Chapter 11, Subchapter V
  • Counsel to Destiny Petroleum LLC, an oil and gas production company, in its successful Chapter 11 reorganization
  • Counsel to Foundation Healthcare Affiliates, L.L.C., a healthcare provider, in its Chapter 11 restructuring
  • Counsel to Foothills Resources, Inc., an oil and gas production company, in its successful Chapter 11 reorganization
  • Counsel to Terrestar Networks Inc., a provider of satellite services, in its Chapter 11 restructuring
  • Counsel to an individual debtor in one of the first Chapter 11, Subchapter V cases to be filed in the Western District of Oklahoma
  • Counsel to the Official Unsecured Creditors Committee of LandAmerica 1031 Exchange Services, Inc.
  • Counsel to numerous multi-national, regional, and local creditors in bankruptcy proceedings asserting secured, unsecured, and administrative claims
  • Prosecuted and defended multiple preference and fraudulent transfer actions in bankruptcy courts across the country, including multiple multi-million dollar claims

Litigation Experience

  • Obtained numerous judgments in favor of banking and financial institutions enforcing loan documents, recovering collateral, and defeating counterclaims raised by the borrowers
  • Successfully completed numerous foreclosures of both commercial and residential real property, judicially and through power of sale
  • Successfully represented creditors in receivership proceedings, including in obtaining the appointment of a state court receiver
  • Represented multinational, regional, and local companies in litigation involving a wide-array of commercial claims and issues
  • Financial restructuring and bankruptcy
  • Foreclosures
  • State court receiverships
  • Creditor and financial institution representation in collection actions
  • Commercial litigation

Recognition

  • Best Lawyers®: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (2019-present)
  • Best Lawyers®: Commercial Litigation (2019-present)
  • Best Lawyers®: Litigation – Bankruptcy (2020-present)
  • Best Lawyers®: Financial Services Regulation Law (2021)
  • Super Lawyers by Thomson Reuters: Rising Star (2021)

Publications

  • Co-Author, Mortgage and Asset Backed Securities Litigation Handbook
  • Co-Author, Trigild Deskbook, Guide to Receivership & Foreclosure (Oklahoma Section)

Clayton D. Ketter is a Director and the Firm’s Litigation Practice Group Leader. Clay represents individuals and companies in a wide range of commercial matters with an emphasis on financial restructuring for a variety of industries.

Clayton has extensive experience in financial restructuring and bankruptcy matters, representing debtors, creditors, Chapter 7 trustees and official and informal creditors’ committees in all aspects of the bankruptcy process.

His practice also focuses on complex state and federal litigation involving a variety of claims. Clayton handles complex commercial trial work, including representation of numerous banks and financial institutions. He has particular experience prosecuting and defending claims related to the foreclosure process.

He received his B.B.A. magna cum laude in finance in 2004 from the University of Oklahoma and his J.D. magna cum laude in 2007 from Southern Methodist University’s Dedman School of Law. While in law school, he was an associate editor of SMU Law Review and a member of Order of the Coif.

A native Oklahoman, Clayton was raised in El Reno and now resides in Oklahoma City with his wife, Kathy, and their son. Prior to joining the firm in 2011, he practiced law in the Dallas office of Akin Gump Strauss Hauer & Feld LLP.

  • University of Oklahoma (B.B.A. Finance magna cum laude, 2004)
  • Southern Methodist University (J.D. magna cum laude, 2007)
  • 2007, Texas
  • 2008, U.S. District Court, Northern, Southern, Eastern and Western Districts of Texas
  • 2011, Oklahoma
  • 2011, U.S. District Court, Western District of Oklahoma
  • 2013, U.S. District Court, Eastern District of Oklahoma
  • 2013, U.S. Court of Appeals, Fifth Circuit
  • 2015, U.S. District Court, Northern District of Oklahoma
  • 2015, U.S. Court of Appeals, Tenth Circuit
  • Oklahoma Bar Association
  • Oklahoma County Bar Association, Bankruptcy Section (former chair)
  • American Bar Association

Bankruptcy Experience

  • Counsel to Fluid End Sales, Inc. in the successful reorganization of its oil and gas supply and manufacturing business through Chapter 11, Subchapter V
  • Counsel to Destiny Petroleum LLC, an oil and gas production company, in its successful Chapter 11 reorganization
  • Counsel to Foundation Healthcare Affiliates, L.L.C., a healthcare provider, in its Chapter 11 restructuring
  • Counsel to Foothills Resources, Inc., an oil and gas production company, in its successful Chapter 11 reorganization
  • Counsel to Terrestar Networks Inc., a provider of satellite services, in its Chapter 11 restructuring
  • Counsel to an individual debtor in one of the first Chapter 11, Subchapter V cases to be filed in the Western District of Oklahoma
  • Counsel to the Official Unsecured Creditors Committee of LandAmerica 1031 Exchange Services, Inc.
  • Counsel to numerous multi-national, regional, and local creditors in bankruptcy proceedings asserting secured, unsecured, and administrative claims
  • Prosecuted and defended multiple preference and fraudulent transfer actions in bankruptcy courts across the country, including multiple multi-million dollar claims

Litigation Experience

  • Obtained numerous judgments in favor of banking and financial institutions enforcing loan documents, recovering collateral, and defeating counterclaims raised by the borrowers
  • Successfully completed numerous foreclosures of both commercial and residential real property, judicially and through power of sale
  • Successfully represented creditors in receivership proceedings, including in obtaining the appointment of a state court receiver
  • Represented multinational, regional, and local companies in litigation involving a wide-array of commercial claims and issues
  • Financial restructuring and bankruptcy
  • Foreclosures
  • State court receiverships
  • Creditor and financial institution representation in collection actions
  • Commercial litigation
  • Best Lawyers®: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (2019-present)
  • Best Lawyers®: Commercial Litigation (2019-present)
  • Best Lawyers®: Litigation – Bankruptcy (2020-present)
  • Best Lawyers®: Financial Services Regulation Law (2021)
  • Super Lawyers by Thomson Reuters: Rising Star (2021)
  • Co-Author, Mortgage and Asset Backed Securities Litigation Handbook
  • Co-Author, Trigild Deskbook, Guide to Receivership & Foreclosure (Oklahoma Section)

ALFA International Member

Phillips Murrah is a member of ALFA International, the global legal network. With 145 member firms across the globe (80 in the United States), ALFA International is the premier global network of independent law firms whose success is driven by broad, deep, local relationships all over the world. Click HERE for an informational video about ALFA International, or visit www.alfainternational.com to learn more.