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Joan M. Travostino

Partner
+1.907.777.7608
Fax +1.907.865.2417
Joan Travostino practices primarily in the areas of real estate, commercial transactions and finance. As an outgrowth of real estate and financing, she has represented a number of creditors in various types of bankruptcy proceedings. Her practice areas frequently overlap in a community the size of Anchorage. Her experience in real estate includes representing sellers and buyers of real estate, and advising on commercial building leases. Her participation in commercial transactions includes representing buyers and sellers of businesses and separate assets within businesses, and raising private capital. Her work in finance covers representing lenders in real estate financing and work outs of prior financing transactions and lender's issues with the personal property offered in non–real estate commercial financing. Because Alaska's economy is mostly based on natural resources, she has specific commercial experience with mining and fishing transactions. She has recently given educational presentations on real estate issues in bankruptcy proceedings to members of the local real estate community. 

Professional Background

  • Law Clerk, Hon. Roger G. Conner, Alaska Supreme Court, 1981-81

Professional/Civic Activities

  • Member, Bankruptcy and Real Estate Sections, Alaska Bar Association
  • Member, American Bankruptcy Institute
  • Co-chair 1995-1999, Bureau of Land Management Resource Advisory Council
Transactions
  • Represented institutional seller in sale of $3.2 million apartment building in Anchorage
  • Represented buyer of $800,000 fishing rights from a seller in a bankruptcy proceeding
  • Local counsel for lender for $22 million refinancing of an Anchorage hotel
  • Local counsel for seller in seller financing of $925,000 fish processing plant
  • Represented a municipal telecommunication entity in purchase of an owner's interest in an Internet provider
  • Represented a wholesale company in a strategic alliance agreement with a large wholesale/transportation company
  • Represented an offerer in a $5 million dollar private placement in the wholesale food industry

Bankruptcy Proceedings
  • Represented the major secured lender in a single asset $7 million commercial real estate bankruptcy
  • Represented the unsecured creditor's committee through plan confirmation in a fish processing bankruptcy
  • Represented the largest landlord in numbers of leases in a local airline bankruptcy
  • Represented a secured lien claimant in the bankruptcy of a rural Alaska fish processor
  • Represented the commercial accounts secured creditor in the bankruptcy of a construction and environmental services firm