Photo of Anna B. Osterhout

Anna B. Osterhout

AA Contact Info

Kathy Barden
Phone: 919.821.6634


Anna Osterhout joined Smith Anderson in 2008. She focuses her practice on bankruptcy law, creditors’ rights and commercial transactions. Her practice involves debt financing, negotiating workouts and restructuring problem credit transactions. Her practice also involves commercial real estate focusing on right-of-way acquisitions and condemnation/eminent domain.

Prior to her employment with the firm, Anna worked as a Staff Attorney with the Bankruptcy Administrator for the Eastern District of North Carolina. Before joining the Bankruptcy Administrator, she served as a Chapter 7 panel trustee while in private practice. Anna began her career as a law clerk to Judge J. Rich Leonard, United States Bankruptcy Judge for the Eastern District of North Carolina.

  • American Bankruptcy Institute
  • North Carolina Bar Association, Bankruptcy Section
    • Chair, Bankruptcy Section (2018-2019)
    • Vice Chair, Bankruptcy Section (2017-2018)
    • Treasurer, Bankruptcy Section (2010-2017)
    • Member, Bankruptcy Section Council (2008-Present)
    • Co-Chair, CLE Planning Committee (2015-2016)
  • Local Rules Committee, United States Bankruptcy Court, Eastern District of North Carolina (2001-2003; 2005-2007)
  • Wake County Bar Association

Best Lawyers®, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (2020-2022)



  • Represented the Official Committee of Unsecured Creditors in connection with the bankruptcy of a major local residential builder.
  • Represented a national commercial lender in connection with the attempted workout of troubled loans and eventual bankruptcy of a large commercial farming operation in Eastern North Carolina.
  • Represented a national company in the purchase of a note secured by a deed of trust on commercial property in North Carolina and eventual deed in lieu of foreclosure.
  • Represented a national hotel company in defense of foreclosure of deeds of trust on North Carolina hotel properties.
  • Represented a principal of regional construction company and related real estate holding companies in attempted workouts and eventual bankruptcy.
  • Represented an out of state manufacturing company in connection with the liquidation and dissolution of a North Carolina limited liability company.
  • Represented a regional non-profit company in attempted reorganization and eventual bankruptcy.
  • Represented a major supplier in defense of bankruptcy preference litigation in the bankruptcy case of an international telecommunications company.
  • Represented a North Carolina community bank in connection with restructuring and workout of its troubled loan portfolio.

News & Publications


  • "Is it the End of Credit Bidding As We Know It?", Amos U. Priester IV and Anna B. Osterhout, Printed in Disclosure Statement, October 2014 (publication of the Bankruptcy Section of the North Carolina Bar Association)

Speaking Engagements


Presentation and Manuscript: Recent North Carolina Bankruptcy Decisions Affecting Contractors' Lien Rights, Western District of North Carolina Bankruptcy Seminar, Spring 2010
Presentation and Manuscript: Lien Law Implications of a Defunct Contractor, NCBA Construction Law Winter Program, February 2010

Bar & Court Admissions

  • All North Carolina State Courts
  • U.S. District Courts for the Eastern, Middle and Western Districts of North Carolina
  • U.S. Court of Appeals for the Fourth Circuit


Campbell University School of Law, 1993

University of North Carolina, B.A. in Economics and Industrial Relations, 1987

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