Steven H. Newman is a partner in the firm’s bankruptcy and creditors’ rights department. Steve’s practice regularly encompasses restructurings, workouts, creditors’ rights, chapter 11, and other bankruptcy matters throughout the United States.
Steve has represented a broad range of parties, including secured creditors, debtors-in-possession, unsecured creditors’ committees, trustees, vendors, lessors, retailers, manufacturers, “dot-coms” and other technology businesses, asset purchasers, and individuals.
Steve also has significant experience in representing institutional lenders and other loan originators in effectuating commercial loans, syndicated credit facilities, inter-creditor agreements, letters of credit, and other secured transactions.
Recent Publications, Presentations, & Reported Cases
In re: Xpedior Incorporated, et. al., 354 B.R. 210 (Bankr. N.D. Ill. 2006) (as co-counsel to the Committee of Unsecured Creditors, we helped secure recovery of 100% of creditors’ claims, plus interest)
Author, Fiduciary Responsibilities of Corporate Directors and Officers in the “Zone of Insolvency,” NY Business Law Journal, Spring 2005, Vol. 9, No. 1
Panelist, Fiduciary Responsibility of Corporate Directors and Officers in the “Zone of Insolvency,” Bankruptcy and Financial Reorganization Conference, Foundation For Accounting Education, July 27, 2004