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Steven E. Fox

Steven E. Fox
Partner / Banking & Finance; Bankruptcy
New York Office
212-789-3150
212-789-3195 fax
sfox@riemerlaw.com

Steven is a partner in the firm's banking and finance practice. His area of concentration is commercial finance, including asset-based lending, leveraged finance, cash flow lending and creditors' rights, bankruptcy, and business reorganization matters for local, regional, and national clients. His practice includes representation of secured lenders, debtors, and official and unofficial committees in bankruptcy courts throughout the United States, as well as mergers and acquisitions of distressed enterprises and related contract negotiations.

Steven has served as lead counsel to secured lenders in structuring, restructuring, and documenting their loan arrangements, advising secured lenders in complex workout matters, including debtor-in-possession and cash collateral facilities, as well as representing debtors, official and unofficial creditors' and equity committees, and other significant parties in national Chapter 11 cases across a diverse cross section of industries, including retail, real estate, airline, manufacturing, and leisure, among others. He also has performed transactional work in numerous cases with sellers, purchasers, lenders and secured and unsecured creditors of financially troubled companies, in both non-judicial restructurings and in chapter 11 reorganizations.

Representative Transactions

  • Counsel to agent and lenders in structuring, documenting and closing $300 million financing facility for national retailer
  • Counsel to agent and lenders in structuring, documenting and closing asset-based loan facility for national luggage retailer
  • Counsel to senior secured lender in complex bankruptcy and restructuring of $750 million in debt of one of the world’s leading outdoor sports lifestyle companies
  • Counsel to senior secured lender in complex bankruptcy and strategic sale of paper manufacturing company
  • Counsel to senior secured lender in complex bankruptcy and restructuring of $100 million receivables and real estate facilities of multi-resort timeshare company
  • Counsel to senior secured lender under a $40 million receivables and floor plan financing facility in complex bankruptcy and sale of national watercraft manufacturer, distributor and retailer
  • Counsel to senior secured lender in bankruptcy of regional printer/logistics company
  • Counsel to senior secured lender under a $70 million inventory financing facility in bankruptcy and sale of national furniture retailer
  • Counsel to the debtor in successful chapter 11 restructuring of international charter airline
  • Counsel to the debtor in successful chapter 11 restructuring of national furniture retailer, including strategic sale of assets
  • Counsel to official equity committee in successful chapter 11 restructuring of one of the largest national discount retail chains
  • Counsel to numerous buyers, sellers and national liquidation firms in connection with the sale of distressed assets in bankruptcy cases

Affiliations

Commercial Finance Association
American Bankruptcy Institute
Turnaround Management Association
New York State Bar Association

Admissions

State of New York
U.S. District Court, Southern District of New York
U.S. District Court, Eastern District of New York
U.S. District Court, Northern District of New York
U.S. District Court, Eastern District of Michigan
U.S. District Court, Northern District of Illinois
U.S. District Court, Southern District of Ohio

Education

Brooklyn Law School, J.D., 1986
University of Wisconsin, B.B.A., 1983