Of Counsel

Loan Restructuring & Workouts

Boston; New York


O: (617) 880-3520

F: (617) 692-3520

About Steven

Steve’s practice is concentrated in the nationwide representation of lenders and syndicated lender groups in the workout, restructuring, and liquidation of troubled debt.

Steve has developed special expertise in representing lenders and lending groups in asset-based transactions, pure cash flow transactions, real estate transactions, and leasing transactions, and he is frequently involved in complex transactions requiring the coordination of numerous professionals both inside and outside the firm. He regularly works with large numbers of equity sponsors, restructuring advisers, and auditors to help lenders and lending groups maximize their recovery and mitigate their risk.

Steve is a frequent speaker on workouts and restructures at banking seminars. Steve also has served several terms on the Board of Trustees of Newton-Wellesley Hospital, where he continues to serve on the Board of Overseers. Steve was recently appointed a Trustee Emeritus by Newton Wellesley Hospital. He serves as a Member of the Corporation of Partners HealthCare System, Inc.

Representative Matters

  • Workout of $1 billion student loan portfolio
  • Restructuring of a $120 million syndicated credit facility made to a multi-faceted debtor serving the automobile industry
  • Restructure and ultimate sale of a $30 million syndicated credit facility to a telemarketing debtor
  • Workout and restructuring of an $80 million syndicated credit facility to a telecommunications debtor
  • Workout and restructuring of a $25 million credit facility to a debtor involved in the steel fabricating business in a sale through the bankruptcy court
  • Workout and restructuring of a $30 million credit facility by means of a Trust Mortgage facility
  • Workout and liquidation of a $30 million real estate portfolio comprised of multi-family dwellings located throughout New England
  • Represented a member of a Director and Officer lending group in a $550 million troubled facility
  • Represented the agent in the liquidation of $50 million syndicated facility effected through a sale of stock to a new entity
  • Workout and restructuring of a $45 million credit facility to an air travel-related industry
  • Workout of $70 million floor plan liability

In The News


Here’s another economic problem to watch: Bad loans are rising – Riemer & Braunstein’s Steven Greene discussed a pickup in troubled loans in a recent article in The Boston Globe.
The Boston Globe, January 17, 2019


American Bar Association
Massachusetts Bar Association
New York State Bar Association
Turnaround Management Association – Northeast Chapter: President, 2019; Officer; Member of the Board of Directors


Commonwealth of Massachusetts
U.S. District Court, District of Massachusetts
U.S. Supreme Court
U.S. Court of Appeals, First Circuit
State of New York


Northeastern University School of Law, J.D., 1973
Lafayette College, A.B. with honors, 1970