Biography

For more than three decades, Steven has represented the full range of parties in complex bankruptcy and reorganization cases and related litigation.

His clients span a range of government entities and industries, including construction and contracting, electronics, food processing, health care, automotive, general manufacturing, publishing, real estate, retailing, telecommunications, transportation and trucking.

Representative Matters

Steven has represented:

  • Officers and directors in breach of fiduciary duty litigation brought by Bank of America against James Knight et al.
  • Official Creditors’ Committee of Outboard Marine Corp., involving more than $1.5 billion of debt; and currently represents the Chapter 7 trustee of the estate
  • Debtor’s counsel to Allied Products Corp. in its Chapter 11 proceedings involving more than $100 million
  • Debtor and debtor-in-possession representation of Florsheim Group, Inc. in its Chapter 11 reorganization proceedings
  • Capital Factors, Inc. in its successful appeal of an order authorizing payments to critical vendors in the Kmart Chapter 11 case
  • Co-counsel to the Official Creditors Committee of Kimball Hill, Inc., one of the nation's largest homebuilders

Before Fox Rothschild

Steven was a member of Shaw Fishman Glantz & Towbin LLC, which merged with Fox Rothschild in 2018.

Beyond Fox Rothschild

Recognized by his peers for leadership in the profession, Steven was named as a Fellow of both the American College of Bankruptcy and the Litigation Counsel of America.
 

Honors & Awards

  • Named a "Leading Lawyer" in Illinois for Bankruptcy/Restructuring by Chambers USA
  • Named among the Best Lawyers in America for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Bankruptcy Litigation (2019)
  • Martindale Hubbell, AV Rating
  • Named an "Illinois Super Lawyer" by Law & Politics magazine
  • Named an "Illinois Leading Lawyer" by the Law Bulletin Publishing Company (2018)