Stephen Moeller-sally works with lenders, bondholders, private equity funds and their portfolio companies to devise creative approaches to unlocking value in out-of-court and in-court restructurings.
Steve has particular experience representing secured creditors in workouts and Chapter 11 cases and has assisted these clients in developing strategies to profitably resolve intercreditor disputes and to acquire distressed assets through receiverships, foreclosures and credit bids in section 363 sales.
- JD, Harvard Law School, 2001; Managing Editor, Harvard Law Review
- PhD (Slavic Languages and Literatures), Harvard University, 1992
- MA (Slavic Languages and Literatures), Harvard University, 1992
- BA (Russian and East European Studies), summa cum laude, Yale University, 1984
- New York, 2012
- Massachusetts, 2002
- U.S. District Court for the District of Massachusetts
- U.S. Court of Appeals for the First Circuit
- U.S. District Court for the Eastern District of Michigan
MEMBERSHIP & AFFILIATIONS :
- American Bankruptcy Institute
- American Bar Association
- Boston Bar Association
- Represented an ad hoc group of secured noteholders of Global A&T Electronics, a Singapore-based semiconductor business, in the negotiation and execution of a pre-packaged plan of reorganization.
- Represented an ad hoc group of first lien term lenders to NewPage Corporation in the pre-negotiated chapter 11 cases of NewPage and its corporate parent, Verso Corporation, in the United States Bankruptcy Court for the District of Delaware.
- Represented Gelson’s Markets, a TPG Capital portfolio company, in its stalking horse bid for a selection of grocery stores in the Chapter 11 cases of Haggen Holdings, LLC.
- Represented the indenture trustee for the 1.5 Lien Notes in the Chapter 11 cases of Momentive Performance Materials, Inc. and its affiliates.
- Represented the secured lenders of Complete Energy Holdings LLC in the consensual foreclosure upon the holding company equity in an 837MW electric generating facility.
- Represented one of the largest holders of $7 billion in first lien and mezzanine debt in the out-of-court restructuring of Education Media Publishing Group (owner of Houghton Mifflin Harcourt Publishers Inc.) and its affiliates.
- Represented a group of US Term Loan Lenders under the $2.5 billion credit facility SemCrude, L.P., a midstream energy services provider, maximizing returns to this group in an intercreditor dispute with the working capital lenders under the same facility.
Rate : $$$