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Steven Reisman

Work +1.212.940.8700

Work Department

Insolvency and Restructuring


Steven Reisman counsels public company, private clients and governmental entities on a wide range of domestic and international matters involving bankruptcy, restructuring and creditors' rights. Steve is highly experienced in all aspects of Chapter 11 bankruptcy cases, as well as insolvency issues stemming from business transactions and out-of-court restructurings.

Steve is well-versed in the unique needs of Chapter 11 debtors, Chapter 11 trustees, secured lenders, governmental entities, creditors' committees, indenture trustees, liquidators, secured and unsecured creditors, creditors' committees, shareholders, distressed investors, defendants in avoidance actions, as well as landlords and tenants in bankruptcy cases. Additionally, his cross-border insolvency experience includes proceedings with clients in diverse markets in Mexico, Argentina and Canada, among others.

Steve advises investors seeking opportunities in Chapter 11 bankruptcy cases through the purchase of bankruptcy claims, acquisition of assets or as a proponent of a plan of reorganization.

Steve draws accolades from clients, who note that he "has the ability to come up with brilliant ideas and solutions that no one else would think of" (Chambers USA 2014).


JD, St. John's University,1990; BS, State University of New York, 1987

United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

Katten is experienced in representing financial institutions and lender groups in restructuring and bankruptcy-related financings, including DIP financing. The firm is also known for its work with indenture trustees relating to credit default administration and subsequent litigation, as well as for acquiring and selling assets of companies in distress. Chicago-based John Sieger leads a national practice with offices in Illinois, California and New York. The New York office was recently boosted by the arrival of a team from Curtis, Mallet-Prevost, Colt & Mosle LLP, including the 'exceedingly sophisticated' Steven Reisman (now head of insolvency and restructuring in New York), Theresa Foudy, Cindi Giglio, Shaya Rochester and corporate specialist Evan Borenstein. Also notable in the 'strong team' is Craig Barbarosh, who splits his time between Orange County and New York, and was lead counsel to Wilmington Trust, the indenture trustee with respect to $200m of notes issued by Canadian company Nortel Networks; the complex, cross-border matter relates to an allocation dispute involving more than $7bn of the company’s sale proceeds that was litigated in joint trial proceedings in the US Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice. In another highlight, the team is representing a joint venture comprising Gordon Brothers Retail Partners and Hilco Merchant Resources in the Chapter 11 of retailers Brookstone Holdings and Samuels Jewelers pending in the Bankruptcy Court for the District of Delaware; the team successfully resolved the various objections filed against store closing sales, as well as litigating the application of Section 327 of the Bankruptcy Code to the joint venture.

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