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Ropes & Gray LLP

Work +1 617 951 7000
Boston, Central Hong Kong, Chicago, East Palo Alto, London EC4A, London EC4M and 6 more

Stephen Moeller-Sally

Ropes & Gray LLP


Steve 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. - See more at:

United States: Finance

Restructuring (including bankruptcy): corporate

Within: Restructuring (including bankruptcy): corporate

The ‘uber-responsive and proactive’ business restructuring group at Ropes & Gray LLP demonstrates ‘deep business acumen and industry knowledge’ and provides ‘great value for money’. The team has been particularly busy with creditor-side mandates in the energy space with a string of engagements in high-profile matters: recently, the practice advised Elliott Management Corporation and several of its managed funds as creditors on claims totalling $2.6bn related to the Energy Future Intermediate Holdings Company bankruptcy. In the Chapter 11 restructuring of Linn Energy, ‘brilliant strategists’ Mark Bane and Keith Wofford acted for the official committee of unsecured creditors. The practice was also engaged by an ad hoc group of GenOn noteholders in the company’s bankruptcy case. On the company side, Gregg Galardi represented Gawker Media in its Chapter 11 bankruptcy and footwear brand AeroGroup in its out-of-court restructuring and later Chapter 11 filing. New York-based Bane and ‘accomplished litigator’ Stephen Moeller-Sally in Boston jointly head the team. Mark Somerstein in New York dedicates ‘endless energy and attention to clients’ and Boston-based Andrew Devore is a ‘capable up-and-comer’.

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