Steven Schwartz

Associate, New York

Biography

Overview

Steven Schwartz is an Associate in the Firm's Financial Restructuring and Insolvency Practice. Steven has experience in the representation of debtors, unsecured creditors, ad hoc groups and other parties in interest in both chapter 11 proceedings, out of court restructurings, and cross-border insolvency cases.  Steven is based in the Firm’s New York office.

Prior to joining White & Case, Steven served as law clerk to the Honorable Sean H. Lane, Bankruptcy Judge for the United States Bankruptcy Court for the Southern District of New York, the Honorable Eugene R. Wedoff, Bankruptcy Judge for the United States Bankruptcy Court for the Northern District of Illinois, and judicial clerk for the Honorable Kevin J. Carey, Christopher S. Sontchi and Mary F. Walrath, Bankruptcy Judges for the United States Bankruptcy Court for the District of Delaware.

Bars and Courts
New York State Bar
Illinois State Bar
Education
LLM
Bankruptcy
St. John's University School of Law
JD
University of Michigan Law School
BA
University of Michigan
Languages
English

Experience

Represented Oaktree Capital Management, L.P. in the chapter 11 cases of Claire's Stores, Inc., a global retailer which filed for bankruptcy protection in March 2018. White & Case's representation of Oaktree Capital Management, L.P. as a second lien bondholder led to a mutually beneficial settlement with the debtors and ultimately resulted in a mostly consensual confirmation of Claire's Stores chapter 11 plan.

Represented the holders of, and the indenture trustee for convertible notes in SunEdison, Inc., a global renewable energy company headquartered in the U.S., which filed for chapter 11 in April 2016.

Represented CLMG Corp. and LNV Corporation, affiliates of Beal Bank, as the agent and lender, respectively, for a revolving credit facility with White Eagle Asset Portfolio, LP, as borrower, in connection with the chapter 11 cases of White Eagle and certain of its affiliates.

Represented the Ad Hoc Group of Unsecured Senior Noteholders in the chapter 11 reorganization of Breitburn Energy Partners LP.

Represented Industrial and Commercial Bank of China as a member of the Official Committee of Unsecured Creditors in the chapter 11 proceedings of M&G USA Corporation.

Represented Drivetrain, LLC, in its capacity as trustee of the Doral Financial Creditors' Trust following the chapter 11 bankruptcy of Doral Financial Corporation, a Puerto Rican holding company.

Represented Taipei Fubon Commercial Bank as facility agent and lender in the chapter 11 proceedings of China Fishery Group Limited (Cayman).