AREA OF PRACTICE
Bankruptcy & Corporate Restructuring
Howard Steel frequently represents official creditor committees, bondholders, lenders, indenture trustees, landlords and individual secured and unsecured creditors in all aspects of corporate restructuring transactions. He has extensive experience in SIPA proceedings, mass tort cases, and distressed debt trading. His experience extends to a wide variety of industries, including automotive, coal, financial services, gaming, real estate, and retail.
Recent representations for which Howard has had primary or significant responsibilities include:
Tidewater Inc.: Representation of the Official Equity Committee of Tidewater Inc., one of the largest providers of offshore service vessels in the global energy industry, in connection with a restructuring of the company’s approximately $2.04 billion of debt.
Azure Midstream: Representation of the Official Equity Committee in the Chapter 11 proceeding of Azure Midstream Partners, LP, a midstream oil and gas service provider. ervices, and NGL transportation and crude oil logistics services.
Ultra Petroleum: Representation of an Ad Hoc Equity Committee in the Chapter 11 proceeding of Ultra Petroleum, a leading independent energy company focused on exploration and production of oil and natural gas.
Peabody Energy: Representation of successor indenture trustee for second lien notes in the largest private coal company bankruptcy.
GM Ignition Switch Defect MDL Litigation: Representation of Lead Counsel as Plaintiffs’ designated counsel in the Bankruptcy Court opposing GM’s motion to enjoin plaintiffs’ economic injury claims based on the injunction contained in the bankruptcy sale order by which the assets of Old GM were transferred to New GM in the GM bankruptcy in 2009.
Arch Coal: Representation of successor indenture trustee for second lien notes in the Chapter 11 proceeding of one of the U.S.’s largest coal producers.
Canyon Ranch Hotel & Spa, Miami Beach: Representation of three homeowner associations in connection with the chapter 11 filing of Canyon Ranch Miami, a luxury, full-service, ocean front condominium hotel.
Dewey & LeBoeuf LLP: Representation of the Official Committee of Unsecured Creditors and the post-confirmation Liquidation Trust in the largest law firm bankruptcy case in United States history.
Lehman Brothers: Representation of multiple investment funds in the Chapter 11 cases, SIPA proceeding and UK Administration.
Nebraska Book Company Inc.: Representation of an ad hoc group of senior secured noteholders in the Chapter 11 case of Nebraska Book Company, Inc., an industry leader in the college bookstore marketplace.
Visteon Corporation: Representation of the Official Committee of Unsecured Creditors of Visteon Corp., a Fortune 500 global automotive supplier, in successfully confirming a plan of reorganization, restructuring aggregate liabilities of approximately $5.3 billion, and generating a significant distribution for unsecured creditors.
Dipak Desai M.D. and Endoscopy Center of Southern Nevada LLC: Representation of the Official Committee of Unsecured Creditors of Dipak Desai M.D. in Chapter 11 bankruptcy and related cases, involving mass torts connected to a hepatitis outbreak in the Las Vegas area.
Other representations for which Howard has had primary or significant responsibility include:
Green Valley Ranch Gaming, Verestar, One to One Interactive, MF Global, Washington Mutual, ASARCO, Delphi, Solutia, Delta, New Century, American Business Financial Services, Circuit City, Linens n’ Things, Bally Total Fitness, Steve & Barry’s and Movie Gallery.
Columbia University, J.D., 2004
Duke University, B.A., 2001
United States District Court for the Southern District of New York
US Courts of Appeals for the Second Circuit
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