Steven Reingold is a partner in the Bankruptcy and Restructuring Group and Litigation Group. He concentrates his practice on the representation of debtors, official creditors’ committees, trustees, creditors, and other interested parties in insolvency proceedings involving companies of varying sizes and industries. In addition, Steven counsels clients on issues relating to the restructuring of debt and alternatives to bankruptcy, including out-of-court workouts, sales of assets to strategic buyers, equity infusions, assignments for the benefit of creditors, and compositions. He also participates in all aspects, from the initial investigation through the post-trial stage, of complex commercial and bankruptcy-related litigation matters, and advises clients regarding various corporate and employment-related issues. Steven has also served as an adjunct professor at New England School of Law, where he taught a class in Legal Research and Writing.
- Served as counsel to the official creditors’ committee of a Bermuda-based company and its five
subsidiaries, which are specialty providers of workers’ compensation insurance products and services,
and against which more than 2,300 claims totaling in excess of $1.5 billion have been asserted, and presently represents the Liquidating Trustee.
- Represented the official committee of unsecured creditors, whose constituency held claims totaling in excess of $500 million, in the Chapter 11 cases of a group of companies owning and operating the third-largest power generating portfolio in New England and laboring under a debt load that exceeded $1.9 billion as of the petition date.
- Served as counsel to the official creditors' committee in the Chapter 11 cases filed by the operators of a casino and greyhound racetrack that represents the third-largest source of revenue for the State of Rhode Island and that had $575 million in total indebtedness and $130 million in operating revenues at the time of filing.
- Acted as counsel to the liquidation trustee in the confirmed Chapter 11 case of a provider of payment processing and related merchant services that was responsible for processing in excess of $10 billion in transactions for 80,000 merchants on an annual basis, and that had in excess of $125 million in debt, at the time it sought bankruptcy protection.
- Represents the official creditors' committee formed in the cases of the developer and operator of a four-star hotel and condominium property bearing the flag of an international luxury hotel chain.
- On behalf of the official creditors’ committee representing $28 million of unsecured debt, successfully prosecuted an objection to the motion filed by a manufacturer and developer of synthetic fabrics seeking authority to remit sale-related incentive pay to members of its post-petition management team.
- Represents the administrator of a $70 million settlement fund created in the Chapter 11 case of an asbestos manufacturer.
- Initiated federal district court litigation for a Chapter 7 trustee against a bank used by a debtor’s principals to further a check-kiting scheme which resulted in harm to the debtor’s unsecured creditors in the form of unpaid claims exceeding $8 million, and successfully opposed the bank’s motion to dismiss the trustee’s claims.
- Served as lead counsel for the former chief executive officer and president of a group of industrial manufacturing and service businesses in an action involving claims of breach of fiduciary duty and gross negligence.
- Represented an international communications company in arbitration and litigation involving the construction and operation of an underground fiber optic telecommunications network.
- Successfully appealed to a federal district court, and obtained an order reversing, a bankruptcy court’s preliminary injunction barring two former corporate officers of a debtor from competing against the debtor and using materials it alleged constituted trade secrets and confidential information.
- Investigated and successfully resolved, through litigation and mediation, construction defect claims and related claims for breach of contract, negligence, and unfair trade practices, with damages totaling in excess of $2 million, asserted on behalf of the owner of a residential apartment building.
- Prosecuted reverse discrimination claims, including claims for unequal compensation, failure to promote, and hostile work environment, on behalf of a former executive of a multinational corporation.
- Successfully represented seven state court judges, two local officials and a state official in an action seeking the expungement of financing statements filed unlawfully by a disgruntled litigant.