JEFFREY C. STEEN is a partner in the Corporate Reorganization and Bankruptcy practice group in the Chicago office. He joined the firm in 1985 and became a partner in 1993. His principal areas of practice are bankruptcy, corporate reorganization, financial restructuring, workouts and creditors’ rights. Mr. Steen has extensive experience in advising all major constituents in sophisticated debt restructurings and corporate reorganizations, both in and out of court, including public company debtors, private company debtors, boards of directors, senior lending syndicates, creditors’ committees, and other creditors and parties in interest. For example, Mr. Steen has recently represented several large public companies in their chapter 11 reorganizations, including Tribune Company, R.H. Donnelley Corporation (n/k/a Dex One Corporation), Federal-Mogul Global Inc. and Owens Corning. In addition, Mr. Steen has represented several clients in connection with the purchase or sale of a variety of businesses either in bankruptcy or in out-of-court foreclosures or workouts.
In 2012, the Corporate Reorganization and Bankruptcy group was bestowed by Chambers USA with its prestigious Award for Excellence for 2012 as the outstanding restructuring practice of the year, and was also named by Law 360 as one of the leading U.S. restructuring practices of the year.
Mr. Steen has spoken on a variety of strategic restructuring and bankruptcy topics. He is also the co-author of “Federal-Mogul Prompts Preemption Precedent” in the October 2012 edition of the American Bankruptcy Institute Journal. He is a contributing author of “Part XIII: Chapter 11 Cases,” Ginsberg & Martin on Bankruptcy (4th ed. 1997). Prior to joining the firm, Mr. Steen clerked for the Honorable Bernard M. Decker, U.S. District Court, Northern District of Illinois from 1984-85.