Steve helps clients achieve positive resolutions to business disputes. He understands the value of relationships for achieving a client’s objectives. He provides his clients with the critical information and insights necessary for risk management.
Steve combines sage advice, objective counsel with effective advocacy. His more than 30 years handling lending workouts and dissolutions provide him with unique transactional aptitude for a commercial litigator. He serves as a trusted advisor and trial counsel to many banks and other lending institutions, as well as to businesses of various sizes. He is especially known for his success in representing creditors in large commercial bankruptcy cases, receiverships and foreclosures, defending banks in lender liability cases, and representing both debtors and creditors in workout scenarios. He also represents parties with regard to UCC matters and equipment lessors.
Recognized by his peers as a top bankruptcy attorney, Steve is a frequent lecturer on bankruptcy and creditors’ rights topics. Prior to joining the firm, he was a founding member at Cage, Williams, Abelman in Denver.
Counsel to a major national bank in a workout of a $10 million loan secured by Western Slope hospitals.
Counsel to a regional bank in the foreclosure of deed of trust and appointment of receiver to preserve the property and sale of commercial buildings in Frisco, Colorado.
Counsel to Regional Care Services Corporation, the parent company of Casa Grande Regional Medical Center based in Casa Grande, Arizona, in negotiating the sale of the hospital assets to Banner Health pursuant to an Asset Purchase Agreement and related transactions. Representation encompassed all aspects of this sophisticated sale transaction, including the sale process and APA, coordinating interim financing arrangements and reorganization under Chapter 11, and identifying and resolving all health care regulatory aspects of the foregoing.
Counsel to Vectra Bank Colorado in drafting and negotiating a deed in a lieu of foreclosure agreement and ancillary documents for a $6.2 million first loan and a $135,000 second loan on development property in the Eagle Brook Meadows subdivision in Larimer County, Colorado.
Represented a private high school in a $12 million workout with bondholders.
Represented First National Denver in BD Omni, LLC’s acquisition of High Point Omni Center, a 93,000 Square Foot Flex Industrial Project in Denver, Colorado.
Represented IMEX Global Solutions, LLC, a portfolio company of Lion Equity Partners, a Denver-based private equity firm, in obtaining a revolving credit facility.
Represented the lender of $13 million residential development. Brownstein also represented the company in a lender liability defense.
Represented the purchaser in the sale of an equipment lease portfolio involving investment-grade paper.
Board Member, Hillel of Colorado
Board Member, Metro Denver Economic Development Corporation
Board Member, Denver Scholarship Foundation
Former Board Member, Jewish Community Foundation of Colorado
Loan Workouts: First Steps for Commercial Property OwnersCo-author, Colorado Real Estate Journal, June 1, 2020
A Tale of Two LiensColorado Bankers Journal, Nov.-Dec. 2004
An Exception to the Equal Division of Community Property - Is Turnabout Fair Play?Author, Whittier Law Review, 1984
Best Lawyers in America, 2009-2020
5280 Top Lawyers, Bankruptcy, 2015-2018
American Jurisprudence Award winner in Civil Procedure and Criminal Law
Colorado Super Lawyers, 2006-2016
5280 Magazine, Top Attorney List, 2006-2011
Colorado Bar Association, Bankruptcy Subcommittee
Denver Bar Association