Steven E. Abelman

Steven E. Abelman

Shareholder

Background

More than 30 years of commercial litigation experience. Trusted advisor and trial counsel to banks, lending institutions and a variety of organizations. Recognized by his peers for his expertise at the intersection of litigation and transactional law.

Steve Abelman helps clients achieve positive resolutions to business disputes. He understands the value of relationships for achieving a client’s objectives and 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 loan 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 and distressed asset sales. He also represents parties with regard to UCC matters and equipment lessors.

Known as a top bankruptcy attorney, Steve has been a frequent lecturer on bankruptcy and creditors’ rights topics. 

Representative Matters

Recent Experience

  • 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.

  • 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.

  • Represented IMEX Global Solutions, LLC, a portfolio company of Lion Equity Partners, a Denver-based private equity firm, in obtaining a revolving credit facility.

  • 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.

  • Represented the lender of $13 million residential development. Brownstein also represented the company in a lender liability defense.

  • Represented a private high school in a $12 million workout with bondholders.

  • Represented the purchaser in the sale of an equipment lease portfolio involving investment-grade paper.

  • Counsel to a major national bank in a workout of a $10 million loan secured by Western Slope hospitals.

  • 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.

  • Counsel to a major national bank in a workout of a $10 million loan secured by Western Slope hospitals.

Insights & Publications

Credentials

Education

  • J.D., 1984, Whittier College Law School
  • B.S., 1979, University of Chicago

Admissions

  • Colorado, 1984
  • U.S. Supreme Court
  • U.S. District Court, District of Colorado

Memberships

Colorado Bar Association, Bankruptcy Subcommittee

Denver Bar Association

Community Involvement

COMMUNITY INVOLVEMENT:

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

Recognition

AWARDS:

Best Lawyers in America, 2009-2024

5280 Top Lawyers, Bankruptcy, 2015-2018

American Jurisprudence Award winner in Civil Procedure and Criminal Law

Colorado Super Lawyers, 2006-2016, 2023

5280 Magazine, Top Attorney List, 2006-2011