Steven Jerome’s practice primarily focuses on assisting clients (both debtors and creditors) with solving problems pertaining to insolvency and potential insolvency situations. His services include assessing businesses’ solvency and potential restructuring options from a legal and economic perspective, evaluating the assets reachable by creditors and competing creditors’ claims to available assets, reviewing and enforcing creditor’s rights, and protecting clients’ rights in state or federal courts. In addition, Steve has significant experience in providing bankruptcy advice on transactional matters, including non-consolidation, true sale, perfection and preference bankruptcy opinion.
Representative Cases
Lead attorney for numerous financial institutions with respect to bankruptcy, receivership and creditor's rights litigation
Lead attorney for Official Unsecured Creditors Committee Arizona Heart Institute, Ltd Chapter 11 bankruptcy
Lead bankruptcy attorney for officer/minority shareholder in Dexter Distributing, contested Chapter 11 proceedings, resulting in confirmation of successful acquisition Chapter 11 Plan, which resulted in acquisition of operating company
Lead debtor's attorney Prosoft Learning Corporation, successful Chapter 11 reorganization of public company
Lead attorney for Washington Glass, secured and principal creditor in Empire Glass Companies Chapter 11 bankruptcy
Lead attorney for State Court appointed receiver of Mandall Armor Design & Manufacturing, Inc.
Lead attorney for Broadcast Development, LLC secured creditor on principal asset (KFNX radio station) in North American Broadcast Chapter 11 bankruptcy
Counsel for debtor in $6.2 billion revenue MicroAge, Inc. bankruptcies including primary responsibility for litigating claim objections and in excess of 300 avoidance actions, which resulted in excess of 100% distribution to creditors
Counsel for creditor the Arab Monetary Fund in international fraud and insolvency cases
Significant Opinions
Lead bankruptcy attorney with respect to title perfection opinion on $320 million financing facility
Lead bankruptcy attorney with respect to bankruptcy non-consolidation opinions on several real estate financing transactions in excess of $125 million
Lead bankruptcy attorney with respect to bankruptcy opinions on several municipal bond issuances, industrial development authority bond issuances, and other bond issuances in excess of $205 million
Creighton University School of Law (J.D., cum laude, 1997)
Leavey School of Business, Santa Clara University (B.S., 1994)