Grant Stein is a senior partner and former chair of Alston & Bird's Bankruptcy, Reorganization & Workouts Group. His diverse practice includes the representation of debtors, secured and unsecured creditors, creditors' committees, and fiduciaries in complex and difficult out-of-court workouts, debt restructurings, bankruptcy cases and financial transactions throughout the United States and internationally. He also regularly represents officers, directors and other parties in bankruptcy litigation of all kinds. His restructuring experience includes manufacturing, real estate, wholesale, retail, health care, aviation, communications, technology and intellectual property issues.
Mr. Stein is a Fellow of the American College of Bankruptcy, currently serves on its Board of Directors and as co-editor of College Columns, and served on its Board of Regents (2007-2011). He is identified as a top practitioner in Chambers USA: America’s Leading Lawyers for Business and in Super Lawyers magazine, and was selected as the Best Lawyer for 2011 for Georgia Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Bankruptcy Litigation by Best Lawyers.
Mr. Stein served as law clerk to The Honorable W. Homer Drake, and has written numerous articles and regularly lectures around the country.
- Debtor’s counsel to a manufacturing company in its financial restructuring and Chapter 11 case.
- Counsel to shopping center developers dealing with hundreds of millions of dollars of debt with numerous lenders and complex joint venture structures restructured out of court.
- Counsel to home builders dealing with hundreds of millions of dollars of debt with numerous lenders restructured out of court.
- Counsel to senior lenders in real estate workout, foreclosures, and bankruptcies including to a major lender on its $1.2 billion in claims successfully resolved in the General Growth bankruptcy case.
- Bankruptcy litigation counsel for a national company in parallel bankruptcy and district court litigation concerning bankruptcy plan confirmation and lender liability issues.
- Counsel in numerous past and pending bankruptcy suits and investigations dealing with director and officer claims, and in the liquidation of a private equity fund.
- Counsel to a Chapter 11 trustee in an investigation that led to bringing successful claims for breach of fiduciary duty and violations of bankruptcy disclosure requirements and confirming a plan that has generated a recovery to general unsecured creditors of 47 percent of their claims.
- Counsel on several different commercial fraud cases dealing with more than $200 million in embezzled funds and Ponzi schemes.
- Counsel on two separate confidential internal investigations.
- Counsel for a major unsecured creditor on the resolution of its $89 million claim and related issues in a large national bankruptcy case.
- Bankruptcy counsel to a purchaser on $379 million portion of a consortium bid in the acquisition of a portion of the assets of a bankruptcy estate in a large national bankruptcy case.
- Debtor’s counsel for a 400-store retail chain, which had over $80 million in debt and operations in ten states. Successfully completed a sale of assets in less than two months under Section 363 of the Bankruptcy Code, with proceeds sufficient to pay the secured creditors in full. There have been cash distributions to unsecured creditors in excess of 45 cents on the dollar. Also handled the commercial real property lease assumption issues on over 400 leases and the claims resolution process in the case (addressing over 3500 claims) and preference litigation.
- Debtor’s counsel for a national advertising company with over $140 million in debt and over 7,000 nonresidential real property leases, which utilized Chapter 11 to repay all secured creditors and convert public bond debt to equity in a reorganized company.
- Debtor’s counsel in the Chapter 11 case of a manufacturer in which the debtor was sold as a going concern, with a complete return to secured creditors, with a plan subsequently being confirmed.
- Lead bankruptcy counsel on a $9 billion private structured finance transaction.
- Counsel to national distributors in multimillion-dollar claims against, and settlements with, national retailers in their bankruptcy cases.
- Counsel in multimillion-dollar creditor collection cases.
- Appellate counsel in obtaining the reversal of an adverse preference judgment in a complex case before the United States Court of Appeals of the Eleventh Circuit and the reversal of an adverse injunction in a complex case before the United States Court of Appeals of the Sixth Circuit.
- Counsel with contract parties in airline bankruptcy cases.
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March 6, 2012
In The Press
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September 12, 2011
In The Press
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July 5, 2011
In The Press
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August 30, 2010
In The Press
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June 11, 2010
In The Press
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June 12, 2009
In The Press
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January 21, 2009
In The Press
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July 11, 2008
In The Press
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Feb 21, 2008
In The Press
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17 September 2007
In The Press
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15 June 2007
In The Press
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23 February 2007
In The Press
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"The Intersection of Receiverships and Bankruptcy," The Bankruptcy Strategist, February 2010.
February 2010
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Business Valuation and Bankruptcy, John Wiley & Sons, November 2009.
November 2009
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"Post-Petition Enforcement Against the Seller of Contracts for the Sale of Goods," The Bankruptcy Strategist, July 2006.
July 2006
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2005 Bankruptcy Revisions: Implications for Businesses and Financial Advisors, American Institute of Certified Public Accountants, Inc. and Association of Insolvency and Restructuring Advisors, 2005.
2005
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Spring 2002
Past Events
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September 18, 2009
Seminar
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March 14, 2006
Seminar
- Former chair and president of the AIRA
- Former chair and president of the Southeastern Bankruptcy Law Institute