People

Stephen M. Blank is an associate in King & Spalding's Financial Restructuring practice, based in New York.  Stephen represents distressed investors, bondholder groups, ad hoc creditor groups, and major creditors, as well as debtors and other parties, in all aspects of workout and restructuring matters, including Chapter 11 and Chapter 9 bankruptcy cases, out-of-court restructurings and other distressed situations. Mr. Blank's practice spans a broad swath of industries, including energy, financial services, shipping and gaming.

Stephen earned his bachelor's degree in History from the Johns Hopkins University and his law degree, cum laude, from Brooklyn Law School, where he served as Managing Editor of the Journal of Law & Policy.

Full Bio

Credentials

J.D., Brooklyn Law School, cum laude

B.A., Johns Hopkins University

Connecticut

New Jersey

New York

U.S. District Court for the Eastern District of New York

U.S. District Court for the Southern District of New York

Judicial Clerk, James M. Peck, U.S. Bankruptcy Court for the Southern District of New York

Next Generation Leadership Program of the International Insolvency Institute


Inducted 2019

M&A Advisor Turnaround Award for the representation of Nuverra Environmental Solutions


Stephen was part of the team that received an M&A Advisor Turnaround Award for that team's representation of Nuverra Environmental Solutions, Inc. The restructuring was honored as the Restructuring Deal of the Year category (over $500MM to $1B).

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Recognition

Next Generation Leadership Program of the International Insolvency Institute


Inducted 2019

M&A Advisor Turnaround Award for the representation of Nuverra Environmental Solutions


Stephen was part of the team that received an M&A Advisor Turnaround Award for that team's representation of Nuverra Environmental Solutions, Inc. The restructuring was honored as the Restructuring Deal of the Year category (over $500MM to $1B).

Matters

Represents Barings Finance, LLC, as agent and term loan lender, in connection with the chapter 11 cases of Hollander Sleep Products, Inc., one of the country’s largest suppliers of pillows, mattress pads and other bedding products to the retail industry.

Pacific Drilling Inc. Chapter 11 cases: Represented Citibank, N.A. as agent and lender under a revolving credit agreement for Pacific Drilling S.A.

Toys “R” Us Inc. Chapter 11 Cases: Representing Bank of America N.A. as administrative and collateral agent under a secured credit facility totaling over $1 billion

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Matters

Represents Barings Finance, LLC, as agent and term loan lender, in connection with the chapter 11 cases of Hollander Sleep Products, Inc., one of the country’s largest suppliers of pillows, mattress pads and other bedding products to the retail industry.

Pacific Drilling Inc. Chapter 11 cases: Represented Citibank, N.A. as agent and lender under a revolving credit agreement for Pacific Drilling S.A.

Toys “R” Us Inc. Chapter 11 Cases: Representing Bank of America N.A. as administrative and collateral agent under a secured credit facility totaling over $1 billion

Westinghouse Electric Company LLC Chapter 11 Cases: Represented Citibank, N.A. as administrative agent, collateral agent and letter of credit issuer under the $800 million post-petition financing for Westinghouse Electric Company LLC

Nuverra Environmental Solutions, Inc. Prepackaged Chapter 11 Cases: Representing Nuverra Environmental Solutions, Inc. and its affiliates as debtors in their prepackaged Chapter 11 cases

Gasoducto Sur Peruano S.A. Peruvian INDECOPI Proceedings: Representing Natixis as administrative agent and lender under a term loan agreement guaranteed by Odebrecht S.A., Odebrecht Latinvest Peru Ductos S.A., and Graña y Montero

Groupo Isolux Corsan S.A.: Represent Chapter 15 debtors in connection with its Spanish and Dutch Prepackaged Proceedings

Genco Shipping & Trading Ltd.: Represented Genco Shipping & Trading and its affiliates as debtors in their prepackaged Chapter 11 cases

City of Detroit: Represented the holders of more than $1 billion certificates of participation in Detroit's Chapter 9 case

Patriot Coal Corp.: Represented funds that held over $360 million in secured prepetition debt and DIP Lenders in Patriot Coal's 2015 Chapter 11 case

Caesars Entertainment: Represented an ad hoc group of institutions holding more than $4 billion in first-lien bonds in Caesar's Chapter 11 case

Matters

Represents Barings Finance, LLC, as agent and term loan lender, in connection with the chapter 11 cases of Hollander Sleep Products, Inc., one of the country’s largest suppliers of pillows, mattress pads and other bedding products to the retail industry.

Pacific Drilling Inc. Chapter 11 cases: Represented Citibank, N.A. as agent and lender under a revolving credit agreement for Pacific Drilling S.A.

Toys “R” Us Inc. Chapter 11 Cases: Representing Bank of America N.A. as administrative and collateral agent under a secured credit facility totaling over $1 billion

See more
Icon close

Close

Matters

Represents Barings Finance, LLC, as agent and term loan lender, in connection with the chapter 11 cases of Hollander Sleep Products, Inc., one of the country’s largest suppliers of pillows, mattress pads and other bedding products to the retail industry.

Pacific Drilling Inc. Chapter 11 cases: Represented Citibank, N.A. as agent and lender under a revolving credit agreement for Pacific Drilling S.A.

Toys “R” Us Inc. Chapter 11 Cases: Representing Bank of America N.A. as administrative and collateral agent under a secured credit facility totaling over $1 billion

Westinghouse Electric Company LLC Chapter 11 Cases: Represented Citibank, N.A. as administrative agent, collateral agent and letter of credit issuer under the $800 million post-petition financing for Westinghouse Electric Company LLC

Nuverra Environmental Solutions, Inc. Prepackaged Chapter 11 Cases: Representing Nuverra Environmental Solutions, Inc. and its affiliates as debtors in their prepackaged Chapter 11 cases

Gasoducto Sur Peruano S.A. Peruvian INDECOPI Proceedings: Representing Natixis as administrative agent and lender under a term loan agreement guaranteed by Odebrecht S.A., Odebrecht Latinvest Peru Ductos S.A., and Graña y Montero

Groupo Isolux Corsan S.A.: Represent Chapter 15 debtors in connection with its Spanish and Dutch Prepackaged Proceedings

Genco Shipping & Trading Ltd.: Represented Genco Shipping & Trading and its affiliates as debtors in their prepackaged Chapter 11 cases

City of Detroit: Represented the holders of more than $1 billion certificates of participation in Detroit's Chapter 9 case

Patriot Coal Corp.: Represented funds that held over $360 million in secured prepetition debt and DIP Lenders in Patriot Coal's 2015 Chapter 11 case

Caesars Entertainment: Represented an ad hoc group of institutions holding more than $4 billion in first-lien bonds in Caesar's Chapter 11 case

Credentials

J.D., Brooklyn Law School, cum laude

B.A., Johns Hopkins University

Connecticut

New Jersey

New York

U.S. District Court for the Eastern District of New York

U.S. District Court for the Southern District of New York

Judicial Clerk, James M. Peck, U.S. Bankruptcy Court for the Southern District of New York

Next Generation Leadership Program of the International Insolvency Institute


Inducted 2019

M&A Advisor Turnaround Award for the representation of Nuverra Environmental Solutions


Stephen was part of the team that received an M&A Advisor Turnaround Award for that team's representation of Nuverra Environmental Solutions, Inc. The restructuring was honored as the Restructuring Deal of the Year category (over $500MM to $1B).

Icon close

Close

Recognition

Next Generation Leadership Program of the International Insolvency Institute


Inducted 2019

M&A Advisor Turnaround Award for the representation of Nuverra Environmental Solutions


Stephen was part of the team that received an M&A Advisor Turnaround Award for that team's representation of Nuverra Environmental Solutions, Inc. The restructuring was honored as the Restructuring Deal of the Year category (over $500MM to $1B).