Fred Stevens

Partner

Mr. Stevens is a commercial restructuring lawyer whose practice focuses on the representation of trustees, creditors’ committees, debtors and creditors in complex bankruptcy cases, debt restructurings and related litigation.

Mr. Stevens employs a practical, results-oriented approach that helps his clients maximize value on their investments, and finds money in the tough cases.  Fred also routinely serves as a bankruptcy trustee in chapter 7 and chapter 11 cases.

Education:

St. John’s University School of Law – JD
St. John’s University – BS Finance

Bar and Court Admissions:

State of New York
State of Massachusetts
U.S. District Courts for Southern and Eastern Districts of New York
U.S. Court of Appeals for the Second Circuit
U.S. Tax Court

Professional Affiliations/Memberships:

Steering Committee for the New York City Bankruptcy Assistance Project
Chapter 11 Lawyers’ Advisory Committee for the United States Bankruptcy Court for the Eastern District of New York
American Bankruptcy Institute
National Association of Bankruptcy Trustees

Significant Fiduciary and Arbitration Roles:

  • Served as Member of Arbitration Tribunal in ICC Matter – Ace Group Intl., LLC v. 225 Bowery LLC
  • Served as Examiner in In re Gateway Kensington LLC
  • Served as Chapter 11 Trustee of EMC Hotels and Resorts LLC (The Time Nyack Hotel), EMC Bronxville, La Cremaillere Rest. Corp., Meyzen Realty, and 2111 Albany Post Road Corp.
  • Served as Post-Confirmation Fiduciary for the Malibu Lighting Creditors’ Liquidating Trust, Auburn Armature, and Atari Inc.

Significant Representations:

  • Chapter 7 Trustee of Fyre Festival LLC, the failed music festival created by Billy McFarland and Ja Rule.
  • Official Committee of Unsecured Creditors and Post-Confirmation Trustee for FKF 3, LLC, a $60 million real estate investment fund. Obtained over $50 million in judgments after a five-week jury trial on fiduciary duty and fraudulent transfer claims in 2018.
  • Debtor in the Chapter 11 construction case of Advanced Contracting Solutions LLC. Obtained authority to sell the assets of the company over objections of multiple labor unions and employee benefit funds (decision reported at 582 B.R. 285 (Bankr. S.D.N.Y. 2018).
  • Debtors in the Chapter 11 cases of Hypnotic Taxi, LLC and related debtor-owners of New York City Tax Medallions, owned by Evgeny Freidman.
  • Debtor in the Chapter 11 case of Hospital Audiences Inc., a storied New York City arts charity.
  • Chapter 7 Trustee in Revolate Holdings, an advertising firm and investment vehicle, in connection with a multimillion-dollar settlement of director and officer liability claims.
  • Official Committee of Unsecured Creditors for Spectrum Healthcare LLC, Sonix Medical Resources, Inc., Word World LLC, Cavalry Construction, Inc., OMC, Inc., Lehr Construction and Cool Sheetmetal Inc.
  • Numerous defendants of avoidance recovery actions in MF Global bankruptcy cases
  • Petitioning Creditors in involuntary cases of Jacoby & Meyers – Bankruptcy, LLP and Macey Bankruptcy Law P.C.
  • Estate of Hilly Kristal as a secured lender in the CBGB Holdings, LLC bankruptcy case

News: