Los Angeles:
400 South Hope Street
Los Angeles, CA 90071
Phone+1-213-430-7875
Fax+1-213-430-6407

 

Steve Warren

Partner


Steve Warren is a partner in O’Melveny’s Los Angeles office and a member of the Restructuring Practice.  He specializes in corporate finance, reorganizations, restructurings, and financial/bankruptcy litigation.  His practice includes workouts, restructurings and bankruptcies, as counsel to both creditors and corporate debtors.  He also represents clients in structuring complex financial transactions.

Additionally, Steve defends officers and directors in insolvency-related litigation, in which he often works in conjunction with members of our Litigation Department.  His D&O representations include successful resolutions in the First Executive-Executive Life Insurance securities and policy holder litigation and the Imperial Savings-RTC litigation. He also advises clients concerning bankruptcy risks in corporate transactions.

Illustrative Professional Experience

  • Represents Lenado Capital Partners in approximately US$275,000,000 in claims in the Movie Gallery bankruptcy case (including senior secured revolver claims, senior secured term debt and second lien debt)
  • Served as counsel to Seidler Equity Partners in the Sportsman's Warehouse bankruptcy case, converting claims in excess of US$100,000,000 into ownership of the reorganized company
  • Served as debtor's counsel to Gottschalks, Inc. in its bankruptcy case
  • Served as counsel to Edison International in the restructure of its utility operations in California
  • Represented Tower Records (MTS Incorporated) in its successful prepackaged bankruptcy plan of reorganization, which was confirmed within 35 days after filing and restructured the company's US$110 million in public bonds
  • Represented CIGNA in the MedPartners Provider Network and KPC Medical Management bankruptcies, and served on the Official Creditors Committee in both cases
  • Represented a 16-member lender group in their US$300 million credit facility agented by Deutsche Bank to American HomePatient, a home healthcare provider
  • Served as counsel to Prudential Insurance in the successful restructure of note obligations owed by Kelly-Moore Paint Company
  • Represented a group of bank lenders agented by Wachovia in the restructure of the obligations of Ocadian Care Centers, a nursing home chain
  • Serves as national counsel to Yahoo!, Inc. in the restructure of its investments in and claims against troubled business partners
  • Served as bankruptcy and litigation counsel in Phar-Mor's successful reorganization and adversary litigation
  • Acted as bankruptcy and litigation counsel for Megafoods Stores in its Chapter 11 bankruptcy case, which resulted in the sale of operations through a confirmed plan of reorganization
  • Represented Inamed Corporation, a breast implant manufacturer, in its successful resolution of its breast implant litigation
  • Served as counsel to a 20-member bank group agented by Wells Fargo Bank in the Revco case and LBO fraudulent conveyance litigation
  • Served as bank group counsel in the Kroy LBO reorganization
  • Counsel to CIGNA in the Pleasant Care bankruptcy case
  • Served as counsel to Wells Fargo in the successful restructuring and payment of the obligations of Atlas Hotels

Professional Activities

Admitted to Practice, US District Court, Central, Northern, Eastern, and Southern Districts of California; US District Court, District of Arizona; US Supreme Court
Law Clerk, Honorable Harry L. Hupp, US District Court, Central District of California
Member, American Bankruptcy Institute ("ABI") (elected "Best of ABI" speaker); Financial Lawyers Conference; Los Angeles County Bar Association, Commercial Law and Bankruptcy Section
Honors, Chambers USA (2011-2014); Best Lawyers in America (2006-2015); named a "Super Lawyer" in a survey conducted by Law & Politics Media Inc. and published in Los Angeles magazine; named a "Super Lawyer" in Super Lawyers - Corporate Counsel Edition 
Author, "Distressed Healthcare: Significant Considerations For Buyers, Sellers, Lenders, And Borrowers," American Health Lawyers Association Annual Conference 2009, Washington, D.C.; "A Creditors' Bargain Perspective of FDIC Insolvencies," Financial Services Yearbook, Volume 1; "With Friends Like These: Protecting Participants in Integrated Delivery Systems from Bankruptcy and Insolvency Risks," 1995 Health Law Handbook; "Feasting in a Flak Jacket: Bankruptcy Risks and Opportunities for Solvent Health Care Organizations," 1998 Health Law Handbook

Stanford Law School, J.D., 1988: with distinction; Order of the Coif; ranked second in class; Urban A. Sondheimer Scholastic Award

Stanford University, B.A., Economics and Political Science, 1983: with distinction; Phi Beta Kappa


California