Steven Koch is a partner in the Finance and Real Estate Practice Groups in Haynes and Boone's New York office. He focuses his practice in real estate law. He has closed many large, complex transactions for a variety of clients, including financial institutions, venture funds and private developers. He has been involved in joint ventures, multi-state lending, loan workouts, development work, sale-leaseback transactions, the purchase and sale of real properly and loans, and construction contracting.
For the past 15 years, Steven's primary focus has been in closing or buying subordinate debt positions such as mezzanine loans, B Notes, junior participations and preferred equity investments, on behalf of a variety of institutions.
Selected Representative Experience
Extended Stay Hotels, Inc. LBO/FC Litigation
Represented Archon Group, L.P. as a defendant in one of five related lawsuits filed in the U. S. Bankruptcy Court for the Southern District of New York by the litigation trust created after confirmation of the Chapter 11 plan of reorganization of Extended Stay Hotels, Inc. and its related entities. The lawsuits sought to challenge, as both intentional and constructive fraudulent transfers, the leveraged buyout (LBO) transaction through which David Lichtenstein and his many related entities acquired from The Blackstone Group, L.P. and its many related entities ownership of the Extended Stay Hotels chain.
Restructuring of Resort Company Facilities
Represented lender in one of several facilities with a resort company and several subsidiaries in the process of negotiating an out-of-court restructuring of in excess of $1 billion in debt facilities collateralized by various groups of properties.