PDF Email Page Print Friendly Page Contact
Stephen B. Selbst: matters
Profile Matters News Events Publications
Ongoing
Intelsat - Tribune Company
Representation of Intelsat Corporation in chapter 11 proceedings of a diversified media company. (D. Del.)
Ongoing
Intelsat - Equity Media Holdings Corp.
Representation of Intelsat Corporation in connection with chapter 11 proceedings of a television station operator. (E.D. Ark.)
Ongoing
Bridgestone Tire - General Motors Corporation
Representation of Bridgestone Tire in the chapter 11 proceedings of General Motors Corporation. (S.D.N.Y.)
Ongoing
Bridgestone Tire - Chrysler LLC
Representation of Bridgestone Tire and Colorado dealers in the chapter 11 proceedings of Chrysler LLC. (S.D.N.Y.)
2009
Intelsat - Protostar
Representation of Intelsat as successful purchaser of Protostar I satellite for $210 million in bankruptcy auction (D.Del).
2009
Intelsat - Sea Launch
Representation of Intelsat Corporation in Chapter 11 proceedings of satellite launch service provider (D.Del).
2009
Intelsat–Bantel, LLC
Representation of Intelsat Corporation in chapter 11 proceedings of chapter 11 proceedings of satellite telecommunications company (S.D. Fla.)
2009
Citicorp el al.- General Growth Properties Inc.
Representation of Oakwood lender group in chapter 11 proceedings of diversified mall property operator (S.D.N.Y.).
2008
Berry-Hill Galleries - $20 Million Mortgage
Representation of Berry-Hill Galleries, a prominent New York art gallery, in a $20 million mortgage secured by the company's real estate. (Prior firm experience)
2008
RFR Holdings - Salander-O'Reilly Galleries Bankruptcy
Representation of RFR Holdings, LLC, the landlord for the Salander-O'Reilly Galleries, which was in Chapter 11. Filed motion for relief from stay and successfully obtained possession of leased premises for landlord. (Prior firm experience)
2008
Intelsat - Verestar Bankruptcy
Representation of Intelsat Ltd. in connection with its $15 million of unsecured claims and defended $3.5 million of preference claims, which were resolved through negotiation on favorable terms to Intelsat. (Prior firm experience)
2007
Berry-Hill Galleries - Chapter 11
Representation of equity holders of a prominent New York art gallery in connection with the negotiation and documentation of a Chapter 11 plan and exit financing, including a $35 million exit financing facility. (Prior firm experience)
2007
Grace Industries - Bankruptcy Acquisition
Representation of the successful bidder for Grace Industries, a New York City-based asphalt contractor. Negotiated the purchase agreement with the debtor and the creditors' committee and obtained bankruptcy court approval for the transaction. (Prior firm experience)
2007
Honeywell - North American Refractories Bankruptcy
Representation of Honeywell in the Chapter 11 proceedings of North American Refractories Company, an asbestos case. The plan of reorganization for NARCO was confirmed in 2007; it is currently on appeal to the United States District Court for the Western District of Pennsylvania. (Prior firm experience)
2007
American Marine Holdings - $35 Million Refinancing  
Representation of American Marine Holdings in connection with the refinancing of a Fleet Capital loan with a new $35 million loan from First Capital, LLC. (Prior firm experience)
2005
Parmalat USA - Chapter 11
Representation, as co-counsel, of US affiliates of the international Parmalat group in their Chapter 11 proceedings. Case resulted in a successful restructuring from a business and financial perspective. (Prior firm experience)
2005
IESI Corporation - $950 Million Sale
Representation of IESI, an integrated waste management company, in its sale to BFI Canada, a Canadian public company, for approximately $950 million. (Prior firm experience)
2005
Bayside Capital  - $50 Million Bankruptcy Acquisition of Sola Communications
Representation of Bayside Capital LLC in its $50 million acquisition of Sola Communications LLC in the bankruptcy court for the Western District of Louisiana.  (Prior firm experience)
2005
Yum! Brands - Hearth Management Group Mediation
Representation of Yum! Brands, Inc. and subsidiaries Taco Bell, KFC and Pizza Hut in adversary proceedings arising out of a breach of contract claim. Plaintiffs originally sought in excess of $25 million in damages. Case successfully resolved through mediation for a nominal amount.  (Prior firm experience)
2005
American Marine Holdings - Sale of Minority Interest
Representation of American Marine Holdings in connection with the sale of a minority interest to a private equity investor. (Prior firm experience)
2004
IESI Corporation - $200 Million Landfill Acquisition
Representation of IESI, an integrated waste management company, in its acquisition of Seneca Meadows, a $200 million landfill in upstate New York, at the time the largest acquisition in the company's history. (Prior firm experience)
2004
Presstek - 363 Acquisition of AB Dick Company
Representation of Presstek, Inc., a leading manufacturer and marketer of high-tech digital imaging solutions, in its acquisition via 363 sale of AB Dick, a graphic arts equipment and supplies business. Negotiated acquisition agreement and DIP financing, led litigation team in discovery and contested hearings. Won approval for acquisition over creditors' committee objections and won all appeals arising from the case. (Prior firm experience)
2003
Motels of America - Chapter 11
Representation of the operator of approximately 100 budget motel properties that were forced to file for Chapter 11 after the lead lender declared a default on $130 million mortgage loan. Successfully stabilized company operations in Chapter 11, commenced litigation against the lender in bankruptcy court, which led to the consensual refinancing of the debtor's operations with a new lender and payment in full to all creditors. Negotiated and documented new $130 million exit financing facility. (Prior firm experience)
2003
IESI Corporation - $200 Million Notes Offering
Representation of IESI, an integrated waste management company, in a $200 million 144A notes offering. (Prior firm experience)