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Stephen B.
Grow

  • Partner

I enjoy the challenge of taking a complicated financial and legal puzzle, filled with competing stakeholders, and fitting the pieces together to achieve the best outcome for my client. But the most rewarding aspect of my job is walking together with a client through the trying process of addressing financial insolvency as a trusted advisor and seeing the client through to new start.

Stephen Grow's practice is concentrated in corporate restructuring and bankruptcy. He has counseled and represented both secured lenders and borrowers in out-of-court workouts, and trustees, debtors, creditors’ committees, secured lenders and other stakeholders in complex bankruptcy cases throughout the U.S.

  • Restructuring counsel in representation of multiple cross-state and foreign Tier I suppliers and affiliate subsidiaries in successfully negotiating over $500 million in price relief and other financial accommodations.
  • National bankruptcy counsel for automotive finance company and responsible for all bankruptcy matters in the Eastern United States.
  • Lead debtor counsel in In re Michigan Sporting Goods Distributors, Inc. (MC Sports) a $170 million retail sporting goods chain operating 68 stores located throughout the Midwest.
  • Bankruptcy counsel to Chapter 7 trustee in In re EH Liquidating, Inc., involving the sale of an iconic helicopter manufacturer for over $10 million and settlement of objections to $32 million in
  • Restructuring counsel in representation of multiple cross-state and foreign Tier I suppliers and affiliate subsidiaries in successfully negotiating over $500 million in price relief and other financial accommodations.
  • National bankruptcy counsel for automotive finance company and responsible for all bankruptcy matters in the Eastern United States.
  • Lead debtor counsel in In re Michigan Sporting Goods Distributors, Inc. (MC Sports) a $170 million retail sporting goods chain operating 68 stores located throughout the Midwest.
  • Bankruptcy counsel to Chapter 7 trustee in In re EH Liquidating, Inc., involving the sale of an iconic helicopter manufacturer for over $10 million and settlement of objections to $32 million insider claim of Chinese parent.
  • Michigan bankruptcy counsel for UBS AG and Merrill Lynch Capital Services in In re the City of Detroit, counterparties to interest rate swap and credit agreements with the City of Detroit who held over $280 million in swap claims.
  • Lead debtor counsel to the Chapter 11 Trustee In Re Outdoor Resources, Inc., resulting in the sale of substantially all assets of 2,000 acre resort and multiple affiliated debtors under a confirmed plan of reorganization.
  • Lead debtor counsel in In Re Hastings Manufacturing, Inc., a 90 year old automotive supplier, resulting in a going concern sale of substantially all assets of the debtor to private equity for $7.3 million in cash and assumption of liabilities.
  • Michigan bankruptcy counsel to the debtor in In Re Aurora Oil & Gas Corporation and Hudson Pipeline & Processing Company, successfully confirming a plan to restructure $120 Million in secured debt.
  • Michigan bankruptcy counsel to the second lien lenders in BHM Technologies Holdings, Inc., who were owed in excess of $72 Million.
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Stephen B.
Grow

  • Partner
Grand Rapids

My admin

I enjoy the challenge of taking a complicated financial and legal puzzle, filled with competing stakeholders, and fitting the pieces together to achieve the best outcome for my client. But the most rewarding aspect of my job is walking together with a client through the trying process of addressing financial insolvency as a trusted advisor and seeing the client through to new start.

Stephen Grow's practice is concentrated in corporate restructuring and bankruptcy. He has counseled and represented both secured lenders and borrowers in out-of-court workouts, and trustees, debtors, creditors’ committees, secured lenders and other stakeholders in complex bankruptcy cases throughout the U.S.