Steven Z. Szanzer

Represents debtors and creditors in large chapter 11 cases, restructurings, workouts, cross-border insolvencies and other matters.
Steve represents debtors and creditors in large chapter 11 cases, restructurings, workouts, ancillary/cross-border insolvency cases, foreign restructurings, chapter 7 cases, commercial transactions and lending arrangements. He serves clients across industries including financial, grocery, energy, retail, shipping, space and telecommunications, manufacturing, recycling and waste handling equipment, automotive, airline, cable and broadcasting, gambling, resort, medical supplies, healthcare, senior care, pharmaceutical, chemical and project finance.
Steve has advised chapter 11 debtors, secured and unsecured creditors, official and ad hoc committees of creditors, investors, borrowers, agents for lender syndicates, indenture trustees, special servicers, large debt holders, acquirers of assets of distressed companies, plan sponsors, plan administrators, purchasers and sellers of claims against chapter 11 debtors, landlords, and financial and other consultants.
Experience highlights
Recent Representations
- Instant Brands chapter 11 filing and $257.5 million DIP financing
- Invacare chapter 11 plan confirmed
- Bed Bath & Beyond chapter 11 filing
- K&N Engineering recapitalization
- Neovia Logistics recapitalization
- Neovia Logistics recapitalization
- Grupo Aeroméxico emerges from chapter 11
- Grupo Aeroméxico confirms chapter 11 plan
- Dean Foods confirms chapter 11 plan, following sales of assets to six acquirers
- Dean Foods sale of assets to six acquirers, including Dairy Farmers of America
- Dean Foods announces sale of operations to Dairy Farmers of America
- Dean Foods chapter 11 filing and $850 million DIP financing
- $2.1 billion restructuring of Sable Permian Resources
- Southcross Energy Partners chapter 11 filing and $255 million DIP financing
- TerraVia Enters Into an Agreement for Sale of Substantially All of Its Assets Subject to Competitive Bidding Process and Files for Chapter 11
- Davis Polk Advises Administrative Agent and Secured Lender Steering Committee in Connection with $1.75 Billion Restructuring Plan for C&J Energy Services
Education
- Member, Fordham Urban Law Journal
- summa cum laude
- Golden Key National Economic Honor Society
- Omicron Delta Epsilon International Economic Honor Society
Professional history
- Counsel, Davis Polk, 2016-present
- Milbank, Tweed, Hadley & McCloy, 2009-2016
Qualifications and admissions
- State of New York
- U.S. District Court, E.D. New York
- U.S. District Court, S.D. New York