Steve Loden

Location

Education

  • University of Houston Law Center (J.D., cum laude, 1997)
  • Texas A&M University (B.A. in Marketing, cum laude, 1993)

Areas of Practice:

Admitted to Practice:

  • Colorado
  • New York
  • Texas
Print  |  Email  |  Home

Steve Loden

Partner

(713) 333-5110

[email protected]

Download V-Card

View as PDF View as PDF

Steve Loden is a partner at Diamond McCarthy who practices law in the firm’s Houston office. Steve has extensive experience in all aspects of complex commercial litigation, with particular emphasis on representing debtors and creditors in litigation arising out of complex Chapter 11 reorganizations.  In his 20+ years of practice, Steve has been involved in some of the leading bankruptcy cases of their time, including representing the chapter 11 trustees of Howrey LLP and Dreier LLP, both of which were high-profile law firm bankruptcy cases.  With respect to the Dreier LLP case which was pending in the Southern District of New York, Steve served as lead litigation counsel to, and primary courtroom spokesperson for, the chapter 11 trustee, and oversaw the collection of over $40 million in litigation recoveries on behalf of creditors of the defunct law firm, which was operated as a front for an $800 million Ponzi scheme perpetuated by its named partner, Marc Dreier.  More recently, Steve helped to lead a team of Diamond McCarthy attorneys representing the operator of a major ski resort, ultimately negotiating a complex settlement of Colorado based claims arising out of a large residential real estate development adjacent to the resort. 

Prior to joining Diamond McCarthy in 2006, Steve practiced at Weil, Gotshal & Manges LLP, with significant responsibility for handling bankruptcy-related litigation arising out of the Enron and MCI/WorldCom chapter 11 cases.  While at Weil Gotshal Steve also helped defend American Airlines in an antitrust case brought by the U.S. Department of Justice related to the company’s response to the entry of low-cost carriers at Dallas-Ft. Worth Airport.

A graduate of the University of Houston Law Center, Steve is licensed to practice law in Texas, New York, and Colorado, and is admitted to practice in several United States District Courts and Courts of Appeal. He is a member of the State Bar of Texas, the New York State Bar Association, the Colorado Bar Association, the American Bar Association and the Houston Bar Association.

  • Lead bankruptcy litigation counsel to the chapter 11 trustee for Howrey LLP.
  • Lead litigation counsel and courtroom spokesperson for the chapter 11 trustee of Dreier LLP, which was a leading New York litigation law firm that was used by disgraced attorney Marc Dreier to carry out an $800 million Ponzi scheme. 
  • Counsel to the owner and operator of the Crested Butte Mountain Resort in Crested Butte, Colorado, in connection with various matters, including pursuit of breach of contract claims against non-paying third parties, receivership proceedings for a key hotel property at the resort, and the defense of claims brought by owners in a residential development adjacent to the ski resort. 
  • Litigation Counsel to the liquidating trustee of USA Capital Corp. in connection with its chapter 11 proceedings in Las Vegas, NV. 
  • Counsel to Enron Corp. in connection with its Chapter 11 cases. Steve was the primary associate assigned to make weekly bankruptcy court appearances on behalf of Enron Corp., and was responsible for representing Enron in numerous significant claims litigations and adversary proceedings involving hundreds of millions of dollars in claims and estate assets.
  • Lead litigation counsel to MCI/WorldCom in connection with objections to claims totaling over $25 million.
  • Litigation counsel to United Companies Financial Corporation in connection with its Chapter 11 bankruptcy proceedings, with responsibility for prosecuting numerous objections to claims on behalf of the estate.
  • Litigation counsel to General Motors Corporation in pursuit of claims against the Delphi Chapter 11 estate.
  • Litigation counsel to Washington Mutual (f/k/a Bank United) in defense of avoidance actions brought by the Chapter 11 trustee in connection with a failed mortgage broker business located in Atlanta, Georgia.
  • Litigation counsel to FARO Pharmaceuticals and Counsel Corporation in pursuit of fraud, fraudulent inducement, and breach of contract claims in Texas state court involving off-patent pharmaceuticals, resulting in a very favorable settlement.
  • Counsel to American Airlines in connection with its defense of the United States Department of Justice's antitrust claims relating to American Airlines' response to the entry of low-cost carriers at DFW Airport.