Related Practices

Admitted to Practice

California, 1979
U.S. Supreme Court, 1984
U.S. Court of Appeals 9th Circuit, 1982
U.S. Court of Appeals D.C. Circuit, 1983
U.S. District Court Central District of California, 1979
U.S. District Court Northern District of California, 1980
U.S. District Court Southern District of California, 1983
U.S. District Court Eastern District of California, 1982

Steven G. Polard

Partner

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Los Angeles

T213.633.8642

F213.633.6899

Steven Polard is a veteran bankruptcy and commercial litigator with more than three decades of experience. He advises clients in bankruptcy and creditors’ rights litigation, real estate, and commercial litigation. Steven represents banks and commercial mortgage-backed security special servicers and secured creditors in many different areas, including aerospace, real estate, hospitality, retail, franchising, international, health care, and intellectual property, and has also counseled the RTC, MDIFC, and FDIC in numerous distressed financial institution matters over the years. Steven also has been a speaker on U.S. bankruptcy law in the United States and abroad, including Tokyo, Japan; Dusseldorf, Frankfurt, and Munich, Germany; and Vancouver, British Columbia.

Representative Experience

In re: Capitol Properties, LLC

Represent first perfected secured lender interests as to loan balance of about $4.7 million on commercial real estate in the E.D. California, including in reorganization process, and with respect to related adversary action challenging $1.5 million insider claim. (Ongoing)

In re: Krishan Corporation, dba Days Inn San Jose

Represent the purchaser of a CMBS originated secured real property loan. (Ongoing)

In re Pecan Square*

Represented CIII Asset Management LLC in obtaining dismissal of a large commercial real estate Chapter 11. (2011)

In re Quarry Pond (shopping center)*

Represented secured creditor CMBS client in $28 million claim, defeating plan confirmation (twice) and obtained relief from stay. (2011)

In re Tru-Emaan

Representation of Baskin Robbins with respect to bankrupt franchisees. (2011)

In re Pasadena Playhouse*

Represented the City of Pasadena as the major creditor in the successful Chapter 11 reorganization of the Pasadena Playhouse. (2010)

Weyerhaeuser cases *

Represent Weyerhaeuser's MW Housing and WRI affiliates as secured creditor in many commercial real estate and home builder bankruptcies in California. (2008-2011)

In re Apex Voice Communications, Inc.*

Reorganized VoIP company in a successful Chapter 11 case. (2005)

Pacific Union Bank v. Atlantic Properties*

Represented Pacific Union Bank and Jamison Properties in real estate litigation including through bankruptcy of borrower on commercial property. (2005)

In re Mexmil*

Represented Boeing as a secured creditor in bankruptcy case involving a supplier bankruptcy. (2002)

In re Philippine Airlines*

Represented Boeing as a lead trial counsel secured creditor in bankruptcy case involving a sovereign insolvency proceeding in a U.S. Bankruptcy Court ancillary proceeding. (1998)

Intercredit v. Yugoslavian Airlines*

Represented aircraft lessor and secured creditor in repossession of commercial aircraft and writs of attachment. (1993)

In re Continental Airlines*

Represented Interface, Inc. as a lessor/secured creditor. (1991)

In re Maxicare, Inc.*

Appointed as ex officio member of Official Creditors' Committee in major health care industry bankruptcy, representing interests of hospital creditors as a distinct sub-group of creditors. (1991)

FSLIC v. Ford*

Represented chairman of board and other officers in savings and loan takeover case. (1986)

de la Cuesta v. Fidelity Federal Savings & Loan Assn.*

Represented savings and loan on team of three lawyers that won major due on sale case in the United States Supreme Court. (1984)

Represented publicly-traded companies in hospital bankruptcies*

Assisted major NYSE listed companies in a range of matters with respect to Chapter 11 hospital bankruptcies nationwide.

* Denotes experience completed at a prior firm

Additional Qualifications

Partner, Perkins Coie LLP, Los Angeles, 1997-2011
Partner, Graham & James, 1989-1997

Professional & Community Activities

Board of Governors, Japan America Association
Past Member, Commercial Law Subcommittee, Bankruptcy Section; Member, International Law Section – Los Angeles County Bar Association,
Foreign Trade Association, 1989 - 1994
Bankruptcy Forum
Financial Lawyers’ Conference
International Financial Institutions Association, California
International Bankers Association, California