Steve focuses his practice on sales and purchases of businesses, financing, securities placements, and related work for mid-sized corporations, banks, credit unions, financial groups, and professional athletes and sports franchises. He also works with distressed businesses in their reorganization efforts. Steve serves on the firm's board of directors.
Steve counsels his clients on purchase and sale of businesses, secured financing transactions, securities placements, and negotiation of corporate documents. He often consults and/or associates with lawyers regarding their financially distressed business clients, has been instrumental in the reorganization of a number of businesses, and has been appointed as counsel for creditor committees. Steve also applies his corporate experience in the representation of professional athletes, agents, and franchises, documenting everything from endorsement contracts to secured financing deals.
Steve is a frequent author and lecturer and most recently taught a class at the University of Miami Law School called 'Representing a Professional Sports Franchise'. His co-instructors included Danna Haydar, Associate General Counsel at the Tampa Bay Lightning and Kevin Warren, COO of the NFL's Minnesota Vikings. Additionally, Steve serves as an Advisory Board member of the University of Miami School Sports and Entertainment Law LLM. The firm is nationally recognized for its work in sports law and was recently recognized by Holt Hackney Publications as one of the Top 20 Law Firms in the Professional Sports Team Industry.
The firm held it's third Sports Law CLE and Players Panel with representatives from professional and amateur sports, owners and executives, agents and agencies, athletes, venues and arena management companies, corporate sponsors, and sporting equipment manufacturers attending. Steve led the programming for this day long CLE event featuring speakers from all facets of pro and amateur sports including the Olympics, college & university programs and the major leagues.
Steve is an adjunct professor at his alma mater, William Mitchell College of Law. In the spring of 2009, Steven and Thomas G. Wallrich launched the Bankruptcy Clinic at the University of St. Thomas Law School in conjunction with the University’s School of Psychology and Social Work. The clinic provides pro bono bankruptcy services as well as counseling to indigent people.
Steve's professional memberships include the Hennepin County Bar Association, Minnesota State Bar Association, State Bar of Wisconsin, The Florida Bar, The Association of Trial Lawyers of America, and Turnaround Management Association. Steve has been rated by Martindale-Hubbell for ethics and legal ability, and was named to the Rising Star list in 1999 by Law & Politics magazine and published in Minneapolis-St. Paul magazine. In 2011, Steve was included on Minnesota Super Lawyers magazine’s list of the “Top 100 Minnesota ‘Super Lawyers.’” Since 2002, he has been named to the "Super Lawyers" list by Minnesota Super Lawyers magazine, and published in Minneapolis-St. Paul magazine.
Steve is active in the community serving on the board of Bolder Options and the Jack Brewer Foundation, in addition to a committee at the University of Minnesota. He is board chairman of the Sanneh Foundation, an academic enrichment program that is in all of the St. Paul schools, as well as some in Minneapolis. More than 6,000 children go through their program annually.