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Stephen Moeller-Sally
Partner
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Ropes & Gray
Prudential Tower
800 Boylston Street
Boston, MA 02199-3600

T +1 617 951 7012
+1 617 854 2133 secretary
ssally@ropesgray.com




Steve works with lenders, bondholders, private equity funds and their portfolio companies to devise creative approaches to unlocking value in out-of-court and in-court restructurings. Steve has particular experience representing secured creditors in workouts and Chapter 11 cases and has assisted these clients in developing strategies to profitably resolve intercreditor disputes and to acquire distressed assets through receiverships, foreclosures and credit bids in section 363 sales.

Representative Clients and Matters

  • Represented an ad hoc committee of Second Priority Senior Secured Noteholders in the restructuring of Satelites Mexicanos S.A. de C.V. through a prepackaged chapter 11 plan, which was honored as “Deal of the Year 2011” by Latin Lawyer Magazine.
  • Represented the secured lenders of Complete Energy Holdings LLC in the consensual foreclosure upon the holding company equity in an 837MW electric generating facility.
  • Represented one of the largest holders of $7 billion in first lien and mezzanine debt in the out-of-court restructuring of Education Media Publishing Group (owner of Houghton Mifflin Harcourt Publishers Inc) and its affiliates.
  • Represented a group of US Term Loan Lenders under the $2.5 billion credit facility of SemCrude, L.P., a midstream energy services provider, maximizing returns to this group in an intercreditor dispute with the working capital lenders under the same facility.
  • Represented the largest non-TARP lender to Chrysler LLC in negotiations over Chrysler’s chapter 11 plan.
  • Represented a group of First Lien Term Loan Lenders to Plastech Engineered Products Inc., a manufacturer of automotive parts, in the successful credit bid acquisition of Plastech’s interior and exterior parts businesses through joint ventures with two separate strategic partners.


Honors & Awards

  • Massachusetts Super Lawyers - Rising Stars (2005-2007, 2009, 2011)



©1996-2012 Ropes & Gray LLP. All rights reserved.

Education
  • JD, Harvard Law School, 2001; Managing Editor, Harvard Law Review
  • PhD (Slavic Languages and Literatures), Harvard University, 1992
  • MA (Slavic Languages and Literatures), Harvard University, 1992
  • BA (Russian and East European Studies), summa cum laude, Yale University, 1984


Bar Admissions
  • Massachusetts


Courts
  • U.S. District Court for the District of Massachusetts
  • U.S. Court of Appeals for the First Circuit
  • U.S. District Court for the Eastern District of Michigan


Memberships & Affiliations

  • American Bankruptcy Institute
  • American Bar Association
  • Boston Bar Association


Languages

  • Russian


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