Grant T. Stein - Alston & Bird LLP

Grant T. Stein

Listed in Best Lawyers since 1999
Phone: 404-881-7285

Grant Stein is a senior partner in Alston & Bird's Bankruptcy & Financial Restructuring Group. His diverse practice includes the representation of debtors, fiduciaries and secured and unsecured creditors in complex and difficult out-of-court debt restructurings, bankruptcy cases and financial transactions throughout the United States and internationally. He regularly represents officers, directors and other parties in insolvency-related litigation of all kinds. His restructuring experience includes manufacturing, real estate, wholesale, retail, health care, aviation, communications, technology and intellectual property issues, and he has done substantial work in receiverships and assignments for the benefit of creditors. 

Mr. Stein is a Fellow of the American College of Bankruptcy and currently is a Vice President of the College. He is a past president of the Association of Insolvency and Restructuring Advisors and the Southeastern Bankruptcy Law Institute, and is currently serving as Master of the Bench for the Drake Georgia Bankruptcy American Inn of Court and is Counselor-Elect. He is identified as a top practitioner in Chambers USA: America’s Leading Lawyers for Business and in Super Lawyers magazine. 

Mr. Stein served as law clerk to The Honorable W. Homer Drake, has written numerous articles and regularly lectures around the country.

Emory UniversityBBA 1978University of GeorgiaJ.D. 1981
American College of BankruptcyAIRA AIRA Southeastern Bankruptcy Law Institute

Case History

  • Debtor’s counsel to a manufacturing company in its financial restructuring and Chapter 11 case.
  • Counsel to shopping center developers dealing with hundreds of millions of dollars of debt with numerous lenders and complex joint venture structures restructured out of court.
  • Counsel to home builders dealing with hundreds of millions of dollars of debt with numerous lenders restructured out of court.
  • Counsel to senior lenders in real estate workout, foreclosures, and bankruptcies including to a major lender on its $1.2 billion in claims successfully resolved in the General Growth bankruptcy case.
  • Bankruptcy litigation counsel for a national company in parallel bankruptcy and district court litigation concerning bankruptcy plan confirmation and lender liability issues
  • Counsel in numerous past and pending bankruptcy suits and investigations dealing with director and officer claims, and in the liquidation of a private equity fund

Part 2
  • Counsel to a Chapter 11 trustee in an investigation that led to bringing successful claims for breach of fiduciary duty and violations of bankruptcy disclosure requirements and confirming a plan that has generated a recovery to general unsecured creditors of 47 percent of their claims.
  • Counsel on several different commercial fraud cases dealing with more than $200 million in embezzled funds and Ponzi schemes.
  • Counsel on two separate confidential internal investigations.
  • Counsel for a major unsecured creditor on the resolution of its $89 million claim and related issues in a large national bankruptcy case.
  • Bankruptcy counsel to a purchaser on $379 million portion of a consortium bid in the acquisition of a portion of the assets of a bankruptcy estate in a large national bankruptcy case.
  • Debtor’s counsel for a 400-store retail chain, which had over $80 million in debt and operations in ten states. Successfully completed a sale of assets in less than two months under Section 363 of the Bankruptcy Code, with proceeds sufficient to pay the secured creditors in full. There have been cash distributions to unsecured creditors in excess of 45 cents on the dollar. Also handled the commercial real property lease assumption issues on over 400 leases and the claims resolution process in the case (addressing over 3500 claims) and preference litigation.
Part 3
  • Debtor’s counsel for a national advertising company with over $140 million in debt and over 7,000 nonresidential real property leases, which utilized Chapter 11 to repay all secured creditors and convert public bond debt to equity in a reorganized company.
  • Debtor’s counsel in the Chapter 11 case of a manufacturer in which the debtor was sold as a going concern, with a complete return to secured creditors, with a plan subsequently being confirmed.
  • Lead bankruptcy counsel on a $9 billion private structured finance transaction.
  • Counsel to national distributors in multimillion-dollar claims against, and settlements with, national retailers in their bankruptcy cases.
  • Counsel in multimillion-dollar creditor collection cases.
  • Appellate counsel in obtaining the reversal of an adverse preference judgment in a complex case before the United States Court of Appeals of the Eleventh Circuit and the reversal of an adverse injunction in a complex case before the United States Court of Appeals of the Sixth Circuit.
  • Counsel with contract parties in airline bankruptcy cases.

Office Location

One Atlantic Center, Suite 4900
1201 West Peachtree Street
Atlanta, GA 30309-3424
United States

Lawyer of the Year Awards

2011 Lawyer of the Year in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law of the Atlanta Metro Area
Grant T. Stein has earned a Lawyer of the Year award for 2011!

Practice Areas

Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law (Chapter 12, Commercial)
Litigation - Bankruptcy