Partner Steven T. Gubner represents lenders, Fortune 500 companies and their financing divisions. With a particular focus in the area of commercial collections for banks and financial institutions, he has successfully litigated heavily contested cramdown issues relating to multimillion-dollar real/personal property and equity line financing. Among his additional areas of experience are:
- Commercial foreclosures
- Bankruptcies and high-stakes insolvency cases
- Appeals before the Bankruptcy Appellate Panel and U.S. Ninth Circuit Court of Appeals
- Pre-bankruptcy and pre-workout advice and planning
Known in the insolvency area as the “involuntary bankruptcy go-to lawyer,” Mr. Gubner is well regarded for managing the sensitive issues surrounding the filing of an involuntary bankruptcy.
Practice Emphasis
- Business Disputes
- Commercial Collection
- Watercraft Law
- Financing
- General Commercial Bankruptcy
- Creditor’s Rights and Remedies
Qualifications/Memberships
- State Bars of California and Nevada
- U.S. District Court
- U.S. Ninth Circuit Court of Appeals
- Los Angeles and Orange County Bar Associations, Commercial Law and Bankruptcy Committee
- Bankruptcy Forum, Los Angeles, Inland Empire and Orange Counties
- Judicial Extern to the Honorable David E. Russell, U.S.
- Bankruptcy Judge, Eastern District of California
Education
- McGeorge School of Law, J.D., 1991
- University of California, Santa Barbara, B.A., 1988
Publications and Speeches
Gubner served as the Associate Managing Editor of Transnational Lawyer in 1991. One of the articles he authored for that publication was “The European Economic Community and Effects Doctrine Jurisdiction: The Community’s New Weapon” 3 Transnational Lawyer 759 (1990). He speaks to numerous professional industry groups, including the California Mortgage Bankers Association.
Representative matters:
- Filed the largest involuntary bankruptcy in a proceeding against Pan Pacific Fisheries. Gubner obtained payment for his clients, three trade suppliers, from the largest fish cannery on the West Coast.
- Enforcement of all commercial collections for the financial division of a multinational corporation operating automotive and watercraft dealerships across the United States.
- Collected the principal balance owed to a film production company after the judgment for business debt languished unpaid for years. Within weeks of taking the case, Gubner was able to obtain payment.
- Recovered a substantial portion of a $30 million debt owed to a major, well-established bank operating in the Western United States.
- Collection of a portfolio of receivables from multiple failed businesses that resulted in substantial financial return to the former lenders of the company.