Practice Expertise

  • Capital Markets and Securities
  • Energy
  • Energy and Infrastructure
  • Corporate

Areas of Practice

  • Capital Markets and Securities
  • Corporate
  • Energy
  • Energy and Infrastructure
  • Energy Regulation
  • Environmental, Social and Governance (ESG)
  • FERC, NERC and State Energy Regulation
  • LIBOR Transition
  • Power and Energy Capital Markets
  • Power and Utilities Capital Markets
  • Public Finance
  • Regulated Markets and Energy Infrastructure
  • Sustainability and Corporate Clean Power
  • Sustainability and ESG
  • View More

Profile

Steven’s practice focuses on issuers and underwriters in a range of equity and debt offerings.

Steven represents issuers and underwriters in a range of equity and debt offerings, with a significant portion of this work concentrated in the energy and utility industries. He has substantial experience with common stock offerings, hybrid securities, tax-exempt offerings of multi-modal debt, 4(2) private placements and liability management. Steven also regularly advises on matters relating to general securities law compliance and disclosure, the Sarbanes-Oxley Act of 2002, Dodd-Frank and corporate governance.

Relevant Experience

Equity:

  • Acted as underwriters’ counsel for common stock offering by Ohio-based utility holding company
  • Acted as company counsel to Farm Credit financial institution in offerings of perpetual preferred stock
  • Acted as underwriters’ counsel for Minnesota-based electric utility holding company in forward-equity issuance
  • Acted as agents’ counsel in establishment of periodic equity programs for utility holding company

Debt:

  • Acted as underwriters’ counsel in numerous private activity bond offerings and remarketings
  • Acted as underwriters’ counsel in debt offering by California-based water utility
  • Acted as company counsel and purchasers’ counsel in 4(2) private placements of debt to financial institutions

Liability Management:

  • Acted as company counsel to restaurant holding company in waterfall tender offer
  • Acted as company counsel to Farm Credit financial institution in Dutch auction tender for subordinated debt
  • Acted as initial purchasers’/dealer-managers’ counsel in 144A offering by Texas-based natural gas distribution company and the subsequent private exchange offer for a series of the company's outstanding debt
  • Acted as dealer manager counsel in first-ever corporate Dutch auction debt-for-debt exchange

Bar Admissions

  • New York

Education
BA, Johns Hopkins University, Phi Beta Kappa, 1998

Areas of Practice

  • Capital Markets and Securities
  • Corporate
  • Energy
  • Energy and Infrastructure
  • Energy Regulation
  • Environmental, Social and Governance (ESG)
  • FERC, NERC and State Energy Regulation
  • LIBOR Transition
  • Power and Energy Capital Markets
  • Power and Utilities Capital Markets
  • Public Finance
  • Regulated Markets and Energy Infrastructure
  • Sustainability and Corporate Clean Power
  • Sustainability and ESG

Professional Career

Significant Accomplishments

Equity:

  • Acted as underwriters' counsel for common stock offering by Ohio-based utility holding company
  • Acted as underwriters' counsel for Minnesota-based electric utility holding company in forward-equity issuance
  • Acted as company counsel to financial institution in offerings of perpetual preferred stock
  • Acted as agents' counsel in establishment of periodic equity programs for utility holding company

Debt:

  • Acted as underwriters' counsel in numerous private activity bond offerings and remarketings
  • Acted as underwriters' counsel in debt offering by California-based water utility
  • Acted as company counsel and purchasers’ counsel in 4(2) private placements of debt to financial institutions

Liability Management:

  • Acted as initial purchasers'/dealer-managers' counsel in 144A offering by Texas-based natural gas distribution company and the subsequent private exchange offer for a series of the company's outstanding debt
  • Acted as initial purchasers'/dealer-managers' counsel in 144A offering by Texas-based electric distribution company and the subsequent private exchange offer for two series of the company's outstanding debt
  • Acted as dealer manager counsel in first-ever corporate Dutch auction debt-for-debt exchange


Professional Associations

  • Member, American Bar Association

  • Member, American Bar Association, Section of Public Utility, Communications and Transportation Law

Professional Activities and Experience
  • Named "Deal Maker of the Year", Finance Monthly, 2012


Articles

  • Errors In Previously Issued Financials? A ‘Big P’ Problem, Law360
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • Finance, Mergers, and Acquisitions, in Recent Developments in Infrastructure and Regulated Industries, ABA
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • High-Cost Debt Refinance — Is Everybody Going Dutch?, Law360
  • Recent Developments in Public Utility, Communications and Transportation Industries, Section of Infrastructure and Regulated Industries Law, ABA
  • Developments in Recent Utility Equity Offerings
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • Finance, Mergers, and Acquisitions, in Recent Developments in Infrastructure and Regulated Industries, ABA
  • Electronic Roadshows: What To Leave In, What To Leave Out, Law360
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • Recent Financing Trend:144A Coupled With Subsequent Exchange Offer
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • BASELOAD: Current Topics in Energy Capital Markets
  • Equity Units in the Utility Capital Markets: Overview and Practical Advice, Pratt’s Energy Law Report, LexisNexis
  • Finance, Mergers, and Acquisitions, in Recent Developments in Infrastructure and Regulated Industries, ABA
  • BASELOAD: Current Topics in the Power and Energy Capital Markets
  • Covenant Caution — 'Continuing Director' Change-of-Control Provisions after the Amylin Decision
  • Finance, Mergers, and Acquisitions, in Recent Developments in Infrastructure and Regulated Industries, ABA
  • The Evolving Public Interest – Recent Decisions in Utility Merger Proceedings, Infrastructure
  • Recent Developments in Public Utility, Communications and Transportation Industries, Section of Public Utility, Communications and Transportation Law, ABA
  • Structural Shift In ESG-Linked Debt May Make Issuance Easier, Law360
  • Structural Shift In ESG-Linked Debt May Make Issuance Easier, Law360
  • When Bad Things Happen After A Securities Pricing, Law360
  • Utility Share Prices Under Pressure, Pratt’s Energy Law Report
  • Finance, Mergers, and Acquisitions, in Recent Developments in Infrastructure and Regulated Industries, ABA
  • Electronic Roadshows: Why The Voice-Over Matters, Law360
  • Equity Press Release: When Time Is Not on Your Side, Law360
  • BASELOAD: Current Topics in the Power and Utilities Capital Markets

Meet our Firms and Professionals

WSG’s member firms include legal, investment banking and accounting experts across industries and on a global scale. We invite you to meet our member firms and professionals.