Stephen P. "Steve" Strohschein

Stephen P. "Steve" Strohschein


Hinshaw & Culbertson LLP

Recognized since 2006

New Orleans, Louisiana

Practice Areas

Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law

Litigation - Bankruptcy

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Lawyer of the Year Badge - 2023 - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year Badge - 2022 - Litigation - Bankruptcy Lawyer of the Year Badge - 2018 - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year Badge - 2016 - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year Badge - 2014 - Litigation - Bankruptcy
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Commercial lending is the focus of Stephen "Steve" P. Strohschein's practice, providing assistance to lenders of all types – real estate, floor plan, asset based and small business – both with regard to litigating lending issues, handling workouts, foreclosures, collections and bankruptcy matters and also frequently providing assistance with lending transactions, structure and documentation.

Steve has been certified by the American Board of Certification as a specialist in the area of Business Bankruptcy Law. He served as a law clerk to the Honorable LeRoy Smallenberger, United States Bankruptcy Court for the Western District of Louisiana from 1981 to 1982.

Litigation

Litigating commercial lending issues may begin in state or federal court but often end in bankruptcy. If not, there are bankruptcy implications that must be considered whenever suit is brought on a commercial loan. Steve routinely practices in all of these courts and is familiar with the interplay between them.

Business

Even at the time a loan is originated, familiarity with how it may be collected and the implications of a borrower's default and bankruptcy must be considered to properly structure and document the loan. Steve brings a wealth of litigation and bankruptcy experience to his clients that assist in loan documentation and workouts that may never be litigated

Location
  • 400 Poydras Street, Suite 3150
    New Orleans, LA 70130
Education
  • Louisiana State University, J.D., graduated 1981
  • Louisiana State University, B.S., graduated 1978
Bar Admissions
  • Louisiana, Louisiana Bar
Affiliations
  • American Bankruptcy Institute - Member
  • American Bar Association - Member
  • Baton Rouge Bar Association - Member

Hinshaw & Culbertson LLP
Headquarters: Chicago, Illinois

73 The Best Lawyers in America® awards

1 Best Lawyers: Ones to Watch® in America award

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Lawyer of the Year Badge - 2023 - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year Badge - 2022 - Litigation - Bankruptcy Lawyer of the Year Badge - 2018 - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year Badge - 2016 - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year Badge - 2014 - Litigation - Bankruptcy
Named "Lawyer of the Year" by Best Lawyers® for:
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, New Orleans (2023)
  • Litigation - Bankruptcy, New Orleans (2022)
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Baton Rouge (2018)
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Baton Rouge (2016)
  • Litigation - Bankruptcy, Baton Rouge (2014)
Recognized in The Best Lawyers in America® 2025 for work in:
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
  • Litigation - Bankruptcy
Special Focus:
  • Banking
  • Chapter 12
  • Commercial
  • Creditors' Rights
  • Energy
  • Health Care
  • Litigation
  • Oil and Gas
  • Real Estate
  • Workouts and Restructurings
Awards:
  • Martindale-Hubbell™ AV Preeminent® Peer Review Rated Lawyer
  • Baton Rouge Litigation - Bankruptcy "Lawyer of the Year," Best Lawyers in America®, 2014
  • Chambers USA Louisiana / Bankruptcy/Restructuring
  • Louisiana Super Lawyers (Banking, Bankruptcy & Creditor/Debtor Rights), 2007–2016
Additional Areas of Practice:
  • Litigation - Banking and Finance

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Publications

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