Balch & Bingham is pleased to welcome Stephen McKitt as the newest attorney in the firm’s Creditors Rights & Bankruptcy Practice, based in Birmingham.
Stephen devotes his practice to bankruptcy and creditors rights, which often involves both complex litigation and transactional work in bankruptcy cases. Stephen represents a variety of creditors not only in bankruptcy cases, but also in out of bankruptcy litigation and workouts. Prior to joining Balch, he worked for the Department of Justice as a trial attorney and as an in-house attorney at one of the world’s largest banks, both in Dallas, Texas.
“I’m pleased to welcome Stephen as the newest member of our team,” said Jeremy Retherford, co-chair of Balch’s Financial Services Practice. “Creditors Rights & Bankruptcy is an area of strategic growth for Balch, and Stephen, with his previous experience, will support our growth and strengthen our financial advisory offerings.”
Stephen’s arrival to the firm follows the recent addition of Creditors Rights & Bankruptcy Partner Lloyd Lim, and Associate Rachel Thompson Kubanda, both of whom are based in Balch’s Houston office.
For decades, attorneys in Balch’s Creditors Rights & Bankruptcy Practice have assisted clients in navigating their way through troubled economic times. This assistance includes structuring a transaction at the front end to minimize the impact of future financial difficulties, restructuring an existing loan to better address the current situation, facilitating an out-of-court resolution before the first pleading is ever filed, or resorting to exercising a client’s rights in or out of court.
“I’m thrilled to join Balch’s dynamic Creditors Rights & Bankruptcy Practice, which has a long history of advising clients like utilities and large financial institutions on matters regarding troubled credits,” Stephen said.
Stephen received his J.D. from the University of Alabama School of Law and his bachelor’s degree in history from the University of Alabama at Birmingham.