Steven D. Usdin

Steven Usdin is a member of Flaster Greenberg’s Bankruptcy, Financial Restructuring and Risk Management Department. His practice is focused on commercial and personal bankruptcy, general corporate and transactional matters and commercial litigation. He has appeared on behalf of debtors, creditors and equity security holders’ committees, and secured creditors in a variety of proceedings at the trial and appellate levels in state and federal courts.

Mr. Usdin draws on more than 30 years in the legal services industry. Most recently, he was a partner in the Business Practice Group at Cohen Seglias Pallas Greenhall & Furman PC. Mr. Usdin previously was Managing Partner of Adelman Lavine Gold and Levin, a boutique bankruptcy firm that was located in the Philadelphia region.

Prior to working at Adelman Lavine, he served as Assistant District Attorney in New York City and as a Special Assistant to the Attorney General for New York State. He also served as a Law Clerk to the Chief Judge of the United States Bankruptcy Court for the Eastern District of Pennsylvania.

A frequent lecturer and author, Mr. Usdin speaks and writes on topics of interest in his areas of expertise. In addition, he has been a trustee and director for several charitable organizations including the Sherbekow Foundation and CADE – Helping Children Make Better Decisions.

• North American Specialty Glass, LLC - Counsel to Chapter 7 Trustee
• Turnaround Management Association's Transaction of the Year Award Winner  

• Rated AV® Preeminent™ by Martindale-Hubbell
• Selected to Best Lawyers in America® in the areas of Bankruptcy Litigation and Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2008 – 2021, 2023
• Named "Lawyer of the Year" by Best Lawyers in America® for:
  • Litigation - Bankruptcy, Philadelphia - 2022 & 2024
  • Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Philadelphia - 2021 & 2024
• Named a Pennsylvania "Super Lawyer" in the area of Bankruptcy - Business, 2008 – 2023, by Thomas Reuters, publishers of Pennsylvania Super Lawyers
• Selected as a 'Leader in the Field' of Bankruptcy/Restructuring, Pennsylvania, Chambers & Partners USA, 2015 - 2018
  • 2018: Sources coined Steve as being "very confident and hard-working." 
  • 2017: Steve was coined for being "very experienced, very good in court and very practical."
  • 2016: Clients/peers referred to Steve as being "very practical and has a very sound judgement." 
  • 2015: "A pragmatic problem-solver" and a "very strong advocate for his clients." 
• Award the Transaction of the Year Award by the Turnaround Management Association for his role in the Chapter 7 transaction of North American Specialty Glass, 2013
• Named as a "Leader in Law" by the Philadelphia Business Journal, 2009 – 2012

A description of the standard or methodology on which the accolades are based can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey. 

• American Bankruptcy Institute
• American Bar Association
• New York State Bar Association
• Pennsylvania Bar Association
• Philadelphia Bar Association
• Turnaround Management Association