Professional Biography

Steven (Steve) Hedberg Professional Staff

Chief Operating Officer; Member, Firmwide Management and Executive Committees

  • Seattle

    D +1.206.359.6005

    F +1.206.359.9000

    Seattle

    1201 Third Avenue, Suite 4900

    Seattle, WA

    +1.206.359.6005

    SHedberg@perkinscoie.com

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OVERVIEW

EXPERIENCE

Experience

Business

Asset Purchases from Bankruptcy Estates

Represent and advise parties seeking to purchase assets from Chapter 7 and Chapter 11 bankruptcy estates.

Counsel to The Boeing Company Regarding Commercial Law Issues

Counsel to Boeing, Boeing Capital Corporation, and their affiliates in commercial transactions including those involving the sale and lease of commercial aircraft, aircraft financing matters and maintenance and supplier agreements.

Frontier Resources, et al. v. Wachovia Bank, et al.

Negotiated settlement prior to trial dismissing all of plaintiffs’ $191 million in lender liability claims and granting Wachovia and other banks $1.2 million in cash plus additional property on their counterclaims.

Pacific Lifestyle Homes Inc.

General bankruptcy counsel to large developer of residential real estate projects in Oregon and Washington.

In re Troutman Investment Company d/b/a Troutman's Emporium

General bankruptcy counsel to family owned chain of 34 retail stores, resulting in liquidation sales and payout of over 65% to general unsecured creditors.

In re Archdiocese of Portland in Oregon

Counsel to class, including all Catholic parishes and parishioners in Western Oregon, in first Catholic diocese bankruptcy in United States.

Hawaiian Airlines Inc.

Representation of Boeing and affiliates in a heavily contested motion for appointment of a Chapter 11 trustee based on mismanagement and malfeasance related to CEO and majority owner's stock repurchase prior to insolvency. Motion granted following trial.

In re Delta Airlines Inc.

Counsel to Boeing and Boeing Capital Corporation as creditors and as chair of official committee of unsecured creditors.

In re Philippine Airlines

Represented Boeing as a secured creditor in bankruptcy case involving a sovereign insolvency proceeding in a U.S. Bankruptcy Court ancillary proceeding.

In re Power Company of America Inc.

Successful defense of $50 million preference and fraudulent transfer avoidance action brought by liquidating trustee of bankrupt wholesale electrical power trader.

Representation of Boeing and Affiliates in Airline Bankruptcy Cases

Representation of Boeing and affiliates in airline bankruptcy cases including In re AMR Corporation, et al., (Bankr. S.D.N.Y. 2011), In re Delta Air Lines Inc. (Bankr. S.D.N.Y. 2005), In re Northwest Airlines Inc. (Bankr. S.D.N.Y. 2005), In re U.S. Airways Inc. (Bankr. E.D. Va. 2004), In re Aloha Airlines Inc. (Bankr. D. Haw. 2004), In re ATA Airlines Inc. (Bankr. S.D. Ind. 2004), In re Atlas Air Inc. (S.D. Fla. 2004), In re Hawaiian Airlines Inc. (Bankr. D. Haw. 2003), In re UAL Corporation (Bankr. N.D. Ill. 2002), In re U.S. Airways Group Inc. (Bankr. E.D. Va. 2002), In re TWA Post Confirmation Estate (Bankr. D. Del. 2001), Japan Airlines Corporation (Tokyo 2010)

In re Eclipse Aviation Corporation

Counsel to ad hoc committee of Eclipse Aircraft purchasers and owners.

RELATED INFORMATION

Bar and Court Admissions

  • Washington

  • Oregon

  • U.S. District Court for the District of Oregon

  • U.S. District Court for the Eastern District of Washington

  • U.S. District Court for the Western District of Washington

  • U.S. Bankruptcy Court for the District of Oregon

  • U.S. Bankruptcy Court for the Eastern District of Washington

  • U.S. Bankruptcy Court for the Western District of Washington

Education

  • Lewis & Clark Law School, J.D., 1984
  • Portland State University, B.A., Business Administration, Finance/Law Certificate, 1981