Sherman Wells Sylvester & Stamelman LLP | Craig Steinfeld | Representative Matters
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Professionals
Craig  L. Steinfeld

PRACTICES

Litigation
Banking and Financial Services
Art, Media and Entertainment Law

EDUCATION

  • Rutgers University School of Law, J.D. (1992)
  • University of Delaware, B.S. (1988)

ADMISSIONS

  • New Jersey
  • New York
  • District of Columbia
  • U.S. District Court, District of New Jersey
  • U.S. District Court, Southern District of New York
  • U.S. District Court, Eastern District of New York
Craig L. Steinfeld
Partner
CONTACT INFORMATION
Tel: (973) 302-9697
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  • Recovered more than $7 million

    Recovered for our client more than $7 million by successfully prosecuting and collecting on a claim involving defaults on multiple commercial loans, including foreclosure and liquidations of several commercial properties and levying on assets of personal guarantors.

  • Successfully represented commercial lenders in foreclosure actions

    Successfully represented commercial lenders in numerous commercial foreclosure actions and related commercial note and guaranty actions, recovering millions of dollars in commercial properties and obtaining millions of dollars in judgments against guarantors.

  • Wrote the basis for a New Jersey Supreme Court decision

    Wrote the appellate brief in support of the argument that federal law preempts state law with respect to certain attorney’s fees that lenders may pass on to borrowers, which served as the basis for a New Jersey Supreme Court decision that overturned the rulings of the trial court and appellate division. (Turner v. First Union National Bank, et al., 162 N.J. 75 (1999))

  • Successful appeal before the U.S. Court of Appeals for the Third Circuit involving recovery under a fidelity bond

    Assisted and was among the counsel of record in the successful appeal before the U.S. Court of Appeals for the Third Circuit of a case involving recovery under a fidelity bond, which remains the leading case in the circuit on the issue of discovery of a loss under a fidelity bond. (Resolution Trust Corporation v. Fidelity and Deposit Company of Maryland, et al., 205 F.3d 615 (3d Cir. 2000))

  • Successfully obtained order compelling arbitration and successfully opposed appeal

    Successfully obtained order compelling arbitration and successfully opposed appeal of such order in matter involving claim by bank, as tenant, against landlord for reimbursement of sums expended by bank for repairs following a fire that damaged the leased premises. (Bank of America v. Philip Kushner Associates, 2008 WL 2492247 (N.J. App. Div. 2008))

  • Successfully opposed multiple challenges by limited partner of partnership

    Successfully opposed multiple challenges by limited partner of partnership to bank’s right to foreclose property belonging to and recover on judgment against partnership, both at trial court and appellate levels. (NVE Bank v. Ber-Loew Partnership, et al., 2012 WL 5381697 (N.J. App. Div. 2012))