John Stine Resume

JOHN STINE

*** ****** ****** ****

Briarcliff Manor, New York 10510

H: 914-***-**** C: 914-***-****

E-Mail: *********@***.***

SUMMARY

Corporate Finance Attorney, with emphasis on troubled loan restructuring/bankruptcy and litigation management across diverse asset classes. Leadership experience. Employs a keen awareness of client needs and goals and possesses the transactional savvy and negotiating skills to achieve the client’s immediate and long-term objectives. German language proficient.

PROFESSIONAL EXPERIENCE

General Electric Capital Corporation – Danbury, CT 2002-2008

GE Commercial Finance/GE Capital Solutions

Operations Counsel – Global Restructuring Solutions

Counsel to workout center of excellence composed of 27 professionals dedicated to loss minimization of distressed and/or bankrupt assets of various GE CS businesses. Emphasis on restructuring and rehabilitation of distressed investments to achieve maximum realizations via market refinancing and opportunistic disposition of assets, including senior secured debt, bank loans, equity, and equipment leases. Directed legal aspects of GE CS asset recovery efforts, investment related litigation, and bankruptcy.

Created significant economic value in workouts/restructurings - restructured/liquidated $2.6 Billion telecom exposure keeping losses below $20 MM.

Built cross business litigation/collection/recovery COE - drove uniform outside counsel retention and best practice sharing over 4 geographically diverse teams.

Achieved exit from troublesome material third-party relationships on favorable terms - resulted in payments to GE VFS in excess of $72 Million.

Developed and executed settlement strategy with respect to Norvergence Attorneys General investigations and class actions - established settlement template for entire leasing industry.

Member of GE Commercial Finance task force that achieved a 20% reduction in overall GE Commercial Finance outside counsel litigation spend - put in place a process to insure continuity of such savings for two years. Led GE CS task force that eliminated $2 Million from small/mid-ticket leasing legal spend.

New York Life Investment Management LLC – NY, NY 1980-2001

New York Life Insurance Company

Office of General Counsel - Corporate Securities Practice Team

Managing Director and Associate General Counsel/ 2000-2001

Vice President and Associate General Counsel

Chief investment attorney managing 13 member team providing legal support for all aspects of the company's $13 billion private finance portfolio.

JOHN STINE PAGE TWO

Provided legal support to company’s investments in private placements, bank loans, private equity, venture capital, project finance, structured finance, and derivatives, as well as third-party initiatives.

Directed legal aspects of company's asset recovery efforts and investment related litigation - particularly effective in creating significant economic value in workouts/restructurings.

Associate General Counsel 1993 - 2000

Assistant General Counsel 1990 - 1993

Associate Counsel 1985 - 1990

Senior private finance/restructuring attorney handling highly complex transactions including private placements, bank loans, private equity, venture capital, and project finance, as well as investment related litigation. Assisted in section management as deputy to unit head.

Closed over 300 transactions with average investments of $25-$30 Million and completed numerous restructurings with recoveries often in the 100 cent range.

Handled the liquidation of company's $500 million private oil and gas partnership portfolio; established the methodology and executed the sale of $100+ million of oil and gas properties underlying the company's public partnerships as part of a class action settlement.

Established New York Life Capital Partners which leveraged the company's private equity expertise and transformed this in-house capability into a $400 million third-party fee for service business.

Reduced company’s annual outside legal expenses by 20% by concentrating the number of law firms from 150, mostly local firms, to 6 regional and super-regional firms and implementing modified fixed fee arrangements.

Assistant Counsel 1983 - 1985

Attorney 1980 - 1983

Litigation attorney handling significant caseload in person in New York metropolitan area and through effective management of local counsel in other states.

EDUCATION

Fordham School of Law – NY, NY

Fordham University, JD

Columbia College – NY, NY

Columbia University, AB German/Economics

Regis High School – NY, NY

Member: New York State Bar Association, American Bankruptcy Institute, Equipment Finance and Leasing Association

Former Fellow: American College of Investment Counsel

Participant: INSOL Lenders Group

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