Mr. Steven T. Waterman

Steven T. Waterman is a partner with Dorsey & Whitney LLP in Salt Lake City and the former co-chair of the firm’s Bankruptcy and Financial Restructuring practice group. His practice consists of assisting financial institutions with commercial loans and special assets, and his work spans both real and personal property collateral. Mr. Waterman has foreclosed on planes, trains and automobiles, as well as cattle, crematoriums, country clubs and turkeys. He regularly litigates cases involving the Uniform Commercial Code and foreclosure, including the presentation of expert valuation evidence. In addition, he helps protect the interests of banks in chapter 11 bankruptcy reorganizations, and receivership and insolvency proceedings. Mr. Waterman has litigated cases in federal, tribal and state trial and appellate courts for financial institutions, trustees, receivers, franchisors and creditor committees. His experience includes out-of-court workouts in numerous industries and agriculture, including cooperatives. Mr. Waterman was an adjunct professor teaching secured transactions at the J. Reuben Clark Law School at Brigham Young University from 2012-20, and he served as co-chair of the Admissions Committee of the Utah State Bar from 1996-2020. A frequent lecturer, he has been honored in The Best Lawyers in America for Bankruptcy and Creditor/Debtor Rights and is AV-rated by Martindale-Hubbell. He is admitted to the Utah and Wyoming Bars, and before the U.S. Supreme Court, the U.S. Courts of Appeals for the Eighth and Tenth Circuits, the Courts of the Shoshone and Arapahoe Tribes, and the U.S. District Courts for the District of Utah, District of Colorado, District of Wyoming, Northern and Central Districts of Illinois and District of Nebraska. Mr. Waterman received his B.S. in business management-finance from Brigham Young University and his J.D. from the University of Utah, where he was a William H. Leary scholar.