Stephen P. Strohschein
Stephen P. Strohschein
Partner
He/Him
"I find it gratifying to take on a matter and piece the puzzle together to make a deal come to fruition or to maximize a client's returns."

Stephen P. Strohschein
Partner
He/Him
"I find it gratifying to take on a matter and piece the puzzle together to make a deal come to fruition or to maximize a client's returns."
About Steve
A seasoned commercial lending advisor, Steve provides practical solutions on all aspects of lending nationwide. He counsels clients in real estate, floorplan, asset-based, and small business lending, and handles loan litigation, workouts, foreclosures, collections, and bankruptcy matters. A significant part of his practice centers on complex automotive wholesale finance. Steve also advises companies and institutions on lending transactions, structures, and loan documentation.
Practicing in federal and state courts in Louisiana, Texas, and throughout the country, Steve understands the nuances of various jurisdictions. He litigates commercial lending disputes involving insolvency and applies deep knowledge of collections, defaults, workouts, and bankruptcy to both front-end and back-end matters. This experience informs his counsel, including loan origination, where he is vigilant in properly structuring and documenting loans from the outset.
Areas of Focus
Experience
- Represented a large bank and financial services company in connection with the negotiation, documentation, closing, and implementation of significant amendments to a collection of more than $20 million of commercial loans secured by twelve mortgages on real property, Uniform Commercial Code (UCC) filings on other types of collateral, with more than 70 guarantors. The Hinshaw team's strategic advice and negotiation significantly reduced the bank's potential exposure and secured a large paydown of the loans, which was a priority for bank management.
- Hinshaw provides full-service legal representation for one of the largest US banks and financial services companies retail bank litigation team. These matters involve every aspect of retail bank lending and potential claims that may arise, including claims involving pay-on-death accounts, subpoenas seeking customer records, claims involving fraudulent check endorsement, and claims involving deposits and account transactions. The team routinely assists the bank in defense of claims in a variety of courts, leveraging deep knowledge of UCC Article 3 and Article 4 defenses, as well as Louisiana banking law.
- Hinshaw routinely represents a financial institution client in connection with commercial loan transactions and advises the bank on loan workout and restructuring matters. The team has advised the bank on multiple loan workout and restructuring matters in multiple jurisdictions. These matters include commercial loan syndications for which the client is the lead bank involving loans in excess of $150 million. Hinshaw provides a multidisciplinary team to diligence loan borrowers, advise the bank of quantification of risk, and provide risk mitigation strategies, leading negotiations with borrowers, their counsel, and the syndication banks.
- Advises a bank client on key matters related to its commercial lending business focused on motor vehicle dealers. The Hinshaw team assists the bank in developing template loan documentation, development of policies and procedures, training, and related matters. This work is in addition to ongoing advice on key regulatory matters related to the bank’s consumer lending products and defense of retail bank litigation. The team's work with the bank is multijurisdictional and is not limited to Louisiana.
- Assisted a commercial vehicle lender with developing a product for the financing or leasing of fleets of vehicles.
Recognition
- The Best Lawyers in America®, Bankruptcy and Creditor Rights / Insolvency and Reorganization Law, 2006 – 2026; Litigation – Bankruptcy, 2006 – 2026; Ranking also featured by Biz New Orleans in their annual "Best Lawyers in New Orleans" supplement; Litigation – Bankruptcy "Lawyer of the Year" in New Orleans, 2022; Bankruptcy and Creditor Rights / Insolvency and Reorganization Law "Lawyer of the Year" in Baton Rouge, 2016 and 2018; Litigation – Bankruptcy "Lawyer of the Year" in Baton Rouge, 2014
- Louisiana Super Lawyers, 2007 – 2025
- Chambers USA: America's Leading Lawyers for Business, Bankruptcy/Restructuring – Louisiana, 2012 – 2020, Band 3, 2021 – 2025
- New Orleans Magazine, Top Lawyers for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2023
- Baton Rouge Bar Foundation, Double Century Club Award for Pro Bono Service, 2013
- Baton Rouge Speech and Hearing Foundation, 2006 Volunteer Activist, 2006
- Points of Light Foundation, Daily Point of Light Award, October 11, 2005
- Capital Area CASA Association, Volunteer of the Month, March 2004
- Martindale-Hubbell, AV® Peer Review Rating
Credentials
Education
- Louisiana State University Paul M. Hebert Law Center, JD, 1981
- Louisiana State University, BS, 1978
Bar Admissions
- Louisiana
- Texas
Court Admissions
- US District Court for the Eastern District of Louisiana
- US District Court for the Middle District of Louisiana
- US District Court for the Western District of Louisiana
- US District Court for the Eastern District of Texas
- US District Court for the Northern District of Texas
- US District Court for the Southern District of Texas
- US District Court for the Western District of Texas
Thought Leadership
Presentations
- Co-Presenter, "Commercial – Cross-Border Insolvency Concerns," 2025 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 1, 2025
- Co-Presenter, "Commercial – Mitigating Risks in Times of Change," 2025 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 1, 2025
- Co-Presenter, "When the Music Stops: Lien Priority, Default, Recovery and Repossession," 2025 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 1, 2025
- Co-Presenter, "Commercial Lending Updates – Corporate Transparency Act, Rule 1071 and State Commercial Lending Disclosures," 2024 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 16, 2024
- Co-Presenter, "Commercial – Mitigating Risks in Commercial Credit for Dealers," 2024 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 16, 2024
Events
- Third Annual Driving Ahead Auto Finance Seminar: Insights from Industry Leaders, May 1, 2025
- Driving Ahead Auto Finance Seminar: Insights from Industry Leaders, May 16, 2024
- Lessons from Lubbock — The Reagor Dykes Case, Tuesday, September 19, 2023
- Driving Ahead: Auto Finance Insights from Industry Leaders, Thursday, May 4, 2023
Press Releases
- 102 Hinshaw Lawyers Recognized in 2026 Editions of The Best Lawyers in America® and Ones to Watch™, Aug 21, 2025
- Hinshaw Earns National Recognition in 2025 Chambers USA Directory, Jun 5, 2025
- 105 Hinshaw Lawyers Recognized in 2025 Editions of Best Lawyers in America and Ones to Watch, Aug 15, 2024
- 2024 Edition of Chambers USA Recognizes Hinshaw for its Insurance, Aviation, and Financial Services Practices, Jun 6, 2024
- Three Hinshaw Partners Recognized by New Orleans Magazine as 2023 Top Lawyers, Nov 1, 2023
Webinars
- Commercial Financing Disclosures for the Automotive Finance Industry: The Road Forward, Thursday, October 13, 2022
- Latest Trends in Auto Finance: Insights on Key Issues Facing Lenders Today, November 30, 2021 | 12:00 p.m. Central
Interests
Did you know...
Steve and his wife spend as much time as they can with their six grandchildren.
Community/Civic Activities
- Big River Economic & Agricultural Development Alliance (BREADA), Board of Directors, 2017 – present; Chairman, 2019 – 2020
- Capital Area CASA Association, Board of Directors, 2021– present; Former Chairman of the Board and Volunteer, 1993 – 2005
Thought Leadership
Presentations
- Co-Presenter, "Commercial – Cross-Border Insolvency Concerns," 2025 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 1, 2025
- Co-Presenter, "Commercial – Mitigating Risks in Times of Change," 2025 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 1, 2025
- Co-Presenter, "When the Music Stops: Lien Priority, Default, Recovery and Repossession," 2025 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 1, 2025
- Co-Presenter, "Commercial Lending Updates – Corporate Transparency Act, Rule 1071 and State Commercial Lending Disclosures," 2024 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 16, 2024
- Co-Presenter, "Commercial – Mitigating Risks in Commercial Credit for Dealers," 2024 Auto Finance Seminar, Hinshaw & Culbertson LLP, Chicago, Illinois, May 16, 2024
Events
- Third Annual Driving Ahead Auto Finance Seminar: Insights from Industry Leaders, May 1, 2025
- Driving Ahead Auto Finance Seminar: Insights from Industry Leaders, May 16, 2024
- Lessons from Lubbock — The Reagor Dykes Case, Tuesday, September 19, 2023
- Driving Ahead: Auto Finance Insights from Industry Leaders, Thursday, May 4, 2023
Press Releases
- 102 Hinshaw Lawyers Recognized in 2026 Editions of The Best Lawyers in America® and Ones to Watch™, Aug 21, 2025
- Hinshaw Earns National Recognition in 2025 Chambers USA Directory, Jun 5, 2025
- 105 Hinshaw Lawyers Recognized in 2025 Editions of Best Lawyers in America and Ones to Watch, Aug 15, 2024
- 2024 Edition of Chambers USA Recognizes Hinshaw for its Insurance, Aviation, and Financial Services Practices, Jun 6, 2024
- Three Hinshaw Partners Recognized by New Orleans Magazine as 2023 Top Lawyers, Nov 1, 2023
Webinars
- Commercial Financing Disclosures for the Automotive Finance Industry: The Road Forward, Thursday, October 13, 2022
- Latest Trends in Auto Finance: Insights on Key Issues Facing Lenders Today, November 30, 2021 | 12:00 p.m. Central
Steve's Insights

Press Release
Aug 21, 2025
102 Hinshaw Lawyers Recognized in 2026 Editions of The Best Lawyers in America® and Ones to Watch™

Press Release
Jun 5, 2025
Hinshaw Earns National Recognition in 2025 Chambers USA Directory

Press Release
Aug 15, 2024
105 Hinshaw Lawyers Recognized in 2025 Editions of Best Lawyers in America and Ones to Watch

Event
May 16, 2024
Driving Ahead Auto Finance Seminar: Insights from Industry Leaders

Press Release
Nov 1, 2023
Three Hinshaw Partners Recognized by New Orleans Magazine as 2023 Top Lawyers

Press Release
Aug 17, 2023
101 Hinshaw Lawyers Recognized in 2024 Editions of Best Lawyers in America and Ones to Watch

Webinar
Thursday, October 13, 2022
Commercial Financing Disclosures for the Automotive Finance Industry: The Road Forward