Steven T. Kargman is a leading expert on international debt restructurings and cross-border insolvency, and he served formerly as General Counsel of the New York State Financial Control Board, the chief financial oversight agency for New York City, and as Lead Attorney with the Export-Import Bank of the United States, the official export credit agency of the US government.
He has worked on numerous high-profile and complex restructuring and infrastructure project transactions in emerging markets. He has also advised multilateral institutions and national governments in developing countries and emerging markets on a wide range of financial and commercial matters. He has published numerous articles in leading professional journals, held leadership positions in major professional organizations, and has taught at law schools in the US and China, including Peking University School of Transnational Law (STL), Shenzhen, and University of International Business and Economics (UIBE), Beijing, and has been a frequent lecturer at the International Law Institute (ILI) in Washington, DC. He is frequently invited to lecture at prestigious forums around the world, including at academic, professional, and industry conferences in Africa, Asia, Europe, Latin America, and North America.
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He is a Fellow of the American College of Bankruptcy, a Founding Member and former two-term Board member of the International Insolvency Institute (III), a member of the International Exchange of Experience on Insolvency Law (IEEI), a member of the World Bank’s Task Force on Insolvency & Creditor/Debtor Regimes, and an expert with P.R.I.ME. Finance. He served as Co-Chair of the American Bar Association (ABA) Subcommittee on International Bankruptcy of the Business Bankruptcy Committee, and he currently serves as Vice-Chair of its Coordinating Committee for the United Nations Commission on International Trade Law (UNCITRAL) and as an ABA delegate to UNCITRAL Working Group V (Insolvency Law).
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A former Henry Luce Scholar in Singapore, he received his JD from Yale Law School and his BA from Swarthmore College.
EXPERTISE
International debt restructuring/cross-border insolvency
Emerging market restructurings
Sovereign debt restructuring/corporate debt restructuring/project restructuring
Non-performing loans (NPLs)/asset management companies (AMCs)
International project finance
Distressed debt
EDUCATION
Yale Law School
JD
Swarthmore College
BA, Political Science/Economics
WORK HISTORY
SEDA Experts
Managing Director
2024-Current
Kargman Associates/International Restructuring Advisors
President
2005-Current
Peking University School of Transnational Law
Member, Affiliated Transnational Faculty
2013-Current
University of International Business and Economics (UIBE)
Visiting Faculty Member
2016-Current
Insolvency Law Academy
Member, Standing Committee
2022-2023
American College of Bankruptcy
Chair, International Fellows Nominating Committee
2018-2022
Yale Law School
Member of Executive Committee of Yale Law School Alumni Association
2018-2021
American Bar Association, Subcommittee on International Bankruptcy, Business Bankruptcy Committee
Co-Chair
Vice Chair
2005-2014
International Restructuring Expert Witness
International debt restructuring/cross-border insolvency
Emerging market restructurings
Sovereign debt restructuring/corporate debt restructuring/project restructuring
Non-performing loans (NPLs)/asset management companies (AMCs)
International project finance
Distressed debt
Contact
Steven T. Kargman
1185 Avenue of the Americas
New York, NY 10036
+1 646-626-4555