Richard Stehl

Chairman of the Board, Otterbourg P.C.

Richard L. Stehl is the Chairman of the firm’s Board of Directors and is a member of the Finance Department.

Mr. Stehl represents banks, finance companies, hedge funds, factors and insurance companies in connection with the documentation of domestic and international secured lending arrangements, including accounts purchase, asset-based, cash flow, middle market, leveraged, unitranche, and first and second lien loan transactions. Mr. Stehl also frequently represents secured lenders in bankruptcies and workouts and portfolio and business unit acquisitions and dispositions.

Prior to joining Otterbourg, Mr. Stehl served as the Briefing Attorney to the Honorable Leif M. Clark, United States Bankruptcy Judge for the United States Bankruptcy Court, Western District of Texas. He has published legal articles in the areas of bankruptcy law, factoring, secured lending and management and is member of the Association of Commercial Finance Attorneys, the Turnaround Management Association, the Association for Corporate Growth and the New York State Bar Association. Mr. Stehl was selected for inclusion each year since 2010 as a New York Super Lawyer by Super Lawyers Magazine. Mr. Stehl speaks frequently on topics relating to secured financing. He is the sole U.S. attorney member of the Legal Committee of FCI, the global representative body for factoring and open account domestic and international trade receivables. He also serves as an advisor to the World Bank on secured lending and bankruptcy matters and has participated as a panelist for The White House Fellows Program. Mr. Stehl is admitted to practice before the state courts of New York and Connecticut, the federal courts of the Southern District of New York and the Eastern District of New York, and the Supreme Court of the United States.

Mr. Stehl is deeply involved in many charitable causes. He is a member of the Board of Governors of Opportunity International, a microfinance charity which promotes entrepreneurialism and economic growth in Third World countries. He serves as a Director of FourBlock Foundation, a charitable organization that trains and assists veterans to successfully transition from their military careers to the private sector. He is also an active member of Hope for the Warriors, Needlers Foundation, National Jewish Health Foundation, Big Brothers and Big Sisters of New York City,  and Ort America, among others. Mr. Stehl was honored with the Community Achievement Award by Ort America in 2014, and in 2021 was Awarded “Man of the Year” by Queens Center for Progress.