Steven B. Stokdyk

  • Partner
  • Esteven.stokdyk@lw.com
  • 10250 Constellation Blvd.
  • Suite 1100
  • Los Angeles, CA 90067
  • USA
  • T +1.213.891.7421
  •  
 

Profile

Steven Stokdyk, a leading corporate lawyer, advises companies, principal investors, and investment banks on their most complex securities, finance, acquisition, and governance matters. He is the former Global Co-Chair of the firm’s Public Company Representation Practice and Local Chair of the Corporate Department.

Mr. Stokdyk has extensive experience with strategic transactions, including:

  • Mergers and acquisitions (M&A)
  • Initial public offerings (IPOs)
  • High-yield, convertible, and secured debt offerings
  • Recapitalizations
  • Private equity and debt investments

He also regularly advises public and private clients on corporate governance and structure, as well as securities law compliance.

Mr. Stokdyk draws on nearly three decades of experience representing clients in a wide range of industries, including technology, financial institutions, healthcare, gaming, and real estate.

 

Experience

Mergers & Acquisitions

Mr. Stokdyk represents public and private companies in their most significant M&A transactions, as well as strategic/activist defense, proxy contest, and other corporate control matters. Transactions highlights include:

Acquisitions or dispositions for:

  • Encore Capital Group
  • United Online
  • Teladoc
  • Golden Entertainment
  • URS Corporation
  • Breitburn Energy
  • Boston Scientific
  • Live Nation
  • ASGN Incorporated
  • Motorcar Parts of America
  • Tutor-Saliba
  • KB Home
  • MRV Communications

Significant transactions for:

  • Oaktree Capital
  • Gores Capital Group
  • Susquehanna International
  • Sovereign wealth funds

Numerous public company merger transactions, advising:

  • Goldman Sachs
  • Morgan Stanley
  • Moelis
  • Bank of America
  • Stifel/KBW
Capital Markets

As a prominent capital markets lawyer, Mr. Stokdyk has extensive experience representing issuers and investment banks in a wide variety of equity and debt offerings. Transaction highlights include:

More than 50 IPOs, including:

  • Parsons Corporation
  • Luther Burbank Corporation
  • YogaWorks
  • The Trade Desk
  • BlackLine
  • TrueCar
  • Marcus & Millichap
  • LegalZoom.com
  • CKE
  • Pacific Coast Oil Trust
  • RealD
  • Grand Canyon University
  • Solera
  • AECOM
  • Dollar Financial Corp.
  • Sunstone Hotel Investors
  • LECG
  • Corio
  • Pharsight
  • Palm
  • Expedia
  • Korn/Ferry International
  • UroSurge
  • Entertainment Properties Trust
  • BA Merchant Services
  • Crystal Decisions
  • Western Wireless Corporation
  • Business Objects
  • Vastar Resources
  • Bufete Industrial
  • Spieker Properties

Equity and equity-linked offerings for:

  • Houlihan Lokey
  • DST
  • Cardtronics
  • Forestar
  • Live Nation
  • Louisiana Pacific Corporation
  • Health Care Property Investors
  • Ameristar Casinos
  • Encore Capital Group
  • Ceradyne
  • Chart Industries

Investment grade debt offerings for:

  • Gaming & Leisure Properties
  • Avery Dennison
  • URS Corporation
  • National Semiconductor
  • Tenet Healthcare
  • Discover Financial Services
  • Santander Holdings
  • Costco Wholesale
  • Boise Cascade

High-yield debt offerings for:

  • Churchill Downs
  • T-Mobile
  • Lawson Software
  • Cequel Communications
  • WireCo WorldGroup
  • Clearwater Paper
  • JDA Software
  • Penn Gaming
  • Isle of Capri
  • EPR Properties
  • Millar Western
  • Motor City Casino
  • Yonkers Racing
  • Leslie’s Poolmart
  • WCA Waste

Thought Leadership

  • Directors, Take Note: ESG Can Drive Value in 2020 -  February 19, 2020
  • Boardroom Perspectives: How Directors Can Use Sustainability to Drive Value -  March 21, 2017
  • Key Metrics: Thoughts for Directors  -  November 22, 2016
  • Refreshing the Board -  July 29, 2016
  • Board Composition: Refreshing the Board -  July 19, 2016
  • The Latham US IPO Guide -  July 11, 2016
  • Evolving Director-Investor Communications: Preparing for Your Board’s Direct Engagement with Shareholders -  June 27, 2016
  • Recommended Proxy Disclosure for Director Elections and Other Proposals -  March 03, 2016
  • 2016 Proxy Season: Strategically Preparing for the Upcoming Season  -  January 20, 2016
  • Maintaining Director Confidentiality -  October 07, 2015
  • Activist Hot List: Fall 2015 -  October 02, 2015
  • Anticipating Activism: Implications for Your 2016 Annual Meeting of Stockholders -  October 02, 2015
  • What To Expect in the Remainder of the 2015 Proxy Season -  August 10, 2015
  • Boardroom Perspectives: Oversight of Material Litigation in Four Practical Steps -  June 30, 2015
  • Three Practical Steps to Oversee Enterprise Risk Management (ERM)  -  March 26, 2015
  • Developments & Predictions for the 2015 Proxy Season -  February 11, 2015
  • The Who, What, When, Where, Why and How of Proxy Supplements and Amendments -  January 27, 2015
  • Pumping Up for Proxy Season: Know Your Supplements  -  January 8, 2015
  • Director Tenure: A Solution in Search of a Problem -  December 18, 2014
  • Activism: Every Season is Now Open Season -  November 03, 2014
  • The Activist Investor and Negotiated Share Purchases -  August 08, 2014
  • Boardroom Perspectives: Three Practical Steps to Managing FCPA & Anti-Corruption Risks -  June 04, 2014
  • Boardroom Perspectives: Three Practical Steps to Stay Ahead of Shareholder Activism -  March 05, 2014
  • Preparing for the 2014 Proxy Season -  February 06, 2014
  • 6 Habits of Highly Effective Boards  -  August 15, 2013
  • How Boards Can Stay Ahead: Strategic Governance in Six Practical Steps -  July 29, 2013
  • Key Trends & Lessons Learned from the 2013 Proxy Season -  July 23, 2013
  • 10 Rules for Public Companies When Giving Guidance -  July 01, 2013
  • Q&A: New SEC Disclosure Requirements Take Effect -  February 07, 2013
  • Giving Good Guidance on Earnings -  January 01, 2013
  • Giving Good Guidance: What Every Public Company Should Know -  October 18, 2012
  • Rules of Engagement: Building Relationships with Your Shareholders Through Effective Communication -  October 18, 2012
  • SEC Adopts "Conflict Minerals" Rules -  September 20, 2012
  • Corporate Governance Commentary: Proxy Access and Advance Notice Bylaws in the Wake of Invalidation of the SEC’s Proxy Access Rule: An Approach to Private Ordering -  November 30, 2011
  • Corporate Governance Commentary: Future of Institutional Share Voting Revisited: A Fourth Paradigm -  September 7, 2011
  • Corporate Governance Commentary: A 12-Step Program to Truly Good Corporate Governance -  May 9, 2011
  • Corporate Governance Commentary - Proxy Advisory Business: Apotheosis or Apogee? -  March 3, 2011
  • M&A Commentary - Adoption of Poison Pill to Deter Activist Investor Opposition to Negotiated Mergers -  February 8, 2011
  • Establishing and Enforcing Qualifications for Directors of Delaware Corporations -  January 1, 2011
  • Corporate Governance Commentary: Private Ordering in the Brave New World of Proxy Access -  November 3, 2010
  • Corporate Governance Alert - 2011 Proxy Season: SEC Announces Dodd-Frank Rulemaking Schedule and Starts the Clock on Proxy Access -  September 22, 2010
  • Corporate Governance Alert - 2011 Proxy Season: The First 100 Days—How to Get Ready for the Brave New World of Say on Pay and Proxy Access -  August 26, 2010
  • Interpretive Issues Related to Recent Changes to the New York Power of Attorney Law -  January 27, 2010
  • Corporate Governance Commentary: Proxy Access Bulletin No. 4, Proxy Access Rules will not be in Effect for Upcoming Proxy Season -  October 5, 2009
  • Corporate Governance Commentary: Proxy Access Analysis No. 2, Delaware Law Changes to Facilitate Voluntary Adoption of Proxy Access and Reimbursement Policy for Proxy Contests -  June 22, 2009
  • Corporate Governance Commentary: Proxy Access Bulletin No. 3, Proxy Access Proposed Rules Published by SEC -  June 15, 2009
  • Corporate Governance Commentary: Proxy Access Analysis No. 1, The Battle for Shareholder Access The Current State of Play -  May 19, 2009
  • Corporate Governance Commentary: New York Stock Exchange Extends, Expands Temporary Easing of Continued Listing Standards Until June 30, 2009 -  March 4, 2009
  • Corporate Governance Commentary: New York Stock Exchange Temporarily Lowers Minimum Average Global Market Capitalization Continued Listing Requirement to $15 Million through April 22, 2009 -  February 12, 2009
  • Corporate Governance Commentary: NASDAQ Extends Suspension of Listing Requirements in Response to Continued Economic Turmoil Until April 20, 2009 -  December 12, 2008
  • Strategies For Dealing With Shareholder Proposals -  December 15, 2008
  • Boards of Directors and Risk Management -  November 5, 2008
  • In-House FAQ -  December 03, 2007
  • Ten Good Rules -  June 2007
  • M&A Deal Commentary - SEC Proposes Amendments To The Best Price Rule -  January 18, 2006

“A distinguished figure in the California legal market”

Chambers USA 2020
Bar Qualification
  • California
Education
  • JD, University of California, Los Angeles School of Law, 1991
    Editor, UCLA Law Review, Order of the Coif
  • BA, Stanford University, 1988
    With Distinction
Industries
  • Entertainment, Sports & Media
  • REITs
Practices
  • Public Company Representation
  • Capital Markets
  • Activism
  • Mergers & Acquisitions
  • Emerging Companies
  • Private Equity
  • Corporate Governance
  • Takeover Planning & Defense