Steve Boyajian, a member of the firm’s Business Litigation Group, focuses his practice on bankruptcy, creditors' rights, and litigation involving real estate and business disputes. He frequently represents financial institutions, private lenders, purchasers of distressed assets, landlords, title insurers, suppliers, and professional service providers.
Mr. Boyajian represents financial institutions and private lenders in the enforcement of their rights under credit documents, including through litigation, conduct of secured party sales, foreclosures, and workouts. He develops and executes offensive and defensive strategies for creditors who are confronted by insolvency related risks.
Mr. Boyajian has successfully worked to make his clients financially whole. After a borrower fraudulently transferred funds into a real estate holding company, Mr. Boyajian obtained full recovery of the money, with fees and interest, for the lender. In another matter, he helped a lender obtain full payment, fees, and interest in under a year, by negotiating the restructuring of a multimillion dollar credit facility.
Bankruptcy and Receivership
Mr. Boyajian assists lenders, asset purchasers, landlords, trade creditors, insurers, creditors’ committees and trustees in all stages of bankruptcy and receivership proceedings, including relief from stay and cash collateral hearings, preference and fraudulent transfer litigation, asset sales, and confirmation proceedings. His experience in bankruptcy and receivership allows him to foresee the legal risks his clients may be exposed to as their borrowers approach insolvency, allowing him to protect clients’ interests and assets. He successfully helped a client, a secured creditor, get full recovery of its multimillion dollar claim, including interest and fees, from a debtor in Chapter 11 bankruptcy after a lengthy confirmation process involving competing plans of reorganization.
Real Estate Litigation
Mr. Boyajian represents owners, lenders and title insurers in all real estate litigation, including contested foreclosures, challenges to the validity of mortgages, evictions, prescriptive easements and adverse possession, tax appeals, tax sales, and title insurance coverage matters. Mr. Boyajian has defended multiple claims concerning the alleged invalidity of consumer mortgages and pending foreclosures, including cases in a master docket of over 800 cases in the United States District Court for the District of Rhode Island.
Mr. Boyajian helps clients involved in all manner of business disputes, including litigation of professional liability matters, business torts, breach of contract claims, and shareholder disputes. He has a record of achieving success on clients’ behalf, such as working with a team to obtain summary judgment in favor of a national actuarial firm which had faced allegations of malpractice.
Pro Bono and Community Involvement
Mr. Boyajian is committed to pro bono work. He participates in the Rhode Island Bar Association’s Elderly Pro Bono Program by assisting elderly individuals faced with collection actions. Mr. Boyajian is on the Town Council in Barrington, Rhode Island. He is also a member of the Board of Directors of Day One, an organization which advocates for victims of sexual abuse and violence.
Prior to joining Robinson+Cole, Mr. Boyajian was with a boutique bankruptcy firm in Providence, Rhode Island, where he counseled clients on all aspects of receivership proceedings and related litigation and in all stages of bankruptcy. While in law school, Mr. Boyajian worked for the National Consumer Law Center in Boston, Massachusetts.