MHR Advisory
Steven Balasiano, Founder of MHR Advisory Group
Founder

Steven Balasiano

Founding Member, MHR Advisory Group, LLC
Founding Member, Balasiano & Associates, PLLC

Steven is a trusted business and legal advisor, bringing clients a depth of practical insight earned from leading apparel, retail, and manufacturing companies — combined with a robust restructuring law practice.

He has particular expertise representing and maximizing recoveries for trade creditors in retail and consumer-goods bankruptcies across the country. Courts have repeatedly appointed Steven to serve as Liquidation Trustee, Plan Administrator, Disbursing Agent, and Claims Monitor in significant cases.

Steven's practice is built on coupling a strong legal background with direct business and operational experience. After honing his legal acumen in the bankruptcy departments at Kelley Drye & Warren and Stroock & Stroock & Lavan, he moved into operating leadership — first as Chief Administrative Officer at The Children's Place Retail Stores, then as President of an apparel manufacturing company with factories in Sri Lanka, leader of a global apparel sourcing company with offices across Asia and Southeast Asia, President of a multi-branded private-label children's apparel company, and senior leader at Enchante Accessories, an importer of home goods.

Credentials

Education

St. John's University School of Law

J.D., 1987

SUNY Binghamton

B.A., 1984

Bar Admissions

New York · New Jersey

Admitted to practice in state and federal courts in New York and New Jersey.

Court Admissions

Federal Courts

U.S. District Court — Southern District of New York
U.S. District Court — Eastern District of New York
U.S. District Court — District of New Jersey

Selected operating roles

Decades of senior leadership across retail, apparel, and consumer goods.

  • Chief Administrative Officer
    The Children's Place Retail Stores
  • President
    Apparel manufacturing company · Sri Lanka operations
  • Leader
    Global apparel sourcing company · Asia / SE Asia
  • President
    Multi-branded private-label children's apparel
  • Senior leadership
    Enchante Accessories · home accessories