Mary K. Ephraim is an attorney practicing civil litigation at Stenger, Glass, Hagstrom, Lindars & Iuele LLP. Before joining the firm in 2020, she practiced in a wide range of areas, including consumer and corporate bankruptcy, asset sales, corporate governance, and regulatory compliance.
Mary Kate began her legal career practicing bankruptcy law. She clerked for the Hon. Cecelia G. Morris, the Bankruptcy Judge for the Poughkeepsie Division of the Southern District of New York bankruptcy court, from 2008 to 2012. When her term ended, she joined the bankruptcy group of Kramer Levin Naftali’s & Frankel, LLP as an associate. At that firm, she prepared a New York City hospital for its chapter 11 case and represented bondholders in litigation regarding the amount and priority of their claims.
In 2015, Mary Kate joined the national creditors’ rights firm of Weinstein & Riley, P.S., where she defended her clients in FDCPA class action suits and regulatory matters initiated by consumer protection agencies. Additionally, she advised Oak Harbor Capital, LLC, a pioneer in the distressed consumer debt industry, on its compliance program under the Investment Advisers Act of 1940, as well as on state debt buyer licensing regimes applicable to its private equity funds.
In January 2017, Mary Kate transferred to Oak Harbor Capital full-time as an in-house counsel. She continued to support W&R while handling the general corporate matters of the company, with emphasis on purchases and sales of residential mortgage loans and portfolios of chapter 13 claims, private equity fund formation and dissolution, and the universe of problems presented by nonperforming notes and REO properties.
Mary K. Ephraim earned her undergraduate degree from the University of Vermont and her law degree from Pace Law School. She is admitted to practice in the state courts of New York, Connecticut, and Pennsylvania, and the Southern District of New York (SDNY), Eastern District of New York (EDNY), and the Middle District of Pennsylvania (MDPA).