Announcements
Feb. 25, 2014

Kramer Levin Named Bankruptcy Law Firm of the Year by the M&A Advisor Turnaround Awards: Firm Also Receives Awards for 363 Sale of the Year and Energy Deal of the Year

Kramer Levin Naftalis & Frankel LLP’s Corporate Restructuring and Bankruptcy Department will be recognized as the “Law Firm of the Year” at the 8th annual M&A Advisor Turnaround Awards, M&A Advisor announced. The award recognizes the firm’s leading role this past year in many of the largest reorganization cases, including Residential Capital, Patriot Coal, Jefferson County, Dewey LeBoeuf, Kodak, American Airlines, AES and others.

Kramer Levin will also be a recipient of the award for “Sec. 363 Sale of the Year (over $1 billion)” for the firm’s representation of the creditors’ committee in the restructuring of Residential Capital LLC. In addition, Kramer Levin will receive the award for “Energy Deal of the Year” for the firm’s representation of the creditors’ committee in the restructuring of AES Eastern Energy, L.P.

Nominations, representing over 500 participating companies, were judged by an independent jury of industry experts. The awards will be presented at the M&A Advisor Turnaround Awards Gala on Tuesday, March 11 in Palm Beach, Fla.

“We are honored to receive these awards,” said Kenneth H. Eckstein, co-chairman of Kramer Levin’s Corporate Restructuring and Bankruptcy Department along with Thomas Moers Mayer. “We are proud of the work we have done guiding our clients through extremely complex restructurings and achieving successful resolutions. These awards are the result of the commitment to hard work and innovative solutions consistently demonstrated by every member of our group.”

The Kramer Levin team on the $2.1 billion ResCap deal was led by Eckstein and included, among others, corporate restructuring partners Philip Bentley and P. Bradley O’Neill; and litigation partners Gregory A. Horowitz, Philip S. Kaufman, Norman C. Simon, and Jeffrey S. Trachtman.

The Kramer Levin team on the $700 million AES deal was led by corporate restructuring and bankruptcy partner Robert T. Schmidt and included, among others, litigation partner Horowitz, corporate partner Abbe L. Dienstag and tax partner Barry Herzog.

Kramer Levin’s 45-member Corporate Restructuring and Bankruptcy Department handles a wide-range of representations including creditors’ committees, equity committees, debtors, banks, bondholders, trade creditors, landlords, investors, debtor-in-possession lenders and acquirers as well as investors in the purchase and sale of securities and assets of troubled companies. The group has received many other recent recognitions. For example, Law360 named it a “Top Practice Group of the Year” for 2012, and U.S. News & World Report named Kramer Levin “Law Firm of the Year” in bankruptcy litigation for 2012-13.

Related People

Related Practices

We use cookies on this website to optimize user experience and site functionality and to give you the best possible experience. We do so with your approval. The choice is up to you. Learn more.