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Nov. 01, 2011

Kramer Levin Named Law Firm of the Year in Bankruptcy Litigation

Kramer Levin Naftalis & Frankel LLP is pleased to announce that the firm was named the first “Law Firm of the Year” in Bankruptcy Litigation 2011-2012, by U.S. News & World Report - Best Lawyers Best Law Firms survey, the leading survey of lawyers worldwide. Kramer Levin received this honor based on a combination of high performance on client, peer and firm responses to surveys provided by Best Lawyers. Only one law firm in each of the nationally ranked legal practice areas received this recognition. Kramer Levin received the top ranking over 26 other firms that were nationally listed in top-tier for Bankruptcy Litigation.

Kramer Levin’s 40-attorney Bankruptcy and Restructuring Department, co-chaired by Kenneth H. Eckstein and Thomas Moers Mayer, focuses exclusively on bankruptcy and creditors’ rights matters and primarily represents 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. Among other areas, the firm has particular expertise giving advice in connection with complex bankruptcy litigation and investigations, distressed investments, mergers and acquisitions, and mass tort and class action bankruptcies. Kramer Levin also formed an active subgroup of attorneys focused on distressed and special situations lending, and another devoted to claims trading in distressed enterprises.

Over the past 20 years, Kramer Levin’s Bankruptcy and Restructuring Department has established itself as an industry leader by playing a leading role in many of the nation’s largest and most complex Chapter 11 cases and business restructuring matters. Most recently, the firm served as debtors’ counsel to both Saint Vincent Catholic Medical Centers of New York and Bally Total Fitness Holding Corporation. The firm also represented the unsecured creditors’ committees in both the General Motors and Chrysler bankruptcies. Additionally, the firm represented the creditors’ committees of Capmark Financial Group, Smurfit-Stone Container Corp. and Magna Entertainment Corporation, the official equity committee in W. R. Grace and major parties in the Lehman Brothers, WAMU, Calpine, Adelphia, Owens Corning and Dow Corning Chapter 11 cases.

In July 2011, the firm launched its popular “Broken Bench Bytes” bankruptcy blog, which addresses notable timely decisions affecting corporate bankruptcy professionals and the business community.

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