Kramer Levin Names Leaders of Distressed Investing Practice

Kramer Levin is pleased to announce that New York-based partners Daniel M. Eggermann and Rachael Ringer have been named co-heads of the firm’s Distressed Investing practice.

Daniel represents significant parties, including distressed investors, bank debt holder and bondholder groups, creditors’ committees, independent directors, and other parties in interest, in complex Chapter 11 bankruptcy cases, out-of-court restructurings and other distressed situations.

Rachael handles high-stakes and complex bankruptcy matters on behalf of creditors’ committees, bondholders and ad hoc groups, shareholders and companies and regularly advises clients in connection with investments in distressed credits with complex capital structures. She has advised on many notable bankruptcies and restructurings across a diverse range of industries, including health care, retail, financial services, oil and gas services, biopharmaceuticals, and mass torts.

Kramer Levin’s Distressed Investing practice represents banks, hedge funds and other financial institutions in all types and stages of distressed investing. The team routinely advises clients at the pre-workout, pre-petition and post-petition phases as well as on distressed debt acquisitions, loan-to-own strategies and distressed asset sales, both in and out of court.

The firm’s Distressed Investing practice is complemented by its Special Situations practice and strong Bankruptcy Litigation and Investigations and Financial Services Litigation groups, both of which experienced significant growth when Kramer Levin combined with Washington, DC, litigation boutique Robbins, Russell, Englert, Orseck & Untereiner LLP in 2022.