Kramer Levin was among the firms to receive the award for Restructuring Deal of the Year at the 2023 IFLR Americas Awards for the firm’s involvement in the LATAM Airlines Group restructuring. Kramer Levin represented an ad hoc creditor group in the Chapter 11 cases of LATAM Airlines Group S.A. and its affiliated debtors (together, LATAM). LATAM, Latin America’s largest air carrier, entered Chapter 11 in the summer of 2020.