Bankruptcy and Restructuring

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Claire Mosley
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Bankruptcy and Restructuring Kramer Levin has represented creditors committees, bondholders and companies in many of the largest and most complex U.S. bankruptcies over the past three decades.

negotiations that harmonize divergent interests and achieve consensual solutions, and to win suits in bankruptcy court, courts of appeal and the U.S. Supreme Court.

1 Bankruptcy and Restructuring Kramer Levin has represented creditors committees, bondholders and companies in many of the largest and most complex U.S. bankruptcies over the past three decades. For more than 30 years, creditors, debtor corporations, investors, lenders and acquirers have turned to Kramer Levin to solve complicated bankruptcy and restructuring problems, to structure and lead negotiations that harmonize divergent interests and achieve consensual solutions, and to win suits in bankruptcy court, courts of appeal and the U.S. Supreme Court. Representing clients throughout the United States, we typically take on cases that involve multiple debtors with competing secured and unsecured creditors, complex restructurings, and contested interdebtor and intercreditor issues. Always at the forefront in negotiating resolutions both in and out of court, our lawyers have developed and utilized case-defining strategies in historic Chapter 11 or out-of-court reorganizations of industry leaders, governments and municipalities, including: Creditor Representations Toys R Us Seadrill Ltd. FirstEnergy Solutions Caesars Entertainment Operating Co. Energy Future Holdings Inc. General Motors NII Holdings (Nextel International) Peabody Energy Corp. Residential Capital LLC (GMAC Mortgage) Company Representations Genco Shipping & Trading Ltd. General Maritime First Mariner Bancorp Saint Vincent s Hospital Attorney Advertising. Prior results do not guarantee a similar outcome KRAMER LEVIN NAFTALIS & FRANKEL LLP All Rights Reserved.

2 Targus Constellation Enterprises Municipal/Government Representations Argentina Puerto Rico Detroit Kramer Levin has consistently been recognized as a leading corporate restructuring and bankruptcy firm in New York and nationwide by Benchmark Litigation, Chambers USA, Chambers Global, and U.S. News & World Report and Best Lawyers. Distinguishing characteristics of our core team: A bench of 30 bankruptcy lawyers Two senior partners who are leading practitioners in New York City and nationwide Two veteran partners who have deep experience representing companies as well as a diverse range of secured and unsecured creditors Five experienced, up-and-coming partners who have figured prominently in some of the largest corporate and municipal bankruptcies in recent years Three partners dedicated to bankruptcy litigation One partner who is an industry leader in all aspects of claims trading Deep experience across a wide range of industries, including health care, retail, shipping and telecommunications Focus Areas Bankruptcy Litigation and Investigations Bondholder, Lender and Other Creditor Representations Claims Trading and Investment Advice Creditor Committee Representations Debtor and Company-Side Representations Distressed Mergers and Acquisitions Municipal and Government Insolvencies Real Estate Workouts and Restructuring KRAMER LEVIN NAFTALIS & FRANKEL LLP 2

3 Recognition Recognized for Bankruptcy and Restructuring in Chambers USA ( ) and Chambers Global ( ), Chambers USA/ Chambers Global ( ) Restructuring Deal of the Year Award (Over $1B to $5B) for the Representation of CHC Group Limited, M&A Advisor s Turnaround Awards (2018) Tier 1 for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law ( ); Tier 1 for Bankruptcy Litigation ( ); Bankruptcy Litigation Law Firm of the Year ( ), U.S. News & World Report and Best Lawyers Best Law Firms ( ) Recognized for Bankruptcy, Benchmark Litigation (2018) Recognized for Restructuring and Bankruptcy; Corporate Restructuring Law Firm of the Year (2014), Legal 500 US ( ) Utilities Deal of the Year Award for the Representation of the Major Bondholder Group in the Debt Restructuring of Puerto Rico Electric Power Authority (PREPA) (Representing the Major Bondholder Group), M&A Advisor s Turnaround Awards (2017) Restructuring Deal of the Year Award ($5bn-$10bn) for the Representation of the Official Committee of Unsecured Creditors in Arch Coal, M&A Advisor s Turnaround Awards (2017) Restructuring Deal of the Year Award (>$10bn) for the Representation of the Major Bondholder Group in the Debt Restructuring of Puerto Rico Electric Power Authority (PREPA), M&A Advisor s Turnaround Awards (2017) Materials Deal of the Year Award (>$250mm) for the Representation of the Major Bondholder Group in the Restructuring of Molycorp, M&A Advisor s Turnaround Awards (2017) Chapter 11 Reorganization of the Year Award ($1bn-$5bn) for the Representation of the Major Creditor in RCS Capital Corp., M&A Advisor s Turnaround Awards (2017) Industrials Restructuring of the Year Award for the Representation of Constellation Enterprises, Global M&A Network s Turnaround Atlas Awards (2017) Financial Services Restructuring of the Year Award for the Representation of a Major Creditor in RCS Capital, Global M&A Network s Turnaround Atlas Awards (2017) Corporate Turnaround of the Year Award (>$5bn) for the Representation of the Official Committee of Unsecured Creditors in Arch Coal, Global M&A Network s Turnaround Atlas Awards (2017) Restructuring Deal of the Year Award (>$1bn) for the Representation of the Official Committee of Unsecured Creditors in NII Holdings, M&A Advisor s Turnaround Awards (2016) Turnaround of the Year Award (>$2.5bn) for the Representation of the Official Committee of Unsecured Creditors in NII Holdings, Global M&A Network s Turnaround Atlas Awards (2016) KRAMER LEVIN NAFTALIS & FRANKEL LLP 3

4 Special Situation M&A Deal of the Year Award for the Representation of the Official Committee of Unsecured Creditors in Patriot Coal and Sale of Assets, Global M&A Network s Turnaround Atlas Awards (2016) Industrial Manufacturing/Distribution Deal of the Year Award for the Representation of Genco Shipping & Trading Ltd., M&A Advisor s Turnaround Awards (2015) Section 363 Sale of the Year Award (>$1bn) for the Representation of the Official Committee of Unsecured Creditors in Residential Capital LLC, M&A Advisor s Turnaround Awards (2014) Bankruptcy Law Firm of the Year, M&A Advisor s Turnaround Awards (2014) Energy Deal of the Year Award for the Representation of the Official Committee of Unsecured Creditors in AES Eastern Energy, L.P., M&A Advisor s Turnaround Awards (2014) Practice Group of the Year, Law360 (2014) Creditors Restructuring Law Firm of the Year, Global M&A Network s Turnaround Atlas Awards (2014) New York Corporate Restructuring Law Firm of the Year, AQI s M&A Awards (2014) Industrial Manufacturing and Distribution Deal of the Year Turnaround Award for the Representation of General Maritime Corporation, M&A Advisor (2013) Turnaround of the Year (Large Markets) Award for the Representation of General Maritime Corporation, Global M&A Network (2013) New York Restructuring Law Firm of the Year, Corporate INTL Magazine (2013) Turnaround Community Impact Deal of the Year and Healthcare/Life Sciences Deal of the Year Awards for the Representation of Saint Vincent Catholic Medical Centers of New York, M&A Advisor s Turnaround Awards (2012) Bankruptcy Group of the Year, Law360 (2012) Healthcare Services Turnaround of the Year Award for the Representation of Saint Vincent Catholic Medical Centers of New York, Global M&A Network s Turnaround Atlas Awards (2012) Chapter 11 Reorganization Deal of the Year Award (Large Markets) for the Representation of the Official Committee of Unsecured Creditors in Capmark Financial Group Inc., Global M&A Network s Turnaround Atlas Awards (2012) Chapter 11 Reorganization of the Year Award (Upper Middle Market) for Cooper Standard Holdings, M&A Advisor s Turnaround Awards (2011) Industrial Products & Manufacturing Award for Smurfit-Stone Container Corp., Global M&A Network s Turnaround Atlas Awards (2011) Corporate Turnaround of the Year Award (>$500mm) for Cooper-Standard Holdings, Global M&A Network s Turnaround Atlas Awards (2011) KRAMER LEVIN NAFTALIS & FRANKEL LLP 4

5 Chapter 11 Reorganization of the Year Award (Middle Market) for Bally Total Fitness, Global M&A Network s Turnaround Atlas Awards (2010) Distressed M&A Deal of the Year Award (>$100mm), M&A Advisor s Turnaround Awards (2010) Business Services Sector Deal of the Year Award, M&A Advisor s Turnaround Awards (2010) Consumer Services Sector Deal of the Year Award, M&A Advisor s Turnaround Awards (2010) Middle Market Deal of the Year and Professional Services Industry Sector Deal of the Year, M&A Advisor s Awards (2009) Leading US Restructuring and Insolvency Practice, IFLR 1000 ( , 2014, 2017) Chapter 11 Reorganization of the Year Award for WCI Steel, M&A Advisor s Turnaround Awards (2007) Law Firm of the Year, M&A Advisor s Turnaround Awards (2007) KRAMER LEVIN NAFTALIS & FRANKEL LLP 5

Financial Restructuring

Financial Restructuring Key Contacts Allan S. Brilliant New York +1 212 698 3600 Michael J. Sage New York +1 212 698 3503 MENU Bankruptcy and Creditors' Rights Litigation Committees and Other Significant