Herbert Smith Freehills Kramer LLP, Bankruptcy/Restructuring

About

Provided by Herbert Smith Freehills Kramer LLP

We represent significant parties throughout the capital structure, including key creditors (whether secured lenders, bondholders and official or ad hoc creditors’ committees) and companies (including their sponsors or boards of directors) in many of the largest and most complex bankruptcies and restructurings throughout the world. Our people lead transactions, investigations, negotiations and, when required, litigation to drive results, including harmonizing divergent interests.

We have led on suits in courts throughout the world. These include representing clients on matters involving multiple debtors with competing secured and unsecured creditors, complex restructurings, and contested inter-debtor and inter-creditor issues. We have always been at the forefront of developing case-defining strategies across the globe, including in historic Chapter 11 or out-of-court reorganizations and the development of the UK Part 26 schemes of arrangement and, more recently, Part 26A restructuring plans.

The team has deep experience in dealing with restructurings and insolvencies in a broad range of sectors, such as energy (including oil & gas and renewables), mining (and mining services), infrastructure (including aviation, rail, roads, PPPs and shipping), healthcare, real estate (including construction and projects), technology, media & communications, municipalities and retail. Our global practice has teams in offices in key financial and business centers around the world.

Chambers Review

Provided by Chambers

Bankruptcy/Restructuring: The Elite - USA - Nationwide

Band 2

What the Team is Known For

Kramer Levin has an excellent reputation for its representation of creditors and debtors in complex Chapter 9 and 11 engagements, and is particularly identified by market observers for the primacy of its creditors' committee practice. It is also widely praised for its strong bankruptcy litigation offering and ability to draw on additional strength in real estate and energy. The firm boasts an enviable client list of national and multinational corporates, hedge funds and distressed municipalities and has been active in a number of the largest and most complex matters of late, including major domestic and cross-border bankruptcies in the retail and energy sectors.

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Work Highlights

Kramer Levin was counsel to the official committee of unsecured creditors of Rite Aid Corporation in connection with its Chapter 11 case.