Bankruptcy/Restructuring: The Elite - USA
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.
Strengths
"They provided excellent advice in a complicated restructuring. The team was exceptionally responsive at all hours of the day."
Work highlights
Kramer Levin represented the ad hoc committee of governmental plaintiffs in the Mallinckrodt bankruptcy cases.
Notable practitioners
Thomas Mayer wins praise from all corners of the market for his expertise in complex bankruptcy matters. He is adept at handling both Chapter 9 and 11 proceedings. "One of the best bankruptcy lawyers I've ever met."
Kenneth Eckstein advises clients on both the debtor and creditor sides of bankruptcy matters. His long-standing experience spans Chapter 11 proceedings, out-of-court restructurings and litigation. He has recently advised on matters in the pharmaceutical, energy and retail sectors. "A deal maker who is constructive and effective." "He's very smart and experienced." "A pillar of the bankruptcy Bar."
