Kramer Levin Named a Law Firm of the Year Finalist by M&A Advisor's Turnaround Awards

NEW YORK, March 8 /PRNewswire/ -- Kramer Levin Naftalis & Frankel's work on many of the biggest bankruptcies of the past year has earned the firm a nod as a finalist for Law Firm of the Year in M&A Advisor's 2010 Turnaround Awards.

M&A Advisor will announce the winner at its annual Turnaround Awards dinner on March 21.  The other finalists for law firm of the year are Cadwalader, Wickersham & Taft LLP and Jones Day.

Kramer Levin has been involved in many of the largest and most significant recent bankruptcies and bankruptcy related matters. For example, the firm represented the creditors' committees in the General Motors Corp., Chrysler LLC, Capmark Financial Group, Smurfit-Stone Container Corp. and Cooper-Standard Automotive bankruptcies. The firm represented Bally Total Fitness in its bankruptcy and Deloitte LLP in the successful acquisition as stalking horse of the North American Public Services business of BearingPoint, Inc. Kramer Levin currently represents St. Vincent's Hospital and Magna Entertainment Corp.'s creditors committee in those restructuring matters.

In addition to Law Firm of the Year, M&A Advisor named Kramer Levin a finalist for Turnaround of the Year ($100 million and above) and Chapter 11 Reorganization of the Year ($100 million and above) for the firm's work on Bally's. Kramer Levin is also a finalist for Distressed M&A Deal of the Year ($100 million and above) for its work representing Deloitte in its acquisition of BearingPoint's North American consulting practice.

Kramer Levin's Corporate Restructuring and Bankruptcy Department is Co-Chaired by Kenneth Eckstein and Thomas Moers Mayer. It is comprised of approximately 40 lawyers whose practice focuses exclusively on bankruptcy and creditors' rights matters.  In each of these matters, the bankruptcy department works seamlessly with the firm's other practice groups, including Corporate, Banking & Finance, Tax, Intellectual Property, Litigation, Real Estate, Employee Benefits, and Employment Law.  Over this past year, approximately 150 Kramer Levin attorneys, or approximately 40% of the entire firm, have devoted time to bankruptcy matters.  

Kramer Levin Naftalis & Frankel LLP is a premier, full-service law firm with offices in New York and Paris. Firm lawyers are leading practitioners in their respective fields, who understand their clients' businesses, demonstrate a strong focus on client service and offer innovative and practical solutions. The firm represents Global 1000 and emerging growth companies, institutions and individuals, across a broad range of industries. The firm, its attorneys and practice groups have received the highest rankings, awards and honors for their work including from Best Lawyers, Chambers USA/Global, Lawdragon 500, Human Resources Executive, American College of Trial Lawyers, National Law Journal, National Bankruptcy Conference, BTI Client Service All-Star Team for Law Firms, Benchmark Litigation, Institutional Investor, The International Who's Who of Corporate Immigration Lawyers, Dealflow Media, Investment Dealers Digest, IP Law & Business Almanac, Legal 500 (US and European), Real Estate Weekly and M&A Advisor, among many others. The firm has also been widely honored for its strong commitments to pro bono, community service and diversity efforts.  For more information, please visit www.kramerlevin.com.

SOURCE Kramer Levin Naftalis & Frankel LLP