Herbert Smith Freehills Kramer provides representation to a diverse range of parties on both the creditor and debtor side including creditors’ committees and debtors both in and out of court. The firm has a stable litigation practice, with practitioners such as Thomas Mayer handling bankruptcy trials and appeals, alongside litigation and defending discovery disputes. Kenneth Eckstein has been involved in a number of high profile Chapter 11 reorganizations, including pharmaceutical companies during the opioid crisis as well as the bankruptcies of companies involved in the automotive, media and entertainment industries. Co-Chair Amy Caton stands out for her representation of investors and creditors’ committees in large and complex bankruptcies, while Rachel Ringer has played a prominent role in advising on large bankruptcies and restructurings for a range of industries including retail and biopharmaceuticals. Daniel Eggermann advises reorganized companies and their investors on corporate issues and regularly counsels market participants, whereas David E. Blabey, Jr. represents a range of parties including creditors’ committees, bondholders and hedge funds in Chapter 11 bankruptcy cases, as well as representing clients in litigations within and outside the Chapter 11 context. All lawyers mentioned are based in New York.
Legal 500 Editorial commentary

Accolades

Client satisfaction

Key clients

  • Endo Pharmaceuticals Creditors’ Committee
  • Diamond Sports First Lien Lenders
  • Ad Hoc Committee in connection with Purdue Pharma LP’s bankruptcy
  • GenesisCare Creditors’ Committee
  • Ad Hoc Group of Puerto Rico Electric Power Authority (PREPA) Bondholders and other Puerto Rico bondholders
  • Cornell Capital, as equity sponsor of Instant Brands
  • AES Puerto Rico Bondholder Group
  • Parent Ad Hoc Group of Unsecured Creditors of LATAM Airlines
  • UMB Bank, as trustee for tax-exempt private activity “Green Bonds” that financed the Fulcrum Sierra renewable fuel project in Storey County, NV
  • Stanadyne Creditors’ Committee

Work highlights

  • Selected as counsel to represent the 7-member official creditors committee in the bankruptcy case of Endo International plc.
  • Served as lead bankruptcy counsel to a group of funds holding over a majority of the approximately $630 million first lien loans against Diamond Sports Group.
  • Represented the Ad Hoc Committee (AHC) of 10 state attorneys general, six municipalities, the Plaintiffs Executive Committee in the multidistrict litigation and a federally recognized Native American Tribe in the bankruptcy cases of Purdue Pharma.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Kenneth Eckstein
Rachel Ringer

Practice head

Kenneth Eckstein; Thomas Mayer

Other key lawyers

Amy Caton; Rachel Ringer; Daniel Eggermann; David E. Blabey, Jr.