Following the merger between Kramer Levin and Herbert Smith Freehills, Herbert Smith Freehills Kramer‘s restructuring team has developed extensive experience in restructuring processes, particularly Chapter 11 proceedings. The practice’s clients include creditors, creditor groups, creditors’ committees, and debtors. Leading the team are New York-based Amy Caton, who represents investors and creditors in high-profile bankruptcy cases, and Kenneth Eckstein, who counsels debtors and boards of directors in legal, financial, and operations issues arising out of reorganizations. Deputy head of bankruptcy and restructuring, Rachael Ringer, specializes in complex creditor-side bankruptcy matters. Robert Stewart advises clients on US and cross-border novel debt, equity, and financing transactions and solutions, and Kyle Ortiz represents debtors in complex corporate restructuring. Daniel Eggermann counsels market participants in connection with credit default swaps. Another key name in the team is Thomas Moers Mayer. All lawyers are based in New York.
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Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
‘HSF Kramer is unique within the restructuring space in that they are always willing to think creatively to meet the goals of the client.'
'They always provide clean and simple breakdowns of the law so that I can easily communicate that to our internal team and work extremely hard for their clients to achieve positive outcomes.'
'The collaboration among the HSF Kramer team is incredible; I have relationships with numerous members of the team because they are all so capable of restructuring work.’
‘The individuals are incredibly knowledgeable and fast learners in new sectors.'
Individuals we have worked closely with include Amy Caton, Alexander Woolverton, Douglas Buckley, Steven Segal and Benjamin Sieck. All of them are incredible to work with. ’
‘HSFK has deep bench strength in the New York office, bolstered by the firm's global reach and capabilities.'
Key clients
- Ad Hoc Committee in connection with Purdue Pharma LP’s bankruptcy
- Del Monte Foods Inc.
- Ad hoc group of holders of $985 million in Florida Development Finance Corporation Revenue Bonds
- Ad hoc group of holders of $2.5 billion in Senior Subordinated Secured Revenue Bonds
- Tether Holdings Ltd.
- The Smith Law Firm Claimants of Red River Talc
- UMB Bank, N.A., as bond trustee and as noteholder representative
- Eletson Holdings, Inc.
- Official Committee of Anthology, Inc.
- Official Committee of Unsecured Creditors of Omnicare Inc.
- State of Connecticut
- UMB Bank, N.A. as trustee for Philadelphia Authority for Industrial Development Bonds (University of the Arts)
Work highlights
Represented the Ad Hoc Committee (AHC) of ten 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.
Representing approximately 12,000 talc claimants that are clients of The Smith Law Firm, PLLC, in the bankruptcy case of Red River Talc filed in Texas, which seeks to resolve Johnson & Johnson’s liability for ovarian and other gynecological cancers caused by exposure to talc through a prepackaged Chapter 11 plan.
Represents UMB Bank, N.A. as master trustee for approximately $80 million in bonds and other obligations of Jackson Hospital, a non-profit hospital in Montgomery, Alabama, from mid-2025 through the ongoing Chapter 11 bankruptcy case filed by the hospital in February 2025.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Kenneth Eckstein; Amy Caton
Other key lawyers
Rachael Ringer; Robert Stewart; Kyle Ortiz; Daniel Eggermann; Thomas Moers Mayer