Herbert Smith Freehills Kramer‘s New York-based bankruptcy and restructuring group, under the seasoned leadership of Kenneth Eckstein and Amy Caton, is well-equipped to advise creditors and debtors on significant, high-value mandates ranging from restructurings and bankruptcies to related litigation. With considerable experience handling complex, high-profile cases, the group continues to attract new clients to its roster which is made up of creditor committees, shareholders, and trustees, in addition to municipal entities. Eckstein stands out for his strong track record representing municipalities in restructuring litigation and settlement negotiations, while Caton is the main point of contact for Chapter 9 proceedings, municipal bankruptcies, and special situations. The team also benefits from the aptitude of bankruptcy specialist Rachael Ringer, Thomas Mayer – who is noted for his activity in the Puerto Rico bankruptcy – and litigation authority David Blabey. Other key practitioners in the department include Natan Hamerman, Ariel Lavinbuk, and Adam Rogoff.
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Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
‘HSF Kramer is truly differentiated from other practices in munis. They work with us as a team to negotiate certain business/credit risks that we might not be aware of that arise out of how the documents/terms are written. They answer questions and think proactively, strategically, and critically about special situations. No other firm has a structured finance team that pitches financing solutions within the constraints of the preexisting covenants. Full service, collaborative, and imaginative. ’
‘Amy Caton and Bodie Stewart are exceptional - strong interpersonal skills, problem solving ability, flexibility, and candor’
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)
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Kenneth Eckstein; Amy Caton
Other key lawyers
Rachel Ringer; Thomas Mayer; David Blabey; Natan Hamerman; Ariel Lavinbuk; Adam Rogoff; Bodie Stewart; Scott Welkis