Legality of the Leveraged Lending Guidance is Questioned
Limits on Creditors’ Remedies Against Solvent Debtors Echoed in the Quadrant Litigation
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Litigation chairman and partner and firm co-chair Gary P. Naftalis was featured on the cover of the 2010 edition of New York Super Lawyers, and profiled in an article entitled "The Ultimate Lawyer-Statesman." The article chronicled Mr. Naftalis' journey as the oldest of three boys growing up in Newark, New Jersey to his job as the assistant U.S. attorney under Robert Morgenthau, and onto his move into private practice, eventually being recruited to join Kramer Levin in 1981 and named partner in 1992. Cases such as his successful defense of Michael Eisner, of which Mr. Eisner said Mr. Naftalis was "awesome, fantastic, theatrical and always right" and the City of New York in the Deutsche Bank building case, and representation of Kidder, Peabody & Co. were noted. The article also highlighted his receipt of the New York Lawyers for the Public Interest's highest honor, being designated "the ultimate lawyer-statesman" and praise from former U.S. Attorney Mary Jo White, who called Mr. Naftalis "one of this country's best, brightest and most versatile lawyers." Additionally, the article noted his significant work for the Legal Aid Society, the American Friends of Hebrew University and treatment centers for disturbed children.