Kramer Levin attorneys advised Hills Stores Company in its sale to Ames Department Stores. The transaction, which was completed on December 31, 1998, was accomplished through tender offers for Hills' outstanding common and preferred stock and senior notes. 

The Kramer Levin corporate team for the Hills Stores deal included Paul Pearlman, Abbe Dienstag, Alan Friedman, Barry Herzog, David Flatto, and Tom Kratochvil.