Prepackaged Bankruptcy: Is It Right for Your Company?
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Kramer Levin represented pre-petition lender, DIP lender and purchaser of SP Newsprint (now SP Fiber Technologies), a newsprint and fiber technologies company with assets in Georgia, Oregon and throughout the United States. The deal closed on September 10, 2012. The Kramer Levin team included Corporate partner John Bessonette, Corporate Restructuring and Bankruptcy partner Douglas Mannal, Banking and Finance special counsel Mae Rogers, Corporate Restructuring and Bankruptcy associates Mark Chass, Elan Daniels and Anastasia N. Kaup, Corporate associates Joshua R. Little, Matthew A. Weiss and Michael Hill, Environmental special Counsel Karen Leo Mintzer, Employee Benefits special counsel Avram J. Cahn, Tax partner Barry Herzog, and Tax special counsel Blake A. Rigel.