Kramer Levin Highlighted as One of Few Am Law 100 Firms Involved in Recent Surge of High-Level Insurance M&A Deals
2014 Benchmark Litigation Names Kramer Levin to the Top Tier of New York Litigation Firms
Mr. Eckstein is Co-Chairman of Kramer Levin’s 45-attorney Corporate Restructuring and Bankruptcy Department and has played a prominent role in many of the largest and most complex Chapter 11 reorganization cases over the past 30 years. His practice includes both in and out-of-court restructurings of financially distressed businesses on behalf of debtors, creditor committees, major secured and unsecured creditors, bondholders, trustees, examiners, and third parties seeking to acquire the assets or businesses of financially troubled companies. Mr. Eckstein has represented the debtors in the bankruptcies of General Maritime Corporation, Saint Vincent Catholic Medical Centers, Bally Total Fitness, Molecular Insight Pharmaceuticals, Ascendia Brands, Malden Mills, MicroWarehouse, Berry-Hill Galleries, Elite Models, Cross Media and The Wiz, Inc. Mr. Eckstein’s representations also include the official creditor committees of Residential Capital LLC, General Motors, Chrysler, Cooper-Standard, Magna Entertainment, Leap Wireless, Big V Supermarkets, SGL Carbon Corp., Cityscape Financial, Olympia & York, Integrated Resources, SLM International, Financial News Network, PSNH, Eastern Airlines and Texaco. His other representations include the Dewey & LeBoeuf Lenders, Adelphia/FrontierVision Bondholders, Owens Corning Bank Group, Calpine Canada bondholders and the Dow Corning Claimants Committee. He has represented bondholders, bank groups, acquirors and other major creditors in Washington Mutual, Tribune Company, Charter Communications, Steve & Barry’s, Calpine Corporation, Northwest Airlines, PTS, Enron, Warnaco, NTL, Twin Lab, Amerco, Mediq, PacCoin, Big City Radio, Jitney Jungle, LTV, New Valley, Herman’s Sporting Goods, Tucson Electric and Farley Industries. He has led his firm’s representation of Deloitte LLP for the purchase of assets of BearingPoint’s Public Services practice, the Examiner in Bruno’s Inc. and the Independent Restructuring Advisor in Coram Healthcare. He has also represented the Trustee in Island Mortgage and in Sharp International. Mr. Eckstein regularly represents a wide range of lending and other financial institutions and distressed investors in chapter 11 cases, workouts and out of court restructurings. These institutions include JP Morgan Chase, Credit Suisse, BNP-Paribas, Morgan Stanley, Centerbridge, Anchorage Capital, Aurelius, Harbinger, Elliott Associates, Angelo Gordon, Farallon and others. Mr. Eckstein was recently named a fellow of the American College of Bankruptcy. He has received many honors, including being named once again an “Outstanding Restructuring Lawyer” by Turnarounds & Workouts (2013), being recognized as one of the Best Lawyers in America from 2004 to 2014, being listed in Chambers USA, Leading Lawyers for Business, 2003-2013, Legal 500 US 2009-2013, Lawdragon 500 (2011 and 2012) and being designated a New York Super Lawyer (2006-2013). Benchmark Litigation 2014 singled him out as one of New York’s “Litigation Stars.” Mr. Eckstein was named “Restructuring Lawyer of the Year” by Global M&A Network at the 2010 Distressed M&A Deal Forum and Turnaround Atlas Awards Gala. Mr. Eckstein has served as a member of the Committee on Bankruptcy and Corporate Reorganization of the New York City Bar Association, and is a member of the Section on Corporation, Banking and Business Law of the American Bar Association.