Legality of the Leveraged Lending Guidance is Questioned
Limits on Creditors’ Remedies Against Solvent Debtors Echoed in the Quadrant Litigation
Ken Kopelman, co-chair of the Corporate Governance practice within the firm's Corporate Department, advises businesses, Boards, Board committees (compensation, audit and governance) and directors on a full range of governance, compliance and disclosure matters, providing counsel both on a regular ongoing basis and in the context of special situations, including contests for corporate control and internal inquiries and investigations. Areas of focus include representation of compensation committees (including advice regarding "say on pay", executive compensation plans and individual packages), evolving director responsibilities, "corporate democracy" issues, and formulation and implementation of the full range of Board policies, including "best practices". Ken's approach to working with Boards is informed by his own 30+ years' service as a director of public companies, including an S&P 500 consumer products company (NYSE) and a computer software firm (NASDAQ).
Most recently, Ken was recognized as one of the most influential people in corporate governance by the National Association of Corporate Directors' (NACD's) national magazine, Directorship - who named him to its annual list, the "Directorship 100". Ken has written extensively on governance-related topics, and lectures regularly on a variety of governance, compensation and related topics, including at the New York City Bar Association, the NACD, TIAA-CREF, the NYSE and the Conference Board. He has been named as a New York Super Lawyer in Corporate Governance since its inception.Over his career, Ken has regularly acted as corporate counsel to a number of significant companies in a wide variety of industries, with a special concentration within the apparel and fashion fields. Work includes the full range of business transactions, including mergers and acquisitions, licensing arrangements, financings, joint ventures and executive compensation. Ken organized and is chair of the program "Lawyering In The Fashion Industry: A Practical Guide to Licensing, Trademark Protection & Other Industry Issues," held annually at the New York City Bar Association. Ken also has extensive experience in the corporate side of bankruptcies, being the senior-most member of the Kramer Levin corporate team in the firm's representations of the creditors' committees in the Chrysler, GM and Capmark cases, and of St. Vincent Catholic Medical Center.
Ken is a graduate of Columbia Law School and Cornell, and received a general course certificate from The London School of Economics.