On March 23, Deloitte LLP announced a proposed purchase of substantially all of the assets of the public services division of BearingPoint, Inc. out of bankruptcy for $350 million in cash and the assumption of certain liabilities, subject to adjustment.

The Kramer Levin Deloitte team was led by partners Thomas E. Molner, Michael J. Mayerfeld, Kenneth H. Eckstein, Robert T. Schmidt, Kenneth Chin, Jay Godman, Barry Herzog , Christine Lutgens and Robert M. Heller. The other members of the team were Randal D. Murdock, Kevin M. Moss, Jeffrey Taylor, Seth Merl, Mark Chass, Kristen Campana, Tzvi Rokeach, Avram Cahn, Lauren M. Macksoud, Mary B. Flaherty, Adam Busch, Julia B. Errea, Carly Vella, Alex S. Kaufman, Michael L. Kreiner and Antonia S. Lee.