Kramer Levin client Deloitte LLP announced today, May 8, that it had closed the acquisition of substantially all of the assets of BearingPoint’s North American Public Services practice out of bankruptcy for total consideration of $350 million in cash, subject to adjustment, and the assumption of certain BearingPoint liabilities.

The Kramer Levin Deloitte team was led by partners Thomas E. Molner, Michael J. Mayerfeld, Kenneth H. Eckstein, Robert T. Schmidt, Kenneth Chin, Jeffrey S. Trachtman, Randy Lipsitz, Jay Godman, Barry Herzog, Robert N. Holtzman, 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 V. Campana, Elise S. Frejka, Gabrielle A. Paupeck, 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.