January 14, 2015

Jenner & Block’s Bankruptcy, Workout and Corporate Reorganization Practice has been named among Law360’s Bankruptcy Practice Groups of the Year.  Noting that the practice has a “four-decade history” and has had a “prominent role in several of the largest recent cases” such as the Lehman Brothers bankruptcy and the General Motors Section 363 sale in connection with its Chapter 11 reorganization, Law360 focused on the group’s 2014 successes that included protecting benefits for nearly 50,000 American Airlines Corp. retirees, winning $272 million in damages for Emerald Casino’s estate and convincing the U.S. Supreme Court to hear a landmark dispute.  In Law360’s profile of the practice, Chairman Daniel R. Murray describes the group as being on the vanguard of the practice area.  “What's exciting about the bankruptcy practice is that you find yourself on the cutting edge of the law in a variety of areas,” Dan says.  The profile describes the practice’s leading role in Wellness International et al. v. Sharif, which was recently argued before the U.S. Supreme Court.  Partner Catherine L. Steege, who argued the case for Wellness International, is quoted observing that “the decision in this case could significantly impact the scope of what bankruptcy judges can do, and could resolve a lot of the debate over this issue.”