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    Home /  Lawyers /  Alexa J. Kranzley

    Alexa J. Kranzley

    Partner

    Alexa J. Kranzley Headshot Photo Portrait backdrop

    New York

    +1-212-558-4000

    |

    kranzleya@sullcrom.com

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    Alexa Kranzley is a partner in the Firm’s Finance and Restructuring Group. Ms. Kranzley represents companies and creditors in Chapter 11 proceedings and out-of-court corporate and financial restructurings and private equity and hedge funds in connection with distressed transactions and special situation investments. Ms. Kranzley also has experience handling adversary proceedings, contested matters and both debtor and creditor representations in bankruptcy proceedings. Ms. Kranzley’s practice is international, and she has worked in collaboration with the Firm’s other offices on substantive matters involving restructurings in other jurisdictions.

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    Spotlight

    S&C’s Latin America and Asia-Pacific Restructuring Practices Recognized by Turnarounds & Workouts

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    New York Law Journal Names S&C’s Restructuring Group ‘Dealmakers of the Year’

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    Five S&C Partners Named to Lawdragon’s ‘500 Leading Bankruptcy & Restructuring Lawyers’ List for 2023

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    Andy Dietderich and Alexa Kranzley Author Financier Worldwide Article on Helping Multinationals Avoid Financial Distress

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    Law360 Rising Stars: Eight Sullivan & Cromwell Lawyers Named Rising Stars

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    • Experience
    • Rankings and Recognitions
    • News
    • Publications, Videos and Podcasts
    • Credentials
    • Related Practices
    Experience

    Experience

    • FTX as debtors counsel in its pending Chapter 11 proceedings
    • Kidde-Fenwal, Inc. as debtors counsel in its pending Chapter 11 proceedings
    • Major League Baseball in connection with the Diamond Sports Group Chapter 11 proceedings
    • Garrett Motion Inc. and its subsidiaries in their Chapter 11 proceedings
    • California Resources Corporation in its emergence from Chapter 11
    • LSC Communications Inc. and its subsidiaries in their Chapter 11 proceedings

    • Deerfield Management as the largest holder of second lien notes in the Chapter 11 cases of Mallinckrodt
    • Funds managed by Rhone Capital LLC and Goldman Sachs PIA in the restructuring of Neovia Logistics Holdings Ltd.
    • Key Energy Services in its out-of-court restructuring through a debt to equity conversion
    • White Star Petroleum LLC in its Chapter 11 proceeding
    • Ascent Resources Marcellus in its successful Chapter 11 reorganization
    • Senior lenders of Danaos Shipping in connection with its debt restructuring
    • RBS in connection with the Waypoint Chapter 11 proceedings
    • FCA US LLC in connection with the Takata Chapter 11 proceedings
    • FCA in its acquisition of substantially all of the assets related to the Vinovo, Italy operations of Vari-Form; and in its Canadian subsidiary’s acquisition of substantially all of the assets related to the Strathroy, Ontario operations of Vari-Form Inc; as well as advising FCA and its affiliates on various potential restructuring strategies relating to the Vari-Form Group since July 2018
    • Bank lenders in the global reorganization of Abengoa in Chapter 11 and Spanish homologation proceedings
    • Eastman Kodak Company in its successful Chapter 11 reorganization
    • Official committee of creditors of Energy Future Holdings in its pending Chapter 11 case
    • Primorsk International Shipping in its Chapter 11 case
    • Ziff Davis in connection with its proposed 363 stalking horse bid for Gawker
    • Wells Fargo and other financial institutions in the preparation of their resolution plans, filed under the Dodd-Frank Act
    • Cheniere Energy, Inc. and its subsidiaries in connection with Sherwin Alumina’s pending Chapter 11 case
    • Capital Products Partners LP in connection with a restructuring of three charters with Overseas Shipping Group, and monetization of its rejection damages claim
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    Rankings and Recognitions

    Rankings and Recognitions

    Ms. Kranzley has been recognized by Chambers USA for her work in bankruptcy and restructuring and by The Best Lawyers in America for her work in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. She was also recognized as a 2022 “Rising Star” in Bankruptcy by Law360 and named a 2021 “Outstanding Young Restructuring Lawyer” by Turnarounds & Workouts. She was named to the 2018 Class of the American Bankruptcy Institute’s 40 Under 40 Program, and nominated and inducted in 2017 into the International Insolvency Institute’s NextGen Leadership Program. Both Programs recognize “Rising Stars” in the insolvency area. She is recognized by IFLR1000 as a “Rising Star.”

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    News

    News

    • S&C Wins Ruling for MLB on Telecast Fees in Diamond Sports Bankruptcy

      June 7, 2023
    • S&C Leads Centerra Gold to Successful Resolution of Dispute with Kyrgyz Republic

      August 12, 2022
    • S&C Leads Garrett Motion Through Successful Chapter 11 Restructuring

      May 12, 2021
    • S&C Advises Garrett Motion on Announced Reorganization Plan

      January 22, 2021
    • California Resources Corporation Emerges from Chapter 11 Restructuring

      November 3, 2020
    • S&C Guides White Star Petroleum through Bankruptcy Proceeding

      November 27, 2019
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    Publications, Videos and Podcasts

    Publications, Videos and Podcasts

    • Andy Dietderich and Alexa Kranzley Author Financier Worldwide Article on Helping Multinationals Avoid Financial Distress

      Articles November 9, 2022
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    Credentials

    Credentials

    Education

    • Brooklyn Law School, J.D., 2008
    • Cornell University, B.S., 2005

    Bar Admissions

    • New York
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    Related Practices

    Related Practices

    • General Practice
    • Bankruptcy Litigation
    • Credit & Leveraged Finance
    • Litigation
    • Restructuring
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