Lawyers

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.

Ms. Kranzley was 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.”

SELECTED REPRESENTATIONS

• FTX as debtors counsel in its pending 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.
• Major League Baseball in connection with the financial distress faced by Diamond Sports and its affiliates
• 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