Jeffrey A. Kramer, Of Counsel to the Sills Cummis & Gross Creditors’ Rights/Bankruptcy Reorganization Practice Group, has extensive experience advising corporate clients on bankruptcy/restructuring and litigation matters. His practice focuses on representing creditors, debtors, committees, and other parties in interest in proceedings under Chapter 11 of the United States Bankruptcy Code. Mr. Kramer counsels on all aspects of bankruptcy, from negotiating asset dispositions, lending liens, employee programs, and compliance issues to litigating all phases of distressed debt proceedings. He drafts and negotiates reorganization/liquidation plans, debtor-in-possession financing orders, nondisclosure and asset purchase agreements, and transaction terms with secured and unsecured creditors.
Mr. Kramer also represents corporations in a variety of industries in complex litigation matters. Clients rely on his analysis of business operations and financial performance to mitigate and manage risk and to determine the existence of potential litigation claims and defenses. He also has experience in adversary litigation, including clawback and fraudulent transfer litigation.
Prior to joining Sills Cummis, Mr. Kramer practiced at Lowenstein Sandler and Seidman & Pincus, where he focused on bankruptcy and restructuring work and litigation matters.
Mr. Kramer’s experience includes:
- Representation of creditors’ committees in Chapter 11 cases such as G-I Holdings (Bankr. D.N.J.) (successor to GAF Corporation); Burns and Roe Enterprises, Inc. (Bankr. D.N.J.); Blitz U.S.A., Inc. (Bankr. D. Del.); Southeastern Metals Products, LLC (Bankr. D. Del.); Schletter, Inc. (Bankr. W.D.N.C.); Lason Inc. (Bankr. D. Del.); GNC Holdings, Inc. (Bankr. D. Del.); ProtoStar Ltd. (Bankr. D. Del.); NPC Acquisition, Inc. (Bankr. D.N.J.); and Morgan Industries Corp. (Bankr. D.N.J.).
- Representation of debtors in Chapter 11 cases such as Aceto Corporation and Rising Pharmaceuticals (Bankr. D.N.J.); Duro Dyne National Corp. (Bankr. D.N.J.); Mountain Creek Resort, Inc. (Bankr. D.N.J.); MediCor Ltd. (Bankr. D. Del.); Ocean Place Development LLC (Bankr. D.N..J.); Last Mile, Inc. (Bankr. S.D.N.Y.); and MicroBilt Corp (Bankr. D.N..J.).
- Representation of liquidating trustees or plan administrators in Chapter 11 cases such as Aceto Corporation and Rising Pharmaceuticals (Bankr. D.N.J.); Pegasus Satellite Television, Inc. (Bankr. D. Me.) and Southeastern Metals Products, LLC (Bankr. D. Del.).
- Numerous other representations including: significant creditors in Coda Holdings Inc. (Bankr. D. Del.); WorldCom, Inc. (Bankr. S.D.N.Y.); Sam Kane Beef Processors, LLC (Bankr. S.D. Tx.) NEC Holdings Corp. (Bankr. D. Del.); and MF Global Holdings Ltd. (Bankr. S.D.N.Y.); various trade creditors in Neiman Marcus Group Ltd. LLC (Bankr. S.D. Tx.); various creditors in Lehman Brothers Holdings, Inc. (Bankr. S.D.N.Y.); claimants in The Diocese of Camden, New Jersey (Bankr. D.N.J.); and preference defendants in In re Dreier, LLP (Bankr. S.D.N.Y.).
Published Opinions:
- In re Mountain Creek Resort, Inc., 616 B.R. 45 (Bankr. D.N.J. 2020)
- In re Aphton Corp., 423 B.R. 76 (Bankr. D. Del. 2010)
- In re G-I Holdings, Inc. f/k/a GAF Corporation, 327 B.R. 730, 45 (Bankr. D.N.J. 2005)
- In re G-I Holdings, Inc. f/k/a GAF Corporation, 313 B.R. 612 (Bankr. D.N.J. 2004)