The Fundamentals of Bankruptcy and Corporate Reorganization

Price: $95.00 376 pages. 1 Hardcover Volume. Index. Published September 1998.
ISBN-13: 978-1-57823-054-9 / ISBN-10: 1-57823-054-3

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Table of Contents

About the Book:
Practicing Attorneys, Institutional and Corporate Counsel, Chief Financial Officers, Business Executives, and a host of others will immeasurably add to their comprehension of bankruptcy law in general, and Chapter 11 in particular, by reading and keeping readily available this handy, concise, eminently practical reference book. Drawing on the authors extensive experience and expertise in bankruptcy and corporate reorganization, The Fundamentals of Bankruptcy and Corporate Reorganization provides the legal fundamentals that underlie our bankruptcy system and focuses on corporate reorganization by offering the reader a practical guide through the complex labyrinth of Chapter 11. Messrs. Crames and Edelman, who have spent their entire careers immersed in the field and have represented clients with problems covering the spectrum of bankruptcy issues, provide the kind of practice points, observations and insights that make this work uniquely valuable. They have been on the cutting edge as bankruptcy law has evolved and reorganization cases have become more complex and sophisticated.

Praise For The Fundamentals of Bankruptcy and Corporate Reorganization

"This compact handbook merits placement on the desk top of anyone with an interest in
bankruptcy law. It functions as a multi-level reference tool for bankruptcy law specialists and
for those whose clients are in need of insolvency advice that can be dispensed quickly and with
clarity. The authors provide well researched, insightful, authoritative responses covering a
plethora of bankruptcy and corporate reorganization issues."
— Hon. Burton J. Lifland, Chief Judge of the United States Bankruptcy Appellate Panel Service
for the Second Circuit

"The Fundamentals of Bankruptcy and Corporate Reorganization is a useful and original book on
bankruptcy law. It presents the fundamentals of bankruptcy law in a manner that separates it
from the more traditional and recognizable texts on the subject. The authors developed their own
perspective on this difficult and complex subject and have given us a text that, when all else fails,
is likely to present us with a pathway through the morass of impenetrable writings to answers
to our questions."
— Carl Felsenfeld, Professor of Law and Director of Graduate Studies, Fordham University School
of Law, Former Vice President & Senior Attorney for Consumer and Commercial Financial Activities,
Citicorp. Professor Felsenfeld was a charter member of the Federal Reserve Consumer Advisory
Council and United States representative to the United Nations Commission on International Trade
Law (EFT Model Law and International Insolvency Model Law).

About the Authors:
Michael J. Crames, Senior Partner and Chairman of the Executive Committee, and Herbert S. Edelman, Senior Partner and Chairman of the Bankruptcy Department, are both with the firm of Kaye Scholer Fierman Hays and Handler LLP, New York, where they specialize in bankruptcy law and proceedings, corporate reorganization, creditors’ and debtors’ rights and insolvency law. The authors have served as lead counsel in many of the most prominent, complex and highly publicized bankruptcy and corporate reorganization cases of recent years, including:

• Braniff Airways
• Dow Corning Corp.
• The Deak-Perera Companies
• Caldor, Inc.
• LTV Corporation
• Johns-Manville Corporation
• Food Fair, Inc.
• United Merchants and Manufacturers
• White Motor Corp.
• McLouth Steel
• Phoenix Steel
• US Home Corporation
• Farley Inc.
• Allis Chalmers Corp.
• Leaseway, Inc.
• Hills Department Stores.

They also represented Pennzoil in its epic battle with Texaco. Both regularly counsel and advise boards of directors and management regarding their financial difficulties. Messrs. Crames and Edelman have written numerous articles and frequently lecture before associations (including organizations as the American Bankruptcy Institute and the Council of Institutional Investors) and conferences on bankruptcy and corporate reorganization. Mr. Crames has served as Chairman of the Committee on Bankruptcy and Corporate Reorganization of the Association of the Bar of the City of New York and the Bankruptcy Committee of the New York County Lawyers Association. He is a member of the American College of Bankruptcy and the National Bankruptcy Council. Mr. Edelman is a Faculty Member of the American Bar Association Committee on Advanced Bankruptcy, Past Chairman of the Bankruptcy Committee of the New York County Lawyers Association and a Member of the American Bankruptcy Institute.