Proskauer Adds Leading Bankruptcy Group

May 11, 2012 (New York) – Proskauer announced today that Martin J. Bienenstock, one of the nation’s most renowned corporate restructuring and governance lawyers, will join the firm together with his nationally regarded colleagues Philip M. Abelson, Irena M. Goldstein, Timothy Q. Karcher, Michael P. Kessler and Judy G.Z. Liu.

Mr. Bienenstock and Proskauer’s other new partners have brought their expertise in business solutions, governance, restructuring and bankruptcy to many of the most challenging and important cases in the area, including Enron, General Motors, Owens Corning, U.S. Gypsum, G-I Holdings, Texaco, Capmark, New Page and M.F. Global Holdings. Mr. Bienenstock also serves on the faculty at both the University of Michigan Law School and Harvard Law School and is a widely respected author and lecturer on business solutions and governance issues.

Proskauer Chairman Joseph M. Leccese said: “We have admired and respected Martin and our other new partners for many years. They are nationally known for innovative and extraordinary legal work and dedicated client service. Our partners felt an immediate personal and professional connection with each member of the group. We are thrilled to have them join our other premier practices at a time of dynamic domestic and international growth for our firm.”

Mr. Bienenstock said: “We are very excited to join a firm with the reputation for excellence that Proskauer enjoys. We look forward to joining with Jeff Marwil, Mark Thomas and our other new colleagues to form one of the nation’s elite groups in business solutions, governance, restructuring and bankruptcy. We aim to continue developing our multidisciplinary approach to take restructuring and governance to the next level.”

About Proskauer

Founded in 1875, Proskauer is a global law firm widely recognized for its leadership in a variety of legal services provided to clients worldwide from offices in Beijing, Boca Raton, Boston, Chicago, Hong Kong, London, Los Angeles, New Orleans, New York, Newark, Paris, São Paulo and Washington, DC.  Additional information about the firm, which has extensive experience in all areas of practice important to businesses, not-for-profit institutions and individuals, can be found at www.proskauer.com.