Ken Ziman

Ken Ziman is one of the deputy practice leaders of Skadden’s Corporate Restructuring Group. He regularly represents clients in out-of-court restructurings and in-court proceedings. Mr. Ziman focuses on representing troubled companies and advising lenders in connection with their loans to troubled companies through all stages of the restructuring process. He advises clients in connection with workouts, the formulation and development of out-of-court restructurings or Chapter 11 plans, and debtor-in-possession and exit financings. In addition, Mr. Ziman also represents investors in and acquirers of financially distressed companies in workouts and Chapter 11 cases and provides advice regarding the structuring of corporate transactions.

Mr. Ziman currently is representing LifeCare Holdings and its affiliates in their Chapter 11 cases. He represented Barclays Bank PLC in a $1.45 billion debtor-in-possession credit facility for Residential Capital, LLC, in connection with ResCap’s Chapter 11 bankruptcy filing. This transaction was recognized in the 2012 Financial Times “US Innovative Lawyers” report and also was awarded the 2012 “Deal Financing of the Year” by M&A Advisor. He also has acted as counsel to MF Global Holdings Ltd. in its Chapter 11 case. In addition, Mr. Ziman has represented Vertis Holdings Inc. and its subsidiaries in their prepackaged Chapter 11 cases; DISH Network Corporation in its acquisition of bankrupt satellite operator DBSD, North America, Inc.; Marsico Capital Management, LLC in both of their out-of-court exchange offers and restructurings; and Gramercy Capital Corporation in the pre-arranged out-of-court restructuring of its AFRT subsidiary.

Prior to joining Skadden, Mr. Ziman’s engagements included the representation of Motor Coach Industries International and its affiliates in their successful Chapter 11 cases and several other borrower clients in connection with out-of-court restructurings. He also was active on a number of distressed investment opportunities for private equity clients. In addition, he represented the senior secured lenders to Six Flags Inc., Lear Corporation, Delphi Corporation, Interstate Bakeries, Centennial Healthcare, GenTek, Superior Telecom and Audio Visual Services Corporation. He advised the pre-bankruptcy lenders and debtor-in-possession lenders in connection with the out-of-court restructurings or Chapter 11 cases of Mariner Post-Acute Network; Recoton Corporation; Trico Steel Company, LLC; The Grand Union Company; Axiohm Transaction Solutions, Inc.; Safelite Glass Corp.; Camelot Music, Inc.; A.P.S. Holding, Inc.; FPA Medical Management, Inc.; Favorite Brands International, Inc.; Long John Silver’s; and Mid-American Waste Systems, Inc.

Mr. Ziman was selected for inclusion in Chambers Global: The World’s Leading Lawyers for Business 2013. He repeatedly has been listed in Chambers USA: America’s Leading Lawyers for Business and The Best Lawyers in America. He also has been included in Lawdragon 500 Leading Lawyers in America, the Guide to the World’s Leading Insolvency and Restructuring Lawyers and the International Financial Law Review.

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