Two Prominent Partners Join Foley's Business Reorganizations Practice

13 February 2008 Media Contact: Dan Farrell News

Harold Kaplan, Mark Hebbeln Bring Experience in Corporate Restructuring, Health Care Insolvency and Representation of Indenture Trustees.

Foley announced today that Harold L. Kaplan and Mark F. Hebbeln are joining the firm’s Chicago office as partners in the Business Reorganizations Practice. Kaplan and Hebbeln focus their practice on corporate restructuring and insolvency and have extensive experience in the representation of indenture trustees and bondholders.

“The addition of Harold and Mark is the latest step in our strategic plan to expand our national Business Reorganizations Practice and grow our Chicago office,” said Chicago Office Managing Partner Mark L. Prager. “Harold and Mark are nationally known for their representation of indenture trustees, among other aspects of corporate restructuring and insolvency, and we are excited that they will be leading the firm’s efforts in this area.”

Kaplan and Hebbeln join the firm from Drinker Biddle & Reath LLP. Kaplan will help lead efforts to expand Foley’s Business Reorganizations Practice, both in Chicago and nationally, and will lead its Corporate Trust and Bondholders Rights practice. He recently served as co-chair of Drinker Biddle’s Corporate Restructuring practice group and head of its Corporate Trust and Bondholder Rights practice group. He previously served as chairman of Gardner Carton & Douglas LLP, playing an instrumental role in the firm’s merger with Drinker Biddle & Reath
in 2007.

“I am excited to join Foley, a dynamic firm with a strong national presence, and to join some of my longest-standing, most respected friends in the corporate restructuring world,” said Kaplan. “Foley provides a great platform for Mark and me to add our experience in corporate trust and bondholder rights as well as health care insolvency to the firm’s already strong business reorganizations practice.”

In addition to his nationally recognized indenture trustee and health care insolvency practices, Kaplan has represented financial institutions, debtors, trustees under the Bankruptcy Code and the Securities Investors Protection Act, foreign liquidators in ancillary proceedings, creditors committees and other creditor groups. Kaplan also has significant experience in claims trading and regulated industry matters.

Turnarounds & Workouts recognized Kaplan as one of 12 outstanding bankruptcy lawyers in the country. Kaplan is also co-chair of the Annual Renaissance American Management, Inc. & Beard Group’s Corporate Reorganization conference. He chairs the American Bar Association’s Health and Not For Profit Working Group and is vice chair of the American Bar Association Committee on Trust Indentures and Indenture Trustees.

Hebbeln will also serve as a member of the firm’s Corporate Trust and Bondholders Rights practice. He has represented indenture trustees and bondholder interests in national bankruptcy cases and in health care reorganizations, insolvencies and other proceedings. He also has extensive experience in representing securitization trustees in insolvency and bankruptcy proceedings, official creditors’ committees in chapter 11 proceedings and other creditor constituencies. He currently serves as co-chair of the American Bar Association’s Trust Indenture Act Annotation Project. Turnarounds & Workouts recognized Hebbeln as one of 12 outstanding young restructuring lawyers in the nation.

Foley’s attorneys have extensive experience in all aspects of bankruptcy law and practice and continue to garner recognition for their services. Most recently, Foley was ranked by Bankruptcy Law360 as one of the nation’s top 10 firms in the area of bankruptcy based upon new and recent engagements.

Foley & Lardner LLP continually evolves to meet the changing legal needs of our clients. Our team-based approach, proprietary client service technology, and practice depth enhance client relationships while seeing clients through their most complex legal challenges. The BTI Consulting Group (Wellesley, Massachusetts) recently recognized Foley as one of the top four law firms shaping the U.S. legal market, while CIO magazine has named Foley to its CIO 100 list six times for our client-focused technology. With more than 1,000 attorneys in 22 offices and more than 50 practices, count on Foley for high-caliber business and legal insight.