FOR IMMEDIATE RELEASE

For more information, contact:
Jason Milch
milchj@jaffeassociates.com
312-846-9647

CHICAGO – Levenfeld Pearlstein LLC is pleased to announce that Jonathan Friedland has joined the firm as head of the Restructuring & Insolvency Service Group. Friedland previously was a partner with Kirkland & Ellis LLP, and most recently held the same title at Schiff Hardin LLP.

Friedland’s larger chapter 11 debtor representations have included Musicland Corporation, HomeLife Corporation, Polymer Group, and Cable & Wireless, Inc. More recently, he has focused his attention on committee work, having acted as lead counsel for five committees in the past year. In addition, Friedland currently represents a large real estate developer in the out-of-court workout of approximately $200 million of debt.

“Jonathan is nationally recognized for his work in guiding companies through a range of challenging out-of-court workouts and chapter 11 proceedings,” said Bryan I. Schwartz, chairman of Levenfeld Pearlstein. “Much more than a skilled technician, Jonathan brings a rare combination of creativity, doggedness, and communication style that meshes particularly well with our comprehensive, holistic approach that examines all aspects a client’s situation to determine the best course of action.”

Friedland is currently co-authoring two books that will be published by Thomson West within the next year. He is a member of the board of the American Bankruptcy Institute (ABI) and in 2007, was honored by the ABI for publication, “Chapter 11 – '101': The Nuts and Bolts of Chapter 11 Practice.” Mr. Friedland is also an adjunct professor of strategic management at the University of Chicago Graduate School of Business, where he co-teaches a class with James H.M. Sprayregen called “Failure: Grave to Cradle Restructuring.”

Friedland earned his B.S. magna cum laude from the University at Albany, State University of New York, and his J.D. from the University of Pennsylvania Law School.

Levenfeld Pearlstein's Restructuring & Insolvency Service Group shepherds its clients through difficult situations by combining sophisticated business advisory skills with creative and practical legal counsel. The group has significant experience representing companies and various constituents, including debtors, committees, trustees, creditors, asset purchasers, third party plan proponents, and post-confirmation trusts. The group's experience includes advising boards with respect to their fiduciary duties, representing private equity and hedge funds in distressed M&A transactions, and representing parties in virtually all facets of out-of-court workouts and bankruptcy proceedings. It also maintains a broad range of relationships with both traditional and non-traditional financing sources for multi-level debt structuring and real estate financing. Ultimately, in consultation with its clients, Levenfeld Pearlstein aggressively pursues a favorable result.

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About Levenfeld Pearlstein, LLC: Founded in 1999, Levenfeld Pearlstein, LLC (www.lplegal.com) provides unusually good legal counsel and business advice to sophisticated clients in matters involving corporate and securities law, real estate, and litigation. With more than 75 attorneys and offices in Chicago and Northbrook, Ill., the firm possesses the resources and depth to manage the most complex matters, while ensuring that the needs of all clients are met in the most efficient and cost-effective manner possible.