Cadwalader Strengthens Financial Restructuring Practice.

NEW YORK -- Cadwalader, Wickersham & Taft LLP, one of the world's leading international law firms, has promoted Jason Cohen and Matthew Weber to Special Counsel and has hired Kathryn Turner as Special Counsel, all in the firm's Financial Restructuring Department in New York.

"These outstanding individuals have the experience and knowledge needed to assist our clients with their complex workout, restructuring and bankruptcy needs," stated Bruce R. Zirinsky, Chairman of Cadwalader's Financial Restructuring Department. Each adds great value to the scope of our representation. We very much look forward to their future contributions to the firm."

Jason Cohen focuses his practice on representing debtors, individual creditors, and official and unofficial creditors' committees in all aspects of Chapter 11 bankruptcy cases and out-of-court financial restructurings. He currently represents Pfizer Inc. in connection with the chapter 11 case of Quigley Company, Inc., and Pharmacia Corporation in connection with the chapter 11 case of Solutia Inc. He has recently represented the bondholder or creditors committees of Arch Wireless Communications, Florida Coast Paper Holding Co., Grove Worldwide., Pathmark Stores, Inc., RSL Communications, Ltd., TransTexas Gas Corp., and Winstar Communications. He also represented Burger King Corporation in connection with the restructuring of a number of its franchisees; certain Glencore International AG subsidiaries in connection with their restructuring of an Australian mine; and Geneva Steel Company in its bankruptcy. Mr. Cohen received his Bachelor of Arts from the University of Connecticut in 1993, and his Juris Doctor from Brooklyn Law School in 1997. He is admitted to practice before the Third Circuit Court of Appeals, the United States District Court for the Southern District of New York and in the State of New York. Mr. Cohen is a Contributing Editor to the American Bankruptcy Institute Journal.

Kathryn Turner joins Cadwalader from Weil, Gotshal & Manges, LLP. Her practice covers all aspects of domestic and international debt restructurings as well as crisis management, corporate governance and the sale and acquisition of troubled companies. Ms. Turner has extensive experience representing large public and non-public companies, secured and unsecured creditors, bondholders and sophisticated financial institutions and funds in out-of-court restructurings, prepackaged and prearranged bankruptcies, contested workouts, distressed M&A transactions and traditional chapter 11 cases. Ms. Turner has extensive litigation experience and has developed special expertise in advising companies, boards and financial creditors in connection with complex mass tort bankruptcies. Ms. Turner received her B.A. from Queens University and her LL.B. from the University of Toronto Law School. Following law school she served as a law clerk for the late Honorable Joseph F. McDonald of the Canadian Federal Court of Appeals. Ms. Turner is admitted to practice before the United States District Courts for the Southern and Eastern Districts of New York.

Matthew Weber concentrates his practice in the areas of bankruptcy and financial restructurings, including Chapter 11 reorganizations and liquidations, out of court restructurings, and insolvency proceedings. He also has experience in asset-based financing transactions, both in traditional and bankruptcy-related transactions. Mr. Weber has represented creditors and official and unofficial creditors' committees, and lenders and purchasers of assets and securities in transactions involving companies such as American Media, Legerity, American Restaurant Group, Motor Coach Industries, Milacron, Protection One, Viasystems, Railworks, Advanced Glassfiber Yarns, Pacific Gas & Electric, Dictaphone Corporation, Florida Coast Paper, Golden Ocean Group, CHS Electronics, Planet Hollywood International, Southern Pacific Funding, Hechinger, Cityscape, Alliance Entertainment, and Adirondack Recycling. Mr. Weber received his undergraduate degree from the University of California at Los Angeles, his law degree from the University of San Francisco School of Law, where he was a member of the University of San Francisco Law Review, and an LL.M. degree from New York University. Prior to joining Cadwalader, he was a law clerk for the United States Bankruptcy Court for the District of Arizona. Mr. Weber is admitted to practice in New York and California, as well as before the United States District Courts for the Southern and Eastern Districts of New York and the Central District of California.

About Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP, established in 1792, is one of the world's leading international law firms, with offices in New York, London, Charlotte, Washington and Beijing. Cadwalader serves a diverse client base, including many of the worlds top financial institutions, undertaking business in more than 50 countries in six continents. The firm offers legal expertise in antitrust, banking, business fraud, corporate finance, corporate governance, environmental, healthcare, insolvency, insurance and reinsurance, litigation, mergers and acquisitions, private client, private equity, real estate, securities and financial institutions regulation, securitization, structured finance, and tax. More information about Cadwalader can be found at www.cadwalader.com.