Cadwalader Restructuring Team Honored with Two Turnaround Atlas Awards

NEW YORK--(Business Wire)--
Cadwalader, Wickersham & Taft LLP, one of the world`s leading law firms, was
honored in two categories at the Turnaround Atlas Awards gala, held on June 22
at Hotel Allegro in Chicago.

John J. Rapisardi, the Co-Chairman of Cadwalader`s Financial Restructuring
Department, was the recipient of the Restructuring Legal Advisor of the Year
award, and the firm`s representation of JPMorgan Chase Bank in the Centro
Properties Group restructuring was tapped for Out-of Court Restructuringof the
Year.

The firm was also shortlisted for the Turnaround Atlas Award and Restructuring
Law Firm of the Year, and Deryck A. Palmer, the Co-Chairman of Cadwalader`s
Financial Restructuring Department, was a finalist for Restructuring Legal
Advisor of the Year.

The Turnaround Atlas Awards honor achievements in completed deals, firms, and
professionals in the restructuring arena.

"We are proud that our Financial Restructuring Department, a team of more than
60 lawyers that is working on some of the largest, most complex, and high
profile restructuring matters in the country, was recognized by the industry
professionals who determine the winners of the Turnaround Atlas Awards," said
Christopher White, Cadwalader`s Chairman.

Mr. Rapisardi was honored for his innovation and ability to find ways to resolve
situations consensually. He has more than 25 years of domestic and international
restructuring experience across a variety of industries, including
telecommunications, satellite, retail, healthcare, casinos, sports franchises,
real estate, and manufacturing companies. He currently serves as outside counsel
to the U.S. Department of Treasury and the Presidential Task Force on the Auto
Industry. Mr. Rapisardi was named as a highly recommended international
restructuring counsel in PLC Cross-border Restructuring and Insolvency Handbook,
recognized as one of the leading restructuring lawyers in the U.S. by Chambers
USA, and included in Best Lawyers in America. A Beta Gamma Sigma graduate from
the College of Business Administration at Fordham University, he received his
LL.M. from New York University and J.D. from Pace University, where he served on
the Pace Law Review.

In the Centro matter, the firm, led by partner George Davis, served as counsel
to JPMorgan Chase, a lender and agent for a syndicate of U.S. banks under a
bridge loan to a U.S. affiliate of Centro, one of the largest owners and
managers of shopping centers in Australia and the United States. The
restructuring of all of the major credit facilities closed in January 2009.

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 world's 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,
financial restructuring and reorganizations, healthcare, intellectual property,
litigation, mergers and acquisitions, private client, private equity, real
estate, regulation, securitization, structured finance, and tax. More
information about Cadwalader can be found at www.cadwalader.com.

Cadwalader, Wickersham & Taft LLP
Claudia Freeman, 212-504-6470
claudia.freeman@cwt.com

Copyright Business Wire 2009