Matthew Feldman Returns to Willkie after Serving as Chief Legal Advisor to Treasury`s Automobile Advisory Team

NEW YORK--(Business Wire)--
Willkie Farr & Gallagher LLP today announced that Matthew A. Feldman has
rejoined the firm after serving as the Chief Legal Advisor to the Obama
administration`s Presidential Task Force on the Auto Industry. Mr. Feldman was
recruited to join the Auto Team at the United States Treasury to help develop
the overall strategy to restructure and recapitalize General Motors Corporation
and Chrysler LLC, a strategy which resulted in the ground breaking legal
proceedings which implemented a comprehensive financial solution for both
companies. The Auto Team conducted complex negotiations with all major
constituents of both companies, including Fiat SpA (which now runs Chrysler),
the United Auto Workers and major creditors of both auto makers under a
compressed timeline set by President Obama.

The cabinet-level Treasury Department task force was assembled last winter to
advise Treasury Secretary Timothy F. Geithner and National Economic Council
Director Lawrence H. Summers on reorganization efforts by the automobile
manufacturers and their suppliers. In recognition of his efforts and sacrifices,
Mr. Feldman received the "Secretary`s Honor Award," presented to him by
Secretary Geithner for his "distinguished service to the American people as the
Chief Legal Advisor to the Department of Treasury Auto Team."

Willkie Chairman Jack H. Nusbaum said, "Matt was called upon to play a vital
role in helping to restructure the U.S. auto industry, a critical component of
our country`s manufacturing base. We are proud of his extraordinary
accomplishments in Washington and are delighted to welcome him back to the
firm."

Mr. Feldman, one of the nation`s top bankruptcy attorneys, has rejoined Willkie
as a partner and Co-Chair, with partner Marc Abrams, of the firm`s Business
Reorganization and Restructuring Department in the New York office. He will also
resume his membership on the firm`s Executive Committee. Mr. Feldman`s extensive
experience includes representing all parties in bankruptcy proceedings including
debtors, creditors, lenders and acquirors of assets.

Willkie Farr & Gallagher LLP is an international law firm of approximately 700
attorneys with offices in New York, Washington, Paris, London, Milan, Rome,
Frankfurt and Brussels. The firm is headquartered in New York City at 787
Seventh Avenue. Tel: 212.728.8000.

Willkie Farr & Gallagher LLP
Antoinette C. McGovern, 212-728-8404
amcgovern@willkie.com

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