FacultyFaculty/Author Profile
Lewis Kruger

Lewis Kruger

Stroock & Stroock & Lavan LLP
Of Counsel
New York, NY, USA


Lewis Kruger is internationally recognized for his knowledge of insolvency law. Mr. Kruger, with over 40 years of experience, has played a major role in many of the significant reorganization proceedings in the United States.

Recognized by his peers for his experience, Mr. Kruger serves as the International Bar Association’s liaison to the United Nations Committee on International Trade Law, and has been selected as a Fellow of the American College of Bankruptcy.

He has been a frequent lecturer on bankruptcy law for the Practising Law Institute and for Bar Associations in the United States and abroad. In addition, Mr. Kruger has  taught insolvency courses at Columbia Law School, New York University School of Law, St. John’s School of Law and has lectured at Harvard Law School and Kings College, Oxford.

Mr. Kruger pursues a wide array of interests beyond insolvency including his current position as Chairman of the Board of the Museum of Art & Design in the City of New York. His past public service includes Special Counsel to the United States Senate Committee on the Judiciary with respect to corporate reorganization and as Special Counsel to the Governor of New York and the New York State Urban Development Corporation.

Representative Matters

Mr. Kruger has extensive experience representing both debtors and creditors in insolvency matters. He was the co-founder and co-manager of a fund focused on acquiring/operating businesses with a view towards running and selling businesses, winding down, collecting receivables and selling assets.

Mr. Kruger served as Chief Restructuring Officer of ResCap.

Mr. Kruger’s debtor representations include Columbia Gas Systems, Seatrain Lines, Anchor Glass Container Corporation, Pegasus Shipping Hellas, Cabot Cabot &  Forbes, Tosco, Tiphook Finance Corporation, Daniel M Galbreath, Neisner Brothers, Planet Hollywood, The Icing, The McCall Pattern Company and Victor Technologies.

Mr. Kruger’s representation of creditors’ committees, ad hoc committee groups and creditors include:

  • MF Global (Ad Hoc Committee)
  • YRC Worldwide (Agent Bank)
  • Centro Property Group (International Bank Group) 
  • Owens Corning (Official Creditors’ Committee)
  • WR Grace & Co. (Official Creditors’ Committee)
  • Wheeling Pittsburg Steel (Official Creditors’ Committee)
  • U.S. Gypsum Corporation (Official Creditors’ Committee)
  • Leslie Fay (Official Creditors’ Committee)
  • Hillsborough Holdings
  • Zale Corporation (Official Creditors’ Committee)
  • Southmark Corporation (Official Creditors’ Committee)
  • NuCorp Energy (Official Creditors’ Committee)
  • Penn-Dixie Steel (Official Creditors’ Committee)
  • Phoenix Steel (Official Creditors’ Committee)
  • Western Union (Ad Hoc Committee)
  • Forstmann (Ad Hoc Committee)
  • Edgecomb (Ad Hoc Committee)
  • Charter Medical (Ad Hoc Committee)
  • Harvest Foods (Ad Hoc Committee)
  • Phar-Mor (Ad Hoc Committee)
  • Pinnacle Brands (Ad Hoc Committee)
  • Armstrong World Industries
  • He has represented the acquirers of Burlington Industries, Cone Mills and LTV Steel, among others.

Representative Clients

  • In addition, Mr. Kruger has also served as lead counsel representing JP Morgan Chase, Bank of America, Barclays, Deutsche Bank, Royal Bank of Scotland, BNP Paribas, HVB, ABN Amro, National Westminster Bank and other financial institutions.

Honors and Awards

Mr. Kruger’s accomplishments have been recognized by a number of publications including The International Who’s Who of Insolvency and Restructuring Lawyers, The International Who’s Who of Business Lawyers and Best Lawyers in America. In addition, Mr. Kruger has been selected for membership in the American College of Bankruptcy.

Memberships

  • Chairman of the Board, Museum of Arts & Design, 2010–present
  • Secretary and Board Member, Museum of Arts & Design, 1990–2009
  • Member, International Bar Association, 1988–present
    • Liaison to the United Nations Commission on International Trade Law
  • Special Counsel, U.S. Senate on the Judiciary, Subcommittee on Anti-Trust and Monopoly, Corporate Reorganization, 1976
  • Member, Association of the Bar of the City of New York
    • Member, Committee on Foreign and Comparative Law, 2013
    • Member, Committee on Banking, 1974–1975, 1980–1981
    • Member, Committee on Bankruptcy Law, 1975–1978
  • First Vice Chairman, Manhattan Community Planning Board #7, 1972–1974  
  • Vice Chairman, Manhattan Community Planning Board #8, 1968–1970
  • President, Citizens for Clean Air, Inc., 1967–1970
    • Chairman, 1970–1977

Selected Activities

  • Special Counsel, Governor of New York, 1974–1976
  • Special Counsel, New York State Urban Development Corporation, 1974–1976
  • Associate Counsel to Minority Leader, New York State Senate, 1966
  • Assistant Counsel to President pro tempore and Majority Leader of New York State Senate, 1965
  • Judge Advocate, U.S. Army Reserve, 1959–1965

Publications

Mr. Kruger’s publications include:

  • Current Developments in Bankruptcy, Reorganization & Arrangement Proceedings, 1972–Present
  • Bankruptcy: Practice and Procedure in 1972 and annually thereafter
  • Creditor Representation in Bankruptcy and Insolvency Proceedings
  • Business Reorganization and Rehabilitation: The New Chapter 11
  • Bankruptcy Reform Act of 1978 and many other monographs for newspapers and journals.

Admitted to Practice

New York, 1959; U.S. District Court, Southern District of New York, 1972; U.S. Court of Appeals, Second Circuit, 1974

Practice Group

Financial Restructuring

Private Equity/Venture Capital

Education

LL.B., Columbia Law School, 1959

A.B., Harvard University, 1956

Lewis Kruger is associated with the following items:
Web Segment  Web Segment Practice Points: Commencing a Corporate Bankruptcy Case - Nuts and Bolts of Corporate Bankruptcy 2016, Wednesday, December 21, 2016
Ethics in Diverse Bankruptcy Practice Areas - Bankruptcy & Reorganizations 2017: Current Developments, Monday, May 01, 2017
Treatment of Claims: Allowance and Priority - Bankruptcy & Reorganizations 2017: Current Developments, Monday, May 01, 2017
Potpourri of Current Market Developments in Chapter 7 and 11 Business Cases – Energy Future Holdings, Momentive, Radio Shack, Caesars, EDMC, ResCap, Lehmann, Madoff, et al. and Mediation - Bankruptcy & Reorganizations 2017: Current Developments, Monday, May 01, 2017
MP3 Audio  MP3 Audio Practice Points: Commencing a Corporate Bankruptcy Case - Practice Points: Commencing a Corporate Bankruptcy Case , Wednesday, December 21, 2016
Treatment of Claims: Allowance and Priority - Treatment of Claims: Allowance and Priority, Monday, May 01, 2017
Potpourri of Current Market Developments in Chapter 7 and 11 Business Cases – Energy Future Holdings, Momentive, Radio Shack, Caesars, EDMC, ResCap, Lehmann, Madoff, et al. and Mediation - Potpourri of Current Market Developments in Chapter 7 and 11 Business Cases – Energy Future Holdings, Momentive, Radio Shack, Caesars, EDMC, ResCap, Lehmann, Madoff, et al. and Mediation, Monday, May 01, 2017
Ethics in Diverse Bankruptcy Practice Areas - Ethics in Diverse Bankruptcy Practice Areas, Monday, May 01, 2017
MP4 - Mobile Video Seg  MP4 - Mobile Video Seg Practice Points: Commencing a Corporate Bankruptcy Case - Practice Points: Commencing a Corporate Bankruptcy Case , Wednesday, December 21, 2016
Potpourri of Current Market Developments in Chapter 7 and 11 Business Cases – Energy Future Holdings, Momentive, Radio Shack, Caesars, EDMC, ResCap, Lehmann, Madoff, et al. and Mediation - Potpourri of Current Market Developments in Chapter 7 and 11 Business Cases – Energy Future Holdings, Momentive, Radio Shack, Caesars, EDMC, ResCap, Lehmann, Madoff, et al. and Mediation, Monday, May 01, 2017
Ethics in Diverse Bankruptcy Practice Areas - Ethics in Diverse Bankruptcy Practice Areas, Monday, May 01, 2017
Treatment of Claims: Allowance and Priority - Treatment of Claims: Allowance and Priority, Monday, May 01, 2017
On-Demand Web Programs  On-Demand Web Programs Nuts and Bolts of Corporate Bankruptcy 2016, Tuesday, January 03, 2017, New York, NY
Bankruptcy & Reorganizations 2017: Current Developments, Wednesday, May 03, 2017, New York, NY
CHB Chapters  CHB Chapters The Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) - Bankruptcy & Reorganizations 2017: Current Developments, Friday, April 28, 2017
Transcripts  Transcripts Ethics in Diverse Bankruptcy Practice Areas - Ethics in Diverse Bankruptcy Practice Areas, Monday, May 01, 2017
Treatment of Claims: Allowance and Priority - Treatment of Claims: Allowance and Priority, Monday, May 01, 2017
Live Seminar  Live Seminar Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, New York, NY
Live Webcast  Live Webcast Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, New York, NY
PLI Grpcast-Live Web  PLI Grpcast-Live Web Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, Atlanta, GA
Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, New Brunswick , NJ
Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, Nashville, TN
Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, Pittsburgh, PA
Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, Philadelphia, PA
Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, Indianapolis, IN
Nuts and Bolts of Corporate Bankruptcy 2017, Monday, December 18, 2017, Mechanicsburg, PA
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