Kramer Levin Selected as Counsel to Unsecured Creditors Committee of GenesisCare

Kramer Levin is pleased to announce that the firm has been selected as counsel to the official committee of unsecured creditors of GenesisCare. Burdened by more than $1.7 billion of debt, the company sought Chapter 11 protection in the bankruptcy court in the Southern District of Texas, Houston Division, on June 1, 2023. The seven-member committee consists of Accuray Inc., ASD Specialty Healthcare LLC (Amerisource Bergen), Block Imaging Parts & Service LLC, Elekta, Cardinal Health 414 LLC, Centrex Revenue Solutions and Boston Scientific Corp.

GenesisCare is one of the world’s largest integrated oncology organizations and the world’s largest provider of radiotherapy.

The Kramer Levin team, which includes leaders of the firm’s Health Care and Special Situations groups, is led by Bankruptcy and Restructuring partners Rachael Ringer and Adam C. Rogoff and includes senior attorney Elan Daniels and associates Megan M. Wasson, Gabriel Eisenberger and Michael C. Blackmon. Kramer Levin's Bankruptcy and Restructuring group has been actively involved in most of the major bankruptcy cases in the United States during the past 20 years. The group is chaired by Kenneth H. Eckstein and Thomas Moers Mayer, both fellows of the American College of Bankruptcy. Kramer Levin and its lawyers are consistently recognized as leaders in the field of bankruptcy and restructuring by Chambers USA, Legal 500 US, Best Lawyers, Super Lawyers and other industry observers.