<p>Fried Frank Expands Bankruptcy and Restructuring Practice </p>
<p><em>Shannon Lowry Nagle Joins Firm in New York</em></p>

Fried Frank Expands Bankruptcy and Restructuring Practice

Shannon Lowry Nagle Joins Firm in New York

Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Shannon Lowry Nagle has joined the Firm's bankruptcy and restructuring practice as a partner, resident in the New York office. Ms. Nagle has represented numerous clients in connection with chapter 11 cases and out-of-court restructurings. Prior to joining the Firm, she was a partner at O'Melveny and Myers LLP.

Ms. Nagle's practice has included representing bondholders, secured and unsecured creditors, debtor-in-possession lenders, ad hoc and official committees of creditors, and other parties in interest. Ms. Nagle also has represented debtors, including distressed portfolio companies, as well as private equity funds and others in connection with the acquisition of distressed companies and in the sale of assets of financially troubled entities. Ms. Nagle's experience covers a wide range of industries, including retail, healthcare, entertainment, construction, auto, airlines, textiles, and telecommunications. She has extensive in-court experience, having litigated before bankruptcy courts in numerous states.

"The bankruptcy and restructuring business has been, and continues to be, on a sharp rise nationwide. The work of Fried Frank's bankruptcy and restructuring practice has grown exponentially and is an integral and important part of our Firm. Shannon is a gifted lawyer and a first rate talent. With the addition of Shannon to our practice, we expect to continue to meet this growing demand for our services and to attend to the needs of our clients and the Firm," said Brad Eric Scheler, senior partner and chairman of Fried Frank's bankruptcy and restructuring department.

"We are delighted to have someone of Shannon's caliber join the Firm. Shannon brings her experience and expertise to a strong and seasoned team of professionals who have been working on some of today's most innovative and prominent bankruptcy and restructuring matters," said Valerie Ford Jacob, Fried Frank's chairperson.

Ms. Nagle received her JD from University of Miami – School of Law and her BS from University of Florida. She is admitted to the bar in New York, Virginia, North Carolina and Georgia.

Fried Frank's bankruptcy and restructuring lawyers regularly represent a wide range of clients in both formal bankruptcies and out-of-court restructurings of financially troubled companies, including corporate debtors, creditors' committees, bondholders' committees, equity holders' committees, trustees, financial institutions that are lenders to and investors in financially troubled companies, buyers and sellers of distressed securities and businesses, and parties seeking to invest in and/or acquire the assets and businesses of financially troubled companies.