Alice Byowitz

Alice J. Byowitz is a partner in the New York office of Kramer, Levin, Naftalis & Frankel LLP, where she represents mutual funds, distressed investors, indenture trustees and creditor committees in some of the largest, most complex and highest-profile municipal restructurings and corporate reorganizations, both in and out of court. Her clients include Oppenheimer Funds/Invesco, Nuveen Asset Management,Franklin Advisers and BlackRock, and she currently represents the Official Committee of UnsecuredCreditors in the Hertz Corp.’s bankruptcy. Ms. Byowitz has been involved in the nation’s largest municipal bankruptcies, including those of Puerto Rico, Detroit and Jefferson County. She played a key role on the Kramer Levin team representing holders of more than $10 billion of bonds issued by PuertoRico, including in a victory before the U.S. Supreme Court and two before the U.S. Court of Appeals for the First Circuit on behalf of holders of $3.2 billion of bonds issued by the Puerto Rico Electric PowerAuthority, as well as in negotiating a landmark restructuring support agreement prior to enactment of the federal Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) restructuring law. Ms. Byowitz was involved in the firm’s representations of holders of $1 billion in certificates of participation in the Detroit chapter 9 bankruptcy case and holders of $900 million in secured sewer warrants of Jefferson County in its chapter 9 bankruptcy case. She received her B.A. cum laude in the classics from Princeton University in 2007 and her J.D. in 2012 from New York University School ofLaw, where she was senior articles editor and staff editor of the Annual Survey of American Law and a student member of the New York City Bar Association’s Bankruptcy Committee.