April 08, 2015
Weil partner Ronit Berkovich has been named a “Rising Star” by Law360 for her complex restructuring work on behalf of clients such as Brookfield Asset Management in its $2 billion claim in the matter of Energy Future Holdings, the Texas utility that sank into bankruptcy last year and FXCM, the New York-based foreign currency dealer, who was in jeopardy after the Swiss National Bank moved to cap the Swiss franc’s value relative to the euro. In the case of FXCM, Ms. Berkovich described the intensity of the timeframe saying it was “24 hours…nonstop” to “negotiate a deal that effectively saved the company.”
Ms. Berkovich has been involved in bankruptcy since 2002 when she joined Weil at the recommendation of her former law professor, current U.S. Senator Elizabeth Warren. Ms. Berkovich was put on the historic WorldCom bankruptcy filing her first year and has continued to work on high profile bankruptcy filings including the 2003 bankruptcy of Parmalat SpA, the 2008 collapse of Lehman Brothers Holdings, and the 2009 restructuring and government bailout of General Motors.
Ms. Berkovich enjoys the varied work of the bankruptcy practices saying “you can be in court as a litigator arguing before a judge in the morning, and then in the afternoon be working on a big loan transaction.” She also emphasizes the importance of mentorship and guidance from senior attorneys in helping establish a successful career path.