NEW YORK, NY -- (MARKET WIRE) -- November 1, 2006 --Ronald R. Sussman, a partner in Cooley Godward Kronish's industry-leading Bankruptcy & Restructuring Practice, has been named to two leadership positions within important associations in the bankruptcy sector.

Mr. Sussman was re-elected to the Board of Directors at the Turnaround Management Association's recent annual meeting in Orlando, FL. He will serve a two-year term, after having recently completed a first three-year term. Mr. Sussman was also recently elected Secretary/Treasurer of the Association of Certified Turnaround Professionals. He is also a member of the Board of Directors of ACTP.

The Turnaround Management Association (www.turnaround.org) is the only international non-profit association dedicated to corporate renewal and turnaround management. With international headquarters in Chicago, TMA has 7,100 members in 38 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

The Association of Certified Turnaround Professionals (ACTP) is the sole international organization dedicated to developing, monitoring and maintaining a program of certification for professionals engaged in the turnaround, crisis management, restructuring and renewal of troubled businesses, organizations and associations.

Cooley Godward Kronish's Bankruptcy & Restructuring Practice represents secured lenders, official and unofficial creditors' committees, equity committees, employee and retiree committees, tort committees, investors in distressed situations, debtors, companies and governmental entities in the negotiation of complex reorganizations. The group has handled major cases, including litigations in the Enron, Montgomery Ward, Federated Department Stores, Pacific Gas and Electric Company and USG Corporation Chapter 11 cases.

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Contact Information: Media Contacts: Emily Foley Cooley Godward Kronish LLP Direct: 650-843-5383 efoley@cooley.com