Cadwalader Sweeps M&A Advisor Turnaround Awards

New York, NY, February 26, 2008 – LAWFUEL – Cadwalader, Wickersham & Taft LLP, one of the world’s leading international law firms, swept all three awards for which it was nominated at the M&A Advisor Turnaround Awards, presented last night at an awards gala at the Colony Hotel in Palm Beach, Fla.

Cadwalader won the honor of Law Firm of the Year: Reorganization and Bankruptcy Practice, in recognition of the 65-lawyer team’s record of achievements in 2007 as well as Chapter 11 Reorganization of the Year and Consumer Products & Services Turnaround Deal of the Year for its work as lead debtor’s counsel on the Northwest Airlines Corporation chapter 11 proceedings.

“I am proud that M&A Advisor has singled out Cadwalader for these prestigious awards,” said Bruce R. Zirinsky, the Chairman of Cadwalader’s Financial Restructuring Department. “It is gratifying that our team has been recognized for our ability to craft innovative solutions and legal strategies to achieve the goals of industry-leading clients like Northwest.”

In total, 14 M&A Advisor Awards were given to the nation’s top corporate restructuring professionals representing the disciplines of investment banking, private equity, bankruptcy law and accounting. The award winners were praised by the publication’s founder and CEO, Roger Aguinaldo, for bolstering the economy by restoring failing companies to fiscal health. Winners were chosen by an independent panel of judges made up of respected finance professionals, academics, consultants, and service providers.

About Cadwalader, Wickersham & Taft LLP
Cadwalader, Wickersham & Taft LLP, established in 1792, is one of the world’s leading international
law firms, with offices in New York, London, Charlotte, Washington and Beijing. Cadwalader serves
a diverse client base, including many of the world’s top financial institutions, undertaking business in
more than 50 countries in six continents. The firm offers legal expertise in antitrust, banking,
business fraud, corporate finance, corporate governance, environmental, financial restructuring and
reorganizations, healthcare, insurance and reinsurance, intellectual property, litigation, mergers and
acquisitions, private client, private equity, real estate, regulation, securitization, structured finance, and tax. More information about Cadwalader can be found at

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