American College of Bankruptcy inducts Stephen Gray as Fellow

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NEW YORK, MARCH 17, 2008 - Stephen Gray, a Managing Partner of CRG Partners, was inducted as a Fellow of the American College of Bankruptcy March 15, 2008 in Washington, D.C. He was one of 29 honorees selected from a pool of international candidates for the Nineteenth Class of College Fellows. The ceremony was held at the historic National Building Museum and was presided over by David G. Heiman, President of the College.

"Stephen Gray's induction as a Fellow of the American College of Bankruptcy confirms what we, his colleagues, already know: Stephen demonstrates the highest level of professionalism, ethics, integrity, professional expertise and leadership," said Michael Epstein, a Managing Partner. "His contribution and dedication to the enhancement of the bankruptcy and insolvency practice serves as a model for the entire firm. All of us at CRG Partners congratulate him on this honor."

Fellows are recognized for their professional excellence in and exceptional contributions to the fields of bankruptcy and insolvency law. They are selected by a Board of Regents from the recommendations of the Circuit Admissions Council in each federal judicial circuit and specially appointed Committees for Judicial and International Fellows.

About CRG Partners: CRG Partners is a leading provider of operational and financial restructuring services, specializing in creating value for the stakeholders of underperforming companies. CRG Partners has offices in Atlanta; Bethesda; Boston; Charlotte; Chicago; Dallas; Los Angeles; New York; and Vienna, Austria. For more information, visit www.crgpartners.com.

About the American College of Bankruptcy: the American College of Bankruptcy is an honorary professional and educational association of bankruptcy and insolvency professionals. The College plays an important role in sustaining professional excellence in this rapidly expanding field of expertise. College Fellows include commercial and consumer bankruptcy attorneys, insolvency accountants, turnaround and workout specialists, law professors, judges, government officials and others involved in the bankruptcy and insolvency community. For more information, visit www.amercol.org.

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Media Contact:
Sarah Michael
CRG Partners
sarah.michael@crgpartners.com
310-954-8757