Chambers USA recognized 26 Hughes Hubbard & Reed attorneys, including two for the first time, and 10 practice groups in its 2012 Guide to America’s Leading Business Lawyers.

The following attorneys were ranked or named: Ned Bassen, Candace Beinecke, Andy Braiterman, Charles Cohen, Amanda DeBusk, Amy G. Dulin, John Fellas, James Fitzpatrick, Jim Giddens, Freddie Goudie, Steven Hammond, John Hoyns, Ken Lefkowitz, Ed Little, Bill Maguire, Ted Mayer, Jim Modlin, Joanne Osendarp, Chris Paparella, Ken Pierce, Chuck Samuelson, Dan Schnapp (for the first time), Nick Swerdloff, John Townsend, Bill Weber and Marc Weinstein (for the first time).

The firm’s practice areas ranked by state are: Latin America Investment (Florida and New York); Bankruptcy/Restructuring; Corporate Mergers & Acquisition (M&A); Litigation: Securities; Media & Entertainment. Practice areas ranked nationally include International Arbitration; International Trade; Product Liability & Mass Torts; and Transportation: Aviation: Finance. 

Chambers, regarded as one of the top ratings agencies in the nation, bases its rankings on the recommendations of clients and lawyers throughout the US. Attorneys are ranked on qualities such as technical ability, professional conduct, client service, commitment, diligence and commercial awareness.

Here’s what Chambers and sources say about the firm’s practice groups:

Latin American Investment: Florida
“Finance remains the focus of this firm’s Miami team, while its New York attorneys are especially prominent on M&A mandates. The group is proficient representing borrowers and lenders, and earns high praise from local counsel in Latin America.”

Sources say: “Responsive and pleasant to deal with.” “The firm is very proactive and business-oriented.”

Latin American Investment: New York
“This firm’s New York and Miami offices complement each other, with the former handling many of the top M&A matters. The growing team continues to raise its profile among its peers.

Sources say: “It’s a proactive firm, business-oriented and flexible on fees.”

Bankruptcy/Restructuring: New York
“Despite the departures of Michael Luskin and Richard Stern in April 2012, Hughes Hubbard maintains a strong reputation for undertaking broker-dealer matters and for its roles as trustee–largely in part to the highly respected James Giddens–in some of the sector’s largest bankruptcies.”

Sources say: “Well thought-out approach to looking at any particular situation.” “Thorough and strategic; highly skilled problem solvers and excellent negotiators.”

“Covering a full range of corporate matters, Hughes Hubbard has had a strong year in terms of deals and clients. The enthusiastic team carries its M&A expertise into the pharmaceutical, media and financial services industries.”

Sources say: “High-caliber, collegial people.” “They work well for smaller, medium and big clients.”

Litigation: New York 
“This team wins praise for its solid capabilities in both securities litigation and white-collar criminal defense work. The group also offers particular expertise in the products liability, class action and intellectual property areas, combined with solid trial experience.”

Sources say: “The firm demonstrated extremely thorough research, was well prepared, had good court presence and great support staff.”

Media & Entertainment: Corporate: New York
“This 20-strong team is a one-stop shop for a range of clients with media and entertainment corporate needs. It has a bicoastal reach and vast experience in the TV and film industry.”

International Arbitration
“This highly commended practice group remains a recognized force in the market, with expertise spanning commercial and investment treaty arbitrations and strong capabilities whether advocating or sitting as arbitrators.”

International Trade
“2011 was a year of significant growth for this practice, which gained three practitioners through lateral hires.”

Sources say: “I have been very impressed by the caliber of the practitioners.” “They really understand the complexities of export controls, and can answer very complicated technical questions.”

Product Liability & Mass Torts
“This group focuses primarily on pharmaceutical and tobacco litigation, but also offers a high level of expertise in toxic torts involving such issues as contamination and pollution. Its strength in case management and coordination allows it to handle large dockets with thousands of individual complaints.”

Client Service: “They are excellent in the subject matter, pragmatic, responsive, dedicated, flexible and collaborative.”

Transportation: Aviation: Finance
“This team of 20 attorneys covers the full range of aviation finance. Traditionally, it has worked for leading airlines, such as Continental Airlines and United Airlines, but it is increasingly active on high-end financial work for the likes of Citibank and Bank of America.”

Sources say: “They are active, knowledgeable and do a great job.”