GCG Promotes Angela Ferrante to Assistant Vice President, Bankruptcy Operations

LAKE SUCCESS, N.Y., May 18, 2011 /PRNewswire/ -- The Garden City Group, Inc. (GCG), one of the largest claims administration firms in the country, announced today that Angela Ferrante has been promoted to assistant vice president, bankruptcy operations.  Based in GCG's East Coast headquarters in Lake Success, N.Y., Ferrante will manage GCG's bankruptcy operations, which includes providing ongoing client counsel, supervising the administration of bankruptcy matters, and assisting with new business efforts.

"As GCG's bankruptcy practice has grown, Angela emerged as the natural leader for this division with her focus on excellence, training and client service," said Karen Shaer, GCG's executive vice president and general counsel. "She did a superb job running the landmark General Motors bankruptcy case from pre-filing stage through emergence. She leads by example, and has worked tirelessly to demonstrate to clients that GCG delivers the best work product in the marketplace and does so with unparalleled responsiveness."

Ferrante's legal experience as a bankruptcy and restructuring attorney complements her work in ensuring that GCG meets its clients' Chapter 11 administrative needs. Having previously acted as senior director, bankruptcy at GCG, Ferrante will use her legal knowledge and experience, managerial skills and keen attention to client needs to oversee the continued growth of GCG's bankruptcy practice.

"I am honored to have been chosen to lead the continued development of the company's bankruptcy operations," said Ferrante. "I look forward to continuing to work with GCG's expert bankruptcy team to ensure that our capabilities, practice and services remain the best in the field."

Ferrante will work closely with Jeff Stein, vice president, bankruptcy, who also runs GCG's solicitation department. Working in tandem, they will provide seamless, outstanding and comprehensive service to all of GCG's bankruptcy clients.

Prior to joining GCG, Ms. Ferrante practiced as a bankruptcy and restructuring attorney at Akin Gump Strauss Hauer & Feld LLP and at Weil, Gotshal & Manges LLP. Before that, she received her juris doctor from Brooklyn Law School and her undergraduate degree from New York University.

About The Garden City Group, Inc. (GCG)

GCG is the recognized leader in legal administration services for class action settlements and other claims administration, bankruptcy cases and legal noticing programs, with more than 1,000 employees in offices coast-to-coast. The firm has been engaged in many high-profile distribution matters, including the General Motors bankruptcy, the $6.05 billion WorldCom settlement, the $3.5 billion Visa/MasterMoney Antitrust settlement, the $3.4 billion Native American Trust Settlement and the $20 billion Gulf Coast Claims Facility.

About Crawford

Based in Atlanta, Ga., Crawford & Company (www.crawfordandcompany.com) is the world's largest independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with an expansive global network serving clients in more than 70 countries. The Crawford System of Claims Solutions(SM) offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers compensation claims and medical management, and legal settlement administration. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.

SOURCE The Garden City Group, Inc.

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