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A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side.

- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)

Recent Awards & Recognition

Our practice is frequently recognized for its work in bankruptcy and restructuring matters. Recent honors include:

PRACTICE RECOGNITION

  • Chambers USA and Chambers Global: ranked as a Band 1 firm in bankruptcy and restructuring, with eight partners earning top rankings, including three Band 1 rankings; recognized as "Bankruptcy Law Firm of the Year" for 2023 and 2019, and shortlisted for "Bankruptcy Law Firm of the Year" in 2022
  • The Legal 500: ranked as a Tier 1 firm in bankruptcy and restructuring, with eight partners earning top rankings, including three with "Hall of Fame" status
  • Law360: recognized as "Bankruptcy Practice Group of the Year" for 2023
  • IFLR1000: ranked as a top-tier firm in restructuring and insolvency, with six partners listed as leading lawyers; shortlisted for Restructuring "Team of the Year" and "Deal of the Year" in 2023
  • U.S. News "Best Law Firms" USA: ranked as a top-tier firm in bankruptcy and bankruptcy litigation, with eight partners recognized as the "Best Lawyers in America" in the bankruptcy space and five partners recognized in the bankruptcy litigation space
  • Benchmark Litigation: recognized as Tier 1 firm in bankruptcy, with two partners achieving the status of "National Practice Area Star"
  • The American Lawyer: featured in The American Lawyer for Handling Major Share of 2023 Corporate Bankruptcies
  • Global Restructuring Review 30: recognized as one of the top 30 firms in restructuring worldwide

INDIVIDUAL RECOGNITION

  • Law360: a restructuring partner was recognized as a Law360 MVP for bankruptcy in each of 2023, 2021 and 2019
  • The American Lawyer: one restructuring partner was shortlisted for the "Young Lawyer of the Year – Beyond Practice" award in 2022, and one partner was recognized as "Dealmaker of the Year" in 2020
  • The M&A Advisor: a restructuring partner was inducted into their "Hall of Fame" and another restructuring partner was honored as the 2023 recipient of "M&A Advisor Leadership Award"
  • Turnarounds & Workouts: a restructuring partner was named as one of the "Outstanding Young Restructuring Lawyers" in both 2023 and 2022
  • American Bankruptcy Institute: a restructuring partner was recognized as one of the “40 Under 40” Emerging Leaders in Insolvency Practice in 2023, 2021 and 2020
  • UJA – Federation of New York: a restructuring partner was honored with the prestigious Professor Lawrence P. King Award at UJA Federation’s Harvey R. Miller and Leonard M. Rosen Bankruptcy and Reorganization Annual Event in 2023
  • Business Insider: two restructuring partners were recognized among the Nation’s Go-To Restructuring Lawyers in 2022, and one partner was honored as the "Top Restructuring Partner" in 2020
  • New York Law Journal: one partner received the "Lifetime Achievement" award in 2021
  • Crain’s New York Business: one partner was honored as a "Notable LGBTQ Leader" in 2021
  • Lawdragon: one restructuring partner was recently recognized as a "2024 Lawdragon Legend," and seventeen restructuring partners were named in their list of the "500 Leading Bankruptcy & Restructuring Lawyers" in 2023 
  • Euromoney: a restructuring partner was shortlisted for their Women in Business Law America Awards in 2024, 2023 and 2021
  • Her Justice: a restructuring partner was recognized as a leader in the restructuring community and advocate for pro bono work at the Her Justice 2022 Annual Photography Auction & Benefit
  • American College of Bankruptcy: one restructuring partner became Second Circuit Regent of the prestigious ACB’s Board of Regents, and another restructuring partner was inducted into the ACB Fellowship in 2022

WORK HIGHLIGHT RECOGNITION

  • The M&A Advisor:
    • Turnaround Awards
      • "Chapter 11 Reorganization of the Year ($500MM to $1B)" for advising Party City in its successful prearranged bankruptcy (2024)
      • "Telecommunication Services Deal of the Year" for advising an ad hoc group of first lien term loan lenders in QualTek’s approved chapter 11 plan (2024)
      • "Healthcare/Life Sciences Deal of the Year" award for our work advising an ad hoc committee of unsecured noteholders in Mallinckrodt's reorganization plan (2023)
      • "Restructuring of the Year (Over $10B)" award for our role advising an ad hoc group of company noteholders in the chapter 11 cases of Intelsat S.A. (2023)
      • "Chapter 11 Reorganization of the Year (Over $1B)" award for our role advising Azorra Aviation in its acquisition and recapitalization of certain aircraft owning silos of Nordic Aviation Capital pursuant to a prearranged chapter 11 plan process (2023)
      • "Restructuring Deal of the Year (Under $500M)" award for our work with Trident USA (2020)
    • The M&A Advisor Awards
      • Shortlisted for the "Restructuring Deal of the Year (Between $250 MM - $1B)" award for our role advising Golden Gate Capital in its investment in Parallel Advisors, LLC, and "Restructuring Deal of the Year (Over $1B)" for our role providing special financing and employee compensation counsel in Lumileds’s chapter 11 filing (2023)
    • International M&A Awards
      • "Energy Deal of the Year" for our work with Pacific Drilling (2019)
  • The Turnaround Management Association: 
    • “Large Company Turnaround/Transaction of the Year” award for our work with CHC Group, LLC (2023)
    • “Transaction of the Year Large Company” award for our work with Trident USA (2020)
    • “Mid-Size Company Transaction of the Year” award for our work with Gibson Brands (2019)
  • IFLR:
    • Americas Awards
      • Shortlisted for restructuring "Team of the Year" and "Deal of the Year" for our role advising an ad hoc group of company noteholders in the chapter 11 cases of Intelsat S.A. (2023)
      • "Restructuring Deal of the Year" our work advising sponsors in the Hertz Global restructuring (2022) 
      • "Restructuring Deal of the Year" for our work with McDermott International (2021)
      • "Deal of the Year: Restructuring and Insolvency" for our work with Sears (2020)
    • Europe Awards
      • Shortlisted for the "Restructuring Deal of the Year" award for our role advising Azorra Aviation in its acquisition and recapitalization of certain aircraft-owning silos of Nordic Aviation Capital pursuant to a prearranged chapter 11 plan process (2023)
      • "Restructuring Deal of the Year" for our work advising sponsors in the Hertz Global and Vallourec restructurings (2022)
    • Asia-Pacific Awards 
      • "Restructuring Deal of the Year" for our work with Boart Longyear (2022)
      • "Restructuring Deal of the Year" for our work with Virgin Australia Airlines (2021)
  • Turnarounds & Workouts' Top Restructuring Lists:
    • Twenty-six of the firms restructuring matters spotlighted in the publication's annual lists of the past year’s largest and most successful restructurings. Fifteen of these matters were included on the publication’s “Successful Restructurings of 2023 list,” including the restructurings of Avaya Holdings Corp., Mallinckrodt Pharmaceuticals, Party City Holdco Inc. and Revlon Inc., among others. In addition, 22 of these matters were included on T&W’s “Largest Chapter 11 Cases of 2023” list
    • Six of the firm's restructuring matters appeared on the publication's "Largest Chapter 11 Cases of 2022" list, including Altera Infrastructure, Endo International, Footprint Power Salem Harbor Development, Lumileds Holding, Revlon and Talen Energy Supply
    • Eleven of the firm's restructuring matters appeared on the publication's "Successful Restructurings of 2022" list, including Altera Infrastructure, Brazos Electric Power Cooperative, Envision Healthcare Corporation, Grupo Aeroméxico, GTT Communications, Intelsat, Lumileds Holding, Mallinckrodt, Nordic Aviation Capital, Seadrill Limited and Talen Energy Supply (2022)
  • The Deal: shortlisted for the “Restructuring of the Year” for our work with Carlson Travel and Mallinckrodt (2022)

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