Debevoise & Plimpton LLP was honored at the 15th annual Turnaround Awards for Chapter 11 Reorganization of the Year (over $1 billion) and Distressed M&A Deal of the Year ($500 million - $1 billion). The Turnaround Awards recognize the leading distressed M&A transactions, restructuring, refinancing, products and services, firms, and dealmakers.
A team led by restructuring partners Erica Weisgerber and Jasmine Ball was recognized for its work on The M&A Advisor’s Chapter 11 Reorganization of the Year (over $1 billion) as counsel to Canada Pension Plan Investment Board as co-sponsor of Neiman Marcus in its Chapter 11 restructuring.
A team led by partner Natasha Labovitz and counsel Nick Kaluk was awarded Distressed M&A Deal of the Year ($500 million - $1 billion) for its representation of High Ridge Brands in its Section 363 asset sale and Chapter 11 plan of liquidation.
View the list of all winners and deals here.
Debevoise’s Restructuring Group develops practical and innovative solutions to clients’ complex transactional and litigation problems. Consistently ranked as a leading firm in Bankruptcy and Restructuring in Chambers USA and in Corporate Restructuring in The Legal 500 US, Debevoise regularly plays a major role in high-profile out-of-court restructurings, strategic transactions and litigation involving troubled businesses, Chapter 11 cases and cross-border insolvencies. The Restructuring Group advises companies, creditors, sponsors, boards of directors, acquirors and other parties-in-interest in complex distressed situations, and is widely recognized by clients and peers for providing business-oriented and sophisticated advice on the wide range of legal issues triggered by financial distress.