Akin Advises on Eight of M&A Advisor’s Turnaround Awards Winners

February 15, 2023

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Jacinta O'Shea-Ramdeholl

Director of Communications

Scott Wasserman

Senior Media Relations Manager

(New York) – Akin is pleased to share that its financial restructuring practitioners advised clients in eight of the engagements recognized by The M&A Advisor in its 17th annual Turnaround Awards.

According to The M&A Advisor, the winners “represent the best of the distressed investing and restructuring industry in 2022.” Following are the eight winning deals on which Akin advised clients:

  • Cross-Border Restructuring of the Year (Over $1B): Restructuring of Grupo Aeroméxico, S.A.B. de C.V.
  • Restructuring of the Year ($1B to $5B): Restructuring of GEO Group.
  • Healthcare/Life Sciences Deal of the Year: Restructuring of Mallinckrodt.
  • Information Technology Deal of the Year: Restructuring of Output Services Group.
  • Section 363 Sale of the Year (Over $50MM to $100MM): Limetree Bay.
  • Chapter 11 Reorganization of the Year (Over $1B): Nordic Aviation Capital.
  • Restructuring of the Year ($5B to $10B): Seadrill.
  • Restructuring of the Year (Over $10B): Intelsat.

In December, Akin was, for the sixth consecutive year, named to Global Restructuring Review’s GRR 30 ranking of the standout firms in restructuring, where it again ranked among the top 10 firms (learn more here), and in September, the firm was ranked Tier 1 for restructuring and insolvency work in IFLR1000’s UK 2022 M&A, Private Equity and Restructuring and Insolvency rankings (learn more here).

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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