Akin Gump Again Top 10 in GRR 30’s Ranking of Top Restructuring Firms
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(London) – For the fourth year out of four, Akin Gump has placed among the top firms in Global Restructuring Review’s GRR 100 guide to the top cross-border restructuring and insolvency law firms. Additionally, the firm again placed in the GRR 30, a ranking of the standout firms among the GRR 100.
Recent work noted by GRR includes work advising an ad hoc group of noteholders for fashion brand Nine West, an ad hoc group of noteholders of Irish oilfield services group Weatherford International, noteholders of U.K. construction company Interserve, an ad hoc noteholder group in Luxembourg-incorporated industrial group Galapagos’ €1 billion multijurisdictional restructuring, along with work in the restructurings of companies from Connecticut to Singapore, including SVP Global, China Singyes Solar Technologies and Hyflux.
Looking at the Akin Gump’s restructuring clients, the firm’s creditor-side work is spotlighted, including representations of the U.S. official committee of unsecured creditors in the Nortel bankruptcy, the second lien creditors in the bankruptcy of iconic photography brand Eastman Kodak, and an ad hoc group of secured noteholders in helicopter company CHC Group.
Additionally, Akin Gump’s work in the energy and shipping industries is spotlighted, featuring clients such as the unsecured noteholders in Energy Future Intermediate Holdings Corp, the bondholders and administrators of Africa and Kurdistan-focused oil explorer Afren, bondholders of OSX Brasil’s Dutch subsidiary, OSX3 Leasing, and an ad hoc group of senior noteholders of exploration company Hercules Offshore.
The GRR 100 is the result of 12 months’ research and evaluation, including detailed questionnaires completed by hundreds of law firms on practice history, notable cases, key names and case totals/value of debt restructured.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75
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