Arik Preis Named an Outstanding Restructuring Lawyer by Turnarounds & Workouts

(New York) – Akin Gump financial restructuring partner Arik Preis has been recognized by Turnarounds & Workouts as one of the Outstanding Restructuring Lawyers for 2021.

Among the noteworthy matters spotlighted by T&W in its profile were Mr. Preis’ representation of the:

  • Unsecured Creditors’ Committee of Purdue Pharma L.P. in Purdue’s high-profile chapter 11 case;
  • Opioid Related Claimants’ Committee of Mallinckrodt plc in Mallinckrodt’s $5.3 billion bankruptcy;
  • Ad Hoc Group of Holders of 7.625% Senior Secured Second Priority Notes due 2020 issued by Hertz Global Holdings in Hertz’s blockbuster $19 billion chapter 11 cases; and
  • Insys Therapeutics Unsecured Creditors’ Committee in Insys’ landmark chapter 11 cases.

This recognition follows an impressive string of awards received by the firm’s U.S. financial restructuring practice this year, including securing New York Law Journal’s Innovation Award for the work on the PG&E bankruptcy, the largest restructuring ever filed in California and the sixth-largest in the country, being named among the world’s top three restructuring firms by Global Restructuring Review and receiving top rankings by Chambers & Partners and The Legal 500.

Akin Gump Strauss Hauer & Feld LLP 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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