Financial News Shortlists Akin Gump for Restructuring Team of the Year in Europe Award

(London) – Akin Gump has been shortlisted by Financial News for the publication’s third annual Awards for Excellence in Legal Services, Europe in the category of “Restructuring/Bankruptcy Team of the Year.” The awards honor the achievements of “the best law firms, teams and individual lawyers supporting the financial markets throughout the past year.”

Akin Gump was highlighted for its work advising the noteholders on restructuring negotiations concerning a £196 million ($280 million) recapitalization plan for the oil and gas company Afren. The firm also represented a group of creditors in their restructuring negotiations with three failed Icelandic banks and the Icelandic government in a case concerning $33 billion in bonds issued by the banks. In addition, Financial News noted Akin Gump for its role advising the private placement bondholders in financial restructuring negotiations coinciding with the collapse of Dutch engineering services company Royal Imtech and its subsidiaries.

The award winners will be announced in London on April 22.

Founded in 1945, 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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