DLA Piper has received five Turnaround Atlas Awards from Global M&A Network, including the Mid-Market Law Firm of the Year Award, for its work on value-creating restructuring and turnaround transactions.
Global M&A Network is a producer of conferences and awards for the mergers, acquisitions, turnaround and alternative investor communities.
The annual Turnaround Atlas Awards, which took place on 24 June, honour excellence from the global restructuring, special situations M&A, judicial and out-of-court reorganisation and turnaround communities. Winners are selected independently based on identifiable transaction value-generating performance criteria and are honoured in 36 categories.
Gregg Galardi, global co-chair of the restructuring practice, accepted the Chapter 11 Reorganization Award in the Middle Markets category for DLA Piper’s representation of Ahern Rentals, an equipment rental, maintenance and repair company, in its Chapter 11 case in the US Bankruptcy Court for the District of Nevada. He was also named one of the Turnaround Atlas Award’s Top 100: Global Restructuring and Turnaround Professionals.
Richard Chesley, US co-chair of the restructuring practice, accepted the Industry Turnaround Award in the Consumer Goods category for DLA Piper’s work on advising Orchard Supply Hardware Stores in the sale of its business to Lowe’s Companies.
Matt Murphy, a partner in the firm’s restructuring practice, accepted the Pre-Pack Restructuring Award in the Mid-Markets category for DLA Piper’s representation of Education Holdings I, the former owner of The Princeton Review test-preparation business, in its prepackaged Chapter 11 proceeding.