June 30, 2011
Latham & Watkins was named “Global Restructuring Law Firm of the Year” at the Global M&A Network’s 2011 Turnaround Atlas Awards which was awarded “on the strengths of several top performing assignments.” This comes on top of similar recognition for Latham’s global restructuring and insolvency practice by Chambers which ranked the firm in Tier 1, noting the group’s “truly global service” and “[i]t is particularly recognised for its strength in the US, European and Middle Eastern markets, and the firm acts for creditors and debtors in complex insolvencies, restructurings and workouts.”
Global M&A Network also recognized Latham in several other categories including:
- “Turnaround of the Year ($5 billion plus)” for work on the high profile Dubai World restructuring;
- “Private Equity Turnaround Deal of the Year” for work on The Gores Group acquisition of National Envelope Corp.; and
- “Cross Border Turnaround Deal of the Year” for work on Spansion Inc’s restructuring.
According to Global M&A Network, the Turnaround Atlas Awards are the “gold standard of performance.” The awards honor “excellence in assignments and deals completed from the restructuring, reorganization and turnaround communities, worldwide.”