December 24, 2019
Business Finance & Restructuring Department Co-Chair Matt Barr and partner Ronit Berkovich have been named “Outstanding Restructuring Lawyers” by Turnarounds & Workouts for 2019. The select list, which features 15 lawyers throughout the United States, recognizes the attorneys who have worked on the industry’s prominent bankruptcies and restructurings.
Mr. Barr was recognized for his role in several high-profile restructurings, including leading EP Energy through its $4.9B chapter 11. The publication also noted Mr. Barr’s representation of Syncreon in its $1.1B cross-border restructuring, his representation of CTI Foods in its elimination of more than $400M of debt and securing of $110M in new financing, and his role in leading Fieldwood Energy’s $1.6B restructuring. His creditor-side achievements were also highlighted, including advising an ad hoc group in the chapter 11 cases of Cobalt and Uniti, and advising Bain Capital and Thomas H. Lee Partners as major debt and equity holders in iHeartMedia’s $16B chapter 11. His role advising secure lenders in Bumble Bee’s chapter 11 was also highlighted.
Ms. Berkovich was also recognized for advising EP Energy and CTI Foods in their respective chapter 11 restructurings, as well as representing Insys Therapeutics in its high-profile chapter 11. The publication highlighted her representation of Johnson & Johnson in the chapter 11 of its talc supplier, Imerys, and her role in guiding Catalina Marketing through its prepackaged chapter 11 case, eliminating more than $1.5B of debt. Additionally, she was noted for guiding Tweddle Group in an out-of-court restructuring, transferring full equity to lenders.
Turnarounds & Workouts, a monthly newsletter published by Beard Group, Inc., named the outstanding restructuring lawyers in a special report published in the December 2019 issue.