News & Announcements

Weil’s Business Finance & Restructuring Department Wins Eight Turnaround Awards for 2018

The M&A Advisor has announced the winners of the 13th Annual Turnaround Awards, recognizing the best of the distressed investing and reorganization industry, with Weil receiving eight awards for its role in several of the year’s top restructurings. The awards include Restructuring of the Year for the chapter 11 reorganizations of both Takata Corp. and Fieldwood Energy, as well as Distressed M&A Deal of the Year for the restructuring and sale of Westinghouse Electric Co.

The full list of winners includes:

Restructuring Awards

Restructuring of the Year (over $5 billion) for the restructuring of Takata Corporation

Restructuring of the Year ($1 billion to $5 billion) for the restructuring of Fieldwood Energy

Out-of-Court Restructuring of the Year (over $100 million) for the restructuring of Tweddle Group, Inc.

M&A Transaction Awards

Distressed M&A Deal of the Year for the restructuring of Westinghouse Electric Co.

Sector Awards

Utilities Deal of the Year for the restructuring of Westinghouse Electric Co.

Consumer Discretionary Deal of the Year (over $500 million) for the chapter 11 reorganization of Claire’s Stores, Inc.

Consumer Staples Deal of the Year (over $500 million) for the restructuring of Southeastern Grocers

Industrials Deal of the Year for the acquisition of Wellman Dynamics Corporation by TCTM Financial

The M&A Advisor was founded in 1998 to offer insights and intelligence on M&A activities, and since then has established itself as a resource for a premier global network of M&A, Turnaround and Finance professionals.

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