April 18, 2014
Business Finance & Restructuring partner Garrett Fail has been named an Outstanding Young Restructuring Lawyer by Turnarounds & Workouts. The select list, which includes only 12 lawyers nationwide, recognizes attorneys under the age of 40 who are leaders in the bankruptcy field.
Mr. Fail was described as being instrumental in negotiating and structuring major sales, global settlements and a complex plan for Lehman Brothers Holdings, including an innovative sale of certain of Lehman’s $14 billion intercompany claims in the first ever “Dutch” auction of a bankruptcy claim and a subsequent series of private placement sales of $7 billion. He was also highlighted for representing Southern Air Holdings and Galvex Holdings.
The full list can be found in the April 2014 issue of Turnarounds & Workouts.