Skadden Earns Nine More Restructuring Awards

Skadden won nine awards at the 2010 Turnaround Atlas Awards, held June 17 in Chicago. The annual awards honor performances from the restructuring, turnaround and special situation M&A deal communities.

The firm's work on Delphi Corporation's reorganization won Corporate Turnaround Deal of the Year in the $5 billion+ category. The Firm also won awards for Turnaround of the Year ($500 million+) for its work with Interstate Bakeries, Pre-packaged Chapter 11 Reorganization of the Year ($1 billion+) for CIT Group, Cross-border Special Situation M&A Deal of the Year for the acquisition of Hartmarx Corporation, and Recapitalization of the Year for Westwood One, Inc.

Corporate restructuring co-head Jack Butler won the Restructuring Lawyer of the Year award in the Large Markets category. Skadden also won three Industry Turnaround Awards of the Year, in the Energy Industry & Services category for the acquisition of certain assets from Pacific Energy Resources Ltd., in the Financial Industry category for the pre-packaged reorganization of J. G. Wentworth, and in the Telecom & Technology category for Charter Communications, Inc.