Global Legal Awards

Kirkland was among the recipients of the Global Finance Grand Prize at The American Lawyer’s Global Legal Awards, held on September 15, 2014, in New York. The award reflected Kirkland’s work on the $1.6 billion restructuring of Bahrain-based Arcapita Bank B.S.C. The American Lawyer noted that, as the first Gulf-based company and Shariah-compliant entity to undergo a U.S. Chapter 11 bankruptcy, “Arcapita set a number of important precedents about how U.S. and Western courts will deal with Shariah contracts and disputes.”