Award Turnarounds & Workouts

Largest Bankruptcy Filings of 2018

In its annual report on the bankruptcy industry, Turnarounds & Workouts recognized Kirkland & Ellis as counsel in six of the largest 20 bankruptcy filings of 2018: iHeartmedia, Inc., PES Holdings, LLC, Aegean Marine Petroleum Network, Inc., EV Energy Partners, LP, ATD Corporation and Parker Drilling Company.

iHeartmedia, Inc.
iHeartmedia filed for bankruptcy in March 2018 with $12.258 billion in assets -- the largest bankruptcy filing of 2018.

PES Holdings, LLC
PES Holdings filed for bankruptcy in January 2018 with $2.259 billion in assets.

Aegean Marine Petroleum Network, Inc.
Aegean filed for bankruptcy in November 2018 with $1.766 billion in assets.

EV Energy Partners, LP
EV Energy filed for bankruptcy in April 2018 with $1.442 billion in assets.

ATD Corporation
ATD filed for bankruptcy in October 2018 with $1.330 billion in assets.

Parker Drilling Company
Parker Drilling filed for bankruptcy in December 2018 with $937 million in assets.