Award Turnarounds & Workouts

Successful Restructurings of 2021

In its annual report on the bankruptcy industry, Turnarounds & Workouts recognized Kirkland & Ellis as counsel in 15 of the successful 35 bankruptcy filings of 2021: Ascena Retail Group, Inc., Belk, Inc., Carlson Travel, Inc., Chesapeake Energy Corporation, Chukchansi Economic Development Authority, Frontera Generation Holdings LLC, Frontier Communications Corp., Garrett Motion Inc., Gulfport Energy Corporation, HighPoint Resources Corporation, RGN-Group Holdings, LLC, Riverbed Technology Inc., Seadrill Partners LLC, Valaris plc and Washington Prime Group Inc.

Ascena Retail Group, Inc.
Counsel to debtor included Kirkland restructuring partners Edward Sassower, Steven Serajeddini and Jack Luze. Ascena emerged from bankruptcy in February 2021.

Belk, Inc.
Counsel to debtor included Kirkland restructuring partners Joshua Sussberg, Steven Serajeddini and Matthew Fagen. Belk emerged from bankruptcy in February 2021.

Carlson Travel, Inc.
Counsel to debtor included Kirkland restructuring partners Ryan Bennett, Alexandra Schwarzman and Allyson Smith. Carlson emerged from bankruptcy in November 2021.

Chesapeake Energy Corporation
Counsel to debtor included Kirkland restructuring partners Patrick Nash and Alexandra Schwarzman. Chesapeake emerged from bankruptcy in February 2021.

Frontera Generation Holdings LLC
Counsel to debtor included Kirkland restructuring partners Joshua Sussberg and Matthew Fagen. Frontera emerged from bankruptcy in April 2021.

Frontier Communications Corp.
Counsel to debtor included Kirkland restructuring partners Stephen Hessler, Mark McKane, Patrick Venter and Chad Husnick. Frontier emerged from bankruptcy in April 2021.

Garrett Motion Inc.
Counsel to COH group advisors included Kirkland restructuring partners Nicole Greenblatt and Mark McKane. Garrett emerged from bankruptcy in April 2021.

Gulfport Energy Corporation
Counsel to debtor included Kirkland restructuring partners Edward Sassower, Steven Serajeddini and Christopher Koenig. Gulfport emerged from bankruptcy in May 2021.

HighPoint Resources Corporation
Counsel to debtor included Kirkland restructuring partner Joshua Sussberg. HighPoint emerged from bankruptcy in March 2021.

RGN-Group Holdings, LLC
Counsel to debtor included Kirkland restructuring partners Edward Sassower and Chad Husnick. RGN-Group emerged from bankruptcy in September 2021.

Riverbed Technology Inc.
Counsel to debtor included Kirkland restructuring partners Patrick Nash, Christine Oikike and Christopher Koenig. Riverbed emerged from bankruptcy in December 2021.

Seadrill Partners LLC
Counsel to debtor included Kirkland restructuring partners Brian Schartz, Chad Husnick and Anup Sathy. Seadrill emerged from bankruptcy in May 2021.

Valaris plc
Counsel to debtor included Kirkland restructuring partners Anup Sathy, Ross Kwasteniet and Spencer Winters. Valaris emerged from bankruptcy in April 2021.

Washington Prime Group Inc.
Counsel to debtor included Kirkland restructuring partners Joshua Sussberg, Chad Husnick and Alexander Nicas. Washington Prime Group emerged from bankruptcy in October 2021.