News

Finalists Announced for 2011 Turnaround Awards

Winners to be Revealed at the Distressed Investing Summit and Turnaround Awards Gala, March 6-7, 2011 in Palm Beach

NEW YORK, NY The M&A Advisor announced the finalists for its 2011 Turnaround Awards. This year, there are 138 finalists representing over 110 different firms and deal teams in 31 categories in the distressed investing, restructuring and turnaround marketplace.

An independent body of experts, who represent a cross–section of the turnaround industry, will judge the finalists’ deals in the security of a Merrill DataSite™ Virtual Data Room. This secure, time–saving service allows judges to review finalists’ submissions online, maximizing the amount of time for evaluating each award candidate.

The award winners will be announced at the 5th Annual Distressed Investing Summit and Turnaround Awards Gala on Monday, March 7th at the Colony Hotel in Palm Beach, Florida.

“In 2010, although there were more than 1.1 million bankruptcies, there were also thousands of successful turnarounds, thanks to the energy and ingenuity of the world’s leading turnaround professionals,” said Roger Aguinaldo, CEO of The M&A Advisor. “The deal teams represented in our award finalists have demonstrated the highest acumen in today’s turnaround and bankruptcy industry.”

The 2011 Turnaround Awards finalists represent a number of leading firms in the turnaround industry, including Sun Capital Partners; Cadwalader Wickersham & Taft LLP; Rothschild; Skadden, Arps, Slate, Meagher & Flom; Sonenshine Partners; White and Case; Citigroup; Kramer Levin Naftalis & Frankel; SSG Capital Advisors, LLC; and Alix Partners as well as some high–profile transactions, such as the Chapter 11 Reorganization of LyondellBasell Industries; the Pre–Packaged Chapter 11 of MGM Studios; and the Bankruptcy of the Texas Rangers.

The M&A Advisor’s 5th Annual Distressed Investing Summit and Turnaround Awards Gala is the premier event for the turnaround industry bringing together the world’s leading dealmakers for an exclusive symposium and to honor the accomplishments of the top distressed investing, restructuring and turnaround professionals and firms.