Greenberg Traurig, LLP issued the following announcement on Sept. 14.
A team of attorneys from global law firm Greenberg Traurig, LLP, led by Shareholder David B. Kurzweil, was announced a winner of the 2021 Mid-Size Company Turnaround/Transaction of the Year Award by The Turnaround Management Association (TMA).
The TMA annual awards program recognizes the most impactful turnarounds and transactions industry wide. The Turnaround and Transaction Awards are chosen based on a rigorous peer-review process by the Awards Committee, which is composed to represent the diversity of the TMA Membership and looks for well-defined, measurable outcomes.
In 2019, AAC Holdings, Inc., a healthcare company, retained Greenberg Traurig as counsel to advise the company regarding its options for effectuating a financial restructuring. As a result, AAC emerged from chapter 11 with a significantly improved balance sheet, reducing the company’s secured debt and preserving its 2,500 employees. It is now in a position for growth as the first company to truly transform the treatment of substance abuse and meet the critical need for effective clinical care and treatment solutions.
The firm’s team consisted of Shareholders David B. Kurzweil in Atlanta and Nancy A. Peterman in Chicago; Alison Elko Franklin and John J. Dyer in Atlanta; Eric J. Howe in Minneapolis; Kenneth Zuckerbrot and Pallav Raghuvanshi in New York; and Associates Matthew A. Petrie and Victoria Bartlett in Atlanta and Danny Duerdoth in Chicago.
“We are honored to be recognized by the TMA and proud of our team’s high caliber and commitment to providing our clients with quality legal services,” David B. Kurzweil, who is co-chair of the firm’s global Restructuring & Bankruptcy Practice and co-chair of the Financial Institutions Practice, said.
Award recipients will be recognized at The 2021 TMA Annual, Oct. 26-29, 2021 at the Grand Hyatt Nashville. According to their website, the TMA is the most professionally diverse organization in the corporate restructuring and corporate health space and has almost 10,000 members in 54 chapters worldwide. Members include turnaround practitioners, attorneys, accountants, advisors, liquidators, consultants, as well as academics, government employees, and members of the judiciary.
Original source can be found here.