LONDON – March 13, 2024 – Global law firm Greenberg Traurig, LLP earned the top spot in Reorg’s Europe, Middle East, and Africa (EMEA) Advisor Rankings 2023 as the most engaged legal advisor for mid-market restructurings, with 16 engagements across the year, and is ranked in the top 10 for large-cap restructurings that have a total debt size of over €250 million.
The firm performed equally strongly, in both the company-side and creditor-side league tables, with key accolades including:
- Number 1 for mid-market overall
- Number 1 for mid-market company-side
- Number 1 for mid-market creditor-side
- Top 10 for large-cap overall
- Top 10 for large-cap company-side
- Top 10 for large-cap creditor-side
Reorg’s EMEA Advisor Rankings analyse the engagements of both legal and financial advisors in newly initiated restructurings, according to the publication.
Reorg’s recognition caps a highly successful year for Greenberg Traurig’s Restructuring team. A cross-border London and Berlin team recently advised senior creditors on the Part 26 A restructuring plan for Project Fürst, a German real estate development backed by international lenders, which was sanctioned by the English High Court in March 2024. In addition, Greenberg Traurig advised the debtor in the high-profile Prezzo Part 26A restructuring plan, sanctioned by the High Court in July 2023. The team also made a rapid ascent into the GRR 30 2023 ranking of the world’s leading restructuring advisors, described by GRR as a “stunning debut,” and was shortlisted for Corporate (Restructuring) Team of the Year at the British Legal Awards 2023.
John Houghton, co-vice chair of Greenberg Traurig’s Global Restructuring & Bankruptcy Practice, said, “With over 120 lawyers across Greenberg Traurig’s 47 locations, our Restructuring Practice has seen accelerated growth over the past year. Given current global macro-economic pressures and geo-political instability, coupled with local market challenges, we expect to continue to see increased activity across the EMEA region throughout 2024, and are well-placed to advise both company-side and creditor-side.”
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.