Lincoln International Recognized with Two 2021 Turnaround Management Association Awards

Lincoln International is pleased to have won two Turnaround Management Association’s (TMA’s) 2021 Turnaround/Transaction of the Year Awards. Lincoln won the Small Company Award for the Valeritas transaction, led by Brendan Murphy, and the Mega Company Award for the PG&E Corporation transaction, led by Brent Williams. Brendan and Brent are both Managing Directors in Lincoln’s Capital Advisory | Special Situations Group.

The Turnaround Management Association is the premier nonprofit serving corporate renewal and restructuring professionals worldwide. Awards are chosen based on a rigorous peer-review by the TMA Awards Committee, requiring extensive diligence of each nominated case with winners ultimately chosen based upon the well-defined, measurable outcomes of their transactions.

“This year’s award winners have made a significant impact on the global economy during one of the most challenging times for business in generations,” says TMA Global Chief Executive Officer Scott Y. Stuart, Esq.

Brent commented, “Working with BakerHostetler to support the fire victims throughout the restructuring process and subsequently negotiating a $13.5 billion settlement on their behalf proved to be a rewarding experience, both personally and professionally.”

“Successfully securing third-party debtor-in-possession financing in a matter of weeks, finding an international buyer for the company at the onset of the COVID-19 pandemic and concurrently negotiating a 9019 settlement with the existing secured lender was a direct result of the seamless and collaborative team efforts between the company’s professionals at DLA Piper, PwC and Lincoln,” added Brendan.