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Simpson Thacher Matters Named “Successful Restructurings of 2020” by Turnarounds & Workouts

01.31.21

Several Simpson Thacher matters were named “Successful Restructurings of 2020” by Turnarounds & Workouts. The restructurings on which the Firm advised included:

  • Fusion Connect’s chapter 11 restructuring, in which the Firm represented the ad hoc group of first lien lenders
  • PG&E’s chapter 11 bankruptcy process, in which Simpson Thacher advised the Board of Directors of PG&E
  • Pyxus International’s prepackaged financial restructuring, in which the Firm represented the company
  • Salt Creek Midstream’s comprehensive restructuring, in which Simpson Thacher advised ARM Energy

Turnarounds & Workouts’ annual list recognizes standout restructurings that continued business operations, saved jobs and paid creditors.