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Recognition

Latham & Watkins Advised on 2024’s Largest Bankruptcies and Successful Restructurings

February 25, 2025
Turnarounds & Workouts
Restructuring & Special Situations Practice advised on 11 matters selected among the most notable of the past year by Turnarounds & Workouts. 

Turnarounds & Workouts has recognized Latham & Watkins in two of the publication’s Special Reports, “Largest Chapter 11 Bankruptcy Cases of 2024” and “Successful Restructurings of 2024,” for advising on the most significant matters of the past year. Latham’s inclusion in the Special Reports highlights the firm’s collaboration across disciplines and borders to deliver successful outcomes for clients.

Latham advised on the following matters included in the “Largest Chapter 11 Bankruptcy Cases of 2024” Special Report:

  • 2U, Inc.
  • Audacy, Inc.
  • JOANN, Inc.
  • The Container Store Group, Inc.
  • Robertshaw US Holdings Corporation

In addition, Latham represented distressed companies and creditors in the following matters selected as the most “Successful Restructurings of 2024,” an annual list highlighting corporate restructurings that contributed to continuing business operations, paying creditors, and saving jobs:

  • 2U, Inc.
  • Afiniti, Ltd.
  • Audacy, Inc.
  • Celsius Network, Ltd.
  • P&L Development Holdings, LLC
  • Robertshaw US Holdings Corporation
  • Scandinavian Airlines Systems
  • SI Group, Inc.
  • Zhongliang Holdings Group Company, Ltd.

Endnotes