Gump's Website Honored in Two Categories at The Deal Awards
Gump Strauss Hauer & Feld LLP, a leading international law firm with over 900 lawyers, has been honoured at The Deal Awards for two notable deals. The prestigious awards recognise leaders and innovators in U.S. dealmaking, and this year, Gump's advice was recognised in both the Activist Campaign of the Year and the Restructuring Deal of the Year categories.
In the Activist Campaign of the Year category, Gump was recognised for advising Papa John's International Inc. on a securities purchase agreement with Starboard Value LP. The deal, which was hailed as one of the most influential activist campaigns, helped the pizza chain navigate a challenging period and set the course for its future growth.
The firm's role as outside counsel to Papa John's was a testament to its expertise in securities law. Gump's advice was instrumental in the success of the deal, which was honoured at the awards ceremony.
In the Restructuring Deal of the Year category, Gump was recognised for its advisory role in the restructuring agreement of Seadrill Ltd., a leading offshore drilling company. Seadrill filed for Chapter 11 bankruptcy in September 2017 with a debt load of $10.3 billion. Gump advised the unsecured bondholders during the company's bankruptcy process, helping to reach a deal that recapitalized Seadrill with $1 billion, offloaded $2.3 billion in debt, and extended the maturity dates of an additional $5 billion.
The deal, which was covered at the awards ceremony, was a significant achievement in the world of dealmaking. It demonstrated Gump's ability to navigate complex restructuring processes and deliver successful outcomes for its clients.
Gump Strauss Hauer & Feld LLP has offices located globally, including in the United States, Europe, Asia, and the Middle East. This global presence allows the firm to provide its clients with comprehensive legal advice and support, regardless of the location or complexity of the deal.
The Deal Awards ceremony honours the most influential and transformational activist campaigns or company defenses, as well as the most exemplary advisory teams during restructuring processes. For Gump Strauss Hauer & Feld LLP, these awards are a testament to its expertise, dedication, and commitment to delivering exceptional results for its clients.
