2026 Distressed Investing Summit & 20th Annual Turnaround Awards
The M&A Advisor presents the 2026 Distressed Investing Summit on March 23 and 24 in Palm Beach, Fla. The Summit gathers senior leaders of the global restructuring industry for a deal forum and the formal presentation of the 20th Annual Turnaround Awards.
Morris Nichols partner Rob Dehney spoke on the panel “Running the Business While Selling It: Preserving Value in a Distressed M&A Process” at the Deal Forum portion of the program.
In the evening on March 24, turnaround award winners were recognized at a gala.
The 20th Annual Turnaround Awards recognize the year’s leading distressed M&A transactions, restructuring, refinancing, products and services, firms, and dealmakers.
Morris Nichols represented parties involved in seven of the award-winning restructuring and transaction categories this year. Ranging from chapter 11 reorganization cases to asset sale and M&A deals, the matters reflect the depth of Morris Nichols’ Bankruptcy & Restructuring Group capabilities.
Restructuring of the Year ($500 mm to $1b):
Restructuring of Big Lots
Morris Nichols partners Robert J. Dehney, Sr. and Andrew R. Remming represented the debtor together with lead counsel Davis Polk.
363 Sale of the Year ($100mm to $250mm):
Acquisition of Royal Paper by Sofidel America Corp.
Morris Nichols partners Robert J. Dehney, Sr. and Matthew O. Talmo were lead debtors’ counsel.
Industrials Deal of the Year (over $100mm):
Restructuring and Going-Concern Sale of True Value to Do it Test Corp
Morris Nichols partner Curtis S. Miller represented a creditor.
Distressed M&A Deal of the Year ($100mm to $250mm):
Sale and Reorganization of Edgio, Inc.
Morris Nichols partner Derek C. Abbott represented a creditor.
Chapter 11 Reorganization of the Year ($500 mm to $1b):
Restructuring of Accuride Corporation
Morris Nichols partner Robert J. Dehney, Sr. represented creditors.
Chapter 11 Reorganization of the Year (over $5b):
Chapter 11 Reorganization and Liquidation of Silvergate Capital Corp.
Morris Nichols partner Curtis S. Miller represented an ad hoc group of underwriters.
Turnaround Award (over $100mm)
Sale of Claire’s Holdings
Morris Nichols partners Derek C. Abbott and Curtis S. Miller represented creditors.
View the complete list of 20th Annual Turnaround Awards winners on The M&A Advisor’s website.