The Global M&A Network recognized Haynes Boone for its work on a deal honored at the 2021 Turnaround Atlas Awards during a virtual ceremony on January 22.
The Turnaround Atlas awards honor excellence within the worldwide restructuring and turnaround communities. Over the last 12 years, winners have been selected independently based on the deal performance criteria via a performance benchmark index.
“The award validates excellence, tireless work of professionals and firms from the industry,” said Shanta Kumari, CEO and Global Group Editor at Global M&A Network. “Winners should take pride for effectuating successful restructurings, proving their creativity, expertise and differentiated talents."
Haynes Boone lawyers received the Special Situation M&A Deal of the Year Award for their work representing Contango Oil & Gas Company in its acquisition of White Star Petroleum LLC’s assets. Partner Eli Columbus led the team of lawyers and professionals that represented Contango. The team also included Partners Austin Elam and Matt Ferris, Associate Chris Reagen, and Professional Landmen Randy Browne and Ashleigh Gibbs.
The firm represented Contango in the acquisition of assets from White Star and certain affiliates as a part of the White Star Chapter 11 bankruptcy 363 sales process. Contango acquired substantially all of White Star’s assets for a total purchase price of $132.5 million subject to normal and customary closing adjustments.
The Haynes Boone Restructuring Practice Group handles issues in large and complex out-of-court financial restructurings and Chapter 11 reorganization cases. Chambers USA, Chambers and Partners, 2020 ranks the practice as a market leader, and clients describe the lawyers as “business-oriented attorneys.”
Haynes Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With more than 575 lawyers, Haynes Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also was recognized across the board for excellence in the BTI Consulting Group’s 2020 “A-Team” report, which identifies the law firms that in-house counsel commend for providing superior client service.