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Leading Restructuring Firms Of 2006

Law360 (December 22, 2006, 12:00 AM EST) -- With bankruptcy filings way down, the competition to serve as debtors’ restructuring/financial advisor heated up in 2006. While a few select firms seemed to dominate the year’s biggest bankruptcies, the “beauty contest” in the turnaround world is intensifying, with millions of dollars at stake.

The list of the leading restructuring firms of 2006 follows:

* Rank, Debtor, Assets, Restructuring Firm/Financial Advisor *

1. Dana Corp., $9,047,000,000, AlixPartners LLC

Shortly after entering bankruptcy protection in March, Dana Corp. decided to retain big-name restructuring firm AlixPartners LLC to...
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