Lowenstein Ranked in Reorg’s League Tables for Most Retained Legal Advisor for Creditors

Reorg, the premier global provider of credit data, analytics, and intelligence, has included Lowenstein Sandler's Bankruptcy & Restructuring Department in its Americas Restructuring Advisor Rankings in several categories, including Most Retained Legal Advisor for Creditors.

The rankings (also known as league tables) examine legal advisors, financial advisors, and investment bankers from a variety of angles. Using primary and proprietary data from Credit Cloud, Reorg ranks advisors on the basis of their involvement in the restructuring market during the Q1-Q3 period. Reorg's ranking report provides fresh perspectives and insights related to the costs of Chapter 11 cases and advisors' final approved earnings from those cases.

Reorg's retention tables show the total number of engagements for each advisor retained, split into debtor/company and creditor/other segments, and combine both in-court and out-of-court advisors to show a holistic view of the period's restructuring activity.

Lowenstein also ranked in the categories of Highest Earning Legal Advisor and Highest Earning Legal Advisor-UCC.

The advisor fee league tables attribute fees based on the date the Bankruptcy Court approved the advisor's fees on a final basis. Fees are included if the final fee order was entered by the Bankruptcy Court within the Q1-Q3 period of 2024. This report also breaks fees down on a per case basis to identify which advisors earned the most for work on a single case, as well as on a per diem basis to identify the highest earnings relative to the number of days worked (the "fee period") on the bankruptcy case under the final fee application.

Noteworthy representations by the firm's Bankruptcy & Restructuring Department in 2024 have included creditor committees in Chapter 11 bankruptcies of:

• DRF Logistics, LLC
• One Table Restaurant Brands
• Mountain Sports LLC (dba Eastern Mountain Sports and Bob's Stores)
• Nevada Copper, Inc.
• New rue21 Holdco, Inc.
• Franciscan Friars of California, Inc.
• Proterra Liquidating Trust
  
  

About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.