Overview
November 21, 2024 – International law firm McDermott Will & Emery has been honored with the Large Turnaround of the Year award at the Turnaround Management Association’s (TMA) 2024 Chicago/Midwest Chapter Awards for its role in the restructuring of Output Services Group, Inc. (OSG).
OSG successfully completed its reorganization, emerging from chapter 11 with a strong balance sheet and new ownership group. The reorganization included exiting its UK business and significantly reducing its debt burden, positioning OSG for growth in its core North American operations. A McDermott team led by Brad Giordano and Felicia Perlman played a crucial role in this process, serving as OSG’s legal counsel and providing essential guidance throughout the reorganization.
The annual TMA Chicago/Midwest Chapter Awards program celebrates outstanding contributions in the turnaround and restructuring industry, providing companies and individuals with area-wide visibility and recognition for their achievements.
View the full list of honorees here.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers, and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.