Greenberg Traurig Congratulates Award Winning Teams Recognized at 20th Annual Turnaround Awards

NEW YORK - February 3, 2026 - Greenberg Traurig, LLP is proud to congratulate the deal teams recognized as winners at the 20th Annual Turnaround Awards, presented by The M&A Advisor. These honors celebrate the firm's excellence in restructuring, corporate finance, and complex transactional work, reinforcing Greenberg Traurig's position as a leader in navigating multidisciplinary matters across industries.

The awards will be formally presented at a gala March 24 during the 2026 Distressed Investing Summit at The Four Seasons Resort in Palm Beach, Fla., Greenberg Traurig's wins include the Section 363 Sale of the Year ($250MM to $500MM); Refinancing Deal of the Year (Over $1B); Cross-Border Restructuring of the Year ($100MM to $250MM); and Cross-Border Restructuring of the Year (Over $1B).

Section 363 Sale of the Year:

• A multioffice Greenberg Traurig team advised the debtors in the Air Pros Chapter 11 bankruptcy, successfully negotiating and obtaining court approval within 90 days for the sale of nine business units to six different purchasers, while preserving jobs for nearly all employees and ensuring uninterrupted service to over 1 million customers. This complex, multiparty restructuring maximized asset value for creditors, protected stakeholder interests, and enabled continued operations across eight states. The team was led by David B. Kurzweil.

Refinancing Deal of the Year:

• Greenberg Traurig represented Siris Capital Group in connection with Mavenir's recapitalization transaction, which eliminated more than $1.3 billion of existing indebtedness and secured $300 million in new senior financing. Following the transaction, Siris remained Mavenir's controlling owner. The transaction - completed on an accelerated timeline and involving multiple jurisdictions and stakeholders - resulted in a more stable capital structure, increased liquidity, and substantially reduced net leverage, positioning Mavenir for sustained growth and long-term success. The team was led by Shaun LevorEjim Achi and Oscar N. Pinkas.

Cross-Border Restructuring Deal of the Year:

• Advised Stellex Capital in the cross-border distressed acquisition of Rok Power, guiding the transaction through Canadian receivership and parallel U.S. Chapter 15 proceedings to acquire the company's U.S. operations via credit bid and facilitate a carveout sale of the Canadian business. The complex deal preserved hundreds of jobs, stabilized operations, and maximized value for stakeholders, positioning Rok Power for long-term growth and continuity. The team was led by Oscar N. Pinkas.

Cross-Border Restructuring of the Year:

• Representation of U.S. Bank as indenture trustee for over $600 million of notes in a cross-border restructuring, including as a committee member in the WOM Chile Chapter 11 cases. We held the largest unsecured claims in the cases by far, and were able to mediate disputes between the debtors, committee, and ad hoc group of noteholders to facilitate a restructuring whereby the noteholders took ownership and recovery to unsecured creditors was maximized at 30%. U.S. Bank is also the liquidating trustee, assigned to adjudicate claims and make the plan distributions. The team was led by Oscar N. Pinkas.

"We are honored to be recognized across multiple award categories this year," said Shari L. Heyen and Oscar N. Pinkas, co-chairs of the Restructuring & Special Situations Practice. "These awards reflect the unwavering dedication, ingenuity, and collaborative strength of our restructuring, finance, and transactional teams. We are proud to help guide clients through their most critical and transformative moments. Greenberg Traurig extends its congratulations to all colleagues, co-counsel, advisers, and industry partners recognized this year."