Sidley was ranked the number one law firm advising on bankruptcy transactions in The Deal’s first-half 2024 league tables. Published July 15, 2024, the rankings are based on liabilities over a rolling twelve-month period. Sidley assisted clients in restructuring filings totaling over US$63 billion in liabilities for the period from July 1, 2023 through June 30, 2024. The Deal’s Restructuring Insider highlighted “the ascendance of Sidley Austin from fifth to first place among law firms,” since Q1 2024.
In addition, the firm is ranked the number three counsel for out-of-court restructurings for the same period by The Deal. The out-of-court rankings are based on number of deals on behalf of distressed companies experiencing financial restructuring ongoing or completed in the last rolling twelve months. Sidley has maintained its number three Q1 2024 position in the out-of-court rankings with fourteen deals — coming in a close third to the number two firm, which clocked fifteen deals during the twelve-month period.
The firm also fared well in other first-half 2024 leagues. Reorg ranked Sidley the number three “Most Retained Legal Advisor – Company/Debtor,” and Debtwire ranked Sidley number five in their “Lead Counsel” rankings.
The Deal covers corporate transactions, dealmakers, and their advisers. Reporting includes perspectives on current bankruptcy and restructuring situations, and coverage of companies that may be in need of advisory assistance. Reorg is a global provider of data, analytics, and credit intelligence for over 30,000 leveraged finance and restructuring professionals. Debtwire is a provider of news, data, and analysis on global leveraged credit, and a service of ION Analytics, a publisher of analytics and insights, and a strategic consultant to financial institutions, central banks, governments, and corporates.
