This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Deal Announces Results Of Q2 2014 Bankruptcy League Tables

NEW YORK, July 23, 2014 /PRNewswire/ --  The Deal, TheStreet's (NASDAQ: TST) institutional business, announced the results of their quarterly rankings of the top firms and professionals involved in active bankruptcy cases for the second quarter of 2014. Starting with this quarter, data collected will capture only active restructuring work on ongoing U.S. and Canadian cases.
The Deal logo

"While the total number of restructurings continued to trend down in the second quarter, we saw some interesting activity in the energy sector," reported Anders Melin, Senior Editorial Research Coordinator for The Deal. "The common denominator for several of the larger cases is coal. As the debate on global warming grows louder, coal-based electricity generation is increasingly falling out of favor, and experts tell us that we will likely see more restructurings in that sector over the next few years, which will make an imprint on the bankruptcy league tables."

League Table highlights:
  • Top law firms were Saul Ewing LLP with $1,091.8 billion in liabilities; Vedder Price PC with $1,072.7 billion in liabilities; Akin Gump Strauss Hauer & Feld LLP with $1,053.7 billion in liabilities; Duane Morris LLP with $979.8 billion in liabilities and Morgan, Lewis & Bockius LLP with $970.1 billion in liabilities.
  • Amongst lawyers, Michael Schein ( Vedder Price PC) held on to his top ranking from Q2 through Q1 2014, followed by Richard Hahn (Debevoise & Plimpton LLP) maintaining his ranking from Q1 2014, Douglas Rosner (Goulston & Storrs PC), Andrew Gottfried (Morgan, Lewis & Bockius LLP) and Scott Davidson (King & Spalding LLP).  
  • For investment banks, the top two banks held on to their positions from Q1 2014. Blackstone Group LP maintained its lead with $786.2 billion in liabilities and Miller Buckfire & Co. LLC came in second with $674.3 billion in liabilities. They were followed by Jefferies LLC with $106.4 billion in liabilities, Centerview Partners LLC with $65.0 billion in liabilities and Peter J. Solomon Co. with $54.4 billion in liabilities.
  • The top three investment bankers held onto their rankings from Q1 with Timothy Coleman (Blackstone Group LP) in the lead, followed by Stuart Erickson ( Miller Buckfire & Co. LLC) and Leon Szlezinger (Jefferies LLC). Steven Zelin (Blackstone Group LP) ranked fourth and Richard Klein (Jefferies LLC) and Robert White (Jefferies LLC) tied for the fifth place spot in the rankings.

The full suite of rankings is available now on The Deal Pipeline, the transaction information service powered by The Deal's newsroom and the full report is also available online.

About The Deal's Bankruptcy League TablesThe Deal's Bankruptcy League Tables are the industry's only league tables focused solely on active bankruptcy cases. The Bankruptcy League Tables by volume involve only active U.S. bankruptcy cases of debtors with liabilities of $10 million or more. The rankings are based on the aggregation of those liability values. The table reflects the number of active cases fitting that criteria and may not characterize the total number of active cases. Firms and professionals only get one credit for each active case, not each active assignment. The Bankruptcy League Tables by number involve U.S. and Canadian bankruptcy cases irrespective of debtor asset size. Professionals receive credit for multiple assignments on one case.

About The DealThe Deal, a business unit of TheStreet, has been serving corporate dealmakers, advisers and institutional investors the most sophisticated analysis of the deal economy since 1999. Our transaction information service, The Deal Pipeline, is powered by a newsroom of senior journalists who offer proprietary research and reporting across M&A, bankruptcies, auctions and financings. It includes a breaking news service, First Take; daily and weekly sector newsletters; The Daily Deal, a 2x daily report of the day's top stories; a research center with over a decade's worth of intelligence and a database of over 100,000 deals; and an iPad app. Our marketing & media services group produces the industry's leading forecasting event, The Deal Economy, held annually in New York City in addition to industry webcasts and integrated marketing programs. For more information, visit

CONTACT: Emily Scheer 212.321.5521

Logo -

SOURCE TheStreet, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs