Pillsbury has again earned a place among the world’s leading restructuring practices, appearing in Global Restructuring Review’s 2025 GRR 100 guide. The publication showcases top law firms handling cross-border restructurings and insolvency matters. Pillsbury is one of just 153 firms representing 41 jurisdictions across the globe to receive this recognition.

This distinction underscores Pillsbury’s substantial involvement in high-profile restructuring matters during 2024, including its key role in advising major creditors in Avianca’s multibillion-dollar chapter 11 proceedings. The firm acted for Crédit Agricole Corporate and Investment Bank, Norddeutsche Landesbank Girozentrale and Airbus, contributing significantly to Avianca’s successful restructuring outcome.

The guide highlighted a number of other significant accomplishments, including the firm’s representation of Nikola Corporation in its successful chapter 11 restructuring before the Delaware bankruptcy court; British sports-gaming startup Eterlast in the pre-pack administration sale to Delaware-incorporated Joyloop Inc.; and aircraft lessor AerCap in the chapter 11 restructuring of Azul, Brazil’s largest airline, in the Southern District of New York. These matters, among others, reflect the firm’s broad cross-border capabilities, sophisticated restructuring expertise and successful advocacy for a broad range of clients in varied industries and locations.

Beyond the firm’s prominent ranking, the guide also spotlighted several members of the restructuring team as leading practitioners in the field. Practice section leader Andrew Troop, together with New York-based partners Rahman Connelly, Patrick Fitzmaurice, Hugh McDonald and John Pintarelli, as well as Dania Slim (Palm Beach), Joshua Morse (San Francisco), Patrick Potter (Washington, DC) and Hugh Ray, III (Houston) were all recognized. Collectively, these professionals have demonstrated expertise in the full range of financial distress matters—from debtor-in-possession financing and debt-trading disputes to post-confirmation litigation to challenging executory contract and lease disputes.

The profile further features standout client feedback, including one testimonial that praises the partners as “proper team players, as well as highly commercial and excellent litigators.” Both John Pintarelli and Patrick Fitzmaurice earned special recognition: one client lauding Pintarelli as “probably the hardest-working lawyer [they] have ever worked with,” while another singled out Fitzmaurice as an “excellent litigator.”

Click here to read the firm’s full GRR 100 profile (subscription required).

Pillsbury’s Insolvency & Restructuring practice is recognized for innovative representation of financially distressed entities, creditors’ rights work for financial institutions and strategic advice to stakeholders dealing with troubled projects. The lawyers devise cutting-edge solutions for banks and other financial institutions, secured and unsecured creditors, debtors and borrowers, indenture trustees, distressed investors, acquirors, lessors and other interested parties. Additionally, the team helps clients navigate challenging business cycles, bankruptcies, complex restructurings and workouts. Learn more about Pillsbury’s Insolvency & Restructuring practice here.