Winners of M&A Advisor's 13th annual Turnaround Awards were revealed this week at a gala event in Palm Beach, and Pillsbury is pleased to announce that a cross-practice team won Restructuring of the Year ($10 million - $25 million) category for its work on an extraordinarily complex Chapter 11 restructuring for the Lynnhill Condominium Association.

In March 2018, a team led by Insolvency & Restructuring partner Patrick Potter and counsel Dania Slim achieved confirmation of the association’s reorganization plan, including the successful $17 million bankruptcy auction of the association’s buildings in Temple Hills, Md. Slim conducted the successful auction and, together with Potter and partner Andrew Troop, litigated and negotiated the fully consensual reorganization plan approved by the court. Also on the team were Real Estate partner David Miller and associate Nik Holtan, along with Insolvency & Restructuring senior associate Jason Sharp and associate Andrew Alfano.