Turnarounds & Workouts named Milbank Financial Restructuring partner Michael Price as “Outstanding Young Restructuring Lawyer.” The list honors 12 attorneys under the age of 40 who are leaders in the restructuring and bankruptcy field.
Mike was recognized for his work in 2020 advising clients in a variety of industries, including advising an ad hoc group of noteholders on the restructuring of Frontier Communications, the largest pre-arranged restructuring of 2020 and second-largest chapter filing of the year; representing Guitar Center on its 27-day chapter 11 cases in the Eastern District of Virginia—among the fastest ever for a large retail debtor; leading debtor Gemstone Solutions Group (formerly known as Gymboree Group) to emerge from chapter 11 using an innovative “opt-out” treatment for administrative claims; and advising an ad hoc group of over 20 institutions that anchored an out-of-court exchange transaction with respect to over $2 billion of subordinated bonds issued by AMC Entertainment, the world’s largest movie theater chain.
