Orrick Recognized with Two “Restructuring of the Year” Awards


1 minute read | May.14.2026

Orrick received two honors at Global M&A Network’s 18th Annual Turnaround Atlas Awards, recognizing excellence in restructuring and turnaround transactions.

The firm received “Consumer Restructuring of the Year” for its work advising the Official Committee of Unsecured Creditors on the Chapter 11 reorganization and sale of multiple assets of IG Design Group Americas (Lion Ribbon Texas Corp). Orrick also received “Leisure & Hospitality Restructuring of the Year” for advising the Official Committee of Unsecured Creditors in the Avant Gardner Chapter 11 reorganization and acquisition by Axar Capital.

The honors reflect Orrick’s strength in guiding clients through complex Chapter 11 matters across a range of industries.