On May 16, Willkie was recognized at the IFLR Americas Awards 2019 in New York in the category of “Private Equity Deal of the Year.” Willkie was recognized specifically for its representation of Brookfield Business Partners in its $4.6 billion bankruptcy acquisition of Westinghouse Electric Company, a leading global provider of infrastructure services to the power generation industry, which closed on August 1, 2018. Additionally, the firm was shortlisted for its restructuring role in the Brookfield/Westinghouse and Fieldwood Energy matters, and for Private Equity Law Firm of the Year.
The Willkie team representing Brookfield was led by partners Matthew Feldman, William Gump and John Longmire who advised Brookfield on all aspects of the complex transaction, including obtaining regulatory approvals throughout the world, financing, and successful confirmation and implementation of Westinghouse’s chapter 11 plan. The Willkie financing team was led by partner Leonard Klingbaum. Read Willkie’s August 2, 2018 announcement.
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