This award demonstrates the leading position the firm holds in the area of financial restructuring, and represents the seventh restructuring award it has won in the past year.
'We are delighted that our work has been recognised by this prestigious award', said David Preiser, Senior Managing Director in the firm’s Financial Restructuring business and Chairman of Houlihan Lokey, Europe. 'It demonstrates our extensive track record of delivering exceptional results on often complex, multi-jurisdictional transactions, and is a testament to how our specialist expertise benefits our clients', he added.
The judges specifically highlighted Houlihan Lokey’s ability to gain consensus between divergent stakeholders in large and complex transactions, which they considered to be the most important skill of a restructuring adviser. They also singled out the firm’s innovative approach to transactions in often groundbreaking situations. The firm’s work on a number of landmark restructuring deals over the past year was also recognised by the judges including Lehman Brothers and Capmark Financial Group in the U.S., eircom and AfriSam in EMEA, and Centro Properties Group in Asia-Pacific.
Now in their 21st year, Euromoney’s Awards for Excellence are considered one of the leading global awards for financial services, covering almost 100 countries worldwide. The awards have the central aim of recognising banks and financial firms that demonstrate outstanding leadership, innovation, and momentum in the markets they serve.