Paul Hastings LLP has once again been recognized in the Global Restructuring Review's 2023 GRR 100 list, underscoring its prominence in cross-border restructuring and insolvency.

Paul Hastings was noted for its significant contributions to high-profile cryptocurrency bankruptcies. It plays a pivotal role in advising the Official Committee of Unsecured Creditors in the FTX chapter 11 cases, and acted as special counsel on regulatory matters to embattled crypto platform Voyager Digital. GRR further noted that the firm’s innovative legal strategies were instrumental in advising MIE Holdings on a unique combination of a Cayman scheme and Chapter 15 recognition, and an ad hoc group in surf apparel retailer Boardriders’ restructuring, which led to a high-profile creditor dispute in the New York Supreme Court. Additionally, the firm’s role in the restructuring of LATAM, the largest airline in South America, was highlighted. Acting for the indenture trustee of Chilean bonds, Paul Hastings played a critical part in a multifaceted restructuring process, showcasing its ability to deliver successful outcomes in complex, cross-border cases.