IFLR1000 Reviews

Financial and corporate

Morris Nichols Arsht & Tunnell, founded in 1930, is considered one of the top firms for restructuring and insolvency work in the Delaware market. The firm is also a top firm for M&A in Delaware. Based in Wilmington, the firm is a member of TerraLex, a legal network which has over 600 offices in 100 countries.  

  

Focusses / specialisms 

The firm has a robust M&A practice, where often advises on alternative entities matters and serves as Delaware co-counsel on giant international deals. The firm works in a range of sectors and advises both acquirers and sellers. 

The firm remains a go-to firm for clients partaking in or approaching Chapter 11 bankruptcies. The firm advises a range of parties including debtors, creditors, acquirers and committees. 

  

Key clients 

Notable clients for the firm include Celgene, The Charles Schwab Corporation, Dr Pepper Snapple Group, Expedia, The Boston Herald, Crayola and KKR Credit Advisors. 

 

Research period review: 32nd edition (2022/2023) 

Over the research period, the M&A team acted for acquirers and targets in private equity and strategic acquisitions, with the majority of the transactions showing the team acting on the buy side. It also represented companies in mergers, as well as investment funds in fund launches. 

In restructuring and insolvency, the team acted for debtors and creditors in Chapter 11 and Chapter 7 proceedings, representing both sides equally. 

 

Deal highlights: 32nd edition (2022/2023) 

Alden Global Capital $430 million acquisition of Tribune Publishing Company 

Grupo Aeromexico Chapter 11