Curated Experience For

< News

Stretto Recognized In M&A Advisor Turnaround Awards As Claims Agent For Chapter 11 Reorganization Of The Year And Restructuring Of The Year

February 23, 2023

IRVINE, Calif., February 23, 2023 – As part of the 17th Annual Turnaround Awards, the M&A Advisor recognized Stretto as the claims and noticing agent in two award-winning cases. In the Chapter 11 Reorganization of the Year category, Stretto was recognized for its role in the Red River Waste Solutions case and in the Restructuring of the Year Award category for its role in the Intelsat S.A. case.

“Since 2002, we have been honoring the leading turnaround transac­tions, companies and dealmakers. It gives us a great pleasure to recognize Stretto and bestow upon them our highest honor for distressed investing and restructuring firms and professionals,” said Roger Aguinaldo, founder and CEO of The M&A Advisor. “Stretto represents the best of the distressed investing and reorganization industry in 2022.”

Stretto’s corporate restructuring services provide solutions and support that enable clients to focus on the substantive matters of their transactions by alleviating case-management burdens. With decades of experience, its claims and noticing practice provides innovative services and proprietary case-management technology to monitor claims activity, provide real-time updates and reporting on the status of each case. As a result, professionals and their teams gain greater efficiencies which ultimately can benefit the estate and recoveries to all stakeholders.

“We’re honored to be recognized as part of the teams that led these award-winning cases to a successful outcome,” comments Jonathan Carson, co-CEO of Stretto. “As a claims and noticing agent, Stretto strives to provide tailored, efficient solutions to support our clients’ restructuring needs and it’s incredibly rewarding to be recognized for these efforts.”

The M&A Advisor will host an awards gala to honor the award recipients as part of the 2023 Distressed Investing Summit. The Summit will take place on March 21-22, 2023 and host more than 150 of the industry’s leading professionals participating in exclusive interactive forums, sessions, roundtable discussions, and one-on-one meetings led by a faculty of restructuring industry stalwarts.

For a complete list of the Award Winners for the 17th Annual Turnaround Awards please click here. 

About Stretto

Stretto delivers a full spectrum of technology tools, case-management services, and depository solutions to fiduciaries. Offering a comprehensive suite of corporate-restructuring and consumer-bankruptcy capabilities along with multi-faceted deposit and disbursement services, Stretto provides an unparalleled portfolio of solutions under the executive leadership of industry veterans Eric Kurtzman and Jonathan Carson.  Sitting at the center of the bankruptcy ecosystem, Stretto leverages deep-industry expertise and market insights to facilitate every aspect of case and cash management for its corporate-restructuring and consumer-bankruptcy clients, as well as fiduciaries and other industry professionals.  For more information about Stretto, visit www.stretto.com.

About The M&A Advisor

Now in its 24th year, The M&A Advisor was founded to offer insights and intelligence on mergers and acquisitions, establishing the industry’s leading media outlet in 1998. Today, the firm is recognized as the world’s premier leadership organization for mergers & acquisition, restructuring and corporate finance professionals, delivering a range of integrated services from offices in New York and London. www.maadvisor.com.

Media Contact:
Cristina Terrasini
310.775.7615
cristina.terrasini@stretto.com

February 23, 2023