Top 100 Restructuring Professionals

“Distinction in Dealmaking”

Exclusive published by Global M&A Network, the 9th annual list features highly respected, successful and innovative group of 25 consultants, 25 investment bankers and 50 lawyers from the restructuring and turnaround communities this year.

Highly competitive process begins with evaluating firms and best performing or “Turnaround Atlas Awards” winning transactions closed during the 2021. Selection is then narrowed to a single professional from the firm based on their experience, differentiated expertise, and transactions completed among additional attributes. Only one professional is selected from the practice group at the firm per year.

Join us in congratulating top performing professionals and the firm’s they represent!


Teresa C. Kohl

Teresa is responsible for originating and leading investment banking transactions. She has completed over 150 restructuring matters including refinancing and sale transactions for middle market companies in bankruptcy proceedings and out-of-court workouts. Prior to her transition to investment banking, she led financial and operational restructuring engagements for boutique advisory firms. Teresa has received numerous awards, including the Global M&A Network’s SHE for SHE Leader Award, the Top Restructuring Investment Banker (2022), the M&A Advisor’s Distressed M&A Dealmaker of the Year Award (2021, 2019), and TMA Global’s Outstanding Individual Contribution Award (2017). In addition, she was named a U.S.A. Top Women Dealmaker by the Global M&A Network (2019).


Mike Krakovsky

Michael has over 20 years of experience providing advice on a wide range of special situations transactions. He has advised middle-market debtors and creditors on numerous in-court and out-of-court restructuring transactions and has focused on distressed companies as both an investment banker and a principal investor. Prior to joining Stout in 2016, he spent 13 years in Houlihan Lokey’s Financial Restructuring Group. He is also a former attorney, having begun his career as a transactional lawyer with Irell & Manella.

What Michael most enjoys about your career... To be an effective special situations advisor, you need to understand the company’s specific business issues, capital market options, motivations of the key creditors, and the bankruptcy context that deals are negotiated in whether in- or out-of-court. This leverages many of my personal strengths and interests and provides a platform for continued professional growth.


Jay Krasoff

Jay is responsible for the strategic direction of the firm and corporate growth. His experience as CFO, CPA, and President have led him to success in challenging financial client engagements. Jay’s engagements for financial restructurings have included representation of debtors, distressed bondholders, buyers of distressed debt, lenders to distressed debtors, secured creditors and Official and Ad Hoc Committees. He has provided services in both upstream and downstream energy, real estate, extractive industries, manufacturing, environmental, distribution, health care, and retail industries.


David S. Kurtz

David has been involved in broad range of largest, most complex restructurings over the years. Prior to joining Lazard in 2002, he was a senior partner at Skadden Arps Slate Meagher & Flom. In 2012 he was appointed Vice Chairman of U.S. Investment Banking and Head of Global Restructuring. He earned his J.D and B.A., from Case Western Reserve University. Mr. Kurtz was awarded the “Global Restructuring Investment Banker” accolade at the Turnaround Atlas Awards.


Elizabeth LaPuma

Elizabeth is a financial expert and advisor with nearly 20 years of experience, with focus on financing, structuring and M&A. She has completed the sale of public and private companies, buy-side advisories and fairness opinions, public and private debt and equity offerings, leading all phases of transactions. Previously Elizabeth ran Alvarez & Marsal’s Asset Management practice. Earlier, she worked at Lazard Freres & Co. within their financial institutions and restructuring group, leading teams in three of the 10 largest bankruptcies during the financial crisis. Ms. LaPuma earned a B.S. in finance and an MBA from the Wharton School, and a B.A. from the School of Arts and Sciences, University of Pennsylvania.


Richard Morgner

Rich has executed advisory transactions, including restructurings and reorganizations, exchange offers, distressed sales, mergers and acquisitions, exclusive sales, management and leveraged buyouts. Mr. Morgner has been qualified as a valuation expert in federal court and chairs the Jefferies Fairness / Valuation Committee and member of Advisory New Business Review Committee. Prior to joining Jefferies, Rich served as a managing director and co-head of M&A at Miller Buckfire & Co. Mr. Morgner graduated with AB in History from Dartmouth College.

What Rich values about his career... Helping companies improve their balance sheets so that they can preserve jobs and position themselves for future growth and a return to profitability. Finding solutions to complex financial problems.


Homer Parkhill

Homer has over 23 years of restructuring, reorganization and strategic advisory expertise and has been central to Rothschild's Restructuring group's success during his 20-year tenure with the firm. He advises U.S. and international debtors and creditors. His experience also includes a wealth of distressed merger and acquisition transaction experience and a track record of successful expert witness testimony on financing and valuation matters.


Charles C. Reardon

Charlie has led restructuring and distressed M&A engagements with nationally recognized firms for over the last 19 years. He has also served on boards as a special situation director and as a CRO (or directing other Asgaard CROs). Drawing on an unusually broad skillset, including those of a Yale Law educated New York lawyer and owner operator of multiple businesses during earlier stages of his career, Charlie provides expert assessments, teams, and value-maximizing initiatives, especially when 363 sales are likely. He knows U.S. Bankruptcy Code’s arcane rules and processes. Management, board members, and stakeholders unfamiliar with bankruptcy receive effective counsel at each step. Having represented virtually every major constituency in distressed situations, he knows what parties must get in order to gain their required support, and bridges divides to achieve goals. Transactions led by Reardon and Asgaard Capital have won five M&A Advisor and the Turnaround Atlas Awards.

What Charlie values about his career... I focus on creating material value for a company’s constituents, stabilize businesses and find well-capitalized buyers. Particularly relish Asgaard’s successes in retaining/rebooting companies in less affluent areas, thereby supporting families of company employees and suppliers, and tax bases that support critical community services.


Geoffrey Richards

Geoff has more than 20 years of transaction experience in an extensive range of financing, restructuring and mergers and acquisitions engagements. He has advised public and private companies, private equity sponsors and other institutional investors on a variety of credit solutions. Mr. Richards was previously head of North America debt finance and restructuring at Canaccord Genuity Group, head of special situations and restructuring at William Blair & Co and a partner in the Kirkland & Ellis LLP restructuring practice. Mr. Richards was recipient of “Restructuring Investment Banker” accolade at the Turnaround Atlas Awards.

What Charlie values about his career... I focus on creating material value for a company’s constituents, stabilize businesses and find well-capitalized buyers. Particularly relish Asgaard’s successes in retaining/rebooting companies in less affluent areas, thereby supporting families of company employees and suppliers, and tax bases that support critical community services.


Michael J. Sellinger

Michael joined GLC in 2009 and has worked on numerous in-court and out-of-court restructurings involving issuers from a range of industries. His recent experience includes representing Brookstone in its Chapter 11 filing and creditors in the bankruptcies of iHeart Communications, McClatchy and Toys R Us. Mr. Sellinger was previously a Director in UBS’s Restructuring and Growth Capital Groups in San Francisco. Michael holds a BBA from the Stephen M. Ross School of Business at the University of Michigan.