Summary
- Dentons US has been awarded Turnaround of the Year (Small Middle Market) at the Turnaround Atlas Awards for its role as restructuring counsel to Powin LLC during its Chapter 11 filing.
- Powin LLC, a former leader in battery energy storage systems, filed for Chapter 11 protection in June 2025 amid market volatility and tariff challenges.
- Dentons successfully guided Powin through a complex restructuring, stabilizing the business and facilitating a prompt asset sale process within six months of the filing.
- The bankruptcy judge hailed the case as a “model” reorganization, highlighting Dentons' effective collaboration with fiduciaries and advisors throughout the process.
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