McGuireWoods was among the firms honored with the Turnaround Management Association’s Mid-Size Company Turnaround/Transaction of the Year Award for their roles in the chapter 11 restructuring of Century Mining LLC, now known as Allegheny Metallurgical LLC, a leading metallurgical coal producer.
McGuireWoods represented certain indirect equity owners of Century Mining in connection with its chapter 11 case filed in 2024 in the U.S. Bankruptcy Court for the Northern District of West Virginia. The firm delivered comprehensive restructuring counsel throughout the case, which culminated in a confirmed chapter 11 plan, a consensual resolution of all litigated matters, and a new exit financing facility. McGuireWoods partners Mark Freedlander and Frank Guadagnino led the cross-practice team advising Century Mining.
“We are honored to receive this recognition from TMA and proud to have helped achieve a successful resolution for our client,” said Freedlander, co-leader of the firm’s Restructuring & Insolvency Practice Group.
McGuireWoods’ Restructuring & Insolvency Practice Group — recognized as one of the premier insolvency practices in the United States — provides strategic counsel across all types of financial and operational restructurings, distressed situations and workout matters. The firm earned a nationwide ranking for its bankruptcy and restructuring work from Chambers USA.
The Turnaround Management Association is the premier global organization serving corporate renewal and restructuring professionals. This year’s award recipients will be honored at the TMA Annual Conference, Oct. 27-30, 2026, in Houston.