Houlihan Lokey, the Advisory firm has taken top position, replacing Lazard as the top performer of the global restructuring league table in 2011. The data was revealed by Thomson Reuters.

Houlihan Lokey was the strongest performer in a poor environment and moved up 2 places this year to top position in the league table.

Goldman Sachs moved from 15th in 2010 to third in the rankings in 2011.

Ben Browning, our Corporate Finance specialist, predicts growth within the Restructuring will continue throughout 2012 and that revenues from this sector will also rise.