M-III Partners and Kirkland Meet Again in Frontier

The turnaround business is a small world for Mohsin Y. Meghji, Frontier Communications Corp.’s newly appointed independent director, and Kirkland & Ellis.

• The two are crossing paths in Frontier, which recently enlisted the law firm for a bond deal, as the board seeks to manage its capital structure and explore strategic alternatives, including asset sales.
• It isn’t the first time. Meghji, the founder of restructuring advisory firm M-III Partners, was added to the boards of Fullbeauty Brands Inc. and Shopko Stores Inc. before they filed for Chapter 11, according to court filings. Both retailers had also hired Kirkland & Ellis, ...