McDermott Receives Three Recognitions at The M&A Advisor’s Turnaround Awards
International law firm McDermott Will & Emery is pleased to announce that it has received three recognitions as part of The M&A Advisor’s 16th Annual Turnaround Awards. The Firm’s Business Restructuring team was highlighted for their role in the following matters:
Chapter 11 Reorganization of the Year ($250MM and $500MM) – Cred Inc.: McDermott partners Darren Azman and Joseph Evans represented the Official Committee of Unsecured Creditors in the Chapter 11 Cases of cryptocurrency financial services platform Cred Inc.
Restructuring Deal of the Year ($10MM and $25MM) – Vitality Health: McDermott partners Christopher Jedrey, Patrick Healy and Darren Azman represented Commonwealth Care Alliance, Inc. (“CCA”) in connection with its winning bid to acquire a Medicare Advantage HMO in the chapter 11 bankruptcy case of Vitality Health Plan of California, Inc.
Refinancing of the Year – Ocean Casino: McDermott partners John Hammond and Scott Weinberg represented OCR Investment, LLC in connection with the refinancing of senior loans to Ocean Casino Resort, a resort, hotel and casino in Atlantic City, New Jersey, which refinancing was effected in connection with OCR Investment, LLC’s acquisition of a 50% stake in Ocean Casino Resort from Luxor Capital. Thomas Ward, Thomas Conaghan and Griffin Doty represented OCR Investment, LLC in the acquisition transaction.
Since 2001, The M&A Advisor has been recognizing the world’s leading M&A, financing and restructuring professionals with our annual awards programs. Established in 2007, the annual Turnaround Awards has become the restructuring and distressed investing industry’s benchmark for excellence. You can view the list of honorees here.
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