Montgomery McCracken Receives “International Restructuring Deal of the Year” at the 9th Annual International M&A Advisor Awards
June 14, 2017
Types : Press Releases
NEW YORK – Montgomery McCracken is pleased to announce the firm has received “International Restructuring Deal of the Year” award by the M&A Advisor at the 9th Annual International M&A Awards. The firm was recognized as part of a deal team for its involvement in the Chapter 11 cases of O.W. Bunker Holding North America Inc., O.W. Bunker North America Inc. and O.W. Bunker USA Inc. (the OWB Debtors).
These cases were precipitated by the sudden collapse of OWB Denmark, which had been the world’s largest marine fuel supplier with operations in 29 countries, causing a flood of litigation throughout the global maritime industry and giving rise to unprecedented bankruptcy and maritime issues. The Debtors’ bankruptcy proceedings cases involved significant communication, coordination and negotiation with representatives of the O.W. Bunker estates in the United Kingdom, Norway, Denmark, United Arab Emirates, Singapore, China, the Netherlands and Germany.
The Montgomery McCracken team included: Natalie Ramsey, Richard G. Placey, Davis Lee Wright and Mark A. Fink from the firm’s Creditors’ Rights and Bankruptcy practice group; and Vincent M. DeOrchis, Robert E. O’Connor and Kaspar Kielland from the firm’s Maritime and Transportation practice group.
Montgomery McCracken was co-counsel for the Debtors along with Robinson+Cole. Other professionals recognized for their roles in the case were Allen & Overy LLP, Alvarez & Marsal, Gavin/Solmonese LLC, Halloran & Sage LLP, Hunton & Williams, and Norton Rose Fulbright US LLP.
In addition, The M&A Advisor has previously recognized the OWB deal team with the following awards:
- Restructuring Deal of the Year (Over $500MM to $1B) and Energy Deal of the Year (Over $500MM to $1B), The M&A Advisor’s 11th Annual Turnaround Awards, March 2017
- Restructuring Deal of the Year (Over $100MM), The M&A Advisor’s 15th Annual M&A Advisor Awards, November 2016
About The M&A Advisor
The M&A Advisor was founded in 1998 to offer insights and intelligence on mergers and acquisitions through the industry’s leading publication. Today, the firm is recognized as the world’s premier “think tank” and leadership organization for M&A, restructuring and financing professionals, providing a range of integrated services including: M&A Advisor Forums and Summits and M&A Advisor Market Intelligence; For additional information about The M&A Advisor’s services visit www.maadvisor.com.
About Montgomery McCracken
Montgomery McCracken is a full-service law firm with offices in Pennsylvania, New York, New Jersey and Delaware. The firm represents leading businesses, multinational corporations, nonprofit organizations and individuals across a wide range of industries in complex litigation matters, significant corporate transactions and challenging disputes. Follow the firm on Twitter at @MMWR_Law.