Montgomery McCracken Receives “Restructuring Deal of the Year (Over $100MM)” Award by The M&A Advisor
November 10, 2016
Types : Press Releases
NEW YORK, NY (November 10, 2016)– Montgomery McCracken has received the “Restructuring Deal of the Year (Over $100MM)” award by the M&A Advisor at the 15th Annual M&A Advisor 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. These cases were precipitated by the sudden collapse of OWB Denmark, which had been the world’s largest marine fuel supplier, causing a flood of litigation throughout the global maritime industry and giving rise to unprecedented bankruptcy and maritime issues.
Montgomery McCracken was co-counsel for the Debtor 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. The same case was also a finalist for “Energy Deal of the Year.”
“We’re certainly proud of the result achieved,” said Natalie Ramsey, chair of the firm’s Creditor’s Rights and Bankruptcy practice. The team successfully obtained confirmation of O.W. Bunker Debtors’ liquidation plans in December 2015.
Ramsey added, “This representation pulled together a skilled interdisciplinary team from Montgomery McCracken with in-depth knowledge and experience in both maritime and bankruptcy law. This recognition reflects our firm’s capabilities as a key advisor in unique area of complex maritime bankruptcies.”
The Montgomery McCracken team included: 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.
An independent panel of judges selected the winners out of a group of seven finalists that were chosen from an initial slate of nominees.
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. For more information about Montgomery McCracken or its practice areas, please visit us online at www.mmwr.com or on Twitter at @MMWR_Law.
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