Montgomery McCracken Wins The M&A Advisor’s 2021 Turnaround of the Year (Under $100MM) Award

September 8, 2021

Types : Press Releases

Montgomery McCracken is pleased to announce that it has been named a winner of the 2021 Turnaround of the Year (Under $100MM) Award by The M&A Advisor for our representation of the Official Committee of Unsecured Creditors in the Tuesday Morning Corp. bankruptcy. The firm will be recognized at The M&A Advisor’s 15th Annual Turnaround Awards Gala during the 2021 Distressed Investing Summit on September 29, 2021. The Annual Turnaround Awards recognize those that reached the pinnacle of the distressed investing, bankruptcy, and restructuring industry over the past year.

Tuesday Morning Corp. is a NASDAQ-listed retail chain of approximately 500 stores in 40 states.

Bankruptcy & Financial Restructuring attorneys Edward L. Schnitzer, David M. Banker, and Gilbert R. Saydah, as counsel for the Official Committee of Unsecured Creditors, successfully secured confirmation of a plan of reorganization which paid all creditors 100% of what they are owed plus interest while preserving the on-going business as a trading partner for creditors and a myriad of jobs.

“We’re honored that our work for the Creditors Committee in the Tuesday Morning bankruptcy case has been recognized by The M&A Advisor,” said Edward L. Schnitzer, Chair of the firm’s Bankruptcy & Financial Restructuring Department. “Our team is incredibly proud to receive this award.”

About The M&A Advisor

Founded in 1998, The M&A Advisor has built a global network of M&A, turnaround, and finance professionals across domestic and international deal making. Recipients of its prestigious awards are among the most respected financial professional around the world. During the past two decades, M&A Advisor has established a legacy of showcasing emerging leaders, connecting pillars of the profession, and recognizing achievement throughout the community.

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 bankruptcy and financial restructuring matters, complex litigation, intellectual property, corporate transactions, and challenging disputes. Follow the firm on Twitter at @MMWR_Law.

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Montgomery McCracken’s Business Department works proactively and collaboratively with our clients to advise on the full array of corporate and business issues, ranging from finance and regulatory matters to mergers […]

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Bankruptcy and Financial Restructuring

The attorneys in Montgomery McCracken’s Bankruptcy and Financial Restructuring Department assist clients in all aspects of restructuring, including bankruptcies, out-of-court restructurings, reorganizations, liquidations, workouts, debt refinancings, adversary proceedings, and contested […]

Learn more about our Bankruptcy and Financial Restructuring Department

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