Mintz, Cohn, Ferris, Glovsky and Popeo, P.C. was a deal team member recipient of the “Restructuring Community Impact” Award at the 10th Annual M&A Advisor Turnaround Awards for its work on the acquisition of assets of Alsip Acquisition, LLC by Paper Mill Acquisition LLC. The annual awards honor “the best of the distressed investing and reorganization industry.”
The winners of the 10th Annual M&A Advisor Turnaround Awards were selected by an independent jury of industry experts based on nominations from over 200 companies. M&A Advisor honored the 2015 recipients at an awards gala on January 28 in Palm Beach, Florida.
In January of 2015, distressed paper mill Alsip Acquisition, LLC auctioned off its assets to Paper Mill Acquisition LLC for $8.22 million. The plant was expected to reopen and return many jobs to the community. Richard E. Mikels, Kevin J. Walsh, Charles W. Azano and Eric R. Blythe, attorneys in Mintz’s Bankruptcy and Restructuring Section, served as debtor counsel during the transaction and were instrumental in the success of the award winning deal.