Named Finalist in Two Sector Deal of the Year Awards
The Bankruptcy & Restructuring Practice of Mintz, Cohn, Ferris, Glovsky and Popeo, P.C. was honored with the Community Impact Award by M&A Advisor at its 7th annual awards ceremony. The ceremony was held March 5th and 6th in Palm Beach, FL.
The firm was honored for its work in the acquisition of Manistique Paper by Watermill Group. Manistique Paper, a Michigan-based paper mill, filed for bankruptcy in 2011. Mintz assisted Watermill Group in acquiring Manistique Paper, a major employer in the region, through a unique partnership with a local bank and a state development agency.
“This was a particularly gratifying matter to be involved with,” said Richard E. Mikels, Chair of Mintz’s Bankruptcy, Restructuring and Commercial Law Practice. “There was a shared commitment on the part of all parties involved to find a workable solution to ensure that the plant continued to operate.”
In addition to the Community Impact Award, the Practice was a finalist in two Sector “Deal of the Year” awards. The firm was recognized in the Healthcare/Life Sciences sector for its work on the restructuring of The Woodlands at Furman, led by Daniel Bleck and Leonard Weiser-Varon. It was also a finalist in the Industrial Goods and Basic Resources sector for its works on the Watermill Group’s acquisition of Manistique Paper, led by Richard Mikels, Daniel Follansbee and Joseph Dunn.