Foley Awarded Energy Deal of the Year

On February 23, 2015, The M&A Advisor presented its 9th Annual Turnaround Awards. Foley is pleased to announce that the firm was named winner of the 2015 Distressed Energy Deal of the Year for its representation of Younicos Inc., a global leader in intelligent grid and storage solutions, in the acquisition of energy storage systems assets and technology from Xtreme Power Inc. The nominations, representing more than 250 participating regional, national and global companies, were judged by an independent jury of industry experts. Winners represent the best of the distressed investing and reorganization industry.

“We always strive to obtain extraordinary results for our clients, and to use our team’s creativity and cross-disciplinary experience to do so. By leveraging our energy, M&A and bankruptcy resources, we were able to achieve this purchase in a very unusual situation. It is an honor to be recognized by our peers for this award,” said John Simon, who led the Foley deal team.

Recognized in 2015 as one of the elite BTI Client Service, in 2015 by U.S. News – Best Lawyers®, and in 2014 by The Legal 500 as one of the top bankruptcy practices in the nation, Foley attorneys work closely and collaboratively with clients to achieve their objectives. They have extensive experience in all aspects of bankruptcy law and practice, and continue to garner recognition for their services and successes.