Foley Wins Turnaround Atlas Award

Foley & Lardner was honored with the Turnaround Atlas Award for USA Mid-Markets Restructuring Law Firm of the Year at this year’s Turnaround Atlas Awards.

Partners Douglas Spelfogel, Richard Bernard and Mark Prager and Senior Counsel Katherine Catanese were honored for their work on the Peabody Energy Chapter 11 restructuring with a Corporate Turnaround Leader award and a Chapter 11 Restructuring of the Year award for restructurings with a qualified value of $1 billion to $10 billion.

Partner Michael Small won the Special Situation M&A Deal of the Year award for deals with a qualified value between $200 million and $500 million for his work as buyer-plan sponsor’s counsel in the Resurgent Holdings’ acquisition of SquareTwo Financial Services through a pre-arranged chapter 11 plan.

Partner Marcus Helt and Senior Counsel Thomas Scannell, received the Corporate Turnaround of the Year award in the small mid-markets segment for deals with a qualified value of $25 million to $250 million for their work on the ValuePart Inc., restructuring.

The award validates the excellence, tirelesswork of professionals and firms from the restructuring industry, according to Global M&A Network, which sponsors the awards. Read more about the awards here.