Foley Recognized at The M&A Advisor’s Turnaround Awards for Divestiture of the Year

Foley & Lardner LLP is proud to be named a winner at The M&A Advisor Turnaround Awards in the M&A Transaction Award category.

Foley was selected by an independent panel of industry experts for the firm’s representation of Telephone USA Investments Inc., earning recognition for Divestiture of the Year under $100 million.

Foley bankruptcy attorneys Susan Poll Klaessy, Timothy Mohan, and Nora McGuffey represented Telephone USA in its Chapter 11 bankruptcy proceeding, effectuating a value-maximizing plan that provided significant value to the debtor’s equity.

Foley’s Bankruptcy & Business Reorganizations Practice is among the largest and most robust in the nation, representing myriad debtor and creditor constituencies. The firm’s nationally recognized practice emphasizes practical solutions tailored to specific business needs.

Honorees will be recognized at an awards gala on March 25, 2025, during The M&A Advisor’s Distressed Investing Summit in Palm Beach, Florida.