Irell Honored With Restructuring Deal of the Year Award
Irell & Manella was honored at the 2014 M&A Advisor Turnaround Awards for its representation of the Official Committee of Unsecured Creditors in connection with the Chapter 11 proceedings of American Suzuki Motor Corporation, which has been named the "Restructuring Deal of the Year." The Turnaround Awards recognize the leading distressed M&A transactions, restructuring, refinancing, products and services, firms and dealmakers in the United States and international markets. The ceremony took place at the Distressed Investing Summit on March 11, 2014 in Palm Beach, FL.
The Hon. Scott C. Clarkson of the U.S. Bankruptcy Court confirmed American Suzuki's plan of liquidation in February 2013. The plan had been recently amended to incorporate a settlement reached by Irell on behalf of the Creditors' Committee. The Creditors' Committee was represented by Jeffrey Reisner, Mitchell Cohen and Kerri Lyman. For more on the matter, please click here.