Shareholder David D. Cleary of the Phoenix office of the International law firm Greenberg Traurig, LLP was recently honored for his restructuring work at the Turnaround Atlas Awards in Chicago.
The Turnaround Atlas Awards exclusively honor top performances from the distressed M&A, restructuring, reorganization and turnaround communities worldwide, according to the Global M&A Network website.
Cleary was part of a transaction team that worked on the restructuring of FriendFinder Networks Inc. where he and four team members received the “Media & Entertainment Turnaround of the Year”. The team also won a “Deal of Year” award at the 4th Annual ACG New York Champion’s Awards on June 19, 2014.
“Reorganizations are highly complex and require insight and knowledge that come only from decades of experience,” said John E. Cummerford, co-managing shareholder in Greenberg Traurig’s Phoenix office. “Our firm is dedicated to its Business Reorganization & Financial Restructuring Practice and we are honored that David and the entire team were recognized for their work and expertise.”
Greenberg Traurig also received the “Cross Border Special Situation M&A Deal of the Year” award for its role in the AgFeed Industries sale of its assets to Ningbo Tech Bank, TriOadk Foods and Smithfield/Murphy as well as the “Consumer Goods Turnaround of the Year” award for the Orchard Supply Hardware Stores sale to Lowes.