Loeb & Loeb LLP is pleased to announce that the firm has received the M&A Advisor’s “Healthcare and Life Sciences Turnaround Deal of the Year” award for transactions valued over $100 million. The firm was recognized for its role as counsel for the United Tort Claimants in the Chapter 11 reorganization of Otero County Hospital Association, Inc. The award was presented yesterday at the 7th Annual Turnaround Awards Gala, which took place at the Distressed Investing Summit in Palm Beach, Fla.
Loeb & Loeb partner Bernard (Barney) R. Given II led the legal team on behalf of United Tort Claimants, securing in excess of $33 million in settlements. He is continuing to pursue in excess of $45 million in additional recoveries from various defendants and parties.
The M&A Advisor’s annual Turnaround Awards recognize the accomplishments of professionals and firms in distressed investing, restructuring and turnaround deal making. The 2013 winners were chosen by an independent judging panel from a pool of 175 nominations.
Given concentrates his practice in bankruptcy and commercial litigation, with an emphasis on business reorganizations and creditors’ rights. He has represented debtors, creditors, and creditors' committees in cases throughout the United States.
Loeb & Loeb’s Bankruptcy, Restructuring and Creditors' Rights Department represents clients’ interests related to federal and state bankruptcy, insolvency and creditors’ rights laws. The firm’s clients include creditors and debtors, committees and trustees, and the buyers and sellers of assets.