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Le Pain Quotidien Deal Wins Morris James a Turnaround Award from The M&A Advisor

News & Media Mentions

September 9, 2021

The Morris James bankruptcy team has been recognized by M&A Advisor "Consumer Staples of the Year" for its work on the sale of Le Pain Quotidien. Partners Jeff Waxman and Eric Monzo along with Counsel Brya Keilson served as co-counsel to the Official Committee of Unsecured Creditors to the estate of PQ New York, Inc and its affiliated debtors.

PQ New York and its affiliated entities were a chain of bakeries and grab-and-go restaurants with almost one hundred locations. The team then aided in the negotiation of a sale of substantially all of the Debtors’ assets on a going-concern basis that resulted in the preservation of jobs and yielded a combination of cash and significant causes of action to be deposited in trust to pursue on behalf of the bankruptcy estates through a Chapter 11 plan process. The efforts within this deal showcase the adroitness and proficiency of the bankruptcy team. 

Founded in 1998, The M&A Advisor has built a leading global network of M&A, turnaround, and finance professionals across domestic and international dealmaking. Recipients of its prestigious awards are among the most respected financial professional around the world. During the past two decades, M&A Advisor has established a legacy of showcasing emerging leaders, connecting pillars of the profession, and recognizing achievement throughout the community.

M&A award winners are selected from among hundreds of nominations in category groups, including Restructuring of the Year, Transaction of the Year, Refining of the Year, Sector Deal of the Year, Firm of the Year, Turnaround Product/Service of the Year, and Professional of the Year. Evaluation of the nominees and selection of the winners is completed by the prominent members and experts in M&A, finance, and turnaround community.

Morris James is honored to to be among the 17 firms recognized by M&A this year.

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