Cadwalader Restructuring Team Honored with Two Turnaround Atlas Awards

Jun 24, 2009

Cadwalader, Wickersham & Taft LLP, one of the world’s leading law firms, was honored in two categories at the Turnaround Atlas Awards gala, held on June 22 at Hotel Allegro in Chicago.

John J. Rapisardi, the Co-Chairman of Cadwalader’s Financial Restructuring Department, was the recipient of the Restructuring Legal Advisor of the Year award, and the firm’s representation of JPMorgan Chase Bank in the Centro Properties Group restructuring was tapped for Out-of Court Restructuring of the Year.

The firm was also shortlisted for the Turnaround Atlas Award and Restructuring Law Firm of the Year, and Deryck A. Palmer, the Co-Chairman of Cadwalader’s Financial Restructuring Department, was a finalist for Restructuring Legal Advisor of the Year.

The Turnaround Atlas Awards honor achievements in completed deals, firms, and professionals in the restructuring arena.

“We are proud that our Financial Restructuring Department, a team of more than 60 lawyers that is working on some of the largest, most complex, and high profile restructuring matters in the country, was recognized by the industry professionals who determine the winners of the Turnaround Atlas Awards,” said Christopher White, Cadwalader’s Chairman.

Mr. Rapisardi was honored for his innovation and ability to find ways to resolve situations consensually. He has more than 25 years of domestic and international restructuring experience across a variety of industries, including telecommunications, satellite, retail, healthcare, casinos, sports  franchises, real estate, and manufacturing companies. He currently serves as outside counsel to the U.S. Department of Treasury and the Presidential Task Force on the Auto Industry. Mr. Rapisardi was named as a highly recommended international restructuring counsel in PLC Cross-border Restructuring and Insolvency Handbook, recognized as one of the leading restructuring lawyers in the U.S. by Chambers USA, and included in Best Lawyers in America. A Beta Gamma Sigma graduate from the College of Business Administration at Fordham University, he received his LL.M. from New York University and J.D. from Pace University, where he served on the Pace Law Review.

In the Centro matter, the firm, led by partner George Davis, served as counsel to JPMorgan Chase, a lender and agent for a syndicate of U.S. banks under a bridge loan to a U.S. affiliate of Centro, one of the largest owners and managers of shopping centers in Australia and the United States. The restructuring of all of the major credit facilities closed in January 2009.



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