Blank Rome’s Finance, Restructuring, and Bankruptcy Practice Group Recognized by The M&A Advisor’s 18th Annual Turnaround Awards. Blank Rome’s Finance, Restructuring, and Bankruptcy practice group was awarded four Turnaround Awards by The M&A Advisor. The Annual Turnaround Awards honor the “leading distressed M&A transactions, restructuring, refinancing, products and services, firms, and dealmakers.” In the Sector Award category, Blank Rome was recognized as part of the “Energy Deal of the Year,” “Telecommunication Services Deal of the Year,” and “Consumer Discretionary Deal of the Year (Under $100MM).” In the Refinancing Award category, the firm was recognized as part of the “Refinancing of the Year ($50MM to $100MM).” The award winners were recognized at a gala event on March 19, 2024, in Palm Beach, Florida, as part of M&A Advisor’s 2024 Distressed Investing Summit.
Blank Rome Advises Gamida Cell on Global Restructuring. Blank Rome advised Gamida Cell Ltd. and its wholly owned subsidiary Gamida Cell Inc. (collectively, the “Company”), in the Company’s global restructuring through a novel use of debt arrangement proceedings in Israel combined with Chapter 15 and 11 proceedings in the United States. The team successfully obtained recognition of the Israeli proceedings and enforcement of the debt arrangement order in the territorial jurisdiction of the United States. This is the first time a United States court has recognized and enforced an Israeli debt arrangement. The Blank Rome team was led by Stanley Tarr, John Lucian, and Evan Zucker, and included Greg Vizza, Regina Stango Kelbon, Lorenzo Thomas, and Jordan Williams.