Robinson+Cole Bankruptcy + Reorganizations Group Wins Two 23rd Annual M&A Advisor Awards
Robinson+Cole’s Bankruptcy + Reorganizations group won "Restructuring of the Year" ($50MM TO $100MM) and Group partners Jamie Edmonson and Rachel Jaffe Mauceri won “Legal Advisor of the Year” as part of the 23rd Annual M&A Advisor Awards, hosted on November 20, 2024 in New York City. The distinctions were presented in connection with the firm's representation of the Official Committee of Unsecured Creditors in In re Mariner Health Central Inc. In addition, Robinson+Cole was a finalist for “Law Firm of the Year” as well as in the "Healthcare/Life Sciences Deal of the Year" ($50MM TO $100MM) category. Jamie and Rachel were part of the team representing the Committee, along with Group co-chair Natalie Ramsey and R&C attorneys John Cordani, Curtis Crowther, Michael Barber, Taz Islam and Janet Kljyan.
Robinson+Cole's co-representation of the Official Committee of Unsecured Creditors in In re Mariner Health Central Inc., led to the resolution of significantly all of the litigation pending against the Debtors and their non-debtor affiliates and a consensual plan (N.D. Calif. 2022-23). The Debtors were three members of a corporate family (Mariner Health Care) that oversaw, managed, and operated approximately 20 skilled nursing facilities (SNFs) in California, plus additional facilities outside California. Mariner Health Care includes a parent company, subsidiary holding companies, and operating companies for each SNF, and has approximately 3,100 employees, most of whom are skilled professionals, including nurses, nursing aides, and other health professionals. Debtor Mariner Heath Central provided management and other services to the other Mariner operators. The cases, while thinly capitalized, ultimately provided significant recoveries to unsecured creditors through a sale of the SNF owned by Debtor Parkview Operating Company, LP (the Parkview Facility), and by contributions to the Debtors’ estates by non-debtor affiliates. Due to the strong advocacy of the Committee’s advisors, including R+C, the creditors in the cases – primarily senior personal injury and other litigation claimants -- received recoveries that otherwise would not have been likely. R+C’s co-Committee advisors included co-counsel Sheppard Mullin Richter & Hamilton, LLP (Ori Katz, Jeannie Kim) and Committee financial advisor, Province (Paul Navid, Paul Huygens, Paul Baik). Other key professionals included the Mariner Debtors’ advisors, co-counsel Raines Feldman Littrell LLP and Pachulski, Stang, Ziehl & Jones, working together with the Debtors’ Chief Restructuring Officer Larry Perkins of Sierra Constellation Partners; and Independent Director Craig Barbarosh and his counsel, Pillsbury Winthrop.
The M&A Advisor Awards recognize excellence across categories including M&A Transactions, Private Equity, Corporate/Strategic, Cross Border, and Financing Deals of the Year. The 23rd Annual M&A Advisor Awards Gala celebrated the professionals whose work has set a remarkable standard for excellence in dealmaking. This year, more than 350 nominees from over 500 companies were selected as finalists, showcasing the breadth and quality of talent across the industry. Read more.



