(Garden City, N.Y.) Meyer, Suozzi, English & Klein, P.C. is pleased to share that it has been named the winner of the “Chapter 11 Restructuring of the Year Award” for small to middle market companies at the Global M&A Network’s 13th Annual Turnaround Atlas Awards for its representation of Rubie’s Costume Company, Inc. and its petitioning affiliates in their Chapter 11 cases. The Turnaround Atlas Awards is one of the most prestigious, independently governed awards to honor the best value-creating transactions, outstanding firms, professionals, and leaders from the restructuring, investing, insolvency and turnaround communities.
Spearheaded by Kevin Schlosser, Chair of Meyer Suozzi’s Litigation and Dispute Resolution Department, Meyer Suozzi has served as general counsel to Rubie’s and represented it in all manner of legal and business issues since 2002 throughout the United States and internationally, including in protecting its valuable intellectual property, in litigation, on mergers and acquisitions, employment and banking. With Meyer Suozzi’s legal guidance, Rubie’s grew to a worldwide leader in the costume industry, with operations in 15 countries and sales in 52 countries. When presented with the challenges of COVID-19 and an uncertain business environment for its core business, Rubie’s turned to Meyer Suozzi to guide it through the turbulent financial road ahead. Edward J. LoBello, Chair of the Bankruptcy & Reorganization group at Meyer Suozzi, stated, “Notwithstanding the global pandemic and doubts regarding whether there would even be a Halloween season in 2020 and beyond, we helped Rubie’s consummate a sale transaction, preserve enterprise value, generate a meaningful distribution to creditors, and save over 100 jobs, resulting in a confirmed Chapter 11 plan.”
In addition to Messrs. Schlosser and LoBello, Meyer Suozzi attorneys Howard B. Kleinberg, James D. Garbus, Jordan D. Weiss, Steven T. Cheng and Matthew Marcucci were instrumental in this award-winning representation.
About Meyer Suozzi
Founded in 1960, Meyer, Suozzi, English & Klein, P.C. is a distinguished provider of legal services, with a reputation for integrity, insight and excellent client service. With offices in Garden City, New York City and Washington, D.C., the firm provides legal advice in a wide array of practice areas. For more information, visit www.msek.com.