McCann FitzGerald is named as Irish Law Firm of the Year at IFLR Awards Ceremony in London
McCann FitzGerald was today (25 March 2004) named as the Irish Law Firm of the Year by the International Financial Law Review (IFLR) at its prestigious annual awards ceremony in London.
Each year, the IFLR’s annual awards set out to recognise the achievements of the leading commercial law firms in Europe for their high quality and innovative performance. The awards for 2003 recognise the achievements of McCann FitzGerald in the areas of: corporate, mergers and acquisitions, banking and financial services, projects and restructuring/insolvency.
The firm acted as lead counsel on the Alphyra public-to-private transaction and on the management buy-out of NCB. It also advised Sherry FitzGerald on its takeover and recently acted for Candover on its sale of the Clondalkin Group. Other beneficiaries of the firm’s advice were the financiers to the Riverdeep public-to-private deal, and the mezzanine financiers on the Arnotts’ takeover.
McCann FitzGerald was retained by Bord Gais Eireann to advise on its US private placement transaction and by Independent News & Media on its bond issue. It also acted as lead adviser to Depfa ACS Bank on its ground-breaking issues of public credit covered securities, and by Davy Stockbrokers as underwriters of the Waterford Wedgwood rights issue.
The chairman of McCann FitzGerald, Mr. Ronan Molony, said the firm was delighted to have won such a prestigious award.
“This award represents a tremendous recognition for our partners and staff as it publicly endorses the significant and innovative work we have been doing on behalf of our clients during 2003. To our clients, we say a very big thank you. We are continuing to break new ground in 2004, for example, we are advising Bank of Ireland in respect of its proposal to establish the first asset covered securities programme to be secured on a residential loan book, and we will continue to be at the forefront of providing such high quality service to our clients in the future.”