Joshua M. Hantman, a shareholder at Brownstein Hyatt Farber Schreck received the Transaction of the Year Award - Small Company by the Turnaround Management Association (TMA) for his representation of private equity firm Grey Mountain Partners in its acquisition of North American Specialty Glass (NASG) through a Bankruptcy § 363 sale. This prestigious award honors professionals involved in the most impactful transaction in the nation during 2013 for companies with less than $50 million in revenue. The award was recently presented to Hantman at the 2013 TMA Annual Convention in Washington, D.C. Hantman also was a panelist at the event.
On behalf of Grey Mountain, Hantman and co-counsel Carlos Cruz-Abrams of Kendall, Koenig & Oelsner PC, negotiated and drafted an asset purchase agreement, navigated a competitive auction and closed the deal within a two-week period. Notably, through its strategic efforts, Grey Mountain was deemed the highest and best bid at auction despite offering a lower purchase price than its competitor. The result was the re-opening of a shuttered business, which saved nearly 100 jobs in a small community, and allowed for minimal disruption for customers.
Hantman is a member of the bankruptcy and restructuring group at Brownstein. His practice focuses on a broad range of business reorganization, restructuring and distressed acquisition matters, both in and out of court. He represents debtors, creditors, committees, trustees, lenders and purchasers of distressed assets in litigation and transactional situations. In litigation, Hantman prosecutes and defends claims for fraudulent transfers and preferences. On the transactional side, he represents clients in purchasing and selling distressed assets in 363 sales and provides structural advice regarding mergers and acquisitions.