McCann FitzGerald named as Irish Law firm of the year

McCann FitzGerald was named Irish Law Firm of the Year by the International Financial Law Review (IFLR) at its annual awards ceremony in London last night.

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.

The chairman of McCann FitzGerald, 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," said Mr Molony.

"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,” he added.