Mandelbaum Barrett’s Healthcare & Bankruptcy teams recently were awarded the
Restructuring Deal of the Year at the 24th Annual M&A Advisor Awards.
The M&A Advisor Awards are organized by the M&A Advisor to recognize excellence in
mergers and acquisitions, restructuring, financing, firms and deal professionals across a
variety of categories.
This award, in the $100 million to $1 billion category, recognized the team’s exceptional
skill, commitment and collaborative effort in executing one of the most complex health
care restructurings in New Jersey: the senior secured debt restructuring of CarePoint
Health Systems in its Chapter 11 bankruptcy.
This landmark transaction preserved critical hospital services, stabilized operations and
supported the long-term sustainability of an essential community health system for
residents of Hudson County and surrounding New Jersey communities. The transaction
showcased the firm’s subject-matter expertise, true collaboration across practices, and an unwavering commitment to client service and community impact.
The transaction was led by Healthcare Chair Mohamed Nabulsi, Counsel Mason Allen,
Bankruptcy Partner Vincent Roldan, with contributions from the firm’s Healthcare,
Bankruptcy, Employment, Corporate and Finance teams.
Employment Partner Brent Pohlman was intimately involved in resolving disputes with
labor unions, whose affirmative support of the client’s role and objectives was essential
to the confirmation of the reorganization plan.
Mandelbaum Barrett CEO William Barrett applauded the announcement.
“This award reflects the extraordinary skill, dedication and creativity of our team,” he
said. “Restructuring work, especially in the healthcare sector, demands not only legal
excellence but an unwavering commitment to protecting communities and preserving
essential services. Our attorneys met that challenge head-on. I’m incredibly proud of
what we achieved for CarePoint and the people who rely on its hospitals every day.
Their leadership, creativity, and determination reflect the high standards that define our
firm.”
Nabulsi agreed.
“The health care industry continues to navigate unprecedented financial and operational
pressures, including rising labor costs, shifting reimbursement models, persistent post-
pandemic volatility, and consolidation across systems and physician practices,” he said.
“As hospitals and healthcare providers face these realities, restructuring has become an
increasingly vital tool for stabilizing operations, preserving care access, and positioning
organizations for future sustainability. Bankruptcy can serve as an effective M&A
strategy. As current market conditions are likely to result in increased activity in the
distressed M&A space, our firm is uniquely positioned to represent key parties on all
sides of bankruptcy and restructuring matters.”
Mandelbaum Barrett’s Healthcare and Bankruptcy teams have been at the forefront of
this trend, leading complex restructurings that balance legal, financial, regulatory and
public policy considerations.
“The CarePoint matter stands as a model of how strategic restructuring can protect both
institutional viability and the broader health of the community,” Roldan said.
