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Caribe Media/Local Insight Media

The firm was cocounsel to Caribe Media, which owned the publication rights for certain print and internet Yellow Pages directories in Puerto Rico and the Dominican Republic, and associated debtor Local Insight Media. The balance-sheet restructuring gave senior secured creditors stock in the reorganized entity and general unsecured creditors passed through the reorganization unimpaired. Caribe Media a 2012 Turnaround Atlas Award from Global M&A Network for "Media & Entertainment Turnaround of the Year."