With Passover approaching, Akin Gump Strauss Hauer & Feld and Milbank, Tweed, Hadley & McCloy grabbed seats at the table as The Manischewitz Company—one of the country’s few remaining matzo makers—saw its ownership transfer from one privately held entity to another.

Harbinger Capital Partners, the New York–based hedge fund controlled by billionaire Philip Falcone, has agreed to hand over the kosher food manufacturer to Sankaty Advisors, a credit affiliate of Boston-based private equity firm Bain Capital, for an undisclosed sum.