Unless IBM raids are so much different then other manufacturers.....
I could see a possible resurection if you can recreate the array ( exactly as originally created), save the configuration but not if you initialize the array. Once initialized, what ever data was on the array, is past history.
Have been using hardware raid since 1990, I have never had multiple disks truely fail. Best to have a hotspare on line just incase. Without a hotspare you can only loose one drive, the next drive failure is a dead array.
With a dead array an extemely expensive data recovery company has to take over. The only time I have seen multiple disks fail was due to an adapter firmware bug, luckily once flashed with an update, the array was fine.