Hints and tips:
...Eddie Middleton and Tiffany Wong, the Alvarez & Marsal restructuring specialists appointed as liquidators of Evergrande’s Hong Kong-listed holding company last month, have spoken to at least two law firms...
...The pair, from US firm Alvarez & Marsal, have already started making preparations for a possible lawsuit against PwC, Evergrande’s former auditor, after a judge appointed them as liquidators of Evergrande...
...An executive from consulting firm Alvarez & Marsal was detained in the United Arab Emirates while working to overhaul a Nasdaq-listed company that US authorities charged with fraud last month, according...
...In a statement of intent, the shareholders have hired restructuring advisers at Alvarez & Marsal to engage with the creditors of Thames Water’s ultimate parent, Kemble Water Holdings....
...The Hong Kong court’s appointment of Eddie Middleton and Tiffany Wong, from the restructuring firm Alvarez & Marsal, as Evergrande’s liquidators should at least provide new information about the developer...
...Alvarez & Marsal declined to comment....
...Brooge last week announced that two restructuring advisers from Alvarez & Marsal had been appointed to its board as a result of BPGIC Holdings being placed into liquidation....
...Kemble has appointed restructuring adviser Alvarez & Marsal to aid its discussions with creditors and said it had begun approaching lenders “to request that they take no creditor action so as to provide...
...& Marsal, Dubai, United Arab Emirates...
...An analysis by Alvarez & Marsal found that almost half of the world’s largest consumer goods companies delivered negative shareholder returns in 2023, while the whole sector significantly underperformed...
...Administrators Alvarez & Marsal have alleged that, as early as 2012, revenue was being inflated, borrowings hidden and transactions misreported to enrich senior management....
...Alvarez & Marsal has named Chevron veteran Jay Johnson as senior adviser to its energy practice....
...US firm Alvarez & Marsal has hired Middleton and Wong within the last five years as a key part of a push to build up a China restructuring and liquidation business....
...Alvarez & Marsal has expanded its tax advisory offering with the appointment of Victoria Price as a managing director. Price was previously at EY....
...Eddie Middleton, managing director at Alvarez & Marsal, a professional services group specialising in corporate restructuring, voiced doubt about how Vietnam could emerge from its property crisis....
...& Marsal....
...Alvarez & Marsal declined to comment. GFG said it had the “right plan to put ABB on the path to recovery as a solvent going concern”....
...Mosley said consultants had since been able to verify more balances and that Alvarez & Marsal was continuing to “identify and verify assets of the [FTX group] on a rolling basis”....
...The SVB Financial board has formed a restructuring subcommittee that is working with advisers from Centerview Partners, Sullivan & Cromwell and Alvarez & Marsal....
...Alvarez & Marsal were appointed by Aartee’s main creditor, FGI Worldwide, to handle the insolvency process this week, according to a person familiar with the situation....
...Alvarez & Marsal, administrators of former FTSE 100 hospital group NMC Health, are pursuing a $2.7bn legal claim against EY UK for failing to raise red flags as auditor of the company before it collapsed...
...Alvarez & Marsal has hired five managing directors from KPMG to form a new transaction advisory team in Australia, led by KPMG Australia’s former head of private equity David Willis....
...FTX announced that the company had retained Perella Weinberg Partners as its investment banker to work alongside lawyers at Sullivan & Cromwell and consultants from Alvarez & Marsal....
...Centerview Partners is advising Celsius, while Alvarez & Marsal, the consultancy famed for unwinding Lehman Brothers, is its restructuring adviser....
...Activism is set to enter a “golden age” across Europe next year, while low valuations and heightened ESG concerns mean that British companies are the most vulnerable targets, according to Alvarez & Marsal...
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