Alvarez & Marsal tapped managing director Marc Liebman to co-head its North American Restructuring practice’s Western region.

“Marc has spent his entire career in the finance and restructuring industries, having most recently served as a leader in our corporate finance practice for the past 15 years. His breadth of experience and deep roots within A&M and the restructuring community make him a natural choice for this leadership position,” said Jeff Stegenga, managing director and national leader of A&M’s North American Restructuring practice.

Liebman has more than 20 years of restructuring experience, advising stressed and distressed companies and their creditors. He specializes in the development and implementation of strategic, financial and operating plans for over-leveraged and undercapitalized companies in both out-of-court and in Chapter 11 contexts. His past clients include AMERCO/U-Haul, CSK Auto, Euro Fresh Farms, Forbes Energy, Fresh & Easy Markets, Grubb & Ellis, Nellson Nutraceutical, Regal Cinema, Top-Flite Golf, Skopos Financial, Washington Group and William Lyon Homes.

Liebman began his career in the corporate restructuring group at a Big Four firm where he advised clients in financial distress. Prior to founding Alvarez & Marsal Securities, he worked as an investment banker with DLJ and Credit Suisse in Los Angeles.