Krystal Restaurant Chain Files Chapter 11

The Chattanooga Times Free Press reported that Krystal Hamburger, the nation’s second oldest fast food chain, has filed Chapter 11 for the second time in 23 years.

A&M Promotes 41 Professionals to Managing Director

Alvarez & Marsal has promoted 41 professionals from the U.S, UK, Germany, Brazil, Canada, China, Russia, Saudi Arabia, the United Arab Emirates and India to the position of managing director.

Price Joins A&M North American Restructuring & Turnaround Group

Lisa Price has joined Alvarez & Marsal as managing director in Atlanta in its Restructuring & Turnaround practice.

Alvarez & Marsal Expands Public Sector Services

Alvarez & Marsal has expanded its Public Sector Services practice with the addition of Michael Carrasco as managing director in Houston and Jay Nagy as senior director in New York.

A&M Taps Whittman to Co-Head Midwest Restructuring & Turnaround Team

Alvarez & Marsal has appointed Chicago-based Managing Director Brian Whittman as co-head of the Midwest Region for its North American Restructuring & Turnaround practice.

A&M Appoints Kulp To Lead Procurement & Sourcing Practice

Christopher Kulp has joined Alvarez and Marsal’s Private Equity Services Group as a managing director in New York to lead the Procurement and Sourcing practice.

HOW CAN TURNAROUND MANAGEMENT HELP PUBLIC SECTOR AND NON-PROFIT ORGANIZATIONS?

Public sector and non-profit organizations are generally considered less fiscally efficient than private sector organizations and often appear to struggle financially. Can turnaround firms help these organizations improve their financial operations? Mark Howard has worked with public sector and non-profit organizations for decades, and he shares why he thinks the answer is a “qualified yes.”

A&M Expands Healthcare Industry Practice with New Hires

Alvarez & Marsal has expanded its Healthcare Industry Group with the appointment of managing directors Scott Hodson in New York and John Holiver in Boston and senior director Timothy Murphy in Chicago.

A&M Hires New MD to Expand China-Related Capabilities

Alvarez & Marsal added Managing Director Jean Chow-Callam to its Disputes and Investigations practice in Los Angeles, Hong Kong and Shanghai.

A&M Expands Cybersecurity and Forensic Technology Team

Alvarez & Marsal has expanded its cybersecurity and forensic technology offerings with the appointments of Rocco Grillo, Ken Mendelson, Kevin Negangard, Robert DeCicco and Vishal Oza.