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.
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.
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.
Alvarez & Marsal has appointed Chicago-based Managing Director Brian Whittman as co-head of the Midwest Region for its North American Restructuring & Turnaround 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.
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.”
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.
Alvarez & Marsal added Managing Director Jean Chow-Callam to its Disputes and Investigations practice in Los Angeles, Hong Kong and Shanghai.
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.