Alvarez & Marsal served as financial advisor to Dean Foods on its sale of assets to Dairy Farms of America, Prairie Farms Dairy, Mana Saves McArthur, Producers Dairy Foods, Harmoni and Industrial Realty Group.
Alvarez & Marsal Restructuring & Turnaround Managing Director Julie Hertzberg, head of the Case Management Services division, was appointed president of industry organization INSOL International.
Alvarez & Marsal has strengthened its Private Equity Performance Improvement practice with the appointment of Tania Howarth as managing director.
Alvarez & Marsal appointed Yvette Chan to managing director to lead the Asia M&A Tax Advisory practice. The firm also promoted Richard Chen in Singapore and Colin Gater in Hong Kong to managing director.
The U.S. Bankruptcy Court confirmed the amended joint Chapter 11 plan of reorganization of Parker Drilling and its debtor affiliates. Alvarez & Marsal will serve as the company’s financial advisor during the bankruptcy process.