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.
Mark Howard joined professional services firm Alvarez & Marsal as a managing director in the Public Sector Services unit. Howard will be the national lead of the state and local government consulting practice.
The United States Bankruptcy Court for the Southern District of Texas, Houston Division approved the going-concern sale of Westmoreland Coal’s assets pursuant to its Chapter 11 plan.
Professional services firm Alvarez & Marsal promoted 43 staff members to the position of managing director. The new directors come from across the globe, including New York, London, Athens, Mumbai and Hong Kong, among other cities.