Alvarez & Marsal Appoints Anwar Managing Director & Middle East Practice Leader

Alvarez & Marsal appointed Ali Anwar a managing director and the Middle East practice leader of the firm’s global transaction advisory group, based in Dubai.

April 7, 2021 Ali Anwar | Alvarez & Marsal | Paul Aversano | Tony Alvarez III Ian Koplin

Global Eagle Completes Asset Sale, Emerges from Chapter 11

Global Eagle Entertainment completed the sale of substantially all of its assets to a group consisting of its first lien investors. Global Eagle’s new owners include certain funds managed by affiliates of Apollo Global Management, among others.

March 24, 2021 Alvarez & Marsal | Apollo Global Management | Arbour Lane Capital Management | BlackRock Financial Management | Crestline Investors | Dunn & Crutcher | Eaton Vance Management | Gibson | Global Eagle Entertainment | Greenhill | Joshua Marks | Latham & Watkins | Marlink AS | Mudrick Capital Management | Rothschild & Co | Sound Point Capital Management Rita Garwood

Alvarez & Marsal Names Fanella Managing Director in Supply Chain Services

Alvarez & Marsal named Paul Fanella a managing director in supply chain services within its corporate performance improvement practice. Fanella previously worked for EY and Accenture.

March 12, 2021 Alvarez & Marsal | Cyndi Joiner | Paul Fanella Phil Neuffer

Alvarez & Marsal Hires McLean III as Managing Director for Healthcare Industry Group

Alvarez & Marsal appointed John McLean III a managing director in the firm’s healthcare industry group. McLean, who will be based in Atlanta, has two decades of experience transforming health systems.

March 9, 2021 Alvarez & Marsal | John McLean III | Martin McGahan | Peter Urbanowicz Phil Neuffer

A&M Adds Vaid as Senior Director for Private Equity Performance Improvement Group

Alvarez & Marsal appointed Hameer Vaid a senior director in the firm’s private equity performance improvement group in New York. Before joining A&M, Vaid spent six years with PwC’s real estate advisory practice in New York.

March 5, 2021 Alvarez & Marsal | Hameer Vaid | Hunt Holsomback | Jeffrey Klein Phil Neuffer

Sycamore, KKR and Blackstone Provide $225MM for Belk

Sycamore Partners, KKR, Blackstone Credit and other first lien term lenders delivered $225 million in new capital for Belk in the company’s restructuring support agreement.

January 28, 2021 Alvarez & Marsal | Belk | Blackstone Credit | Evercore | Kirkland & Ellis | KKR | Latham & Watkins | Lazard | O’Melveny & Myers | PJT | Sycamore Partners | Willkie Farr & Gallagher Phil Neuffer

Diamond Offshore Drilling Enters Comprehensive Restructuring Plan

Diamond Offshore Drilling entered into a plan support agreement with holders of more than 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction that will deleverage the company’s balance sheet.

January 25, 2021 Alvarez & Marsal | Diamond Offshore Drilling | Lazard Frères & Co. | Marc Edwards | Paul Weiss | Porter Hedges | Rifkind Wharton & Garrison Phil Neuffer

Alvarez & Marsal Promote 37 Individuals Globally to Managing Director

Alvarez & Marsal promoted 37 professionals across Benelux, Brazil, Germany, India, Italy, Sweden, the United Kingdom and the United States to the position of managing director.

January 22, 2021 Alessandro Ranzoli | Alvarez & Marsal | Amy Lee | Bertrand de Robien | Brendan Joyce | Brian Corio | Brian Teets | Ed Bignold | Eduardo Gallardo | Emerson Santana | Henrique Biscolla | Hiral Bhatt | Jennifer Hicks | Joachim Lubsczyk | John Suckow | Jon de Jong | Kristin Shelley | Lars Knorn | Louis Mancini | Louise Jenkins | Matthew Frank | Menno Booij | Michael Nelson | Michelle Krueger | Mira Leonard | Nikki Coles | Palmer O'Sullivan | Paul Kingston | Paul van Beerendonk | Praveen Pajiar | Rahul Gosain | Richard Haddock | Richard Wu | Sean St. Germain | Sudeep Mehrotra | Teri Hanson | Thomas Skidmore | Toya Asbury | Tres Evans Phil Neuffer

A&M Serves as Restructuring Advisor to Superior Energy in $1.3B Debt-to-Equity Conversion

Alvarez & Marsal is serving as restructuring advisor to Superior Energy Services in the company’s recently approved Chapter 11 plan of reorganization, in which the company’s $1.3 billion in debt would be converted into equity and the company would emerge debt free.

January 20, 2021 Alvarez & Marsal | David Dunlap | Ducera Partners | Hunton Andrews Kurth are acting as legal counsel. | Johnson Rice & Company | Latham & Watkins | Superior Energy Services Phil Neuffer

Hickey Joins A&M as a Managing Director in Houston

Global professional services firm Alvarez & Marsal appointed Patrick Hickey a managing director in its Houston-based energy group, which is within its corporate performance improvement practice. Hickey most recently served as a senior advisor to Post Oak Energy Capital.

January 7, 2021 Alvarez & Marsal | ARCO | Duke Capital Partners | EIG Global Energy Partner | Enron Corporation | Harvest Oil & Gas Elba Liquefaction Company | Jonah Energy | Kinder Morgan’s Elba Island LNG facility | Lee Maginniss | Patrick Hickey | Post Oak Energy Capital | Rosehill Resources | Wells Fargo Energy Capital Phil Neuffer