Alvarez & Marsal appointed Washington, D.C.-based Michael Lawless as a managing director within the firm’s corporate performance improvement (CPI) practice.
Alvarez & Marsal hired Christopher Smith as managing director and JoyAnn Book and Philip Handal as senior directors to lead the firm’s healthcare industry group’s technology advisory and transformation services.
Alvarez & Marsal’s global transaction advisory group launched A&M Data Intelligence Gateway, a new proprietary technology that aims to increase the speed of deal identification and which will be led by Tara Bilby and Mishelle Weinerman as executive directors and Joey Baruch, chief technology officer at A&M.
Intelsat achieved the support of key creditor groups on the terms of a financial restructuring. The company also filed an amended plan of reorganization in its Chapter 11 proceedings. The amended plan has the support of holders of approximately $11 billion, or nearly 75%, of the company’s funded debt.
Alvarez & Marsal appointed Chicago-based Eric Dustman a managing director in its corporate performance improvement practice. Dustman has more than 25 years of operations and supply chain performance improvement and advisor experience.
The Association of Insolvency and Restructuring Advisors recognized Nate Simon of AlixPartners (first place), Bryan Fleming of Alvarez & Marsal (second place) and Hrvoje Cizmic of PwC (third place) as Certified Insolvency and Restructuring Advisor Award winners for 2020.
Alvarez & Marsal expanded its global transaction advisory group into Spain with the appointment of Cristina Almeida and Ignacio Basagoiti as managing directors based in Madrid. Almeida and Basagoiti both joined from Deloitte.
Alvarez & Marsal appointed New York-based John Hartig managing director in its media group, which is a part of the firm’s corporate performance improvement practice.
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.
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.