Alvarez & Marsal Advises on Westmoreland Chapter 11 Plan
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.
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.
Alvarez & Marsal Corporate Finance acted as the exclusive financial advisor to NG Holdings Canada on its acquisition of PI Financial for a total cash investment of over C$100 million ($74.117 million).
Alvarez & Marsal added Nate Dwyer and Jim O’Donnell as managing director and senior director, respectively, to its Corporate Transformation Services team in San Francisco.
LBI Media filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Alvarez & Marsal is serving as financial advisor to the company through the restructuring process.
Alvarez & Marsal’s Global Transaction Advisory Group established a North America Corporate Mergers & Acquisitions practice. The new practice will be led by Paul H. Barry and Faisel Hussein as managing directors.
Alvarez & Marsal Managing Director Ash Mathradas relocated from A&M Singapore to the firm’s Corporate Performance Improvement practice in San Francisco.
Alvarez & Marsal added Michael V. Balistreri as managing director to its Corporate Finance practice in New York.
Alvarez & Marsal added Paulo Mota as a managing director to its Global Transaction Advisory Group in Brazil.
Alvarez & Marsal expanded its global footprint with the opening of a new office in the Cayman Islands. Alex Lawson, as managing director and head of A&M Cayman Islands, along with Chris Kennedy, as managing director, and Barry Lynch, as senior director, will lead the new branch.