Global professional services firm Alvarez & Marsal appointed Steve Spiegelhalter a managing director and North America investigations practice leader in its disputes and investigations group. Spiegelhalter was most recently a partner with Ernst & Young.
Canopy Rivers will act as a debtor-in-possession lender and provide up to $7.2 million in DIP financing to PharmHouse, which obtained an order from the Ontario Superior Court of Justice granting it creditor protection under the Companies’ Creditors Arrangement Act.
The U.S. Bankruptcy Court for the District of Delaware approved all of Shiloh Industries’ “first day” motions related to its voluntary Chapter 11 petitions filed on Aug. 30, including approval of access of up to $18.1 million of the $123.5 million in committed debtor-in-possession financing.
All Js Greenspace agreed to provide up to $7.2 million in debtor-in-possession financing to Green Growth Brands, which filed for insolvency protection under Canada’s Companies’ Creditors Arrangement Act.
Jason Floyd and Michael Monk of Amerisource Business Capital have been designated finalists for EY’s Entrepreneur of the Year 2019 Award in the Gulf Coast Area.
Tax advisory firm Ernst & Young named Michael Ching managing partner in the Honolulu office. He succeeds Jeff Bartlett, who is retiring after 35 years with the firm.
According to Ernst & Young’s twice-annual Capital Confidence Barometer, a majority of U.S. executives are confident that U.S. economic indicators will continue upward, with 63% indicating corporate earnings as improving and 58% indicating the stock market outlook is positive.
According to a survey from Ernst & Young, despite material strengthening of banks’ risk management, the industry is still searching for the appropriate blueprints to establish effective risk accountability.