FTI Consulting Archives

Starry Files Voluntary Chapter 11, Backed by RSA with Lenders

Starry Group Holdings and subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware and have entered into a restructuring support agreement with lenders holding the company’s debt.

Avaya Holdings Enters into Restructuring Support Agreement with Secured Lenders

Avaya Holdings, a provider of solutions to enhance and simplify communications and collaboration, entered into a restructuring support agreement with overwhelming support of more than 90% of the company’s secured lenders.

FTI Consulting Appoints Staelens as Senior Managing Director, Retail & Consumer Products

FTI Consulting appointed Kurt Staelens as a senior managing director in the retail and consumer products practice within the firm’s corporate finance and restructuring segment.

February 10, 2023 FTI Consulting | J.D. Wichser | Kurt Staelens Ian Koplin

FTI Consulting Appoints Baumkirchner to Lead Esoteric Asset-Backed Securitization Offering

FTI Consulting appointed Michael Baumkirchner as a senior managing director to lead the esoteric asset-backed securitization offering within the firm’s lender services practice.

February 3, 2023 FTI Consulting | Kris Coghlan | Michael Baumkirchner Ian Koplin

Serta Simmons Bedding Commences Pre-Arranged Chapter 11 Proceedings

Serta Simmons Bedding, a global sleep company, is taking steps to strengthen its financial position as it continues to support long-term growth.

FTI Consulting Appoints Three Senior Managing Directors in Australia

FTI Consulting has appointed three senior managing directors within its cybersecurity, corporate finance & restructuring and technology practices located in Australia. The three hires include Wouter Veugelen, Hayden White and Michael Khoury.

January 17, 2023 FTI Consulting | Hayden White | Mark Dewar | Michael Khoury | Wouter Veugelen Ian Koplin

Austin Smith Joins Compass Lexecon as Senior Managing Director and Chair of Global Finance Practice

Yvette Austin Smith joined FTI Consulting’s Compass Lexecon subsidiary as a senior managing director and chair of its global finance practice.

January 12, 2023 Compass Lexecon | Daniel R. Fischel | FTI Consulting | Yvette Austin Smith Ian Koplin

Altera Infrastructure Emerges from Chapter 11

Altera Infrastructure, a supplier of infrastructure assets to the offshore energy industry, emerged from the Chapter 11 process in the United States Bankruptcy Court for the Southern District of Texas after successfully consummating its chapter 11 plan of reorganization.

FTI Capital Advisors Adds Baker, Kahn and Rivera as Managing Directors

FTI Consulting announced the continued expansion of FTI Capital Advisors, the firm’s wholly owned investment banking subsidiary, with the addition of Rod Rivera as a senior managing director and David Baker and Roger Kahn as managing directors.

January 6, 2023 David Baker | FTI Consulting | Glenn Tobias | Rod Rivera | Roger Kahn Ian Koplin

FTI Consulting Promotes 35 Professionals to Senior Managing Director

FTI Consulting promoted 35 professionals within the firm’s corporate finance and restructuring segment to senior managing director, effective Jan. 1, 2023.

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