AIRA Recognizes Simon, Fleming and Cizmic as CIRA Award Winners for 2020

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.

July 15, 2021 AIRA | AlixPartners | Alvarez & Marsal | Bryan Fleming | David Barmish | Hrvoje Cizmic | Nate Simon | Patrik Kast | PricewaterhouseCoopers | SB360 Capital Partners Ian Koplin

Freeport Financial Appoints Colletti and VanDangens to Associates Roles

Freeport Financial Partners, a U.S.-based lower middle market direct lending manager, appointed James Colletti and Ryan VanDagens to associate roles. They will be responsible for sourcing, structuring and managing middle market debt investments for Freeport loan funds.

February 22, 2021 Deloitte | Freeport Financial | James Colletti | Josh Howie | PricewaterhouseCoopers | Ryan VanDagens Phil Neuffer

Olson to Retire as CFO/COO of First Eagle Alternative Credit

Terry Olson, COO and CFO of First Eagle Alternative, will retire on June 30, 2021. The company will seek a replacement CFO to transition Olson’s operating responsibilities.

January 21, 2021 Chris Flynn | First Eagle Alternative Credit | Highland Capital Partners | PricewaterhouseCoopers | Terry Olson Phil Neuffer

Alvarez & Marsal Taxand Add Ewigleben and Din

Alvarez & Marsal Taxand, an affiliate of professional services firm Alvarez & Marsal, hired senior directors Thomas Ewigleben and Josh Din. Ewigleben previously served at Deloitte and KMPG, while Din joined from PricewaterhouseCoopers.

November 3, 2020 Albert Liguori | Alvarez & Marsal | Alvarez & Marsal Taxand | Deloitte | Ernesto R. Perez | Josh Din | KMPG | PricewaterhouseCoopers | Thomas Ewigleben Ellie Delany

PwC Reaches $335MM Settlement with FDIC Over Audits of Failed Bank

The FDIC reached a $335 million settlement with PricewaterhouseCoopers related to professional negligence claims brought by the FDIC against accounting firm arising out of the audits of the failed Colonial Bank.

March 18, 2019 Colonial Bank | FDIC | Federal Deposit Insurance Corporation | PricewaterhouseCoopers | PwC Amanda Koprowski

PwC Picks Timothy Ryan as U.S. Chairman

PricewaterhouseCoopers selected Timothy F. Ryan as its new U.S. chairman for a four-year term beginning on July 1, 2016, succeeding Bob Moritz, who is becoming global chairman.

April 18, 2016 PricewaterhouseCoopers | PwC | Timothy F. Ryan Rita Garwood

Annual Venture Investments Rise

Venture capitalists invested $29.4 billion in 3,995 deals in 2013, an increase of 7% in dollars and a 4% increase in deals over the prior year, The MoneyTree™ Report by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters.

January 22, 2014 National Venture Capital Association | PricewaterhouseCoopers | Venture Investments ABF Journal

PwC to Assist SunTech With Restructuring

Suntech Power Holdings announced that PricewaterhouseCoopers was appointed to work with the company’s board of directors to continue the company’s restructuring.

November 11, 2013 PricewaterhouseCoopers | Suntech Power Holdings ABF Journal

CFO: Bank Internal Auditors Warned About Lending Risks

CFO reported that, according PricewaterhouseCoopers, auditors have to be more diligent in their oversight of banks because financial institutions continue to face geopolitical and macroeconomic headwinds.

October 1, 2013 CFO magazine | Lending Risks | PricewaterhouseCoopers ABF Journal

NYT: Lehman Europe Creditors Might Be Fully Repaid

The New York Times reported that creditors of the Lehman Brothers’ European division might receive all of their money back, citing a report from PricewaterhouseCoopers.

April 15, 2013 Lehman Brothers | Lehman Brothers International Europe | Lehman Europe Creditors | PricewaterhouseCoopers ABFJ News