Amyris, a synthetic biotechnology company, is moving forward with an operational and financial restructuring to further advance its ongoing strategic transformation and position the company for long-term success.
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.
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.
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.
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.
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.
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.
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.
Suntech Power Holdings announced that PricewaterhouseCoopers was appointed to work with the company’s board of directors to continue the company’s restructuring.
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.