AlixPartners | Global news | Restructuring

An overview of AlixPartners global news:

United States

North America | United States

AlixPartners adds veteran retail consultant Justin MacFarlane AlixPartners has hired Justin MacFarlane as a partner and managing director in its global retail practice.
25 January 2023
United States

North America | United States

Bed Bath & Beyond hires AlixPartners as bankruptcy looms Bed Bath & Beyond has hired turnaround and restructuring consultancy AlixPartners amid preparations for bankruptcy protection, people familiar with the matter told Reuters.
09 January 2023
United States

North America | United States

Restructuring experts say pandemic will continue to cause financial distress The vast majority (96%) of restructuring experts say the Covid-19 pandemic will continue to cause their clients distress in 2021, according to a recent survey from AlixPartners.
21 June 2021
Middle East

Middle East | Regional

Leading restructuring consulting firms ramping up in Gulf Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business struggles brought about by the coronavirus.
17 February 2021
United Kingdom

Europe | United Kingdom

Cinema chain Cineworld calls in AlixPartners and PJT Partners The world's second-biggest cinema chain Cineworld has brought in a team of consultants from AlixPartners and PJT Partners to help it come through the most challenging period in its 25-year history.
27 October 2020
United Arab Emirates

Middle East | United Arab Emirates

AlixPartners to liquidate assets of Burj Khalifa and Louvre builder Arabtec – a company most known for its role in the construction of world’s tallest building Burj Khalifa and the iconic Louvre replica in Abu Dhabi – has gone into liquidation.
27 October 2020
Middle East

Middle East | Regional

'Middle East should brace itself for restructuring wave' As the economic impact of the Covid-19 crisis manifests itself, Matthew Wilde, a Managing Director at AlixPartners in the Middle East, anticipates a sea of firms will be forced to restructure their operations.
22 June 2020
United Arab Emirates

Middle East | United Arab Emirates

Matthew Wilde leads restructuring practice of AlixPartners Matthew Wilde, the former Head of Corporate Finance and Restructuring at PwC in the Middle East, has joined AlixPartners at a time “when it really matters” for the region amid a spike in turnaround activity.
02 June 2020
United Kingdom

Europe | United Kingdom

AlixPartners advising Casual Dining Group on restructuring The firm behind casual dining brands such as Bella Italia and Café Rouge has filed to appoint administrators.
20 May 2020
United States

North America | United States

Peter Fitzsimmons rejoins AlixPartners restructuring practice Peter Fitzsimmons has rejoined AlixPartners as a managing director in the turnaround and restructuring practice. He will remain based in New York City.
12 May 2020
United States

North America | United States

JC Penney hires AlixPartners as debts mount and revenues drop Beleaguered retailer JC Penney has added AlixPartners to its roster of advisers as it struggles with mounting debt and dwindling sales, according to Bloomberg News.
17 April 2020
United States

North America | United States

Struggling retailer Pier 1 Imports names AlixPartners advisor as interim CFO Texas-based home goods retailer Pier 1 Imports has appointed Deborah Rieger-Paganis, a managing director at AlixPartners, as its interim chief financial officer.
23 April 2019
United Kingdom

Europe | United Kingdom

Johnston Press commissions AlixPartners for possible administration With the printed press facing deflating revenues and declining readership in the UK, troubled newspaper publisher Johnston Press is preparing to hand control to its lenders as the search for a rescue
15 November 2018
United States

North America | United States

AlixPartners to acquire rival Zolfo Cooper's US operations Management consultancy has announced its intention to acquire the US operations of Zolfo Cooper, a boutique financial advisory and interim management firm.
28 September 2018
United Kingdom

Europe | United Kingdom

AlixPartners helps British Steel with raising asset-backed financing Global consulting firm AlixPartners has advised British Steel on the raising of a £90 million of asset-backed finance injection from White Oak Global Advisors.
26 September 2018
United Arab Emirates

Middle East | United Arab Emirates

AlixPartners brought in by Abraaj health fund investors to oversee split Global management firm AlixPartners is the latest to be added to a growing list of consultancies brought in to sift through the wreckage of the Abraaj collapse, with Deloitte meanwhile tapped by regu
20 August 2018
United States

North America | United States

AlixPartners names Greg Donat new Global Head of Strategy and Business Development Greg Donat joins AlixPartners’ Turnaround & Restructuring practice as the Global Head of Strategy and Business Development.
25 June 2018
United States

North America | United States

McKinsey faces conflict of interest questions over retirement fund McKinsey & Company is under scrutiny after the Wall Street Journal uncovered evidence that its retirement fund held investments that may have created a conflict of interest in six bankruptcy cases in
22 June 2018
United Kingdom

Europe | United Kingdom

AlixPartners to restructure Prezzo while Carluccio's hires KPMG Consultants from AlixPartners and KPMG have been tapped by two ailing members of the UK casual dining scene.
12 March 2018
United Kingdom

Europe | United Kingdom

Corporate advisors consult on near $4 billion restructure of Ocean Rig Corporate and restructuring advisors from AlixPartners, Kalo Advisors, as well as legal experts from Orrick and Sidley, among others, were part of a team that successfully managed to restructure the
31 October 2017
United Kingdom

Europe | United Kingdom

Bon-Ton taps AlixPartners to advise on turnaround efforts Bon-Ton has hired consulting firm AlixPartners to provide operational advice regarding its turnaround efforts, while restructuring advisory PJT consider refinancing of the company’s debts.
09 October 2017
United Kingdom

Europe | United Kingdom

Croatian government picks AlixPartners to advise on Agrokor restructuring AlixPartners have been selected as advisors for the restructuring of Croatian food-to-retail consortium Agrokor Group.
28 June 2017
United Kingdom

Europe | United Kingdom

Demand for restructuring services expected to increase in US and UK Restructuring activity in the US and other major economies is projected to increase in 2017.
20 February 2017
United Kingdom

Europe | United Kingdom

Demand for restructuring and turnaround in Asia Pacific on the rise The economic slowdown in China, as well as global instability, low commodity prices and changing interest rates, means that corporates in the Asia Pacific region may find themselves in strife.
09 August 2016
United Kingdom

Europe | United Kingdom

Corporate restructuring on the rise in Asia-Pacific The need to restructure is set to rise in the Asia-Pacific region, according to 93% of respondents to a recent AlixPartners survey.
03 September 2015
United Kingdom

Europe | United Kingdom

Insolvency Rescue Awards: 6 consulting firms shortlisted Tomorrow, on 1st October 2014, the Insolvency & Rescue Awards will be take place in London, an event which celebrates excellence and best practices in insolvency and business rescue. Six consulting firms have been shortlised as finalists.
30 September 2014
United Kingdom

Europe | United Kingdom

AlixPartners leads restructuring of Puerto Rico Electric Managing Director of consulting firm AlixPartners Lisa Donahue has been hired to lead the restructuring of the Puerto Rico Electric Power Authority (PREPA). Donahue will lead the negotiations with PREPA’s creditors and the development of a 5-
11 September 2014

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