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Alvarez & Marsal Expands into Southwest U.S. Region; Dallas, Houston, and Austin Offices to be led by Debtor Advisory and Restructuring Experts Sam Pyland and Dean Swick.


Business Editors

Alvarez & Marsal, a premier worldwide corporate restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). , crisis management and creditor An individual to whom an obligation is owed because he or she has given something of value in exchange. One who may legally demand and receive money, either through the fulfillment of a contract or due to injury sustained as a result of another's Negligence  advisory firm, announced today its further expansion into the Southwest region of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  with the opening of Dallas, Houston and Austin offices to be led by corporate turnaround specialists, Sam Pyland and Dean Swick.

The move comes in response to an increased demand for restructuring, interim and crisis management services within the region. Alvarez & Marsal provides financial and operational restructuring services to troubled companies and those entities in need of performance improvement.

As Managing Directors for the U.S. Southwest region, Messrs. Pyland and Swick will be spearheading Alvarez & Marsal's efforts to serve an increasing number of under performing or distressed companies throughout the Southwest region, spanning a wide industry spectrum. Pyland and Swick expect to reinforce the Alvarez & Marsal network in the United States as well as in Europe and Asia, with 17 restructuring and crisis management professionals in Dallas, Houston and Austin.

"This expansion of Alvarez & Marsal in the Southwest region is a result of our tremendous growth and commitment to serve the industrial, commercial, and consumer driven markets," commented Managing Director and Regional Leader Sam Pyland. "Alvarez & Marsal is uniquely qualified to address the needs of the region, and members of our team have been in the area for over 20 years."

Pyland has over 30 years of restructuring and turnaround experience in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. Over his career, Sam has advised debtors and creditors in out-of-court and in-court restructuring and turnarounds, involving a wide range of industries. Prior to Alvarez & Marsal, Pyland helped build and led Coopers & Lybrand's restructuring practice. Earlier in his career, Sam led the workout Workout

Informal repayment or loan forgiveness arrangement between a borrower and creditors.


workout

1. The process of a debtor's meeting a loan commitment by satisfying altered repayment terms.
 division for a financial institution.

"We are pleased to have both Sam and Dean join the Alvarez & Marsal team," said Bryan Marsal, founding partner of Alvarez & Marsal. "Their impressive credentials CREDENTIALS, international law. The instruments which authorize and establish a public minister in his character with the state or prince to whom they are addressed. If the state or prince receive the minister, he can be received only in the quality attributed to him in his credentials.  and highly successful track record are widely respected within the corporate community and they will certainly be an incredibly valued resource that our clients can draw upon."

"Our seasoned team of professionals has the ability to not only diagnose diagnose /di·ag·nose/ (di´ag-nos) to identify or recognize a disease.

di·ag·nose
v.
1. To distinguish or identify a disease by diagnosis.

2.
 problems and identify solutions within companies, but also act as interim and crisis management officers, should the need arise," added Dean Swick. "The size and experience of our offices, coupled with the breadth of services we are able to provide, gives us a significant competitive advantage in this region."

Swick has approximately 25 years of experience providing restructuring and financial advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to companies and creditors in North America and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere.  across a broad range of industries. Prior to joining Alvarez & Marsal, Swick led the Southwest region restructuring and energy investment banking practices for Andersen. Swick started his career in banking, which included 11 years with JP Morgan Chase. During his time in banking Swick was focused on serving the domestic and global energy industry clients.

Alvarez & Marsal's Southwest team includes Senior Directors Kelly E. Elmore III, William S William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack
. Romney, and Charles W. Reeves. Elmore is based in the Houston office and has 23 years of restructuring, financial advisory and investment banking experience with clients in the energy industry and other industrial segments. Romney is based in the Austin office and has 22 years of restructuring and financial advisory experience, including advising companies and creditors in South America. Reeves is based in the Dallas office and has approximately 15 years of restructuring and financial advisory experience. Elmore, Romney and Reeves were formerly with corporate restructuring practices of Big Five accounting firms and each began his career with major financial institutions.

Additionally, the Southwest region team is complemented by Directors Nicholas D'Ambrosio and Robert S Robert, Henry Martyn 1837-1923.

American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876).

Noun 1.
. Moor. D'Ambrosio is based in the Houston office and has 20 years of legal and financial advisory experience. Moore is also based in the Houston office and has approximately 25 years restructuring and investment banking experience.

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal (A&M) is one of the world's premier corporate restructuring, crisis management and creditor advisory firms. A&M's senior consultants are dedicated to solving complex business, financial and operational problems in order to unlock and realize maximum value for stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 and shareholders alike. Through 12 offices and 140 employees worldwide, A&M provides unparalleled financial and operational services to troubled and under performing companies through its core services The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 which include, Turnaround Consulting: Crisis and Interim Management: Creditor and Financial Advisory Services: Performance Improvement and Renewal: Business Plan Assessments, and Trustee and Examiner Services. For more information please contact Rebecca Baker, Director of Marketing and Communications at rbaker@alvarezandmarsal.com
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 16, 2002
Words:756
Previous Article:NMS Communications' CEO Bob Schechter to Give Carrier 'Reality Check' at VOX2002, The Kelsey Group's Voice & Wireless Commerce Conference.
Next Article:Alvarez & Marsal Expands in Midwest Region with New Chicago Office; Industry Veteran and Restructuring Specialist Thomas Hill to Lead New A&M Office.



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