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Alvarez & Marsal and McGrath Nicol + Partners Enter into Strategic Affiliation.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Affiliation Combines Respective Strengths of the Leading Independent Global Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  Firm and Australia's Top Independent Corporate Advisory and Restructuring Firm

Alvarez & Marsal, the leading independent global professional services firm, and McGrath Nicol + Partners, the leading independent corporate advisory and restructuring firm in Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , have entered into a strategic affiliation agreement.

As affiliated firms, Alvarez & Marsal and McGrath Nicol + Partners will serve as preferred resources for each other in connection with engagements involving turnaround management and restructuring, insolvency, and dispute analysis and forensics See computer forensics.  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
.

"Since 1983, Alvarez & Marsal has established the largest geographic footprint of any independent, global professional services firm with an operational heritage in turnarounds and restructurings," said Tony Alvarez This article is about the Major League Baseball center fielder. For the Australian actor, see Tony Alvarez (actor).

Antonio Enrique Álvarez [AL-vah-rez] (born May 10, 1979 in Caracas, Venezuela), is a Major League Baseball center fielder and right-handed
 II, the firm's co-chief executive with co-founder Bryan Marsal. "Our commitment to quality has enabled us to provide an unmatched level of service to clients in the U.S., Europe, Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . We bring on the ground, multi-cultural and multi-lingual professionals with extensive experience serving corporate stakeholders as advisors or interim managers in complex situations.

"Our affiliation with McGrath Nicol allows us to extend our reach to Australia and New Zealand with a trusted partner that is also committed to objectivity, quality and results," he added. "McGrath Nicol + Partners is a premier advisory firm with an established reputation for its work advising companies faced with strategic challenges and financial difficulties. They share our exacting standards in problem solving problem solving

Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error.
 and value creation."

Tony McGrath, chairman of McGrath Nicol said, "We look forward to the opportunity to bring our joint resources to bear in providing independent and objective advisory services to a diverse range of clients. Quality and professionalism in everything we do are hallmarks of our business and we are pleased to become associated with Alvarez & Marsal, who share those values.

"McGrath Nicol offers a wide range of services including forensic and dispute advisory, corporate advisory and transaction services. The affiliation with Alvarez & Marsal provides a tremendous opportunity for us to further develop our restructuring and turnaround practice, and cement our position as a leading business advisory firm," Mr McGrath added.

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal is the leading independent global professional services firm, specializing in providing turnaround management and restructuring, performance improvement and corporate advisory services. With more than 800 professionals based in locations across the US, Europe, Asia, and Latin America, Alvarez & Marsal excels in problem solving and value creation. Drawing on its strong operational heritage and hands-on approach, Alvarez & Marsal professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

Alvarez & Marsal clients have included HealthSouth, Levi Strauss
This article is about the clothing manufacturer. For the anthropologist, see Claude Lévi-Strauss and for the company of the same name, see: Levi Strauss & Co..


Levi Strauss, born Löb Strauß
, Bridge Information Systems, Inc., Varig, Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see .
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing
, Interstate Bakeries Corp., Treofan and LG Phillips, among others. Alvarez & Marsal received the Turnaround Management Association's "Turnaround of the Year" award in 2003 for its work with Warnaco, Inc. and again in 2005 for its work with Spiegel, Inc. Earlier this year, the firm completed a landmark turnaround of Ihr Platz, a drug store chain in Germany, in a case that provided the first test of a relatively new law that paved the way for U.S.-style restructurings to occur in the country. For more information visit www.alvarezandmarsal.com.

McGrath Nicol + Partners

Founded in 2004 as a spin-off of KPMG's corporate recovery practice, McGrath Nicol + Partners comprises around 200 partners and staff and has offices in Auckland, NZ and all major Australian cities. Its professionals are longstanding market leaders in the fields of restructuring and insolvency. More recently, the firm has expanded its resources practising in the Government advisory, forensic and transaction service areas. The firm's clients, which have ranged from middle market companies to major corporations and spanned multiple industries, have included Australian Federal and State Governments, regulators, Australian and international commercial banks, investment banks and private equity funds.

In Australia, the partners at McGrath Nicol have handled major insolvencies ranging from HIH Insurance, ION and Pan Pharmaceuticals to the NSW NSW New South Wales

Noun 1. NSW - the agency that provides units to conduct unconventional and counter-guerilla warfare
Naval Special Warfare
 Airport Link and Victoria's National Express rail franchises. In New Zealand, McGrath Nicol has worked on a number of high profile liquidations and administrations recently, including Henry Walker Eltin, ION, Pack and Pedal (CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch.

(2) (Counts Per I
 Retail Group), CWF CWF Colonial Williamsburg Foundation
CWF Canada West Foundation (Economic Institute)
CWF Canadian Wildlife Federation
CWF Common Working File
CWF Christian Women's Fellowship
CWF Cool White Fluorescent
CWF Campaign for Working Families
 Holdings, Virgin Autos and HIH Insurance Group in New Zealand. The firm has also advised stakeholders in numerous confidential restructurings of large Australian corporations. For more information visit www.mcgrathnicol.com
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 12, 2006
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