Co-Head of Alvarez & Marsal's Corporate Finance Group Inducted as a Fellow to The American College of Bankruptcy.

Managing Director James Decker Among 26 Elite Bankruptcy and Insolvency Professionals Inducted to Honorary Professional and Educational Association

ATLANTA -- Alvarez & Marsal, the independent global professional services firm, announced that James Decker, a managing director and co-head of the Corporate Finance Group, is among 26 elite nominees recently inducted into the Eighteenth Class (2007) of Fellows to The American College of Bankruptcy, an honorary professional and educational association of bankruptcy and insolvency professionals. He is one of only a few non-lawyers to receive this honor.

"We congratulate Jim on being among the select few to receive this top honor," said Bryan Marsal, co-CEO of Alvarez & Marsal. "This recognition is a testament to the great level of service and leadership that he demonstrates at the helm of the firm's Corporate Finance group."

With more than 16 years of investment banking experience, Mr. Decker is based in Atlanta and co-heads the group with managing director George Varughese, who is based in New York. In this role, Mr. Decker focuses on middle market restructuring, financing, and merger and acquisition advisory services. Over the course of his career, he has initiated and completed a variety of transactions including restructurings, reorganizations, exclusive sale assignments, acquisitions, divestitures, debt and equity financings, management buyouts, leveraged buyouts, recapitalizations, valuations, and fairness opinions.

The American College of Bankruptcy is an honorary professional and educational association of bankruptcy and insolvency professionals. The College plays an important role in sustaining professional excellence in this rapidly expanding field of expertise. College Fellows include commercial and consumer bankruptcy attorneys, insolvency accountants, turnaround and workout specialists, law professors, judges, government officials and others involved in the bankruptcy and insolvency community.

Nominees for Fellows are extended an invitation to join based on a record of achievement reflecting the highest standards of professionalism. Criteria for selection include: the highest standard of professionalism, ethics, character, integrity, professional expertise and leadership contributing to the enhancement of bankruptcy and insolvency law and practice; sustained evidence of scholarship, teaching, lecturing or writing on bankruptcy or insolvency; and commitment to elevate knowledge and understanding of the profession and public respect for the practice. The College now has 663 Fellows, each selected by a Board of Regents from among recommendations of the Circuit Admissions Council in each federal judicial circuit and specially appointed Committees for Judicial and Foreign Fellows.

Mr. Decker was inducted among the other Fellows from the United States and abroad at the historic National Building Museum in Washington, D.C., on March 23. In addition to becoming a Fellow of The American College of Bankruptcy, Mr. Decker is a director of the Association of Insolvency and Restructuring Advisors (AIRA), and a director of the Atlanta Chapter of the Turnaround Management Association (TMA). He serves the American Bankruptcy Institute (ABI) as both co-chair of the Investment Banking Committee and co-chair of the Southeastern Bankruptcy Workshop.

Alvarez & Marsal

For more than 20 years, Alvarez & Marsal has set the standard for working with organizations to tackle complex issues, boost performance and maximize value for stakeholders.

As the leading, independent global professional services firm, Alvarez & Marsal excels at leadership, problem solving and value creation. Whether serving in interim management or advisory roles, the firm draws on a deep operational heritage and hands-on approach to deliver comprehensive performance improvement, turnaround management and corporate advisory services to clients ranging from international enterprises to middle market companies to public sector and health care entities.

With a team of seasoned professionals based in North America, Europe, Asia and Latin America, the firm provides Turnaround Management services, including Performance Improvement; Turnaround and Restructuring Advisory; Crisis & Interim Management; Risk Management Advisory; Creditor Advisory and Claims Management. A&M's services also include: Business Consulting; Real Estate Advisory; Dispute Analysis & Forensics; Corporate Finance; Tax; and Transaction Advisory.

For more information, visit www.alvarezandmarsal.com.