Monday, December 30, 2019

Alvarez & Marsal cleans up

Alvarez & Marsal cleans upAlvarez & Marsal cleans upThe big business news in todays headlines is that Lehman is now hiring. How is that possible, you ask? The explanation is simple, says Bryan Marsal of restructuring firm Alvarez the consultancy is charging $550 to $850 for its top executives, with incentive fees depending on its recovery for creditors.It aint pretty work, but for those consultants in the bankruptcy and restructuring arena, theres surely more to come.

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