The idea that employees performing substantially equal work should be paid equally is not new. In fact, efforts to address pay discrepancies in the workplace, and specifically the gender pay gap, have been ongoing since before the passage of the Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964. While significant progress has been made, research shows that gender-based pay disparities continue to be a problem which cannot and should not be ignored by employers.

Alvarez & Marsal's Benjamin Dunlap explains the how the banks in the Middle East fare as it relates to Financial Crime Compliance (FCC) and why they need to rethink current compliance practices and become more proactive.

A&M India advised on the historic Essar Steel Ltd deal. Managing Directors Nandini Chopra, Vivek Kamra, and Nikhil Shah supported the insolvency proceedings of India’s biggest Insolvency and Bankruptcy Code (IBC) recoveries.

Few sectors are in greater need of transformation than oil and natural gas producers in North America. With the relatively stable oil price of the last four years, too many small producers lack the scale to cover their production costs and as a result, have built up substantial debts: S&P figures show around $137 billion in borrowings will be due by 2022.

Leading global professional services firm Alvarez & Marsal (A&M) has strengthened its presence in Germany by opening its fourth regional office in Düsseldorf to help businesses maximise value, especially those located in Nord Rhine-Westphalia.

Paul Aversano, Alvarez & Marsal managing director and global practice leader of its Transaction Advisory Group, speaks to Global Finance about the state of the industry, investor concerns and deal-making.

In moving beyond the political and cultural debates surrounding Brexit, the United Kingdom is now presented with one of those rare opportunities to more fully hit the “reset” button on many of its economic policies, including taxation.

On December 20, 2019, President Trump signed a year-end spending package that included the long-awaited Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”), ushering in the most sweeping reform to retirement saving in the U.S. since the Pension Protection Act of 2006.

Businesses operating in China face multiple questions across all functions. How bad is it or will there be any real impact? What’s the immediate strategy and actions to “stay alive”? How to support the government requirement while ensure business continuity?

Alvarez & Marsal continues to grow in France and to strengthen its Global Transaction Advisory Group (TAG) team with the appointment of Ghislain de Seze (Managing Director), Violaine Saint Romas (Senior Director), Kossi Aglamey-Pap (Senior Director), and Louis Darrieus (Director) in Paris.

A&M Taxand UK and Taxand commissioned macroeconomic research firm, Capital Economics, in Autumn 2019, to analyse and assess the tax system options available to the UK post-Brexit.

Digital transformations are fueling data growth, including passively capturing personal information. Over recent years, the complexity in responding to broad based discovery requests pose difficulties due to developing data technologies, cloud and mobile applications, cross-border data disbursement, and increased data volumes.

At the start of 2020, uncertainty in virtually every industry is dampening investors’ appetite for risk. In the last ten years, the rising tide of the market has lifted all boats, but if tensions continue to rise on the geo-political front or taxes were to be overhauled (especially capital gains) under a new U.S. President, these major issues will encourage investors to hold cash.

For most of the 19th and 20th centuries, the United States was considered to have the most advanced infrastructure in the world, supported by the quality and integrity of the roads, railways, bridges, airports and utilities.

Schools, libraries, hospitals, courthouses, and government buildings serve as the cornerstone of society and facilitate core functions of democracy. Despite the critical role these facilities play in our daily lives, our public buildings, often referred to as social infrastructure, are crumbling.