Global professional services firm Alvarez & Marsal continues to expand its European business by strengthening its restructuring presence in Switzerland. A&M’s new Managing Director Alessandro Farsaci has joined the firm to build and lead the Swiss Restructuring practice.

As businesses Pivot to RecoveryTM, a new set of liquidity risks will come into play as operations re-start. As lockdown measures are relaxed across geographies, attention will shift to recovery. It is essential that boards and management teams maintain visibility of liquidity as they develop recovery plans.

Alvarez & Marsal’s new Scotland office hosts the inaugural Scotland Asset Manager Breakfast Briefing.

A&M has strengthened its global e-Discovery capabilities in Hong Kong and Brazil with the cloud-based RelativityOne offering. The firm also launched e-Discovery services in Switzerland.

The role of a life sciences company is to develop drugs and treatments. Some treatments will prove successful and improve the lives of potentially millions of people, while others will never make it to market. This is a business model filled with uncertainty.

Last Friday, the IRS updated its Frequently Asked Questions (FAQs) with respect to the Employee Retention Credit (ERC).

After taking steps to recover and stabilise from the Covid-19s crisis, portfolio companies should prepare for growth. It is an opportune time to either re-visit an existing MIP and/or implement a new MIP. A&M's Reward & Employment Tax Solutions team can help with the design, valuation, implementation, and ongoing maintenance of an equity-based incentive plan that is aligned to your corporate objectives.

Volume 3: June 2020 -- COVID-19 Update on CJRS revisions and ERS reporting reminder for 6 July 2020

The world has changed significantly over the last few months due to the economic disruption caused by COVID-19. As a result, businesses need to reevaluate their existing policies and agreements on sharing of U.S. income taxes between members of a corporate group. In a growing economic environment, these policies and agreements may not have had a great deal of economic importance. But, based on the recent change in the economy, and the change in law regarding the ability to claim federal income tax refunds, these policies and agreements may become significantly important. 

Facing a projected $54 billion budget deficit, California Governor Gavin Newsom was forced to go back to the budget drawing board.

Historically, the field work phase of pre-acquisition due diligence was almost always performed on-site and in-person