Julie Hertzberg

Managing Director
24+ years of restructuring experience
Specializes in Chapter 11 case administration and post-bankruptcy plan implementation 
Member of the Restructuring & Turnaround practice executive committee
Detroit
@alvarezmarsal
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Julie M. Hertzberg is a Managing Director with Alvarez & Marsal Restructuring & Turnaround in Detroit. She specializes in Chapter 11 case preparation and complex claims reconciliation. Ms. Hertzberg sits on the executive committee of A&M’s North American Restructuring & Turnaround practice.

Ms. Hertzberg oversees Chapter 11 preparation and reporting requirements from pre-filing through distribution. This includes preparing the creditor matrix, drafting schedules and statements of financial affairs, performing claims reconciliation, leading lease assumption/rejection analyses, driving distribution processes, and executing all facets of post-confirmation winddown. She collaborates with the various professionals and clients involved, integrating the financial and legal reporting requirements necessary to file and manage a Chapter 11 case.

With 24 years of restructuring experience, Ms. Hertzberg has advised on hundreds of Chapter 11 bankruptcy proceedings. Her notable assignments include Lehman Brothers, Puerto Rico, Yellow Corporation, Celsius Network, Revlon, Rite Aid Corporation, Seadrill, iHeartMedia, Blockbuster, Patriot Coal, Visteon Corporation, and The Chicago Tribune.

Prior to joining A&M, Ms. Hertzberg practiced law in the Corporate Restructuring practice at Pepper Hamilton (now Troutman Pepper Locke). She also served as a Managing Director for an international claims agent and information management firm.

Ms. Hertzberg earned a bachelor’s degree from the University of Virginia and a JD (honors) from the University of New Mexico. She is a Past President of INSOL International, an insolvency and restructuring organization with over 10,000 members in over 90 countries.

Insights By This Professional

A&M Managing Director Julie Hertzberg has been selected as an American College of Bankruptcy Fellow, recognized for her professional excellence and exceptional contributions to the bankruptcy and insolvency practice.
A&M has promoted Restructuring & Turnaround practice Managing Director Erin McKeighan as co-head of its Case Management Services group, serving alongside Managing Director, Julie Hertzberg.
For many companies, emergence from the restructuring process marks a fresh start with a stronger balance sheet and greater financial flexibility. Often, emergence also provides a new beginning for the business with a chance to overhaul the underlying culture and reestablish the company’s reputation among key stakeholders. 
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results.
Latest insights The latest insights from Julie Hertzberg's team
Press Releases
London, 7 January 2026 – Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its Restructuring practice with the appointment of Matt Atkinson as a Managing Director in London.