Richard Wu

Managing Director
Specializes in developing creative solutions for distressed companies
Experienced in all aspects of restructuring
Advises clients in and out of court and represents both debtors and creditors
Miami
@alvarezmarsal
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Richard Wu is a Managing Director with Alvarez & Marsal Restructuring & Turnaround in Miami. For more than two decades, he has developed creative solutions for distressed companies, including formulating and executing strategic business plans, balance sheet restructuring, cash-flow forecasting, budgeting, and working capital management.

Mr. Wu works primarily with underperforming companies and has been involved in all aspects of the restructuring process. He has served as a restructuring officer, interim chief financial officer, and trustee, and he has advised clients and boards both in and out of court and for debtor and creditor constituencies.

Mr. Wu’s notable engagements include serving as a restructuring advisor to Spirit Airlines, a $5 billion ultra-low-cost airline in its Chapter 11 proceedings. His other notable restructuring cases include GenesisCare, a $2 billion radiation oncology operator; GTT Communications, a $2 billion publicly traded communications company; Power Engineering Services, a $2 billion oil refinery in North America; Country Fresh, a $500 million leading provider of fresh-cut fruit and meal kits; Roadrunner Transportation Systems, a $2 billion asset-light supply chain solutions provider; Brock Group, a $1 billion premier industrial specialty maintenance and capital services provider of scaffolding, insulation, and coating services; Layne Christensen, a $800 million diversified construction company; MModal, a $400 million medical transcription company; and the secured lender of Pilgrim’s Pride, a $7 billion poultry company.

Prior to joining A&M, Mr. Wu served as Senior Analyst with a multibillion-dollar institutional lender, where he was responsible for credit risk analysis. Prior to that, he was an Analyst with a multibillion-dollar hedge fund, performing financial due diligence on distressed companies.

Mr. Wu earned a bachelor’s degree (concentration in finance and accounting) from the University of Miami. He is a Certified Insolvency & Restructuring Advisor and a member of the American Bankruptcy Institute, the Turnaround Management Association, and the Association of Insolvency & Restructuring Advisors.

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A&M Managing Director Rich Newman and Director Conrad Ragan were recently featured in The Credit and Financial Management Review, where they explore the impact of LMEs on credit markets, including increased litigation, risks to creditors, and market distortions.
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