Seth Waschitz

Senior Director
17+ years of experience providing advisory services
Specializes in representing official committees of unsecured creditors in bankruptcy proceedings
Clients in a range of industries, including airlines, consumer products, and media
New York
@alvarezmarsal
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Seth Waschitz is a Senior Director with Alvarez & Marsal Restructuring & Turnaround in New York. He specializes in representing official committees of unsecured creditors in bankruptcy proceedings.

For more than 17 years, Mr. Waschitz has provided advisory services to companies, secured lenders, unsecured creditors, and equity holders in M&A, restructuring (in bankruptcy and out-of-court workouts), and capital raise transactions across a wide range of industries, including airlines, aerospace and defense, media, technology, telecoms, hospitality, business services, financial services, insurance, paper and packaging, pharmaceuticals, consumer products, gaming, infrastructure, and transportation.

Mr. Waschitz’s notable unsecured creditors’ committee assignments include Pegasus Home Fashions, VICE Media, SmileDirect Club, Boxed, National CineMedia, National Realty Investment Advisors, Cyxtera, Alto Maipo, Mallinckrodt Pharmaceuticals, Avianca, North Pacific Paper Company, Shiloh Automotive, NPC International, Lucky Brand, Frontier Communications, Ravn Air, KP Engineering, Bayou Steel, LifeCare, Houlihan’s, Hollander Sleep Products, Orchids Paper, Synergy Pharmaceuticals, Scottish Re, Mesa Airlines, Gemini Air Cargo, and Independence Air.

Mr. Waschitz also advised Cenveo on the purchase of National Envelope via a 363 sale process, represented the bondholders in the Chapter 9 restructuring of the Southern Connector Toll Road, represented the Pilot’s Union of United Airlines in contract negotiations post-merger with Continental Airlines, and advised IFM’s Chapter 11 purchase of the Indiana Toll Road.

Prior to joining A&M, Mr. Waschitz spent 11 years with Macquarie Capital in New York, where he was a Vice President in the Restructuring and Special Situations Group as well as the Technology, Media and Telecom investment banking team. Before that, he was a member of Giuliani Capital Advisors.

Mr. Waschitz earned a bachelor’s degree in business administration (cum laude, dual concentration in finance and business law) from Boston University’s School of Management.

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