North American Commercial Restructuring

We help companies stabilize financial and operational performance by addressing problems head-on and driving rapid change to preserve and create value

The A&M North American Commercial Restructuring team provides a one stop solution to companies or investors in distressed situations across the region. We have a proven track record of providing restructuring solutions that maximize value for all stakeholders.

Jeffery Stegenga

Managing Director

United States

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Douglas McIntosh

Managing Director

Canada

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Stephen Ferguson

Managing Director

Canada

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Restructuring Solutions

Interim & Crisis Management

We seamlessly step into interim management roles to lead in periods of distress or change.

Case Management Services

We support a company’s data gathering, analytical and reporting needs in the bankruptcy process or when evaluating large-scale claims exposure..

Lender Advisory

We help creditor groups evaluate restructuring alternatives to ensure they maximize their recovery.

Restructuring Compensation Services

Compensation planning for troubled companies is complex and must be timely to support the overall proceedings.

Corporate Finance North America

We drive transactions from conception to closing with independent advice and a holistic approach.

Unsecured Creditors’ Committee Advisory

As unsecured creditors’ committees strive to maximize recoveries, they can rely on us to determine the optimal path forward.

Thought Leadership

Rich Newman and Conrad Ragan Featured in The Credit and Financial Management Review

January 8, 2025

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.

Press Releases

Alvarez & Marsal Announces Gaurav Malhotra as a North American Commercial Restructuring Managing Director and Executive Committee Member

November 21, 2024

A&M welcomes Gaurav Malhotra within its North American Commercial Restructuring practice as a Managing Director and Executive Committee member.

Press Releases

Alvarez & Marsal Adds Elan Ben-Avi as Managing Director to Its North American Commercial Restructuring Practice

November 14, 2024

A&M welcomes Elan Ben-Avi as a Managing Director in its North American Commercial Restructuring (NACR) practice.

Press Releases

Julie Hertzberg Selected as an American College of Bankruptcy Fellow

November 4, 2024

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.

North American Commercial Restructuring

We help companies stabilize financial and operational performance by addressing problems head-on and driving rapid change to preserve and create value

Jeffery Stegenga

Douglas McIntosh

Stephen Ferguson

Interim & Crisis Management

Case Management Services

Lender Advisory

Restructuring Compensation Services

Corporate Finance North America

Unsecured Creditors’ Committee Advisory

Rich Newman and Conrad Ragan Featured in The Credit and Financial Management Review

Alvarez & Marsal Announces Gaurav Malhotra as a North American Commercial Restructuring Managing Director and Executive Committee Member

Alvarez & Marsal Adds Elan Ben-Avi as Managing Director to Its North American Commercial Restructuring Practice

Julie Hertzberg Selected as an American College of Bankruptcy Fellow

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