Alvarez adds team of 80
US liquidation specialist, Alavarez & Marsal expands aggressively. Is Asia set for a spate of bankruptcies?
In what may be a disturbing leading indicator for Asia, US bankruptcy and liquidation specialist Alvarez & Marsal is beefing up in the region. It has just announced it is acquiring an 80 strong team that formerly comprised RSM Nelson Wheeler Corporate Advisory Services. The US firm - which established itself in Asia two years ago - is absorbing a business that has 10 years experience in the region.
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