Restructuring Firm Snapshot: Alvarez & Marsal

Law360, New York (May 12, 2006, 12:00 AM EDT) -- The year was 1983. President Ronald Reagan introduced an ambitious missile defense program which was soon dubbed “Star Wars,” and the film “Return of the Jedi” debuted in theaters. Singer Michelle Branch and socialite Nicky Hilton were born; gangster Meyer Lansky and playwright Tennessee Williams passed away.

And a few savvy businessmen were laying the foundation for today’s restructuring and turnaround industry.

Two of these visionaries were Tony Alvarez and Bryan Marsal. They saw a potential market for advice and management of troubled companies that was...
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