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.

Three senior executives from the RSM Nelson Wheeler...

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