New Restructuring Era in Debt-Laden Gulf Sets Off Hiring Spree
New Restructuring Era in Debt-Laden Gulf Sets Off Hiring Spree Bloomberg 1/21/2021 Nicolas Parasie (Bloomberg) -- The world’s biggest restructuring firms are boosting their presence in the Gulf region, anticipating a spate of turnaround work as companies succumb to the coronavirus pandemic after years of economic pain. New York-based Alvarez & Marsal Inc., which worked on the Lehman Brothers Holdings Inc. bankruptcy, has already added three seasoned professionals to its Middle East team this year. The hires are part of an effort to expand to about 150 in the region over th...