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Bankruptcy News Makers

Welcome to Bankruptcy News Makers. Here you’ll find breaking news on hiring, promotions, company restructuring and other significant events across the bankruptcy industry. 

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Huron Consulting Group Expands Restructuring & Turnaround Practice
Huron Consulting, a leading provider of business consulting services, announced that Laura A. Marcero has joined the Company as a managing director in the Restructuring & Turnaround practice. "We are pleased to welcome Laura to Huron, where her extensive automotive supplier experience will be a great complement to our existing middle-market manufacturing and operational focus," said James H. Roth, chief executive officer, Huron Consulting Group. "Laura has advised a large number of companies in industries that have been heavily impacted by prolonged economic downturns, including those that have dealt successfully with federal government involvement in the private sector. She will be a tremendous resource for our Restructuring & Turnaround clients across industries." Marcero has more than 15 years of restructuring, turnaround and transaction expertise across an array of industries. She is well known for her work in the automotive sector and has advised automotive and manufacturing companies through various development stages. Prior to joining Huron, Marcero was a partner in Grant Thornton's Corporate Advisory & Restructuring Services practice. She also served as the automotive lead within their restructuring and Detroit practice. In addition to the automotive and manufacturing sectors, Marcero has worked in private equity, publishing, construction, steel, and investment banking industries. At Huron, Marcero will be helping expand the Company's automotive and manufacturing service offerings as well as advising clients on strategic decision-making throughout the growth cycle and for companies in transition. She has extensive experience working with the automotive supplier community. Marcero is a Certified Public Accountant in Michigan as well as a member of the American Bankruptcy Institute, Association of Insolvency and Restructuring Advisors and the American Institute of Certified Public Accountants. She will be based in Huron's Detroit office.

Ernst & Young LLP Announces Launch of Ernst & Young Capital Advisors, LLC
Ernst & Young LLP announces the launch of its affiliate Ernst & Young Capital Advisors, LLC (EYCA), a newly formed broker-dealer. EYCA joins the global network of Ernst & Young firms, offering a broad range of transaction and capital advisory services, including capital structure advisory, capital raising, restructuring, and special situations finance to middle market and larger corporate clients as well as creditors and other investors. "We recognized that, in today’s environment, we had an opportunity to leverage our capabilities in a powerful and unique way. With rapidly changing financial markets, and increasing demands on operations and people, clients need an advisor who not only understands financial markets and a business’ capital life cycle, but who also possesses deep industry knowledge, operational expertise, and a global footprint. To combine all of these capabilities and offer them seamlessly is an exciting step for us," said Rich Jeanneret, Americas Vice Chair, Transaction Advisory Services Ernst & Young LLP. Leading the capital markets and structuring effort at EYCA is Peter Sherman, Senior Managing Director. Sherman has over 22 years of experience in the industry. Prior to joining Ernst & Young, he was with Bank of America Merrill Lynch and its legacy organizations focused on capital markets and advisory services including leveraged finance, special situations finance, restructuring and principal investing. “The firm has assembled a highly experienced team of professionals and we’re excited about the opportunity to offer our clients truly independent financial advisory services alongside the deep resources of the global Ernst & Young organization," said Sherman.

Ventricelli Joins Capstone Advisory Group
Capstone Advisory Group, LLC announced that Daniel Ventricelli has joined the firm as a managing director of its Litigation and Forensic Practice Group. Ventricelli, who is an expert in areas of financial investigations, litigation consulting and bankruptcy, will join Capstone's New York City Office. Ventricelli has over 22 years of experience working with counsel to conduct accounting and financial investigations, provide litigation consulting and expert witness services and serve as forensic accountant/financial advisor to trustees, debtors, lenders and committees. Prior to joining Capstone, Ventricelli was at Protiviti where he served as a managing director in the Litigation, Restructuring and Investigative Services practice. Prior to Protiviti, he was a senior managing director in the Forensic and Litigation Consulting segment at FTI Consulting. Ed Ordway, executive director and co-founder of Capstone Advisory Group said: "I am delighted to announce that Dan Ventricelli will be joining Capstone. He will be an invaluable addition to the Litigation and Forensics Practice and the New York Office."

Duane Morris Baltimore Office Adds Corporate Partner R. Timothy Bryan
Duane Morris LLP is pleased to announce that R. Timothy Bryan has joined the firm's Corporate Practice Group as a partner in its expanding Baltimore office. His arrival strengthens Duane Morris' capabilities in commercial transactions, corporate finance and bankruptcy matters. Bryan joins Duane Morris from Patton Boggs LLP. In June 2010, Baltimore office managing partner, George Nemphos, was named chair of the firm's worldwide Corporate Practice Group, which includes more than 130 lawyers. Bryan focuses his practice on representing lenders, other capital providers, equity sponsors and portfolio companies in a wide range of debt transactions, as well as representing private equity funds and emerging and middle-market companies in investments and acquisitions. He also provides general corporate advice to private equity and other companies. In bankruptcy matters, Bryan represents creditors, including lenders and other capital providers, in pre-petition loans, debtor-in-possession financing and cash collateral matters; intellectual property licensors in license assumptions and transfers; asset purchasers in bankruptcy sales; and landlords. Bryan was formerly special counsel at the NASDAQ Stock Market, Inc., in Washington D.C., where he advised the general counsel of NASDAQ on appeals of decisions to delist companies from its regulated electronic markets. Bryan serves as a director on the national board of the Turnaround Management Association (TMA) where he has been the president of the Chesapeake chapter. He co-chaired TMA's 2010 Spring Conference in New York. He is also a member of the American Bankruptcy Institute, the Association for Corporate Growth (ACG) and the American Bar Association.

Verto Partners Hires Hylton as Managing Director
Verto Partners, LLC, a national corporate turnaround, restructuring and performance improvement firm, announced that Deborah J. Hylton has joined the firm as a managing director. She has led clients as a restructuring officer, board member, consultant and legal advisor. She also served as counsel in several successful turnarounds with GE Capital Corporation as syndicate leader, for more than 15 years. By design, Verto Partners, LLC is uniquely accomplished in all stakeholder aspects - from CEO, CRO, CFO, and portfolio company managers to distressed private equity investors to investment bankers and restructuring professionals. "We are delighted to add Deborah to the Verto team. She has tremendous experience in a wide spectrum of transactions across a range of industries. Deborah complements the experiences of our team and enhances Verto's ability to add value to companies in transformation," said Don Bibeault, co-founder of Verto Partners.