WASHINGTON (May 13, 2009) – AlixPartners LLP, the global business-advisory firm whose engagements have included not just some of the largest corporate turnarounds in history but also investigation and litigation consulting in cases ranging from the DeLorean Motor Co. in the 1980s to the recent Bernard Madoff matter, today announced the opening of an office here whose focus will include providing services for corporate and other investigations and for regulatory readiness and response.
The new office, the firm’s 14th globally and ninth new office in the past seven years, will serve as home base for many of AlixPartners’ leading experts in areas such as litigation discovery, forensic accounting and information-management services, including Managing Directors Michael Faraci and Susan Markel, who joined AlixPartners in January after serving as chief accountant of the U.S. Securities and Exchange Commission’s enforcement division.
“For more than a quarter-century now, our firm has been a leader in financial-advisory services, in such areas as corporate investigations, litigation, valuations and information-management services,” said Fred Crawford, chief executive officer of AlixPartners. “Clients turn to us because of our deeply experienced people, our responsiveness and our laser-like focus on results.
“It’s no secret,” Crawford continued, “that financial-advisory services like these are in greater demand than ever these days, a demand that many believe will only grow in the future. With the opening of our new office in Washington, AlixPartners is better positioned than ever to provide clients with the expert services they need to navigate whatever lies ahead, be it on the regulatory or litigation front.”
AlixPartners’ investigations expertise includes, according to the firm, a wealth of experience in dealing with such matters as financial irregularities and restatements, money-laundering, fraud, antitrust and pre-transaction due diligence, as well as international issues such as those covered by the Foreign Corrupt Practices Act. In litigation consulting, the firm’s capabilities include services relating to economic damages, intellectual property, bankruptcy litigation, international arbitration, accounting and malpractice, securities and purchase-price disputes. The firm’s electronic-discovery and data-analytics teams serve in both investigation and litigation engagements, employing advanced data-mining, sampling, statistical-analysis and high-volume data-accumulation tools and techniques. AlixPartners also offers valuation services in such areas as intellectual property, intangible assets and fairness opinions; and accounting and transaction services in such areas as mergers and acquisitions.
AlixPartners said that firmwide it employs a large number of certified public accountants, certified fraud examiners and forensic-technology experts, and in addition to uncovering, compiling and analyzing mass amounts of data, is experienced in presenting its findings in SEC, criminal and other proceedings.
AlixPartners’ new office is located at 1602 L Street NW. The firm said that several of its corporate-turnaround and performance-improvement professionals would work out of the office as well.
About AlixPartners
AlixPartners is a global business advisory firm offering comprehensive services to improve corporate performance, execute corporate turnarounds, and provide litigation consulting and forensic accounting services. The firm’s specialty is urgent, high-impact situations when results really matter. It was the recipient of a record four awards from the Turnaround Management Association in 2008. The firm has more than 850 professionals in 14 offices across North America, Europe, and Asia, and is on the Web at alixpartners.com.