{
    "success": true,
    "data": {
        "id": 1708145,
        "msgid": "alvarez-marsal-expands-asia-pacific-presence-with-korea-restructuring-practice-launch-1777449219",
        "date": "2026-04-29 13:43:37",
        "title": "Alvarez & Marsal Expands Asia-Pacific Presence with Korea Restructuring Practice Launch",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Business",
        "summary": "Alvarez &amp; Marsal has launched a dedicated restructuring practice in Korea, building on its decade-long presence and tripling its headcount to over 100 professionals in recent years, to offer operational turnaround, financial restructuring, and corporate finance solutions tailored to the local market. This expansion supports Korea's evolving corporate landscape amid challenges like rising interest rates, industrial adjustments, and the impending review of the Corporate Restructuring Promotion Act, emphasising proactive engagement to enhance resilience among small- and mid-sized enterprises. Led by experienced executives JJ Lim and Dee Chung, the practice aligns with A&amp;M's broader Asia-Pacific growth strategy, strengthening regional capabilities in cross-border restructurings.",
        "content": "<p>The launch builds on A&amp;M\u2019s decade-long presence in Korea, during\nwhich headcount has tripled to more than 100 professionals over the past\nthree years. It brings the firm\u2019s globally recognized restructuring\ncapabilities to the local market. The practice integrates operational\nturnaround, financial restructuring, and corporate finance solutions,\nwith a strong emphasis on early, hands-on engagement to deliver\npractical, result-driven solutions.<\/p>\n<p>\u201cWhen we founded A&amp;M, we built the firm around a simple principle\n\u2014 Leadership, Action, and Results,\u201d Bryan Marsal, Co-Founder and Co-CEO\nof Alvarez &amp; Marsal, said. \u201cWe step into complex situations, take\nresponsibility, and execute. Bringing that model to Korea is an\nimportant milestone for us. Korea is a dynamic, globally connected\neconomy undergoing structural transition. We are committed to investing\nbehind local leadership and delivering the senior-led execution that\ndefines our firm.\u201d<\/p>\n<p>Supporting the Evolution of Korea\u2019s Corporate Landscape<\/p>\n<p>As one of Asia\u2019s most dynamic and globally integrated economies,\nKorea continues to evolve its corporate and capital market framework\nthrough strengthened governance standards, market reforms, and\ninitiatives to promote transparency and long-term value creation.<\/p>\n<p>At the same time, global interest-rate normalization and\nsector-specific pressures have increased balance sheet strain across\nparts of the economy. Higher financing costs, ongoing industrial\nadjustment, and evolving macroeconomic conditions, including trade\ndynamics and tariffs, are placing greater emphasis on capital discipline\nand operational resilience, particularly among small- and mid-sized\nenterprises.<\/p>\n<p>The ongoing review of the Corporate Restructuring Promotion Act\n(CRPA), set to expire at the end of 2026, further underscores the\nopportunity for Korea to review its restructuring framework to ensure it\nremains responsive and aligned with evolving market conditions.<\/p>\n<p>Against this backdrop, A&amp;M\u2019s Korea Restructuring Practice aims to\nsupport preemptive restructuring, value preservation, and execution-led\ntransformation, in collaboration with stakeholders across the\necosystem.<\/p>\n<p>\u201cAcross Asia-Pacific, we are seeing increasing demand for senior-led,\nexecution-focused restructuring solutions,\u201d James Dubow, Managing\nDirector and Head of A&amp;M North Asia, said. \u201cWith the right\nleadership and sustained investment, we believe this practice can become\na meaningful contributor to the continued development of Korea\u2019s\nrestructuring ecosystem and to A&amp;M\u2019s regional growth.\u201d<\/p>\n<p>Experienced Leadership for an Evolving Market<\/p>\n<p>JJ Lim, Managing Director and Head of Korea Restructuring, and Dee\nChung, Managing Director and Deputy Head of Korea Restructuring, will\nlead the Korea Restructuring Practice, combining deep institutional\nrestructuring experience with cross-border execution capability.<\/p>\n<p>Mr.\u00a0Lim brings more than three decades of experience from Korea\nDevelopment Bank, where he led complex restructurings and creditor\nworkouts across key industries. Mr.\u00a0Chung, a long-standing leader within\nA&amp;M Korea, has advised on numerous multi-jurisdictional turnarounds\nand special situations. Their complementary backgrounds, spanning\npolicy-bank leadership and global advisory execution, provide strong\nlocal credibility and international connectivity.<\/p>\n<p>\u201cKorea\u2019s restructuring framework has evolved significantly over the\npast decades and continues to advance alongside broader corporate\ngovernance and capital market reforms,\u201d Mr.\u00a0Lim said. \u201cThe direction of\ntravel is clear: greater transparency, stronger market discipline, and\nmore proactive engagement. A senior-led, execution-focused platform can\nsupport that progress by helping companies and stakeholders navigate\nchange with discipline and confidence, contributing to the resilience\nand long-term strength of the Korean economy.\u201d<\/p>\n<p>\u201cOver the past decade, we have supported global clients on complex\ncross-border restructurings and turnaround situations,\u201d Mr.\u00a0Chung said.\n\u201cEstablishing a dedicated restructuring practice in Korea allows us to\ndeepen that work and bring more of A&amp;M\u2019s distinctive strengths to\nKorean corporates and market participants. I am confident in the\nlong-term prospects for this platform and excited about building a\npractice that combines global connectivity with local leadership.\u201d<\/p>\n<p>Regional Investment and Cross-Border Capability<\/p>\n<p>The expansion follows A&amp;M\u2019s recent growth in Japan and Australia,\nreflecting the firm\u2019s continued investment in Asia-Pacific. The addition\nof Korea deepens A&amp;M\u2019s senior leadership presence in the region and\nenhances its ability to connect local engagements with global sector\nexpertise and capital solutions. In total, A&amp;M\u2019s Asia-Pacific\noffices comprise approximately 2,200 professionals.<\/p>\n<p>About Alvarez &amp; Marsal<\/p>\n<p>Founded in 1983, Alvarez &amp; Marsal is a leading global\nprofessional services firm. Renowned for its leadership, action and\nresults, Alvarez &amp; Marsal provides advisory, business performance\nimprovement and turnaround management services, delivering practical\nsolutions to address clients\u2019 unique challenges. With a worldwide\nnetwork of experienced operators, world-class consultants, former\nregulators and industry authorities, Alvarez &amp; Marsal helps\ncorporates, boards, private equity firms, law firms and government\nagencies drive transformation, mitigate risk and unlock value at every\nstage of growth. To learn more, visit: AlvarezandMarsal.com.<\/p>\n<p>Source: Alvarez &amp; Marsal<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/alvarez-marsal-expands-asia-pacific-presence-with-korea-restructuring-practice-launch-1777449219",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}