Michael Imber is a Senior Director in Alvarez & Marsal’s Public Sector practice in New York, specializing in municipal distress and performance improvement. He has 25+ years of experience counseling clients on bankruptcies, workouts and municipal consulting assignments. Michael has also co-authored several white papers in the municipal restructuring sector including his most recent publication, Taking the Fiscal Pulse of Local Government.Michael has deep municipal chapter 9 bankruptcy experience:� he represented major unsecured creditors in the City of Detroit bankruptcy.� He generated 100% recoveries for the largest unsecured creditor claimants in the Jefferson County and the Mammoth Lakes chapter 9 cases.For the Nassau County Interim Finance Authority, Michael led an engagement that identified more than $300 million of opportunities in the Nassau County budget. He also represented the New York Metropolitan Transportation Authority, NJ Transit, and other major municipal transit authorities in a successful out-of-court workout of a major advertising vendor contract that resulted in $125 million in senior lender and equity concessions and $80 million in concessions from the transit authorities.�Prior to joining A&M, Michael was a Senior Vice President at the Centre Insurance Company where he monitored, restructured and developed the exit strategy for a multi-billion dollar credit surety portfolio. His work included the disposition of Section 8 public housing and other real estate related assets. Previously, Michael served as a Director at PricewaterhouseCoopers Business Recovery Services Practice, where he represented creditors committees, banks and debtors in and out of the chapter 11 bankruptcy process.Michael has a BA in Finance from University of Illinois and an M.B.A. from Columbia Business School, Columbia University.
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