Richard Fleming

•Richard Fleming is a Managing Director with Alvarez & Marsal and leads its Restructuring practice in Europe.

•Mr. Fleming has more than 30 years of restructuring experience across a wide range of industries and has played an integral role in a number of high-profile stressed, distressed and insolvency cases in the public and private arena. He acted as the administrator of MF Global, the commodities brokerage firm, and Leeds United FC, and led the company-side restructuring of Southern Cross Plc, the largest nursing home operator in the U.K. at the time with 41,000 employees. This assignment involved complex stakeholder management issues and ultimately led to the consensual breakup of the group on a solvent basis.

•Mr. Fleming led the restructuring of JJB Sports Plc and Blacks Leisure Plc, breaking new ground by taking these privately listed companies through company voluntary arrangements without any share suspension, paving the way for subsequent equity raises. He has advised and acted as administrator to numerous retailers including Threshers, Peacocks and La Senza and led the restructurings of Fitness First and Travelodge, both of which generated a significant increase in value to financial and equity stakeholders.