Initially founded in 2000, International Risk Ltd was acquired by FTI Consulting in July 2006.

FTI-International Risk completes transition to FTI Consulting brand

FTI Consulting, Inc., the global business advisory firm, announced that FTI-International Risk, the international risk mitigation and investigation consultancy in Asia, has adopted the FTI Consulting brand. This brand change is a further step in realizing the global ‘One Brand’ strategy of FTI Consulting and is an important part of the integration of the various FTI Consulting businesses in the Asia-Pacific region.

Initially founded in 2000, International Risk Ltd was acquired by FTI Consulting in July 2006. The acquisition formed the Company’s Global Risk and Investigations team in Asia, which is part of the Forensic and Litigation Consulting practice. Global Risk and Investigations undertakes sophisticated investigations, uncovers actionable intelligence and performs value-added analysis to help decision makers address and mitigate risk, protect assets, make informed decisions and maximize opportunities in the Asia-Pacific region and globally. Headquartered in Hong Kong, the practice has regional offices at strategic locations across Asia, including Tokyo, Singapore, Beijing, Shanghai and Guangzhou.

“By transitioning into the single global brand identity of FTI Consulting, our clients will continue to benefit from a pool of worldwide resources and expertise, which is growing day by day,” said David Holloway, senior managing director, Global Risk and Investigations, at FTI Consulting in Asia. “It also is a very exciting time for our existing 80+ employees as the brand consolidation will ensure greater opportunities for professional growth and development.”

Rod Sutton, chairman of the Asia Pacific region, FTI Consulting, said, “This is a significant milestone in the ‘One Brand’ strategy of FTI Consulting. The integration phase is to be completed in our region by the end of August, and, as a result, FTI Consulting will become a truly global company, ensuring its sustainability within a challenging and dynamic market. In particular, this process will allow us to accelerate our growth in this region, where we now have in excess of 350 employees and are one of the largest specialist advisory firms across Asia Pacific.”

Source:    www.top-consultant.com

Appointment completes organisational realignment of international senior management.

FTI Consulting appoints Lord Malloch-Brown as chairman of its EMEA operations

FTI Consulting, Inc., the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value, has appointed Lord Mark Malloch-Brown as Chairman of its operations in Europe, Middle East and Africa (EMEA).

Lord Malloch-Brown joined the London office of FTI Consulting in September 2010 as Chairman of Global Affairs. His appointment to Chairman of the EMEA region is the final step in implementing the Company’s previously announced organisational structure which emphasizes practice, global geography and industry business drivers. Lord Malloch-Brown joins David Bannister, Chairman of the North American region; Frank Holder, Chairman of the Latin American region; and Rod Sutton, Chairman of the Asia Pacific region, on the Executive Committee of FTI Consulting.

Lord Malloch-Brown is a former Minister of State in the Foreign and Commonwealth Office of the British government with responsibility for Africa, Asia and the United Nations. He also has served as United Nations Deputy Secretary-General, administrator of the United Nations Development Programme, was Vice President of External Affairs at the World Bank and was the founder of the Economist Development Report.

In recognition of his long service in public life and on the international stage, Lord Malloch-Brown was knighted at the end of his UN service and, when he joined the U.K. Cabinet, was offered a life peerage in July 2007. He remains in the House of Lords.

Jack Dunn, President and Chief Executive officer of FTI Consulting, said, “Since joining us last year as Chairman of Global Affairs — a role that Mark will continue to fulfill — he has contributed enormously to the work we undertake for our clients worldwide. As Chairman of a region with which he has a particular affinity, Mark will lead, support and advise our talented EMEA team. Colleagues and clients alike will continue to benefit from his remarkable energy, enthusiasm and experience, extensive international relationships and unique perspectives on a wide array of economic, political and social issues. I am delighted that Mark has agreed to take on this new responsibility.”

Lord Malloch-Brown said, “This is an exciting new role at a company that now is at a critical stage in its international development. We already are immersed in Europe and are helping our clients meet their challenges. Now that countries in Africa and the Middle East are going through fundamental change, company executives are finding our expertise and guidance of critical importance in protecting their interests in the region. Our EMEA team members all are extremely talented and experienced individuals, and I look forward to working with them in taking FTI Consulting’s offering to the next level

Source: www.top-consultant.com

FTI Consulting, the global business advisory firm, has acquired the International Arbitration and Airline Competition practices of LECG Corporation. The terms of the transactions were not disclosed.

FTI Consulting also confirmed it continues to evaluate the possible acquisition of several additional practice groups from LECG.

No definitive agreement has been entered into with respect to the other practice group transactions under discussion, and accordingly no assurance can be given that any agreement will be signed or any other LECG practice groups will be acquired.

FTI Consulting does not intend to make any further announcements or communications regarding discussions with LECG until either a definitive agreement has been reached or discussions are terminated without any agreement being reached.

Source:  Top-Consultant

No definitive agreement has been entered into with respect to the transactions under discussion, and accordingly no assurance can be given that any agreement will be signed or any practice group will be acquired.

FTI Consulting does not intend to make any further announcements or communications regarding discussions with LECG until either a definitive agreement has been reached or discussions are terminated without any agreement being reached.

In the past one year LECG stock has fallen 68% amid falling revenue and rising expenses.

In early February LECG said it was in talks with an undisclosed company for the sale of the entire firm. LECG said its adviser William Blair & Co is also evaluating other restructuring possibilities.

Source: Top-Consultant