Edward Mcdonough
Managing Director
Business and Management
Alvarez and Marsal
Poland
Biography
Ed McDonough is a Managing Director with Alvarez & Marsal Disputes and Investigations. He has provided damage assessments, loss profit calculations and accounting / forensic analysis in commercial litigation, bankruptcy and valuation matters. Throughout his career, he has provided expert witness testimony in state and federal courts, as well as in arbitration proceedings, throughout the U.S., on business valuation matters, lost profits, damage analysis, causation and liability analysis, lost wages, covenants not to compete and GAAP accounting issues in complex litigation matters. He has provided forensic accounting analysis in the investigation of various fraud schemes, including financial statement manipulation, fictitious vendors, fraudulent conveyance, debt financing, kickback schemes, shell entities, related-party transactions, check kiting schemes, statutory investigations, state forfeiture actions, accounting irregularities and Ponzi schemes. In bankruptcy cases, Mr. McDonough has testified on plan feasibility at confirmation hearings, Section 1111(b)2 elections, valuation matters, preference analysis, solvency and liquidation analysis, fraudulent conveyance, interest rate issues, absolute priority, bankruptcy subordination claims, conversion of debt to equity, good faith, and fair and equitable treatment. He has served as a Special Master in a state court, as Chapter 7 and 11 Trustees, a Chapter 11 Examiner with expanded powers and as a state court Receiver. Mr. McDonough has worked with clients ranging in size from small start-up companies to large publicly traded companies across a variety of industries, including casino, hotel and resort, construction, high tech, intellectual property, insurance, retail, broadcasting, Internet-based business, manufacturing, distribution, telecom, cable, transportation, restaurants, healthcare, MLM, non-profits, service companies, professional service, and real estate including office, apartment, timeshare, residential, raw land and golf courses. Before A&M, he was a Senior Managing Director with a publicly traded litigation consulting firm, and previously was a partner with PricewaterhouseCoopers, and a Controller / CFO for companies in the real estate and hospitality development industries. Mr. McDonough earned both a bachelor's degree in accounting and an MBA from Arizona State University. He is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor. He holds both the ABV and CFF designations from the American Institute of Certified Public Accountants, and is a member of the AICPA, the American Bankruptcy Institute, the Association of Insolvency and Restructuring Advisors, as well as an associate member of Certified Fraud Examiners and a member of the American Bar Association.
Research Interest
Ed McDonough has 30+ years providing accounting, financial advisory and valuation services to clients Assisted clients across the U.S. in various industries. He has Complex invetigations include acting as examiner's financial advisor for the Caesars Entertainment bankruptcy, including 15 transactions over a five-year period and he has Provided expert testimony in state and federal court, as well as in arbitration proceedings throughout the U.S. MBA, Arizona State University