"Lazard’s offices around the world infuse the local flavor of their regions into a global network. The Associate position is in Lazard’s Financial Restructuring Group and will be based in New York. Our people come from more than 70 countries. We are a united collection of individuals who respect each other’s differences.At Lazard, the individual matters. Takata also plans to continue working to pinpoint a root cause for air-bag ruptures to better prevent them, the people said. "As the world becomes more interconnected and more globally oriented, Lazard is already there. Restructuring jobs now available. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising, and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments, and individuals.Lazard is a global financial advisory and asset management firm. This is a firm where, if you come up with a great idea, you can apply it.Please Update your browser to view this website correctly. Thanks for your interest in the Investment Banking Restructuring Associate (New York) position. The Japanese supplier hopes to find a financial investor or automotive company for additional cash and reach a deal with car makers on sharing costs for recalls nearing 70 million air bags in the U.S. alone.A Takata steering committee of business, financial and legal experts in Japan retained Lazard within the past month, and work soliciting an investor and conversations with auto makers remain in early stages, the people said.
The air bags use an ammonium-nitrate propellant that can degrade amid prolonged exposure to moisture, leading to explosions that spray shrapnel in vehicle cabins.Write to Mike Spector at mike.spector@wsj.comTakata tapped Lazard Ltd. to help craft a restructuring plan for dealing with swelling liabilities from the safety crisis expected to total billions of dollars, said people familiar with the matter. For Takata, a restructuring deal is expected to include new company measures for ensuring quality and undetermined corporate governance changes, the people said. Companies facing massive liabilities sometimes seek bankruptcy protection to form payment plans.
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Lazard was built on the premise that a multicultural firm can serve a global clientele best. U.S. regulators earlier this month said the age of air-bag inflaters, along with longtime exposure to moisture and fluctuating high temperatures form the root causes.Only a handful of other companies supply air bags, and auto makers prefer competition among parts makers. View Edward Ball’s profile on LinkedIn, the world's largest professional community.
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