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Alvarez & Marsal Tax Appoints Moresco as a Managing Directory in Tax Practice

Date: Dec 15, 2023 @ 07:11 AM

Alvarez & Marsal (A&M) announced the appointment of Nashville-based Scott Moresco as a Managing Director within its Tax practice.  Moresco’s hire builds on A&M’s integrated platform and enhances the firm’s ability to solve tax matters pertaining to Restructuring Tax Services (RTS) and corporate mergers and acquisitions (M&A).  
 
Moresco specializes in large-scale, complex corporate M&A transactions and restructurings, with a focus on helping clients navigate business challenges such as operating model disruptions, stagnant growth, and downturns. He works with companies on tax considerations associated with the bankruptcy process including first day motions, case administration, 363 sales, contract rejections, debt restructuring and emergence planning.
 
Additionally, Moresco has extensive experience in worthless loss planning, consolidated return loss limitations, tax modeling, tax attribute change of control provisions and tax attribute preservation. His notable engagements include securing over $2.9 billion in tax saving for an $11 billion public energy company and facilitating a $3.9 billion spin-off for industry leader within chemical manufacturing; included carving out business divisions within 25+ countries.
 
Moresco advises clients across multiple industries, including power & utilities, chemicals, animal life sciences, airlines, and healthcare segments such as pharma, suppliers, healthcare services.  
 
Ernesto Perez, the Global Practice Leader of A&M Tax, noted, “Our RTS practice has tripled in the past three years. Scott’s joining continues our growth trajectory and bolsters our offering. His deep restructuring and corporate M&A tax knowledge strengthens our global boots-on-the-ground network of tax professionals with multi-disciplinary expertise. His experience will help clients navigate ongoing disruption and economic volatility challenges.”
 
Prior to joining A&M, Moresco spent 25 years as a partner with KPMG’s Mergers & Acquisitions tax practice in Chicago. In that role, he founded KPMG’s Midwest M&A Tax group, served as that firm’s Midwest M&A Tax Major Market Leader, the West Region M&A Tax Service Line Leader and led its Cross-Border initiative. He was also a member of KPMG’s Global Restructuring Network.  
 
Adam Benson, a Managing Director and U.S. leader of Alvarez & Marsal’s Global Transaction Tax Advisory practice said, “Clients seek advisors who can solve for their current concerns and anticipate their future ones. Scott’s background enables him to do just that. His results-driven mindset aligns with A&M’s deep operational heritage and freedom from audit-based conflicts. He enhances our ability to help clients create value, drive change and optimize opportunities. His experience building first class teams augments our leadership capabilities and further solidifies our position to support clients across the spectrum of their restructuring and transaction needs.”
 
Moresco earned a bachelor’s degree in accounting from St. John’s University and a master’s in taxation from Pace University. He holds a Certified Public Accounting (CPA) license in Illinois and is a member of the American Institute of Certified Public Accountants (AICPA). 

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