Friede Goldman Halter Announces Plan to Retain Investment Banking Firm

Friede Goldman Halter, Inc., announced that it plans to retain, subject to Bankruptcy Court approval, the services of Houlihan Lokey Howard & Zukin. Houlihan Lokey Howard & Zukin is an international investment banking firm providing a wide range of services including mergers and acquisitions, financial restructuring, private placements of debt and equity capital, business and securities valuations, financial opinions, litigation support, and merchant banking services. In the last decade Houlihan Lokey Howard & Zukin's financial restructuring professionals have consummated over $30 billion in transactions. FGH will draw upon the firm's diverse industry experience, extensive talent base, and resources to coordinate and execute a successful financial restructuring. FGH also announced the appointment of Bob Shepherd to the position of Senior Vice President, Administration. Shepherd brings 24 years of experience in the shipbuilding and offshore industries to the position. He succeeds Charles DeCuir who recently resigned.