BDO Consulting said it is forming a corporate advisory practice to provide strategic and financial consulting services to companies in distress.

The consulting arm of accounting firm BDO Seidman said its new practice would offer services such as interim management, strategic and operational improvement, financial advisory and chief restructuring officer work. BDO Consulting's national director of business-restructuring services, Bill Lenhart, 52, will lead the practice, which will be known as BDO Consulting Corporate Advisors LLC.

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