Oppenheimer adds three restructuring specialists to debt advisory team

By Marisa Wong

Los Angeles, Dec. 7 – Oppenheimer & Co. Inc. announced an expansion of it debt advisory and restructuring group with the hiring of three dedicated restructuring specialists.

The three professionals, managing directors and co-heads of debt advisory and restructuring Eric Scroggins and Joe Stone, as well as managing director Lance Gurley, bring over 60 years of collective experience in guiding clients through restructurings and other special situations, according to a press release.

Scroggins has over 25 years of experience in both principal investing and in advising companies, creditors and other stakeholders and buyers of assets in financial distress and Chapter 11 situations across a wide range of complex foreign and domestic transactions.

Stone has over 20 years of experience advising corporate, creditor and private equity clients involved in complex capital structure challenges and has executed a wide range of restructurings, mergers and acquisitions and capital transactions.

Gurley has advised on mergers and acquisitions, complex restructurings and private debt and equity securities placements and has a wide range of experience in advising the boards and senior executives of both public and private companies on developing solutions for reorganizing capital structures and business operations.

The company is a New York-based investment bank, wealth manager and a subsidiary of Oppenheimer Holdings.

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