Millstein & Co. Expands Corporate Restructuring Business

Dec 22, 2015, 09:00 ET from Millstein & Co.

NEW YORK and WASHINGTON, Dec. 22, 2015 /PRNewswire/ -- Millstein & Co., a financial advisory firm that develops solutions for complex corporate and public finance problems, today announced that Mark Hootnick, a senior restructuring professional with over 20 years' experience in the industry, has joined Millstein & Co.  Founded in 2012, Millstein has established itself as a leader in sovereign and corporate restructurings by building a team of highly experienced professionals able to draw on their financial, political, economic and legal backgrounds to provide creative solutions and counsel to its clients.   Recent roles have included advising Caesars Entertainment Operating Company in its chapter 11 restructuring and Puerto Rico and its fiscal agent, the Government Development Bank on the management of its $72 billion of institutional indebtedness. The addition of Mr. Hootnick strengthens Millstein's advisory team and increases the restructuring capabilities of the firm.

Mr. Hootnick has had an extensive career supporting companies, creditors, shareholders and other interested parties on restructuring transactions both in Chapter 11 and in non-bankruptcy resolutions domestically and internationally.  Beginning his career an as attorney at Kramer Levin Naftalis & Frankel, he has been a financial advisor for most of his career and was most recently a Managing Director at Moelis & Co.  Mr. Hootnick has a BS, with honors, from Lehigh University and a JD from New York University School of Law.

About Millstein & Co.
Millstein & Co. is a financial services firm that brings a unique combination of professional skills to its advisory and asset management businesses.  Drawing upon the diverse backgrounds of our finance, economics, law and policy professionals, we assess situations from multiple perspectives to develop artful solutions for our clients and innovative opportunities for investment. 

Jenni Main

SOURCE Millstein & Co.