Gavin/Solmonese LLC announced today that it has hired Doug Wolfe, long-time General Counsel of a leading distressed-debt hedge fund strategy firm, to serve as a Managing Director in the firm’s Corporate Recovery practice. Based in New York City and a member of the New York Bar Association, Doug specializes in complex debt restructuring with specific expertise in off-market transactions for distressed and bankrupt companies.

In his 14 years with the hedge fund, Doug oversaw more than a billion dollars of investments and successfully completed thousands of difficult-to-finance transactions with investors and funds in New York and across the country. His involvement in major cases, including the Madoff bankruptcy and that of Tribune Co., has earned him peer recognition and professional achievement industry-wide. Doug has helped negotiate and implement investments across the capital structures of distressed companies and has actively participated on Creditors’ Committees, Equity Committees, and as Chairman of Post-Confirmation Litigation Committees. He has also presented on several American Bankruptcy Institute panels on the topic of claims trading.

“Doug’s extensive distressed debt experience coupled with his legal background make him a tremendous asset to our Corporate Recovery group,” said Ted Gavin, Managing Director and Founding Partner of Gavin/Solmonese. “His breadth of knowledge about bankruptcy and the strategies available to debtors and other stakeholders will enhance the firm’s leadership to the benefit of future engagements.”

Doug received a Bachelor of Science in Accounting from Long Island University and is a graduate of Hofstra University Law School. He is a member of the American Bankruptcy Institute (ABI).