Ernst
& Young (E&Y) has attracted a partner for its restructuring
operations from rival firm
PricewaterhouseCoopers
(PwC) in a bid to strengthen its European market presence.
David Hargrave, who switched to Ernst & Young after 21 years with PwC,
will chiefly be responsible for advising lenders in syndicated or complex
restructuring deals.
Alan Bloom, E&Y global head of restructuring said he was ‘delighted” that
Hargrave had joined the team of restructuring professionals.
‘He brings with him a strong market network and restructuring experience
spanning the past two decades,’ he said. ‘I have no doubt he will make a
difference to our practice.’
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