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Published on 1/11/2007 in the Prospect News Distressed Debt Daily and Prospect News Special Situations Daily.

Turnaround Partners hires Rich DiMichele as principal

By Caroline Salls

Pittsburgh, Jan. 11 - Turnaround Partners, Inc. has hired attorney and turnaround professional Rich DiMichele as a principal of the firm, according to a company news release.

DiMichele's recent success included the design and implementation of an asset recovery plan for Enron, the release said.

He is a graduate of the Ohio State University College of Law, practiced law with the firm of Vinson and Elkins and represented the Resolution Trust Corp. in its asset recovery activities of Washington, D.C.-based First American Bank, NA.

"Rich's legal and turnaround experience brings a unique background to our team, and with his skills we are looking forward to expanding our turnaround services for hedge funds, banks and small cap/micro cap public companies throughout the U.S. and Canada," Turnaround Partners chief executive officer Tim Connolly said in the release.

Turnaround Partners provides business growth, organizational restructuring and turnaround execution services for emerging and re-emerging public companies through wholly owned subsidiary Corporate Strategies, Inc.


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