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Published on 7/31/2007 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

GE Corporate Lending names Hallock managing director

By Susanna Moon

Chicago, July 31 - GE Commercial Finance Corporate Lending said it appointed James Hallock a managing director of the restructuring finance team.

In that role, Hallock provides turnaround finance to midsize and large companies in the Northeast United States. He has more than 25 years of finance experience with 19 years focused on corporate restructuring, according to a press release. Most recently, he managed debtor-in-possession financing in the distressed assets group at Credit Agricole's Calyon Corporate and Investment Bank.

His experience includes working as a director in the restructuring services group for KPMG LLP, as a restructuring and crisis management advisor for GDL Management Services and as a senior manager and restructuring accountant in the bankruptcy and reorganization group for PricewaterhouseCoopers.

"For nearly two decades, Jim has worked with high-profile companies that are over-leveraged or operationally challenged," Rob McMahon, managing director of restructuring finance for GE Corporate Lending, said in a written statement.

"With broad experience as both a turnaround lender and adviser, he understands the unique needs of distressed companies and turnaround specialists and will enhance our ability to provide smarter financial solutions," he said.

Hallock received his M.B.A. from Duke University, a M.S. in taxation from Fordham University Graduate School of Business and a B.A. in economics from Skidmore College.

GE Corporate Lending is a Norwalk, Conn.-based company that provides asset-based, cash flow and structured finance services for mid-size and large companies.


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