Daily News: January 3, 2014

Zolfo Cooper Exec Named CRO of The Dolan Company

The Dolan Company announced that it has appointed Kevin Nystrom, managing director of Zolfo Cooper, as its chief restructuring officer.

Nystrom will report to the company’s board of directors and will have oversight responsibility for the company’s operations and finances. As part of these responsibilities, he will be actively engaged with the company’s senior lenders, including Bayside Capital, which now holds participation interests covering a majority of the indebtedness outstanding under the company’s senior credit facility.

“We are pleased to be adding such an experienced and capable professional to our team,” said James P. Dolan, chairman, chief executive officer and president. “Kevin will play a very important role in our efforts to stabilize our finances and strengthen our businesses. I look forward to working closely with him as we move forward.”

The Dolan Company is a provider of professional services and business information to the legal, financial and real estate sectors.

Zolfo Cooper is an independent provider of restructuring, financial and corporate advisory solutions.