New member strengthens restructuring bench and continues firm’s momentum
CHICAGO – Marc J. Carmel has joined the Chicago office of McDonald Hopkins LLC as a member in the Business Restructuring Services Department. Before joining McDonald Hopkins, Carmel practiced at Kirkland & Ellis and Paul Hastings. Most recently, he was a director at Longford Capital Management, where he led the litigation finance firm’s investments in the bankruptcy and restructuring sector.
“I have known Marc for over 20 years and worked with him previously,” said David A. Agay, the managing member of McDonald Hopkins’ Chicago office, who also serves as a member of the firm’s Executive Committee and leader of the restructuring practice in Chicago. “Marc is a great lawyer and adds firepower to our restructuring bench and Chicago office.”
“Marc has deep experience and a national reputation, and we are thrilled to welcome such an accomplished and respected restructuring attorney to McDonald Hopkins,” said Sean D. Malloy, chair of the Business Restructuring Services Department.
Carmel has nearly two decades of experience representing companies, private equity and other investment firms, directors and executives, and creditors and equityholders in a variety of distress and non-distress engagements across multiple industries. He regularly advises clients on strategic alternatives, both out of court and in court, and in financing and acquiring distressed companies. Additionally, Carmel has substantial experience in the rapidly-expanding litigation finance industry.
“I am impressed with the McDonald Hopkins platform and excited to join,” said Carmel. “Particularly with its Midwest footprint and recent additions to an already-strong presence in Chicago, the firm is positioned to expand rapidly in the middle market.”
Carmel is a frequent author and speaker on restructuring topics, with a focus on fiduciary duties, acquisitions of distressed assets, and cutting edge strategies and tactics to address bankruptcy issues, as well as on the litigation finance industry.
Carmel earned his J.D. from Harvard Law School and his Masters of Accounting and Bachelor of Business Administration degrees from the University of Michigan. Before going to law school, he worked for a large national accounting firm and became a Certified Public Accountant.
Carmel can be reached at email@example.com or 312-642-1484.