Carl E. Black

Carl E. Black is a partner with the Cleveland office of Jones Day and has played a leading role in the firm’s representations of debtors and potential debtors, creditors’ committees, contract counterparties, equity sponsors and other significant creditors in many of the nation’s largest in-court and out-of-court corporate restructurings. He is experienced in counseling clients in corporate governance, fraudulent conveyance, illegal dividends, fiduciary duty, piercing the corporate veil, and mass tort, environmental and legacy liability issues relating to distressed companies, both in and out of bankruptcy. He also has represented a number of entities in the structuring and consummation of spinoffs, secured financings, distressed sales and acquisitions, and ring-fencing transactions. Mr. Black’s resentative chapter 11 debtor cases include Alpha Natural Resources, American Apparel, Burlington Industries, Chrysler LLC, Dana Corp., Lehman Brothers (special counsel to the debtors), LTV Steel Co., NII Holdings and Oglebay Norton Co. (a prenegotiated chapter 11 case) and St. Mary’s of the Woods (a CCRC). His other representations include Chemstream Holdings in the chapter 11 cases of Freedom Industries, Hilite International (cross-border out-of-court restructuring), secured creditors of Syncreon International Group in an English scheme of arrangement, Peabody Energy Corp. in the chapter 11 cases of its former subsidiary, Patriot Coal Corp., Financial Guaranty Insurance Co. in the ResCap chapter 11 bankruptcy case with respect to its $1 billion+ claim and in FGIC’s earlier reinsurance of $166 billion of public finance insurance policies, and American Greetings Corp.’s acquisition of Recycled Paper Greetings through a prepackaged chapter 11 case. Mr. Black is a member of ABI, the American Bar Association, the Ohio State Bar Association and the Cleveland Metropolitan Bar Association, and he is a Fellow in the American College of Bankruptcy. He received his B.S.Ed. cum laude in 1989 from Ohio University and his J.D. cum laude in 1998 from Ohio State University, where he was a member of the Order of the Coif, received the George R. Beneman Memorial Award, and was on the National Trial Team and National Moot Court Team.