Marc J. Carmel

McDonald Hopkins LLC

Chicago, IL


Marc J. Carmel is a member of McDonald Hopkins’ Business Restructuring Services Department and the founder and Co-Head of the firm’s Litigation Finance Group.

Marc has two decades of experience representing public and private companies, private equity and other investment firms, directors and executives, lenders, committees, and equityholders in a variety of distress and non-distress engagements. He regularly advises clients regarding strategic alternatives, including: out-of-court and in court restructurings and bankruptcies; mergers and acquisitions, refinancings, recapitalizations, and sales; and fiduciary duties and governance matters throughout the United States and internationally. Whenever necessary, he assists his clients with commercial litigation in insolvency matters.

Additionally, at McDonald Hopkins, he represents clients in all aspects of the litigation finance industry, including plaintiffs and law firms seeking litigation funding, traditional and non-traditional litigation funders who provide litigation finance, and investors who provide capital to litigation funders. Before joining McDonald Hopkins, he was the leader of a litigation finance firm’s involvement in the bankruptcy and restructuring sector. While there, he was responsible for investment sourcing, due diligence, and monitoring of litigation finance investments.

Marc is an 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. He also writes and speaks about litigation finance.

Marc earned his Juris Doctor from Harvard Law School and his Masters of Accounting and Bachelor of Business Administration degrees from the University of Michigan. Marc is licensed to practice law in the State of Illinois and the State of New York.

About AIRA

AIRA is a nonprofit professional association serving the bankruptcy, restructuring and turnaround practice area. AIRA's membership consists of accountants, financial advisors, investment bankers, attorneys, workout consultants, trustees, and others in the field of business turnaround, restructuring and bankruptcy. AIRA members are among the most trusted and sought-after professionals in matters dealing with limited capital resources and deteriorating operating performance.

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