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Jeff Marwil is the co-head of the Bankruptcy & Restructuring Group. During his 24 years of experience in the bankruptcy, workout and corporate restructuring area, he has developed a reputation for providing sophisticated strategic advice to upper-tier companies in distress and for solving challenging legal and business issues.

Jeff also has long-term and extensive experience representing public and private companies (in and out of court) in restructuring complex capital structures and reorganizing their financial affairs and business operations. Jeff has an in-depth understanding of the roles and responsibilities of officers and directors of both publicly traded and privately held companies, and regularly is retained to provide advice on issues of fiduciary duty related to companies in distress, their creditors and their shareholders.

In addition to counseling clients through workouts, restructurings and reorganizations, Jeff has represented companies, private equity funds, hedge funds and other investment groups in the purchase and sale of distressed companies, debt and assets. He has assisted numerous clients, both on the sell side and the buy side, with structuring and consummating complex transactions. He also has represented senior secured lenders and official committees in major workouts, restructurings and reorganizations.

He also represents hedge funds, their managers/advisers, and sophisticated fund-of-fund and pension plan investors in hedge fund restructurings, wind-downs, liquidations, and complex litigation matters. He currently serves as the Trustee for the Litigation Trusts of the Bayou Group of hedge funds, having successfully pursued, in their Chapter 11 cases, fraudulent conveyance recoveries from Ponzi scheme recipients for the benefit of defrauded investors. Other matters in which Jeff has been involved include the representation of a large group of investors in Ezra Merkin’s Madoff “feeder funds;” fund counsel in an attempted restructuring, and now wind-down, of a multibillion dollar onshore and offshore affiliated group of multi-strategy hedge funds; and counsel to the provisional liquidator named in Bermuda for the two corporate parent companies of Chapter 11 debtor SageCrest Holdings, Inc.

Representative Matters

  • Sumner Regional Health Systems (which operated four not-for-profit hospitals and related health care facilities) as lead counsel in its Chapter 11 case
  • Bosque Power Company (a natural gas-fired power generation facility) as lead counsel in its Chapter 11 case
  • Bayou Group of Hedge Funds, as trustee, having successfully pursued in their Chapter 11 cases fraudulent conveyance recoveries from Ponzi scheme recipients for the benefit of defrauded investors
  • A multibillion dollar onshore and offshore affiliated group of multistrategy hedge funds in an attempted restructuring and ultimate wind-down
  • Counsel to the joint provisional liquidators named in Bermuda for the two corporate parent companies of Chapter 11 debtor SageCrest Holdings, LLC
  • Chapter 11 Trustee in the Life Funds cases, seeking recoveries for defrauded investors in a life settlements invested hedge fund

Nationally recognized as an independent fiduciary, Jeff handles investigations of fraud and pursuing recoveries for investors and other victims of fraud. In addition to his role in the Bayou matter, he serves as the Securities Exchange Commission-selected and Southern District of Indiana-appointed Conservator and Receiver for the Church Extension of the Church of God and United Management Services.

Jeff has consulted with the bipartisan leadership of several Senate committees as they conducted oversight in pursuit of possible legislation on hedge fund registration and regulations. Legislation introduced in the 109th Congress contained language recommended by Jeff concerning the necessity of independent, outside auditors for hedge funds.

Jeff is a frequent speaker at the American Bankruptcy Institute, the Turnaround Management Association and other privately sponsored educational events.

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