CHICAGO, June 12, 2017 (GLOBE NEWSWIRE) -- Longford Capital today announced that Marc J. Carmel, accomplished bankruptcy attorney from Kirkland & Ellis and Paul Hastings, has joined the firm as a Director. He will lead Longford Capital’s involvement in the bankruptcy and restructuring sector. Mr. Carmel will assist with investment sourcing, due diligence, and monitoring of portfolio investments.
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Before joining Longford Capital, Mr. Carmel practiced law for 17 years. He led representations in restructurings and bankruptcies involving companies throughout the country in varied industries (including energy, entertainment, health care, manufacturing, mining, real estate, retail, technology, and transportation). Mr. Carmel has a broad range of experience, including representing his corporate clients in numerous litigation matters in bankruptcy and state and federal courts throughout the country and counseling clients with respect to fiduciary duties of directors and officers, contingency planning, distressed asset acquisitions, and all aspects of financial and operational restructurings.
Mr. Carmel received his law degree from Harvard Law School after receiving Bachelor of Business Administration and Masters of Accounting degrees from the University of Michigan. Mr. Carmel is also a Certified Public Accountant.
“We are very pleased to have Marc join us at Longford Capital. Controversies arising in the bankruptcy context and with distressed companies outside of court are particularly well-suited for third-party funding. Marc will help us identify opportunities to assist companies with pursuing meritorious legal claims while navigating the challenges of bankruptcy and restructuring,” stated William P. Farrell, Jr., Co-Founder, Managing Director, and General Counsel.
About Longford Capital
Longford Capital is a private investment company that provides capital to companies and leading law firms involved in large-scale, commercial legal disputes. Typically, Longford Capital funds attorneys' fees and other costs necessary to pursue meritorious claims in return for a share of a favorable settlement or award. The firm manages a diversified portfolio and considers investments in subject matter areas where it has developed considerable expertise, including, business-to-business contract claims, antitrust and trade regulation claims, intellectual property claims (including patent, trademark, copyright, and trade secret), fiduciary duty claims, fraud claims, claims in bankruptcy and liquidation, domestic and international arbitrations, and a variety of others.
For more information, please visit www.longfordcapital.com.
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Source:Longford Capital Management, LP