MICHAEL O'NEIL solves problems for clients involved in troubled financial situations. Since 1986, he has focused his practice on business workouts and turnarounds, distressed mergers and acquisitions, debt refinancing and restructuring, and a full range of other insolvency-related matters, including fraudulent transfer and successor liability litigation. 

Together with other members of the group, Mr. O’Neil has represented distressed companies in connection with out-of-court sales, refinancings, and liquidations, as well as in chapter 11 section 363 asset sales and “true reorganization” bankruptcy cases where judicial remedies are needed. Representative client industries include machinery dealers, golf courses, manufacturers, real estate developers, agriculture, high-tech manufacturers, and pharmaceutical testing companies.  

Additionally, Mr. O’Neil represents secured and unsecured creditors and other stakeholders in distressed businesses, including with foreclosure proceedings, preference and other bankruptcy-related litigation, credit department collections and workout advice, and consensual refinancing or restructuring. He has also represented Creditor Committees (or individual committee members in larger cases) in chapter 11 bankruptcy cases and trustees in chapter 7 cases.

Mr. O’Neil is a member of the Turnaround Management Association, the American Bankruptcy Institute, and several other similar organizations, as well as state and local bar associations. Licensed in Indiana, Illinois and Arizona (currently inactive in Arizona), and in numerous federal courts (all the way up to the U.S. Supreme Court), he is a frequent speaker and author on restructuring topics and expects to be working on state and local government insolvency issues, including chapter 9 municipal bankruptcies, for the next several years.