Marc Kieselstein has extensive experience in complex corporate restructurings, representing debtors and creditors in all aspects of the insolvency practice, including Chapter 11 reorganizations, out-of-court workouts, sales of financially distressed companies, distressed debt transactions and Section 363 asset sales and purchases.

Marc has been featured in Chambers USA, America’s Leadings Lawyers for Business every year since 2004. Most recently, in the 2020 edition, Marc was praised as “ a very good, smart lawyer who works very hard." Prior editions of Chambers USA have acknowledged him as “an excellent attorney” and “very smart, very intelligent” while having an "incredibly strong mind" and "authoritative approach.” Sources have described him as "star player" and "an extraordinarily seasoned bankruptcy lawyer." Marc has also been recognized by Chambers Global every year since 2013. Most recently, in the 2019 edition, Marc was described as, “an established lawyer who advises on major mandates in the bankruptcy arena. He is noted for his handling of major Chapter 11 reorganisations, workouts and distressed M&A, among other matters,” “an excellent lawyer,” and that he “has a very dynamic mind and is very creative with the law. He has both the experience and the understanding of how to use the law.” In the 2019 edition of Who’s Who Legal, Marc was described as someone who “provides clients with wide-ranging expertise in the field, notable expertise and deep understanding of complex buy-outs and out-of-court workouts.” He was listed as a leading lawyer in Insolvency and Restructuring in the 2006–2009 editions of the International Financial Law Review 1000: Guide to the World's Leading Financial Law Firms. Prior to relocating to Chicago in 2013, Marc was listed in the 2011 and 2012 editions of New York Super Lawyers. In March 2018, Marc was inducted as a Fellow of the 29th Class of the American College of Bankruptcy.


Thought Leadership


“Pre-packaged Bankruptcy: A Hidden Prize in Every Round?”
Turnaround Management Association’s Education Workshop and Reception
July 24, 2014
Chicago, Illinois

"Acquisitions of Distressed Businesses"
PLI's Mergers & Acquisitions 2009: What You Need to Know Now
October 9, 2009
San Francisco, California

"Acquisitions of Distressed Businesses"
PLI's Mergers & Acquisitions 2009: What You Need to Know Now
September 25, 2009
Chicago, Illinois

"SIRVA: The Extreme Prepack"
ABI 11th Annual New York City Bankruptcy Conference
May 4, 2009
New York, New York

"Business Reorganization"
ABI Winter Leadership Conference
December 14, 2008
Tuscon, Arizona

"Distress in the Gaming Industry"
September 3, 2008
Web Seminar

"Developments in DIP Lending and Restructuring Finance"
Ninth Annual ABI New York City Bankruptcy Conference
May 7, 2007
New York, New York

"Who Controls the Reorganized Debtor? Corporate Governance Issues In Chapter 11"
ABA Spring Meeting
March 15, 2007
Washington, D.C.

"JL French: A Model for Future Auto Supplier Restructurings"
Wharton Restructuring Conference 2007
February 16, 2007
Philadelphia, Pennsylvania

"Situation Report:  Calpine"
Thirteenth Annual Conference on Distressed Investing
November 28, 2006
New York, New York

"Addressing Pension Obligations and Collective Bargaining Agreements in Airline Restructuring"
Fifth Annual Legal & Financial Conference on Airline Restructuring
September 27, 2006
New York, New York

"Presentation of IBGT Business Recovery Award - United Airline"
Fourth Annual International Forum on Corporate Renewal
September 17, 2006
Rio de Janeiro, Brazil

"Negotiating Complex Deals in Corporate Restructurings"
New York University School of Law
August 2006 - December 2006
New York, New York

"Successful Strategies for Restructuring Troubled Companies"
Ninth Annual Conference on Corporate Reorganizations
June 22, 2006
Chicago, Illinois

"Lessons Learned - The UAL Restructuring"
Chicago Bar Association
February 16, 2006
Chicago, Illinois

Memberships & Affiliations

Member, American College of Bankruptcy

Member, American Bankruptcy Institute

American Bar Association — former chairman of the Subcommittee on Environmental Claims in Bankruptcy, Environment Controls Committee of the Business Law Section. (1995–1999)


Admissions & Qualifications

  • 2011New York
  • 1988Illinois


  • Supreme Court of Illinois
  • United States Court of Appeals for the Ninth Circuit
  • United States Court of Appeals for the Seventh Circuit
  • United States District Court for the Northern District of Illinois
  • United States District Court for the Eastern District of Wisconsin


  • University of Chicago Law SchoolJ.D.1988
  • The City University of New York, Queens CollegeB.A.magna cum laude1985