Municipal Bankruptcy: Avoiding and Using Chapter 9 in Times of Fiscal Stress (Second Edition)
Senior CounselSan Francisco
Marc's practice concentrates on insolvency planning, bankruptcy cases, out-of-court reorganizations and workouts. He represents secured and unsecured creditors, acquirers of assets from insolvent companies, debtors, indenture trustees, committees, public entities and bankruptcy trustees.
He has been an examiner in two Chapter 11 cases, and frequently serves as a mediator of bankruptcy-related disputes.
Marc is nationally recognized as a leading municipal bankruptcy lawyer by such publications as Chambers USA and Legal500. In 2020, Legal500 inducted Marc into their Hall of Fame, which recognizes lawyers at the pinnacle of the profession. In 2009 and in 2015, he was selected as one of the “Dealmakers of the Year” by The American Lawyer for his roles in the Vallejo and the Stockton Chapter 9 cases, respectively. He has been named by the Daily Journal as one of California’s Top 100 Lawyers four times, and was selected by the Daily Journal as one of California’s Top 25 Municipal Lawyers in 2011, 2012 and 2013 for his work in the Chapter 9 representations of Stockton and Vallejo. In 2012, he was named one of the “California Attorneys of the Year” by California Lawyer, the magazine of the State Bar.
Marc frequently lectures on bankruptcy, insolvency and corporate and municipal reorganization topics. He has spoken to numerous bar associations as well as to in-house counsel and business people at corporations such as Wells Fargo Bank, Goldman Sachs, Mitsubishi Electric America, Moody’s and Morgan Stanley. Marc is a conferee of the National Bankruptcy Conference, is a past Chair of the American College of Bankruptcy and is a past president of the California Bankruptcy Forum. He has served as a guest lecturer at the U.C. Davis School of Law, Stanford Law School, the Pacific McGeorge School of Law, the University of Washington School of Law and the University of Southern California Law Center.
Prior to joining Orrick, Marc was a partner at Sidley & Austin in Los Angeles from 1980 to 1990. He was an associate and partner at Shutan & Trost in Los Angeles from 1975 to 1980.
A sample of notable recent engagements includes the following.