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Carl E. Black


(T) +1.216.586.7035
(F) +1.216.579.0212


  • The Ohio State University (J.D. cum laude 1998; Order of the Coif; George R. Beneman Memorial Award; National Trial Team, National Moot Court Team); Ohio University (B.S.Ed. cum laude 1989)

Bar Admissions

  • Ohio

Carl Black has played a leading role in Jones Day's representations of debtors and potential debtors, creditors' committees, contract counterparties, equity sponsors, and other significant creditors in many of the nation's largest in-court and out-of-court corporate restructurings. He has substantial experience counseling clients in corporate governance, fraudulent conveyance, illegal dividend, fiduciary duty, piercing the corporate veil, and mass tort, environmental, and legacy liability issues relating to distressed companies, both in and out of bankruptcy. He also has represented a number of entities in the structuring and consummation of spin-offs, secured financings, distressed sales and acquisitions, and ring-fencing transactions.

Representative chapter 11 debtor cases include: Alpha Natural Resources, American Apparel, Burlington Industries, Chrysler LLC, Dana Corporation, Lehman Brothers (special counsel to the debtors), LTV Steel Company, NII Holdings and Oglebay Norton Company (a prenegotiated chapter 11 case), and St. Mary's of the Woods (a CCRC). Other representations include Chemstream Holdings in the chapter 11 cases of Freedom Industries, Hilite International (cross-border out-of-court restructuring), Peabody Energy Corporation in the chapter 11 cases of its former subsidiary Patriot Coal Corporation, Financial Guaranty Insurance Company in the ResCap chapter 11 bankruptcy case with respect to its $1 billion+ claim and in FGIC's earlier reinsurance of $166 billion of public finance insurance policies, and American Greetings Corporation's acquisition of Recycled Paper Greetings through a prepackaged chapter 11 case.

Carl is a member of the American Bankruptcy Institute, the American Bar Association, the Ohio State Bar Association, and the Cleveland Metropolitan Bar Association.

Honors & Distinctions

  • Chambers USA: America's Leading Lawyers for Business in the field of bankruptcy/restructuring (2010-2018)

    Best Lawyers in America in the fields of bankruptcy and creditor debtor rights/insolvency and reorganization law (2010-2018) and litigation-bankruptcy (2011-2018), including 2015 and 2018 "Lawyer of the Year" for Litigation-Bankruptcy, Cleveland
Carl Black