Charlie Oellermann has more than 25 years of experience representing clients in complex restructuring and bankruptcy matters. His practice focuses primarily on corporate restructuring, bankruptcy, and other insolvency-related matters. He plays leading roles in Jones Day's representation of debtors, creditors' committees, asset purchasers, and other parties in large corporate restructurings, both in court and out of court, across the country. Charlie also provides insolvency-related advice in litigation and transactional contexts. In addition, he counsels clients regularly on fraudulent conveyance, illegal dividend, preferential transfer, fiduciary duty, and corporate veil piercing issues, as well as the structuring and consummation of spin-offs, secured financings, distressed mergers and acquisitions, and other transactions. He oversees the Business Restructuring & Reorganization Practice in Jones Day's Columbus Office.
Charlie represented debtors in the chapter 11 cases of Black Diamond Mining, Loewen Group International, Montgomery Ward, National Century Financial Enterprises, and RadioShack Corporation. Other significant client matters include the representation of River Valley Health Partners in the acquisition of its hospital and related entities by Prime Healthcare Foundation, WL Ross & Co. as the leader of a noteholder investor group that acquired the operating assets of coal producer Horizon Natural Resources out of chapter 11, and the official committee of unsecured creditors in the Allegheny Health, Education and Research Foundation cases. He has extensive experience representing clients in bankruptcy cases involving the coal industry.
Charlie is a member of the American Bankruptcy Institute, the Ohio State Bar Association, and the Columbus Bar Association. He has published and lectured extensively on U.S. insolvency matters.
Experience
Additional Publications
- August 2019
How Debtors Are Fighting The Ch. 11 Fee Increase, Law360 - March 2019
The Year in Bankruptcy: 2018, INSOL International News Update - July 2018
Debate Intensifies as to Whether the Bankruptcy Code’s Avoidance Provisions Apply Extraterritorially, Oxford Business Law Blog - June 2018
Debate Intensifies as to Whether the Bankruptcy Code’s Avoidance Provisions Apply Extraterritorially, Harvard Law School Bankruptcy Roundtable - April 2018
The Year in Bankruptcy: 2017, Harvard Law School Bankruptcy Roundtable - February 2018
Bankruptcy Court Rules That It Has Constitutional Authority to Grant Nonconsensual Releases in Chapter 11 Plan, Harvard Law School Bankruptcy Roundtable - December 2017
Recent Rulings Deepen the Divide on Whether the Bankruptcy Code’s Avoidance Provisions Apply Extraterritorially, University of Oxford Business Law Blog - November 2017
Recent Rulings Deepen the Divide on Whether the Bankruptcy Code’s Avoidance Provisions Apply Extraterritorially, Harvard Law School Bankruptcy Roundtable - October 2017
Yet Another Ruling Deepens the Divide on Whether the Bankruptcy Code’s Avoidance Provisions Apply Extraterritorially, INSOL International News Update - April 2016
2015: How Was It for Your Jurisdiction? Corporate Rescue and Insolvency - May 2015
Tender Offer Approved to Implement Classwide Debt Exchange Outside Plan of Reorganization, Harvard Law School Bankruptcy Roundtable website - July 1, 2014
Eighth Circuit Expands Subsequent New Value Preference Defense in Cases Involving Three-Party Relationships, Harvard Law School Bankruptcy Roundtable website - January 16, 2013
In Re Zota's Place In The 363 Sale Debate, Bankruptcy Law360, Real Estate Law360, Contract Law360 - October 2012
Hobgoblins Return To Haunt Bankruptcy Claims Traders, Bankruptcy Law360 - October 25, 2011
Another Blow to Triangular Setoff in Bankruptcy, Banking Law360, Bankruptcy Law360, Commercial Law360, and New York Law360 - June 21, 2011
Senior Class Gifting Is Not the End of the Story, Bankruptcy Law360 - April 2011
Assumption of Liabilities - It Means What We Thought It Meant, Law Journal Newsletter, The Strategist - March 1, 2011
PRPs With Contribution Claims: Pay Up or Skip Court, Bankruptcy Law360 and Environmental Law360 - July 9, 2010
Out-of-Court Workouts Gain Prominence as Bankruptcy Alternative, Columbus Business First - Spring 2009
2009 Is Shaping Up As Another Difficult Year for US Economy, RECOVERY - March 2009
When Bankruptcy and Equity Collide, The Bankruptcy Strategist - April/May 2008
When Brokers Go Broke: Subprime Meltdown May Mean More Stockbroker Bankruptcies, Association of Insolvency & Restructuring Advisors Newsletter - August 25, 2006
Businesses Often Use Chapter 11 Bankruptcy as a Restructuring Tool, Columbus Business First
Speaking Engagements
- May 1, 2014
Chapter 11: Duties of Counsel for a Debtor in Possession as Fiduciary and Responsibilities to the Estate, Columbus Bar Association Bankruptcy Law Institute - May 17, 2011
The Impact of Health Care Reform on Community Hospitals: Why So Many Are in Critical Shape, William J. O'Neill Great Lakes Regional Bankruptcy Institute - May 2, 2008
First Day Orders and Procedures, Columbus Bar Association CLE - August 18, 2005
Bankruptcy Practice After the Bankruptcy Abuse and Consumer Protection Act of 2005 - June 28, 2005
The Business Provisions of the 2005 Bankruptcy Code Amendments, Jones Day CLE Program - March 2004
Continued Fallout from the National Century Financial Enterprises Chapter 11 Cases - November 1997
Collateral Valuation and Other Current Issues in Chapter 11 Bankruptcies
- Harvard University (J.D. cum laude 1991; Editor-in-Chief, Harvard Journal of Law & Public Policy); Purdue University (Ph.D. 1985; M.S. 1981); University of Nebraska-Lincoln (B.S. with highest distinction 1980)
- Ohio
Lawdragon 500 Leading U.S. Bankruptcy & Restructuring Lawyers (2020, 2022, and 2023)
Chambers USA: America's Leading Lawyers for Business (2006-2022)
Super Lawyers Business Edition for bankruptcy (2011-2015)
Ohio Super Lawyers for bankruptcy & creditor/debtor rights (2005-2015)
Recommended by The Legal 500 United States for corporate restructuring (2010)