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Marc N. Swanson

Principal

Office

T:
+1.313.496.7591
O:
+1.313.963.6420
M:
+1.248.766.7159
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+1.313.496.7500
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Education

University of Minnesota Law School, J.D., 2007

University of Michigan, B.A. 2004

Bar Admissions

Court Admissions

United States Supreme Court

U.S. Court of Appeals for the Sixth Circuit

U. S. District Court

  • Western District of Michigan
  • Eastern District of Michigan

In bankruptcy cases throughout Michigan and across the country, Marc Swanson represents debtors, lenders, creditors, equity holders and unsecured creditors' committees. Marc is currently the lead attorney for the City of Detroit in its bankruptcy case. Marc argued and won two bankruptcy appeals at the U.S. 6th Circuit Court of Appeals for the City. One of these appeals sought to unravel the City's entire bankruptcy plan and Grand Bargain and the other appeal challenged the Detroit Water and Sewerage Department's ability to collect past due bills and set its rates. Marc also successfully represented the City at the U.S. Supreme Court in the appeal of its bankruptcy plan.

Marc has extensive experience in the municipal, energy, automotive, banking and building supply industries. In 2018, Marc was recognized by Best Lawyers in America, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization. Marc is also vice chair of the Debtor/Creditor Rights section of both the Michigan State Bar Association and the Detroit Bar Association. Marc frequently speaks at restructuring conferences and seminars and publishes articles on insolvency-related topics. Marc is a member of Leadership Detroit and serves on the board of Cass Community Social Services, a non-profit based in Detroit.

Representative Matters

Honors

Best Lawyers in America, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization, 2018

Michigan Super Lawyers, Rising Star, Bankruptcy: Business, 2016-2018

University of Minnesota Law School, cum laude; Dean's List; First Year Legal Writing Honors; International Law Moot Court

University of Michigan, University Honors; James B. Angell Scholar; University of Michigan Democrats Club; Junior Year Abroad

Kings College, London, England, 2003

M&A Advisor 7th Annual Emerging Leaders Award, 2016

Professional Activities

American Bar Association

State Bar of Michigan

State Bar of Michigan, Business Law Section, Debtor-Creditor Rights Committee, Co-Vice Chair 2016-present

Detroit Bar Association, Debtor-Creditor Rights Section, Vice Chair, 2017-present

American Bankruptcy Institute

Michigan Oil and Gas Association

Turnaround Management Association (Michigan Division), Programming Committee 2015-present

Civic, Cultural & Social Activities

Leadership Detroit, Class XXXIX Graduate

University of Michigan Alumni Association

University of Michigan Club of Greater Detroit

Michigan Humane Society

Cass Community Services Board of Directors

Teaching

University of Minnesota, Teaching Assistant, "Cases that Shocked and Shaped the Nation," September 2006-May 2007

Speeches

"Alternatives for Distressed Companies," Detroit Bar Association, Debtor-Credit Rights Committee, May 16, 2018

"ABCs of SBA Loan Workouts," Turnaround Management Association Detroit, May 9, 2018

“Fraudulent Transfer Law Seminar,” State Bar of Michigan, Business Law Section, Debtor-Credit Rights Committee, March 14, 2018

"Assignment of Rents and Bankruptcy," State Bar of Michigan, Business Law Section, Debtor-Creditor Rights Committee, Aug. 9, 2017

"Hulk Hogan Body Slams Company into Bankruptcy: A Two-Part Case Study Loosely Based upon the Gawker/Hulk Hogan Dispute and Gawker Bankruptcy Filing," Panelist Moderator, Turnaround Management Association (TMA), Oakland Hills Country Club, Oct. 6 and Nov. 18, 2016

Presentation regarding various issues related to representing clients in Single Asset Real Estate cases, Co-Presenter, Chapter 11 Roundtable III, hosted by Chief Judge Shefferly and the Office of the United States Trustee, Nov. 4, 2016

"The Plan (2 months later) and Post-Bankruptcy," Panelist, Turnaround Management Association (TMA), University Club of Grand Rapids, April 2016

"Bankruptcy Jurisdiction and Stern v. Marshall," Bankruptcy Conference, Federal Bar Association for the Western District of Michigan, Thompsonville, Michigan, July 2012

Publications

"How a Bank Can Avoid Paying the Bankruptcy Trustee When Its Customer Commits Fraud," Michigan Business Law Journal, Spring 2018

"Detroit Residents with Terminated Water Service Out of Luck," Bloomberg BNA, Nov. 16, 2016

"Challenge to Detroit Pension Cuts Thwarted by Sixth Circuit," Bloomberg BNA, Oct. 7, 2016

"Buying and Selling a Business in Michigan," Second Edition, Chapter 12: Buying the Assets of Financially Distressed Businesses, Co-author, Sept. 1, 2016

"Were Those Rents Assigned? Absolutely!" Co-authored with Ronald A. Spinner, ABI Journal, July 2016

"Stern v. Marshall Raises New Sword on Court's Authority," Focus on Bankruptcy, Michigan Lawyers Weekly, Aug. 20, 2012

"WARN Act and Bankruptcy," Michigan Lawyers Weekly, Sept. 13, 2011

"Landmark Standards May Not Be for Everyone," Michigan Lawyers Weekly, Aug. 16, 2010

"Chrysler Bankruptcy Showed Section 363 a Worthy Solution," Michigan Lawyers Weekly, Aug. 24, 2009 

Articles