Kelly McDonald is an associate in the Business Finance & Restructuring Department of Weil, resident in the firm’s Dallas office.
Ms. McDonald regularly represents debtors, creditors, acquirers of distressed assets, and other parties in interest in complex chapter 11 reorganizations and out-of-court workouts. Her debtor representations have included restructurings in industries as diverse as commercial and residential building materials, automotive parts, and oil and gas. She was also part of the team that represented Texas Rangers Baseball Partners and Dallas Stars, L.P., et al., in their chapter 11 cases and sales. She is currently a part of the team representing AMR Corporation, et al., in their chapter 11 cases.
Ms. McDonald has represented financial institutions as creditors and as DIP lenders in chapter 11 cases. She has also represented acquirers and potential acquirers of distressed assets in several industries, including semiconductors, energy, and insurance. Ms. McDonald has also advised clients as depositors in state and federal bank insolvency procedures and as creditors in bank holding company chapter 11 cases, performed complicated avoidance action analyses, and advised numerous international clients on bankruptcy law in the United States.
Ms. McDonald is actively involved in numerous professional organizations. She serves as Vice Chair of the Global Turnaround Management Association (TMA) young professionals group, NextGen, and she is on the Board of the DFW chapter of the TMA. She is also a member of the Global TMA’s Education Oversight Committee that is designing a new educational system for the TMA. She serves as Chair-Elect of the DFW network of the International Women’s Insolvency and Restructuring Confederation (IWIRC). Ms. McDonald is currently a member of an American Bar Association Business Bankruptcy Committee Task Force that is drafting a new model asset purchase agreement for distressed and 363 sales. She is a member of the John C. Ford American Inn of Court, Dallas Fort Worth Association of Young Bankruptcy Lawyers, and the Dallas Bar Association.
Her community and philanthropic activities include membership in Attorneys Serving the Community and the United Way Young Leaders Society. She is also a member of the Dickinson College John Dickinson Society, University of Texas “Texas Exes” and St. John’s University Law School Loughlin Society.