People: Theodore E. Cornell III, Partner

Photo of Theodore E. Cornell III, Partner

Theodore E. Cornell III

Partner

Chicago
Direct: (312) 460-5907
Fax: (312) 460-7907
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Ted Cornell is a partner in the Corporate Department in the Chicago office of Seyfarth Shaw LLP.  He is a transaction-oriented corporate lawyer with experience in finance and business combinations, including mergers and acquisitions, private equity, mezzanine investments, secured lending, workouts and restructuring.  Mr. Cornell also acts as general counsel to a number of corporations on a variety of matters, including shareholder agreements employment contracts, equipment purchases, relationships with customers and suppliers, licensing and advice to boards of directors.  Ted has been honored by the Leading Lawyers Network as an Illinois Super Lawyer in the General Business Law category and also recognized in the categories of Corporate Finance Law, Mergers & Acquisitions Law and Closely and Privately Held Business Law.

Ted Cornell is a partner in the Corporate Department in the Chicago office of Seyfarth Shaw LLP.  He is a transaction-oriented corporate lawyer with experience in finance and business combinations, including mergers and acquisitions, private equity, mezzanine investments, secured lending, workouts and restructuring.  Mr. Cornell also acts as general counsel to a number of corporations on a variety of matters, including shareholder agreements employment contracts, equipment purchases, relationships with customers and suppliers, licensing and advice to boards of directors.  Ted has been honored by the Leading Lawyers Network as an Illinois Super Lawyer in the General Business Law category and also recognized in the categories of Corporate Finance Law, Mergers & Acquisitions Law and Closely and Privately Held Business Law.

Education

  • J.D., Northwestern University School of Law
    cum laude
  • B.S., University of Notre Dame
    with honors

Admissions

  • Illinois

Courts

The Supreme Court of Illinois does not recognize certifications of specialties in the practice of law and no certificate, award or recognition is a requirement to practice law in Illinois.

Affiliations

  • Director, The Pilcher Hamilton Corporation
  • Director, PMI Systems, Inc.
  • Director, Daniel Murphy Scholarship Foundation
  • Director, Leslie Shankman School Corporation, operating The Sonia Shankman Orthogenic School at the University of Chicago and Hyde Park Day School
  • Private Directors Association
  • Association for Corporate Growth
  • Speech: 6th Annual M&A Preview: A Middle Market Perspective, sponsored by PrivateBank, Mesirow Financial and Seyfarth Shaw
  • American, Illinois and Chicago Bar Associations

Representative Engagements

M&A

  • Represented Wilson Sporting Goods Co. in the acquisition of the global brand, sales and innovation rights of Louisville Slugger from Hillerich & Bradsby Co.
  • Represented equipment dealer and servicer with thirteen locations in a sale of the business to a management group and strategic buyer in three related transactions.

Finance

  • Represented the equity sponsor group of First Merit Bank, N.A. in over ten transactions in the past two years.
  • Represented JP Morgan Chase Bank in a senior loan facility to The Second City, Inc. and affiliates.
  • Represented Mesirow Private Equity in several investments.

General Corporate

  • General Counsel to several privately held companies who do not have inside Counsel.

Accolades

  • Recognized Attorney, M&A/Corporate & Commercial: M&A Middle Market (U.S), Legal 500 USA (2012–2017)