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 fraudulent conveyance, illegal dividend, fiduciary duty, piercing the corporate veil, and mass tort and environmental liability issues in bankruptcy. He also has represented a number of entities in the structuring and consummation of spin-offs, secured financings, distressed sales, and acquisitions.

Representative chapter 11 debtor cases include: Burlington Industries, Chrysler LLC, Dana Corporation, Lehman Brothers (special counsel to the debtors), LTV Steel Company, and Oglebay Norton Company (a prenegotiated chapter 11 case). Other recent representations include 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 in its acquisition of Recycled Paper Greetings through a prepackaged chapter 11 case.

Carl is a member of the American Bar Association, the Ohio State Bar Association, and the Cleveland Metropolitan Bar Association. He also serves on the board of trustees of Providence House, a not-for-profit crisis nursery.