Marc R. Weintraub

Marc Weintraub leads Bailey Glasser's corporate practice group and is the managing partner of Bailey Glasser’s Florida office. Marc is a successful corporate lawyer experienced in the negotiation and documentation of large domestic and international transactions and has, since 2019, been a Recognized Practitioner within the Corporate/Commercial sector of West Virginia by Chambers USA.

Marc represents clients negotiating multimillion-dollar investment and loan transactions involving domestic and international parties. Adept in foreign direct investment in the United States, Marc has represented European and Asian based clients investing in the United States. His practice also includes substantial work in energy transactions, project finance, economic development, and real estate development.

Marc is a seasoned business executive having acted as the interim, and then permanent, CEO for a company owned by one of his international clients. He helps bridge cultural divides, especially when it comes to helping his international clients make and manage investments in the United States, a cornerstone of his practice. This type of work involves much relationship-and trust-building, with an emphasis on communication. 

Awards & Accolades

Chambers USA, West Virginia; Corporate/Commercial (2019 - 2022)

Super Lawyers, West Virginia, Business/Corporate (2021-2022)

Government Service / Previous Employment

• City Council, City of Charleston, West Virginia (2002 - 2013)
•     Chair, Urban Revitalization Committee
•     Member, Finance Committee, Planning Committee
• Publications Director, City of New York Campaign Finance Board

Case Studies

Representative Matters

• Negotiated and drafted a joint venture related to greenfield development of a new bricks-and-mortar casino in Bristol, Virginia, in partnership with Hard Rock Hotel & Casino and pursuant to the state’s new gaming statute
• Led a groundbreaking legal effort to successfully foreclose on an abandoned coal mine due to environmental obligations and redevelop the land for large-scale commercial agriculture purposes
• Represented first lien lenders and affiliates in acquiring coaling mining assets in both Illinois and Indiana following White Stallion Energy LLC’s Chapter 11 bankruptcy proceedings
• Represented a communications provider in securing a combination of federal and state financing and grants, as well as private funding, to develop large-scale fiber optics networks in West Virginia, which will dramatically increase the availably of high-speed internet across the state
• Negotiated a forbearance agreement between the client and a West Virginia coal producer to restructure debt the producer owes to the client and on which it had defaulted
• Negotiated and documentedthe refinancing of a $40 million mortgage-backed debt allowing the borrower to replace expensive combined debt and equity financing with pure, traditional secured debt at a materially reduced interest rate
• Represented the lessee in the negotiation and documentation of leases covering coal-mining equipment to be used in Canada with the financing arm of a major equipment manufacturer in the aggregate amount of $65 million
• Redocumented a $500 million credit facility designed to provide development and operating funds to a leading coal-mine operator in Canada materially improving the terms for the lender
• Represented the statutory committee of unsecured creditors in the bankruptcy of the Timberline Ski Resort with a laser focus on selling the resort to an experienced, well-capitalized operator allowing the re-employment of local workers at the shuttered resort
• Handled sale of a distressed automotive dealership resulting in the payment in full of all first lien secured creditors and the full funding and standard termination of our client’s previously underfunded employee pension plan
• Structured and documented an equity investment in a medical device development company allowing for the further development and commercialization of patented medical technology; also restructured employee and founder compensation
• Provided strategic counsel to a hearing aid conglomerate in selling a 49% interest of its hearing aid distribution business to a major manufacturer of hearing aids based in Europe; transaction resulted in the formation of a joint venture agreement with the European manufacturer and receipt by our clients of cash payments in excess of $2 million and the possibility for the client to sell their remaining interest at multiples of the original valuation
• Structured and documented the sale of majority ownership of a closely held family company as part of a complex estate plan
• Closed the sale of a fiberoptic loop surrounding Columbus, Ohio in the face of threatened lawsuit by the City of Columbus
• Represented and served as lead negotiator for the Chinese owner of an industrial manufacturing company in the workout and restructuring of over $25 million in debt
• Negotiated and documented the sale of a Midwestern industrial manufacturing company while avoiding and obtaining indemnification for material but unknown environmental obligations; developed the sale strategy with the head of the office and their general counsel then executed the plan
• Served as purchaser’s counsel in the acquisition of oil and gas interests and related royalty streams for hundreds of wells located in Pennsylvania; coordinated all due diligence and drafted all documentation and drove the matter to a closing

News & Insights

Community and Professional Activities

AREAA Greater Tampa Bay, Founding Board Member

AREAA Global, Legal Counsel and Non-Voting Member

Charleston Advisory Board for MVB Bank, Member

Webinars

How the American Rescue Plan Will Impact the Shuttered Venue Operators Grant (SVOG)