Experts & Advisors
Mike Kennelly
Senior Managing Director
150 North Riverside Plaza, Suite 2400
Chicago, IL 60606
+1.312.212.6100 Main
+1.312.583.2707 Direct
+1.312.953.9397 Mobile
Mike Kennelly is a Senior Managing Director and the practice leader of both the Commercial Litigation group and also the Valuation and Transaction Advisory group at Ankura. He serves as an accounting, valuation and transaction advisor to companies and investors engaged in buying or selling companies, placing debt or making equity infusions, as well as to assist them in accounting for and valuing businesses, cash flow generating assets, intellectual property, and complex securities. He provides financial advisory, valuation and accounting services for transactional advisory purposes, complex commercial disputes, valuation matters and accounting investigations.
Experience
Mike has assisted companies with financial advisory issues throughout his career, including serving as the chief financial advisor to companies and other constituents in financially challenging or distressed environments. Mike is a forensic accountant experienced in both disputes and investigations. Mike has significant experience providing expert consulting and testimony on the subject of damages, valuation, solvency, ability to pay, and accounting matters. Mike has presented his findings to management committees, regulators, and state and federal courts, including U.S. Tax Court, Delaware Chancery Court, U.S. Bankruptcy Court and U.S. District Court.
Examples of his professional experience include:
- Business valuations and accounting analyses for a variety of purposes, including for transactions (mergers, acquisitions, and divestitures), solvency analyses, analysis of related party transactions, financial and tax accounting, capital planning, performance management, damages calculations, and other litigation purposes.
- Damages, solvency, inability to pay, accounting, and valuation analyses regarding transactions, post-transaction matters, disputes, and investigations.
- Due diligence, advisory and/or financial accounting services, including valuation and quality of earnings, for transaction purposes.
- Expert witness testimony in federal and state jurisdictions, including U.S. Bankruptcy Court, U.S. Tax Court, and arbitration proceedings, regarding damages and other financial, valuation, and accounting issues.
- Financial advisor in restructuring and distressed company matters, helping to develop, implement, or evaluate restructuring plans, sell assets, restructure debt, stabilize crises, and perform forensic analyses to analyze complex transactions.
- Education
- BA, University of Notre Dame
- Certifications
- Certified Public Accountant
- Accredited Senior Appraiser
- Accredited in Business Valuation
- Certification in Distressed Business Valuation
- Certified Insolvency & Restructuring Advisor
- Certified in Financial Forensics
- Affiliations
- American Society of Appraisers
- American Institute of Certified Public Accountants
- Associate of Insolvency & Restructuring Advisors
- American Bankruptcy Institute
- Turnaround Management Association
- Illinois CPA Society