Michael has nearly 30 years of experience in the insurance industry, focusing on investment management and corporate governance.

Overview
Representative Matters
Insights
Awards

Michael has considerable experience counseling clients on investment adviser, trust company, investment company, and broker-dealer regulation, securities law compliance, and debt and equity financing matters.

Michael frequently counsels boards of directors and assists clients with governance matters. He also represents buyers and sellers in mergers and acquisitions transactions.

Counseling and Compliance

  • Organized registered investment companies, hedge funds, and other funds exempt from the registration requirements of the Investment Company Act of 1940.
  • Registered federally covered and state-covered investment advisers.
  • Counseled on regulatory and compliance concerns affecting investment funds, federally covered investment advisers, and state-registered investment advisers.
  • Developed compliance programs and conducted compliance audits for investment advisers and broker-dealers.
  • Advised boards of directors regarding fiduciary obligations and governance matters.

Transactions

  • Represented COUNTRY Life Insurance Company in connection with the reinsurance of approximately $1.5 billion of fixed deferred annuity contract liabilities ceded to Lincoln Benefit Life.
  • Represented Guardian Insurance and Annuity Company in connection with the sale of its 401(k) business to Ameritas.
  • Advised Humana in its acquisition through merger of Concentra, Inc., a health care provider, for $790 million.
  • Represented Hartford Life Insurance Company in its acquisition of the group benefits division of CNA Financial Corporation for $500 million.
  • Advised Federal Life Insurance Company in connection with its Form N-4 and Federal Life Trust in connection with its N-1A related to the launch of an individual variable deferred annuity backed by its new proprietary mutual fund complex.
  • Crain’s Chicago Business, Notable Gen X Leader in Law (2019, 2021-2022)
  • Chicago Bible Society: The Gutenberg Award (2015)

Michael has considerable experience counseling clients on investment adviser, trust company, investment company, and broker-dealer regulation, securities law compliance, and debt and equity financing matters.

Michael frequently counsels boards of directors and assists clients with governance matters. He also represents buyers and sellers in mergers and acquisitions transactions.

Counseling and Compliance

  • Organized registered investment companies, hedge funds, and other funds exempt from the registration requirements of the Investment Company Act of 1940.
  • Registered federally covered and state-covered investment advisers.
  • Counseled on regulatory and compliance concerns affecting investment funds, federally covered investment advisers, and state-registered investment advisers.
  • Developed compliance programs and conducted compliance audits for investment advisers and broker-dealers.
  • Advised boards of directors regarding fiduciary obligations and governance matters.

Transactions

  • Represented COUNTRY Life Insurance Company in connection with the reinsurance of approximately $1.5 billion of fixed deferred annuity contract liabilities ceded to Lincoln Benefit Life.
  • Represented Guardian Insurance and Annuity Company in connection with the sale of its 401(k) business to Ameritas.
  • Advised Humana in its acquisition through merger of Concentra, Inc., a health care provider, for $790 million.
  • Represented Hartford Life Insurance Company in its acquisition of the group benefits division of CNA Financial Corporation for $500 million.
  • Advised Federal Life Insurance Company in connection with its Form N-4 and Federal Life Trust in connection with its N-1A related to the launch of an individual variable deferred annuity backed by its new proprietary mutual fund complex.
  • Crain’s Chicago Business, Notable Gen X Leader in Law (2019, 2021-2022)
  • Chicago Bible Society: The Gutenberg Award (2015)
  • Fellow, American Bar Foundation (2019-present)
  • American Bar Association (1996-present)
  • Fellow, American College of Investment Counsel (2004-present)
  • Advisory board, After School Matters (2024-present)
  • Chicago Bible Society
    • Board of directors (2016-present)
    • President (2020-present)
    • Secretary (2017-2019)
  • Lutheran Life Communities
    • Board of directors (2005-present)
    • Chairman (2017-present)
    • Interim CEO (April 2020-September 2020; October 2017-February 2018)
    • Vice chairman (2010-2017)
    • Secretary (2005-2010)
    • Chairman, audit committee (2008-2019)
    • Member, audit committee (2005-present)
    • Member, compensation committee (2008-present)
  • Board of directors, Trees That Feed Foundation (2016-present)
  • Governance faculty, National Association of Mutual Insurance Companies (2022-present)
  • Course professor, “Fund Governance,” Regulatory Compliance Association (2012-2016)

Education

  • Harvard Law School, J.D., 1996
  • Saint Louis University, B.A., B.S., summa cum laude, 1993

Bar Admissions

  • Illinois

Court Admissions

  • U.S. District Court, Northern District of Illinois
  • State Courts, Illinois