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Seyfarth Shaw LLP

Work +1 312 460 5000
Fax +1 312 460 7000
Atlanta, Boston, Chicago, Hong Kong, Houston, London and 9 more

Theodore Cornell III

Work (312) 460-5907
Seyfarth Shaw LLP

Work Department

Corporate; Commercial Finance; Mergers & Acquisitions; Corporate Governance & Compliance; Private Equity and Venture Capital




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.

Mr. Cornell began his career at Pedersen & Houpt attaining a partnership. He joined Seyfarth Shaw LLP in 1985, becoming a partner in 1986. While at Seyfarth Shaw LLP he also served as general counsel of the Chicago South Shore and South Bend Railroad, and is currently general counsel of Pregis Corp.




Director, The Pilcher Hamilton Corporation; 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; Association for Corporate Growth; Speeches: 4th Annual M&A and Economics Outlook Symposium sponsored by PrivateBank, Mesirow Financial and Seyfarth Shaw, September, 2012; American Bar Association; Illinois Bar Association; Chicago Bar Association


J.D., Northwestern University School of Law, cum laude, 1975; B.S., University of Notre Dame, with honors, 1972


Family, golf, cycling

United States: M&A/corporate and commercial

M&A: middle-market (sub-$500m)

Within: M&A: middle-market (sub-$500m)

Seyfarth Shaw LLP's 'M&A team is efficient, timely and provides excellent business advice'. It acts for private and public companies in all aspects of M&A transactions, including joint ventures, divestitures and investments, and frequently advises on cross-border work. The firm's highly rated labor and employment practice regularly supports the M&A team on deals and the practice stands out for healthcare and franchise M&A. Corporate office chair for the Washington DC team Andrew Sherman led advice to a construction and insurance technology solutions company on the sale of construction bidding software; Atlanta-based Andrew Hough acted for IG Design Group Americas, an international stationery business, in a purchase of all of Impact Innovations' shares; Houston's Paul Pryzant assisted Nasdaq-listed TapImmune, which develops immunotherapeutics, with its merger of equals with immunotherapy innovator Marker Therapeutics; and Theodore Cornell III in Chicago advised a private equity firm on the acquisition of a flooring company. Also in Chicago, M&A chair Suzanne Saxman is 'terrific; she delegates when appropriate but participates on every important call, and is a good source of market intelligence that is helpful for benchmarking anticipated negotiation points'. Saxman advised a human resources services and technology company on the acquisition of a corporation that provides employee engagement and wellbeing solutions, and its subsidiaries. Elsewhere, vice-national M&A chair Andrew Lucano 'may just be the best M&A attorney in New York City - his expertise and attentiveness to detail, along with his business savvy, are critical'; also in New York, Stanley Bloch is 'the most practical and learned M&A attorney' some clients have worked with and 'brings to the table a perspective that few else have'. Washington DC's Robert Bodansky and Douglas Mancino in Los Angeles are other notable advisers; counsel Leslie Kersey was hired in New York from Paul Hastings LLP and Chicago-based Whitney Schmidt is an experienced associate.

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