Michael Slates J.D.
Mr. Michael D. Slates earned his J.D. and MBA from Northern Illinois University. Mr. Slates is also a CFA (Chartered Financial Analyst) charter holder. Prior to joining the University in 2002, Mr. Slates served as an associate attorney in Northwest Illinois. In private practice, Mr. Slates specialized in corporate law and transactions, estate planning and health care law. After leaving private practice, Mr. Slates joined a large regional bank as a Vice President in the Office of the General Counsel. Mr. Slates spent several years in the General Counsel’s office before becoming a commercial banker in the same institution. Mr. Slates left the bank to become the Chief Financial Officer for a small public manufacturing firm in Northwest Ohio.
Mr. Slates has taught a number of different courses in the Schmidthorst College of Business, both in the Department of Finance and in the Department of Legal Studies. In the Department of Finance, Mr. Slates has taught courses in Business Finance, Corporate Finance, Personal Finance, Pension and Retirement and Employee Benefits and Risk Management and Insurance. In the Department of Legal Studies, Mr. Slates has taught courses in the Legal Environment of Business, Health Care Law and International Business Transactions.
Mr. Slates has published in the Real Estate Law Journal and has research interests in Financial Markets and Real Estate Law.
EDUCATION
M.B.A. Degree- May 1988
Northern Illinois University, Graduate School of Business, DeKalb, Illinois
Concentrated Study - Finance and Management
J.D. Degree- May 1985, Cum Laude
Northern Illinois University, College of Law, DeKalb, Illinois
Concentrated study - Corporate, Commercial and Federal Taxation Law
Dean's List: 1983-84, 1984-85
B.A. Degree- May 1982
Millikin University, Decatur, Illinois
Major - Political Science; Minor - Business Administration
Advanced studies in Economics and Mathematics
EXPERIENCE
Assistant Teaching Professor, Finance and Legal Studies-Bowling Green State University, 2002-current; Bowling Green, Ohio
Faculty member in the College of Business. Courses taught include sections of FIN 3500 Corporate Finance, FIN 3000 Business Finance, FIN 3210 Risk and Insurance Planning, FIN 4140 Retirement and Employee Benefits, FIN 3400 Financial Markets and Institutions, MBA 6060X Corporate Finance, FIN 2000 Personal Finance, LEGS 4250 Health Care Law, LEGS 3010 Legal Environment of Business and LEGS 4060 International Law. Faculty Advisor – Financial Management Society – 2011-2014 and 2018-2019. Faculty Advisor – Stock Trading Club - 2017-2019. Full Time: 2002 – 2014; Part Time: 2014 – 2018; Full Time: 2019.
Adjunct Instructor, Finance – University of Toledo, Toledo, Ohio 2017-current
Visiting Instructor in the College of Business and Innovation. Courses taught include BUAD 3040 Principles of Financial Management and FINA 3600 Risk Management.
Adjunct Faculty, Finance and Legal Studies-Lourdes University, Sylvania, Ohio 2012-2015
Adjunct faculty member in the College of Business and Leadership. Courses taught include BUS 425 Financial Management for Health Care Professionals, BUS 304 Corporate Finance and BUS 330 Legal Environment of Business
Vice President of Finance & Administration, General Counsel-Leisure Direct, Inc., 2000-2002
Perrysburg, Ohio Managed the company’s legal and financial activities and provided analysis of the company’s financial and operating results that focused management’s attention on problems and opportunities.
- Provided general legal advice, negotiated contracts, maintained SEC, employment and OSHA compliance.
- Managed accounting staff for holding company and two operating units of the company.
- Prepared detailed operating budgets for all three units of the company for use by management for decision making purposes.
- Oversaw audits of the financial statements for the company by independent auditing firm and prepared periodic financial statements, including periodic SEC filings, including 10QSB’s and 10KSB’s for the company.
- Managed day-to-day administrative functions for all three units of the company.
Vice President-Bank One, Rockford, NA, Rockford, Illinois 1992-2000
Commercial Banking Officer. Managed the corporate banking needs of more than 25 of the bank’s corporate banking clients. (10/95-1/00)
- Managed a $40 million portfolio of loans and a$25 million portfolio of deposits.
- Designed and aided clients in implementation of cash management systems
- Underwrote the credit worthiness of clients through financial statement and market analysis, including the bank’s $20 million participation in a $1.3 billion acquisition line of credit for a Fortune 500 company.
Assistant General Counsel. Involved in all legal matters of the bank, including contract negotiation and drafting, litigation management and regulatory compliance. (3/93-10/95)
- Managed the litigation of more than 35 cases in which the bank was plaintiff or defendant.
- Provided legal structure and documentation for loans made by more than 15 commercial bankers.
- Negotiated real estate contracts for the acquisition of future branch sites, and for the sale of Other Real Estate Owned.
Special Assets Manager. Managed the Special Assets Unit. The Special Assets Unit is charged with the duties of monitoring and managing all classified credits of the bank. (3/92-10/95)
- Managed a $10 million portfolio of troubled corporate loans. Rehabilitated or collected more than $7 million of that total for the benefit of the bank.
- Under my direction, the Special Assets Unit also managed the bank's Other Real Estate Owned portfolio. Personally handled the liquidation of more than 15 commercial and residential properties.
Attorney-Holmstrom & Kennedy, P.C., Rockford, Illinois 1988-1992
Practice consisted of estate planning, commercial, secured and corporate transactions, general corporate law with emphasis in corporate health care, and software licensing, sublicensing and marketing.
- Represented the city’s largest hospital in numerous acquisitions and joint venture transactions.
- Argued numerous cases in front of state and Federal courts, including a successful appeal in one of the first cases heard by the Federal Circuit Courts of Appeal under the 1988 amendments to the Federal Fair Housing Act.
Judicial Clerk-Honorable Richard N. DeGunther, Bankruptcy Judge, 1985-1988 Northern District of Illinois
Assisted in case decisions through research and writing of legal memoranda and draft opinions. Assisted Bankruptcy Clerk by rendering opinions on Bankruptcy Procedure.
Updated: 05/22/2023 01:20PM