Timothy R. Damschroder, a longtime shareholder with Bodman PLC has been named the recipient of the 11th Annual Stephen H. Schulman Outstanding Business Lawyer Award by the State Bar of Michigan Business Law Section.
Damschroder is the chairperson of the Business Law Practice Group at Bodman. He has served in leadership roles both for the State Bar of Michigan Business Law Section and for other professional associations and organizations, including several years on the council of the Section and as chairman (2002-03). He has specialized in securities law, with specific emphasis on securities litigation and investor arbitration, for over 25 years.
In 2013, Gov. Rick Snyder appointed Damschroder to the newly created Michigan Health Endowment Fund Board. The fund will benefit the health and wellness of Michigan residents through programs focusing on children and seniors. Damschroder serves as treasurer of the.
“I am very honored for this recognition because if you look at Prof. Schulman’s impact in our field, and the list of the past recipients of this award, it’s a list of professionals I have always admired and wanted to emulate,” Damschroder said.
Damschroder’s work on the Michigan Health Endowment Fund has been particularly rewarding, he says. As of July 2016, the fund has been responsible for funding $120 million to benefit statewide programs.
Over the years Damschroder has negotiated and closed dozens of corporate finance transactions totaling more than $1 billion.
“I’ve been blessed in my career to have been afforded incredible opportunities,” Damschroder said “Being a part of the Business Law Section throughout my entire career certainly has contributed to these opportunities and the networking and dialogue with colleagues in this profession as part of the Section has been invaluable.”
Damschroder will be introduced at the Schulman Award Ceremony Oct. 7 in Grand Rapids, by Dan Minkus, the 2013 recipient of the Schulman Award. Minkus is managing member of the Birmingham office of Clark Hill PLC.
“This award is well deserved. Tim has been a very meaningful contributor to the Section for many years,” Minkus said. “Tim has been very active in developing other leaders for the Section and during that time has been a great mentor to many younger lawyers. Perhaps most importantly Tim is a great ambassador for our Section. He practices law with integrity. He’s well-respected and respectful of others.”
The Outstanding Business Lawyer Award was named after Schulman, who taught several business law courses at Wayne State University Law School.
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