att name
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Jeffrey C. Toole

 
toole@buckleyking.com

Cleveland: 216.685.4749

 

“Every problem has a solution, it just may require more creativity than billable hours.”

Best Lawyers in America

Bankruptcy + Creditor Debtor Rights/Insolvency + Reorganization Law
Bankruptcy Litigation

-Woodward/White Inc.

Super Lawyers

Bankruptcy + Creditor/Debtor Rights

-Thomson Reuters

With impressive analytical skills, Jeff provides practical, efficient, and creative options to achieve clients' objectives and to mitigate their risks.

Jeff has the ability to simplify very complex situations. He brings this talent to commercial debt restructuring matters, representing the key players in Chapter 11 business reorganizations. Jeff advises lenders and borrowers in working out problem loans, and navigates confidently through business bankruptcy cases and receiverships.

Whether negotiating or preparing agreements for a restructured multi-million dollar problem, representing a bank or insurance company seeking to maximize its recovery in a customer's volatile bankruptcy, or advising a client that wants to purchase assets from a debtor in Chapter 11, Jeff develops practical and creative solutions.

focused on debt restructurings + insolvency matters

Jeff handles debt restructuring and insolvency matters in the manufacturing, retail, real estate development, health care, hospitality, and transportation industries, to name a few. His wide-ranging experience includes representing:

  • Creditors' Committees
  • Debtors
  • Indenture Trustees
  • Leasing Companies
  • Secured Lenders
  • Unsecured Trade Creditors

He writes and lectures on a wide array of business bankruptcy and secured transactions issues, UCC Article 2A and UCC Article 9, and other important debtor-creditor topics.

when skill matters

  • In the involuntary Chapter 7 bankruptcy of a national law firm, successfully recovered full payment for bank group on their multi-million dollar secured claims, and defended a lien avoidance lawsuit by the bankruptcy trustee, enabling the banks to keep all funds received before and during the bankruptcy. 
  • When an impasse occurred with lender, navigated the client through a hotly-contested bankruptcy reorganization, convincing the court to approve our client’s use of the lender’s cash collateral, and ultimately confirming a Chapter 11 plan under which our client’s business was sold as a going concern, maximizing recoveries for creditors, preserving all of its employees’ jobs, and enabling the business to continue. 
  • Enabled national bank and its participant lender to recover a debt from a continuing care retirement community (CCRC), devising a strategy for a state court receiver to operate the CCRC and then obtained court approval of a procedure for the receiver to sell the CCRC “free and clear of liens” as a going concern, eliminating all subordinate liens and recovering over $20 million. 
  • Negotiated a resolution for defaulted airplane loan allowing guarantors to purchase the loan for $13.5 million in cash, thereby paying bank the entire principal balance plus accrued interest.
  • After replacing a national law firm, obtained judgment in favor of a regional bank and its mezzanine lender affiliate against a debtor/customer seeking $4.5 million in damages for alleged fraud, breach of fiduciary duty, civil conspiracy, and lender liability claims, and then successfully defended that ruling on appeal, totally vindicating both clients.
  • In mammoth California bankruptcy of a defunct leasing company involving dozens of lender banks and surety companies owed over $500 million, on behalf of a multi-national bank, spearheaded negotiation and preparation of a global settlement agreement resolving substantially all conflicting claims among the affected parties in the bankruptcy, and maximized lenders’ recoveries from the bankruptcy estate.

noteworthy achievements

articles + presentations

professional associations

  • American Bankruptcy Institute
  • Lease Enforcement Attorney Network
  • Cleveland Metropolitan Bar Association - Bankruptcy + Commercial Law Section

education

Cornell Law School, J.D. cum laude

Kenyon College, B.A. summa cum laude

admissions

Ohio

Indiana

U.S. Court of Appeals for the Sixth + Seventh Circuits

U.S. District Court for the Northern + Southern Districts of Ohio

U.S. District Court for the Northern + Southern Districts of Indiana