Jeffrey C. "Jeff" Toole
Awarded Practice Areas
Banking and Finance Law Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Commercial Transactions / UCC Law Litigation - Bankruptcy
Biography
With impressive analytical skills, Jeff devises practical, effective, and creative options to achieve clients' objectives and mitigate their risks.
Jeff has a unique ability to simplify very complex situations. Whether helping a business to navigate its way through unfamiliar, choppy financial waters, negotiating and preparing agreements for a restructured multimillion dollar loan, representing a bank or insurance company seeking to maximize its recovery from a troubled borrower, or assisting a receiver to preserve the value of an enterprise under his or her supervision, Jeff applies critical thinking to break down, assess, evaluate, and develop creative and effective options for clients.
Recognized as one of the "Best Lawyers in America" in his fields, Jeff advises key players about business disputes, commercial transactions, working out problem loans, defending "lender liability" claims, and navigating confidently through business bankruptcy cases and receiverships. His wide-ranging experience includes representing:
Jeff has a unique ability to simplify very complex situations. Whether helping a business to navigate its way through unfamiliar, choppy financial waters, negotiating and preparing agreements for a restructured multimillion dollar loan, representing a bank or insurance company seeking to maximize its recovery from a troubled borrower, or assisting a receiver to preserve the value of an enterprise under his or her supervision, Jeff applies critical thinking to break down, assess, evaluate, and develop creative and effective options for clients.
Recognized as one of the "Best Lawyers in America" in his fields, Jeff advises key players about business disputes, commercial transactions, working out problem loans, defending "lender liability" claims, and navigating confidently through business bankruptcy cases and receiverships. His wide-ranging experience includes representing:
- Creditors' Committees
- Debtors
- Indenture Trustees
- Banks and Other Secured Lenders
- Leasing Companies
- Unsecured Trade Creditors
- Asset Purchasers
Jeff writes and lectures on a wide array of topics, such as identifying the various types of fiduciary duties that corporate or LLC boards of directors and officers must honor and how they can fulfill them, secured transaction and lending issues, and commercial loan restructurings.
Overview
- English
- Cornell University, Juris Doctor, graduated 1985
- Kenyon College, BA, graduated 1982
- Ohio, United States
- Indiana, United States
- Cleveland Metropolitan Bar Association - Member, Executive Committee, Bankruptcy and Insolvency Section
- American Bankruptcy Institute - Member
- Cleveland Metropolitan Bar Association - Member, Bankruptcy & Commercial Law Section
- Ohio and Indiana state and federal courts
- English
- Ohio, United States
- Indiana, United States
- Cleveland Metropolitan Bar Association - Member, Executive Committee, Bankruptcy and Insolvency Section
- American Bankruptcy Institute - Member
- Cleveland Metropolitan Bar Association - Member, Bankruptcy & Commercial Law Section
- Cornell University, Juris Doctor, graduated 1985
- Kenyon College, BA, graduated 1982
- Ohio and Indiana state and federal courts
Client Testimonials
Awards & Focus
Recognized in The Best Lawyers in America® 2026 for work in:
- Banking and Finance Law
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
- Commercial Transactions / UCC Law
- Litigation - Bankruptcy
Additional Areas of Practice:
- Commercial Finance Law
- Commercial Litigation
- Equipment Finance Law
- Securitization and Structured Finance Law
Awards:
- Best Lawyers in America - Banking and Finance
- Best Lawyers in America - Bankruptcy Litigation
- Best Lawyers in America - Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law
- Top Attorneys in Ohio
- Top Lawyers
- Martindale-Hubbell AV Preeminent Rated
- Best Lawyers in America - UCC
- Ohio Super Lawyer - Business/Corporate
News & Media
Case History
Cases
- Receivership
In a receivership of four mobile home parks (many of which had environmental problems), assisted our receiver client to obtain state court approval to sell the parks to several buyers "free and clear" of liens and claims, thereby maximizing the recovery to the parks' mortgage lender.
- Bankruptcy
In mammoth California bankruptcy of a defunct leasing company involving dozens of lender banks and surety companies owed over $500 million, on behalf of multi-national bank, spearheaded negotiations 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.
- Reorganization
- Receivership
- Bankruptcy
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