David Neumann

Experience

David Neumann is a seasoned business advisor and strategic litigator who has spent over two decades helping companies navigate the financial and operational crossroads of commercial enterprise. His practice focuses on corporate insolvency, creditor rights, bankruptcy litigation, receiverships, and complex restructurings, delivering innovative solutions for distressed businesses, investors, and stakeholders alike.

Whether guiding regional manufacturers through operational wind-downs or structuring Chapter 11 transactions for national retailers, David’s insight and execution are trusted by clients with high-stakes challenges in fast-moving environments.

David advises clients on:

• Bankruptcy litigation and Chapter 11 reorganizations
• Receiverships and distressed asset transactions
• Creditor rights and supply-chain disputes
• Financial restructurings and turnaround strategy
• Private equity interventions in troubled acquisitions
• SBA and community impact loan enforcement

Notable Results

• Retail Chapter 11 Representation– Represents shopping and living centers in most major national/regional retail bankruptcy cases
• Regional Co-Packer Restructuring– Guided financial and operational restructuring, leading to sale to a SPAC
• Lucky’s Supermarket Chapter 11 Acquisition– Led bid coordination and consortium strategy in 363 virtual auction to challenge insider bid limitations
• General Motors Dealership Acquisition– Counsel for GM’s first virtual dealership acquisition via Chapter 11 363 sale
• FirstEnergy Solutions Corp. Case– Secured $12M settlement for commercial electricity users affected by 2014 Polar Vortex surcharge
• Steel Manufacturer Wind-Down– Navigated wind-up of operations, negotiating favorable creditor composition
• Fracking Service Provider Restructuring– Directed restructuring and refinancing of multi-state company with $30M in revenue
• Staffing Resource Company Representation– Advises on national/regional Chapter 11 cases and enforcement actions
• Transportation Company Wind-Down– Oversaw orderly closure and dissolution of corporate affairs
• Ohio-Based Corporate Counsel– Provides ongoing advisory to manufacturers, dealerships, and recyclers on corporate transactions
• Community Impact Financing– Represents SBA lender on community lending and enforcement matters
• Court-Appointed Receiver Representation– Legal advisor for receivers in various Northern Ohio cases
• Distressed Asset Intervention– Assists private equity funds with troubled asset evaluations and strategic acquisitions

Professional and Civic Engagement

• Member, LawPact®
• Admitted to practice in Ohio and Massachusetts
• Member, Cleveland Metropolitan Bar Association
• Board of Trustees, Jewish Education Center of Cleveland
• Member, American Bankruptcy Institute
• Member, Turnaround Management Association
• Advisory Board, @Akiva
• Charter Member, Cleveland Public Theater’s Director’s Advisory Committee
• St. Petersburg Subcommittee, Overseas Connections Committee

Recognition and Honors

• Ohio Super Lawyers®, 2022–2024
• Best Lawyers® in America, Bankruptcy & Reorganization Law, 2020-2024
• AV Preeminent® rated by Martindale-Hubbell

David is originally from Lexington, Massachusetts and is a long-time resident of Olmsted Falls, Ohio, where his wife, Holly, was raised and where she now serves on the local school board. David has two daughters and is a proud and active member of the West Side Cleveland Jewish community.  David is also an artist and gardener, and fluent in conversational Russian.