William E. Schonberg

William E. Schonberg

Partner

Cleveland

T 216.363.4634

email vcard pdf

Overview

William focuses his practice primarily on the representation of debtors and creditors in such matters as asset-based loan agreements, workouts, reorganizations, secured transactions, and loan origination, negotiation and restructurings.

He also has extensive experience with general corporate transactional strategic analysis and has handled matters in such industries as wholesale distribution, retail, light manufacturing and service.

What I Do

Bankruptcy Litigation
Cannabis
Commercial Finance & Banking
Corporate
Debt Restructurings
DIP Financing
Restructuring & Bankruptcy
Retail & E-Commerce
Workouts & Restructurings

Featured endorsements

Experience

Represented a steel manufacturing company in a $22 million sale of its alloy extrusions businesses to a strategic purchaser.

Key Contacts: Michael W. WardKevin D. MargolisWilliam E. SchonbergShaylor R. SteeleRobert A. RossDuncan H. PoirierJulius A. Zavala

Represented a leading promotional products company in connection with senior secured $10,000,000 credit facility and $3,250,000 subordinated term loan provided by an SBIC fund.

Key Contacts: William E. SchonbergMatthew P. Delguyd

Represented the Ohio Casino Control Commission (OCCC) regarding the myriad issues arising as a result of the filings of chapter 11 bankruptcy petitions by Caesars Entertainment Operating Co. and many of its affiliates (CEOC).  In particular, certain of CEOC’s non-debtor affiliates held an indirect ownership interest in, and managed, the Horseshoe Casinos in Cleveland and Cincinnati.  Therefore, we advised the OCCC regarding evaluation and satisfaction of its statutory duties, exercised in a strategic manner, in the context of CEOC’s ongoing chapter 11 cases.

Key Contacts: William E. Schonberg

Representing a glass products manufacturer in its financial restructuring and recapitalization as a going concern.

Key Contacts: William E. Schonberg

Represented client as strategic Stalking-Horse Bidder to purchase assets as going concern in a Section 363 bankruptcy sale.

Key Contacts: William E. SchonbergKevin M. CapuzziRobert A. Marchant

No results found

Credentials

Education

Cleveland State University College of Law, 1979, J.D.
Ohio University, 1976, BGS
  • cum laude

Clerkships and Bar Admissions

Ohio
U.S. District Court for the Northern District of Ohio

More

  • Member, American Bar Association
  • Member, Ohio State Bar Association
  • Member, Cleveland Metropolitan Bar Association
  • Board of Directors, American ORT
  • Founding Member, Board of Directors, American Bankruptcy Board of Certification; former Chair, Standards Committee
  • Founding Member, Board of Directors, Northern Ohio Chapter of the Turnaround Management Association
  • Vice President and Trustee, The Mandel Jewish Community Center of Cleveland
  • Member, American Bankruptcy Institute
  • Member, Turnaround Management Association
  • Member, Attorneys Division of the Jewish Community Federation of Cleveland
  • Board of Trustees, Jewish Community Federation of Cleveland
  • Listed, The Best Lawyers in America® 2007-2026 (Copyright 2019 by Woodward/White, Inc., of Aiken, SC)
  • AV® Rated, Martindale-Hubbell Peer Review
  • Listed, 2009 Corporate Counsel Top Lawyers: Bankruptcy and Creditor-Debtor Rights Law
  • Listed, Ohio Super Lawyers 2004, 2012-2021