Matthew R. Goldman

Partner

Cleveland
T +1.216.861.7797
F +1.216.696.0740

"Goldman is a real pro. He adds to superb knowledge of the law an ability to deal practically and effectively with people to get things done."

— This comment appears on the U.S. News & Best Lawyers "Best Law Firms" website at bestlawfirms.usnews.com

Overview

Matthew Goldman has functioned as lead counsel for debtors, trustees, creditors' committees and purchasers in the bankruptcy, restructure, and liquidation of large and middle-market companies across the country. He has had extensive experience in steel, automotive, retail, real estate, health care, finance, and communications bankruptcies and restructures. He has appeared in most major bankruptcy cases of the past three decades.

Matthew has also been recognized for his valuable efforts to advance the bankruptcy profession. He currently is a member of the American Bankruptcy Institute's Commission to Study the Reform of Chapter 11, and acts as reporter for its Committee on Administrative Claims. Matthew was responsible for the expansion of the William J. O'Neill Bankruptcy Institute into a regional seminar of national repute. For eight years Matthew chaired the O'Neill Advisory Committee and was a member of the Cleveland Metropolitan Bar Association's Executive Committee. For five years Matthew was an officer of the bankruptcy section of the Bar. He was the section chair in 2006 and 2007. He continues to organize the O'Neill Bankruptcy Institute. Matthew is ranked in Chambers USA: America's Leading Lawyers for Business. He is also listed in The Best Lawyers in America©, and holds an AV rating from Martindale-Hubbell. From 1988 through 1991, Matthew was co-annotator, with Jerry Patchan, of Clark Boardman’s Federal Rules of Bankruptcy.

Select Experience

  • Lead debtor's counsel representing the $2 billion litigation trust for the Extended Stay Hotel bankruptcy.
  • Lead counsel for the Official Committee of Administrative Claimants in the LTV Steel bankruptcy case. Led the effort to recover from LTV's directors and officers for the collapse of LTV's case, to this day the largest failed industrial bankruptcy case in American history. Matter was settled in December 2011 for $85 million, which reversed LTV's administrative insolvency and provided a distribution to unsecured creditors.
  • Lead counsel for CSC, Ltd., a $1 billion special bar quality steel mill.
More »

Experience

  • Lead debtor's counsel representing the $2 billion litigation trust for the Extended Stay Hotel bankruptcy.
  • Lead counsel for the Official Committee of Administrative Claimants in the LTV Steel bankruptcy case. Led the effort to recover from LTV's directors and officers for the collapse of LTV's case, to this day the largest failed industrial bankruptcy case in American history. Matter was settled in December 2011 for $85 million, which reversed LTV's administrative insolvency and provided a distribution to unsecured creditors.
  • Lead counsel for CSC, Ltd., a $1 billion special bar quality steel mill. 
  • Lead counsel for the purchase of Copperweld Steel Company out of bankruptcy.
  • Lead bankruptcy counsel for three officers and directors of Refco Securities, Inc.
  • Lead debtor's counsel for Universal Automotive, Inc., a $500 million automobile parts manufacturer.

Recognitions and Memberships

Recognitions

  • Chambers USA: Bankruptcy/Restructuring in Ohio (2004 to 2017)
  • The Best Lawyers in America© (1993 to 2018)
    • Cleveland: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
    • Cleveland: Litigation – Bankruptcy
  • Ohio "Super Lawyer" (2004 to 2017)
  • Martindale-Hubbell: AV Preeminent

Memberships

  • American Bankruptcy Institute
    • Commission to Study the Reform of Chapter 11
    • Subcommittee on Administrative Claims: Reporter
  • Cleveland Metropolitan Bar Association
    • Bankruptcy Section: Chair 
    • Bar Association Executive Committee (eight years)
  • Established the William J. O'Neill Bankruptcy Institute as a regional event
    • Chaired O'Neill Advisory Committee (eight years)
  • American Bar Association: Bankruptcy Section

Prior Positions

  • Ameritrust Company National Association: Senior bankruptcy counsel (1981 to 1987). In charge of legal department, bankruptcy, and workout groups.
  • Acted as counsel to Finance Department and established bank's financial futures and swap programs and obtained their regulatory approval.

Admissions

  • New York, 1979
  • Ohio, 1982
  • Maryland [Federal], 1997

Education

  • J.D., University of Pennsylvania Law School, 1978
  • B.A., State University of New York at Buffalo, 1974, Phi Beta Kappa, magna cum laude