Related Services

Commercial Law, Bankruptcy and Reorganization

Education

Michigan State University, J.D.
Honors: cum laude
Law Review, Member and Note and Comment Editor
Albion College, B.A.

Admitted

Michigan

Florida

U.S. District Court for the Southern District of Florida

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Western District of Michigan

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

U.S. Court of Appeals for the Sixth Circuit

T 313.465.7548

F 313.465.7549

vCard

Detroit
2290 First National Building
660 Woodward Avenue
Detroit, Michigan 48226

E. Todd Sable

Partner

Extensive representation of original equipment manufacturers and suppliers, including the development of strategies for the protection of just-in-time supply of component parts produced by non-performing, financially distressed and bankrupt suppliers; contract negotiation among suppliers, customers and creditors; and analysis and advice relating to the maintenance of supply relationships.
Broad-based representation of debtors, creditors' committees, customers, suppliers and lenders in commercial bankruptcy and reorganization proceedings, financial restructurings, liquidations, and out-of-court workouts throughout the United States.
Lead bankruptcy counsel in the matter of Capitol Bancorp Ltd., a bank holding company with a network of banks and bank operations in ten states and total consolidated assets of approximately $2.0 billion, in its chapter 11, pre-packaged plan of reorganization.
Extensive experience in commercial transactions under Article 2 and Article 9 of the Uniform Commercial Code, including in the development and negotiation of supply contracts and purchase order terms and conditions.
Representation of purchasers and sellers of businesses and assets, both in and out-of-court. Serves as special commercial counsel on corporate, merger and acquisition, and financing transactions.
Extensive experience representing strategic and financial purchasers and sellers of distressed assets and businesses: in Bankruptcy Code Section 363 sales; under bankruptcy plans of reorganization and liquidation; under Article 9 of the Uniform Commercial Code; and in other insolvency and related proceedings.
Representation of parties in commercial litigation, preference actions, fraudulent transfer actions and other bankruptcy litigation.
Extensive experience in connection with Michigan's Special Tool Builder's Lien Act and Molder's Lien Act, and alternative rights available to manufacturers.
Acts as external general counsel to tier one automotive suppliers.
Recognized by Chambers USA: America's Leading Lawyers for Business, 2010-2012, as one of America's leading business lawyers in the Banking and Financing field in Michigan; the 2012 Chambers Guide adds, "Clients say bankruptcy expert Todd Sable 'brings a depth of experience to commercial matters, gets to the heart of issues quickly and focuses on the critical aspects from a customer viewpoint.'"

Community Involvement

Temple Beth El
- Board of Trustees and Executive Committee, Member
- Vice President
French-American Chamber of Commerce, Firm Representative

Honors

Chambers USA: America's Leading Lawyers for Business, 2010-2012
- Recognized as one of America's leading business lawyers in the Banking and Financing field in Michigan
The Best Lawyers in America, 2009-2013
Michigan Super Lawyers, 2009-2012
DBusiness, Top Lawyers, 2010-2013
Martindale-Hubbell AV® Preeminent™ Peer Review Rated

Publications

“Form of Manufacturing Supply Agreement (Pro-seller),” PLC Commercial (online) (October 2012), Practical Law Company, Inc., contributor
"Working with a Chapter 11 Business Can Be Tricky," Michigan Lawyers Weekly (August 9, 2010)

Speeches and Conferences

"Customer Insolvencies and Bankruptcies Under the Newly Amended Bankruptcy Code in Michigan: Protecting Your Company When Your Customer Files Bankruptcy," Lorman Education Services Seminar (2006)
"Customer Bankruptcies: Issues and Answers," Michigan Manufacturers Association (2005)

Clerk Experience

Michigan Court of Appeals, Pre-Hearing Attorney and Law Clerk, 1996-1997