David D. Cleary

Firm: Greenberg Traurig
Location: Phoenix - AZ

  • 2375 East Camelback Road Suite 700
    Phoenix, AZ 85016
  • Tel : 602.445.8000
  • Fax : 602.445.8100

David D. Cleary focuses his practice on business restructuring and reorganizations, distressed asset dispositions and financings, debt restructurings and workouts, and litigation. David regularly represents individuals, distressed companies, financial institutions, secured and significant creditors, noteholders and bondholders, hotel/resort owner/operators, boards of directors, debtors, official and ad hoc committees, and insurance and surety portfolios.

David also handles municipal and tax-exempt restructurings. He is currently co-leading the GT team involved in the Puerto Rico restructuring, including representing the Puerto Rico Electric Power Authority and the Puerto Rico Aqueduct and Sewer Authority.


  • Corporate reorganization, restructuring, and refinancing
  • Mergers and acquisitions involving financially distressed entities and/or assets
  • Bank lending/financial institutions
  • Counsel to boards of directors and management
  • Gaming
  • Hospitality
  • Airlines
  • Health care
  • Tax-exempt restructuring

  • Listed, The Best Lawyers in America, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law; Litigation – Bankruptcy, 2012-2019
  • Listed, AZ Business magazine, “Top 100 Lawyers in Arizona,” 2018
  • Listed, Super Lawyers magazine, Southwest Super Lawyers, 2011-2019
    • “Top 50 Super Lawyers in Arizona,” 2015-2017
  • Member, Winning Team, M&A Advisor’s Turnaround Awards, “Restructuring of the Year (Over $500mm to $1 Billion)” for the restructuring of FriendFinder Networks, 2015
  • Member, Winning Team, ACG New York Champion’s Awards, Technology, Media, Telecom (over $100mm) for Restructuring of FriendFinder Networks Inc. – Senior Secured Notes and Second Lien Notes, 2014
  • Member, Winning Team, “Media & Entertainment Turnaround of the Year” for the reorganization of FriendFinder Networks Inc., Global M&A Network’s Turnaround Atlas Awards, 2014
  • Member, Winning Team, ACG New York Champion’s Awards, Corporate/Strategic Acquisition of the Year (Over $250mm) and Consumer Services categories for Indianapolis Downs, LLC – Sale of Indiana Grand Casino and Indiana Downs Racetrack, 2013
  • Team Member, a U.S. News – Best Lawyers®, “Law Firm of the Year” in Bankruptcy and Creditor-Debtor Rights / Insolvency and Reorganization Law and Litigation – Bankruptcy, 2013
  • Rated, AV Preeminent® 5.0 out of 5

Greenberg Traurig

Greenberg Traurig (GT) is dedicated to elevating how our clients experience legal services. At the core of this commitment is our Innovative Client Strategies Team. This multi-disciplinary team of attorneys and business professionals focuses solely on developing client experience based innovation. To elevate our clients’ experience, we focus on delivering more than just high-quality legal advice – we strive to deliver enhanced value, better insights, and more predictability.

At GT we leverage six innovation drivers—optimized staffing, improved planning, value-based pricing, strategic legal insights, productivity applications and our culture of innovation—to enhance our clients’ experience. By applying these drivers to the traditional legal model, we create innovative strategies that enable our attorneys to improve predictability, provide better insights, and ultimately deliver more value. Collaborating with our clients to meet their goals has always been a core principle at GT—deploying innovative strategies enables us to provide a best-in-class experience as we work to meet those goals.