Header graphic for print
Tilting the Scales Business Issues with a Legal Slant

About Cleve Clinton

Cleveland (Cleve) G. Clinton
Gray Reed & McGraw, P.C.
Director

1601 Elm Street, Suite 4600
Dallas, TX 75201
D: (214) 922-8910
C: (214) 537-6967
F: (214) 953-1332
cclinton@grayreed.com

Raised in small town Texas and educated in business, Cleve Clinton has an affinity for risk takers who plan big, dare big and sometimes get into big trouble—whether the risk takers are principals of businesses with revenues from $5 million to $100 million, or in-house counsel for publicly traded companies who seek innovative, efficient approaches to legal disputes using technology applications and a variety of business alternatives.

“Let us then turn this government back into the channel in which the framers of the Constitution originally placed it.” A. Lincoln

Attorney At Law – Board Certified Civil Trial Law,  Litigation Solutions

  • Represented multiple “bad banks” in the “workout” and collection of over $1 billion in loans and rehabilitation of their “toxic assets,” including bankruptcy and state court receiverships
  • Secured a sequestration order and recovered a bulldozer for a large equipment distributor and lessor
  • Obtained a state court receivership and approved Bankruptcy Plan of Reorganization to permit the sale of a ski resort
  • Represented joint venture partner in the first Texas Chapter 9 municipal utility district bankruptcy, and successfully defended $35 million deceptive trade practices claims by the municipal utility district homeowners
  • Successfully defended a corporate officer and director against allegations in federal court complaint of insider bond trading manipulation, breach of fiduciary duty and fraud
  • Successfully defended claim of premises liability against apartment complex owners’ alleged failure to provide adequate security and related claims of rape and assault
  • Represented shopping center owner in connection with multiple tenant, visitor and adjacent landowner claims, related to alleged environmental violations, common area expense accounting, and slip and falls
  • Supervised litigation defending former black male employee’s claim that company discriminated against him by hiring white male rather than promoting the former employee
  • Secured permanent injunction against former employees and competing business in theft of computer data and company trade secrets, by securing the mirrored image of the hard drive containing the hijacked data
  • Secured favorable jury verdict on behalf of widow against third party family claimants and representatives of the decedent’s estate

Counselor At Law – Non-Litigation Solutions

  • Implementing Manufacturing Services Agreement enabling manufacturing company to collect its accounts receivable before litigation and to manage its inventory “turn”
  • Orchestrating homeowners approval of a bond issue resolving a lawsuit and averting bankruptcy of a special utility district serving the homeowners and their neighborhood
  • Navigating manufacturing company through embezzlement by key employee, accusations of criminal complicity by management, and lender threat to terminate banking relationship that would trigger bankruptcy
  • Working out agreements with secured debtors and guarantors for payment of loans secured by real estate including chain sandwich shop properties, office buildings, car lots, strip and retail shopping centers
  • Assisting due diligence efforts in sale of manufacturing company with history of bankruptcy and embezzlement claims
  • Facilitating win-win solution between company engineers who were pleased with vendor’s product but greatly disappointed with vendor’s installation and servicing where vendor agreed to mitigate the company’s losses to get the opportunity to bid on significant future business
  • Managing the options of a utility provider and a real estate developer for resolution of a dispute over relocation of utilities currently in a city street which the city intends to abandon to the developer
  • Providing litigation strategy for the defense of a company against a former employee’s claim that the company bypassed him for a promotion to select another candidate based upon race discrimination
  • Securing the assets and navigating the sale of Angel Fire Ski Resort on behalf of the largest secured creditor, and negotiating and settling the interests of the other creditors, homeowners, the Federal Government and multiple State authorities
  • Assisting due diligence efforts in sale of land development company then involved in multiple lawsuits
  • Negotiating enforcement terms of various non-compete agreements for both employers and employees
  • Assisting due diligence and evaluating pending litigation impact in negotiation and sale of major shopping center
  • Securing zoning and land use protections for a residential lot developer negatively impacted by the issuance of a Type 1 municipal landfill permit on adjacent property

Certifications

  • Civil Trial Law, Texas Board of Legal Specialization

Personal Background / Memberships / Affiliations

  • Born Burnet, Texas
  • Rotary Club of Park Cities, Director 2006 to date
  • La Fiesta de Las Seis Banderas, Director 2005 to date
  • Labors for Neighbors, Inc., co-founder and director (2005 to date), a Texas non-profit corporation assisting Southeast Texas hurricane victims
  • Circle 10 Council Boy Scouts of America, Spring Fundraiser Table Chair 2008
  • Project Transformation, an urban day camp for inner city youth – Director and Vice Chairman (2006 – 2007)
  • Highland Park United Methodist Church, Youth and Adult Sunday School teacher, Bible Study leader
  • Theatre Three – Board of Directors, Chair (1990 – 1992)
  • Leadership Dallas 1992
  • Scottish Rite 32* Mason
  • Dallas Young Texas Exes

Educational Background and Professional Activities

  • University of Texas McCombs School of Business (B.B.A. – Finance, 1975)
  • Legal education, Southern Methodist University Dedman School of Law (J.D. 1978)
  • State Bar of Texas, admitted 1978, and admitted to practice before all U.S. District Courts in Texas
  • Member Sections – Litigation, Real Estate, Collaborative Law and Technology
  • Dallas Bar Association (Chairman, Fee Disputes Subcommittee, 1984 – 86) and American Bar Association; Dallas Association of Young Lawyers (Director, 1985)

Speeches

  • Trimming Your Fat Without Becoming the Biggest Loser – Downsizing Your Workforce in a Down Economy (2009)
  • The Cascading Credit Crunch – Implications to Entrepreneurs and Businesses (October 2008)
  • What Every Business Owner and Entrepreneur Should Know about Litigation (August 2007)
  • Anticipating and Managing the Costs of Litigation in a Commercial Lawsuit (February 2007)
  • “Selling” in Special Districts – What are They and What to Disclose? (Greater Dallas Board of Realtors 2006)
  • Labors for Neighbors – Gulf Coast Hurricane Relief after Hurricanes Katrina and Rita (2005)
  • Alternate Dispute Resolution and Arbitration (1985)

Honors

  • Rotary Club of Park Cities – Paul Harris Fellow
  • Rotary Club of Park Cities – Club Service Award 2007