Crumbaugh, David G.

David G. Crumbaugh

Retired Partner

David G. Crumbaugh retired from the partnership in May 2017. He practiced law since 1976 and focused on secured lending for more than 30 years. He devoted his practice principally to the representation of banks and commercial finance companies in transactional matters.

Mr. Crumbaugh's practice focused on secured finance. He closed more than 500 leveraged buy-outs and refinancings. He represented numerous commercial finance lenders and has broad experience in virtually all legal issues faced by banks and commercial lenders. His principal focus was cross-border transactions. Mr. Crumbaugh also has substantial experience with first lien/second lien and senior debt/high yield transactions. He represented lender clients on financings in virtually every type of industry, including:

  • Food products
  • Distribution
  • Media and communications companies
  • Healthcare
  • Heavy manufacturing sectors
  • Software companies

Mr. Crumbaugh has been active for more than 25 years in the Commercial Finance Association, the trade association that represents asset-based lenders.

Mr. Crumbaugh's rankings include: 2018 Best Lawyers in America for Banking and Finance Law, 2016 Outstanding Lawyer of the Year for Banking and Finance Law by Best Lawyers, 2010 Best Lawyers in America survey in the Banking category, World's Leading Lawyers by the Practical Law Company Yearbooks 2008 and 2009, leading lawyer in the 2008 IFLR1000 guide, and top-tier lawyer in Chicago for Finance in Chambers USA 2005-2016.

Mr. Crumbaugh regularly conducts continuing legal education seminars regarding commercial finance topics. In addition, he has published numerous articles on secured lending issues with particular emphasis on tax and accounting issues affecting secured lending.


  • JD, University of Illinois College of Law, 1976
  • BS, Illinois State University, 1973