Photo of Sheryl L. Toby

Sheryl L. Toby Member

Areas of Practice


Bar Admissions

  • Michigan, 1986

Court Admissions

  • U.S. Court of Appeals, 6th Circuit, 1986
  • U.S. District Court, Eastern District of Michigan, 1986
  • U.S. District Court, Western District of Michigan, 1986
  • U.S. Supreme Court, 1996


Wayne State University, J.D., cum laude

  • Order of the Coif
  • Law Review

Michigan State University, B.A.

Sheryl Toby (Member) has substantial experience in two unrelated fields. First she regularly advises manufacturing entities (such as automotive clients) in a wide variety of day-to-day supply chain matters. In both traditional and advanced technology manufacturing, she focuses on legal requirements within the context of practical application. She works closely with purchasing groups, in-house legal, finance and other business teams in developing strategy for addressing business challenges that intersect operational and legal issues. Her vast experience spans across matters such as, development of unique collaborative agreements in advanced vehicle manufacturing, front end procurement contracting best practices and addressing "stop-ship," financially troubled suppliers and other litigation threats. She is often called upon by entities to strategize with and lead experts in a variety of other disciplines to address unique challenges faced by companies in highly regulated manufacturing based industries including, for example, internal investigations of safety issues and other matters. Second, Ms. Toby is a prominent bankruptcy and restructuring attorney with over 30 years of experience. She is known for her creative approach in providing solutions for creditors, debtors and lenders addressing financial challenges. Ms. Toby has been involved in numerous significant bankruptcy cases throughout the country and is a frequent speaker and media consultant in her fields.

Blog Posts

Memberships & Involvement

  • ABA Section of Business Law, Co-Vice Chair of Business Transactions Subcommittee, 2014-Present
  • American Bankruptcy Institute Board of Directors, Education Committee, 2008-2012
  • ABI Commercial Fraud Task Force Committee, Co-Chair, 2007 and 2008
  • American Bankruptcy Institute Central States Division Conferences, Program Chair, 2004-2008
  • International Women's Insolvency/Restructuring Confederation Member, Michigan Network, Founder and Former Chair of Local Chapter
  • American Bar Association, Use and Disposition of Property Subcommittee of the Business Bankruptcy Committee, Vice-chair
  • Detroit Metropolitan Bar Association, Section of Debtor/Creditor, Vice-chair, 1997-1998
  • United States Bankruptcy Court, Eastern District of Michigan, Advisory Committee, Member, 1997-1998
  • American Bar Association, General Practice Section, Vice-Chair, 1992-1993
  • Federal Bar Association
  • Turnaround Management Association
  • State Bar of Michigan

Named to "Lawdragon 500 Leading U.S. Bankruptcy & Restructuring Lawyers," 2020

Recognized in The Best Lawyers in America® for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Bankruptcy Litigation, 2007-Present. Copyright 2015 by Woodward/White, Inc., Aiken, SC

Named a Michigan Leading Lawyer in the areas of Bankruptcy & Workout: Commercial and Creditor's Rights/Commercial Collections Law by the Leading Lawyers Network, 2014-2017. Law Bulletin Publishing Company

Named a Top Lawyer by dbusiness Magazine for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization and Bankruptcy Litigation, 2010-2013, 2015-2016, 2018

Recognized in Michigan Super Lawyers®  for Business/Corporate, Bankruptcy: Business, and Creditor Debtor Rights: Business, 2007-2008, 2010-Present

Recipient of an AV® Preeminent™ Rating by Martindale-Hubbell, 2013

Bar Register of Preeminent Women Lawyers, Martindale-Hubbell, 2011

Selected as one of Crain's Detroit Business' "40 Under 40"

Honorable mention as one of the country's Outstanding Young Bankruptcy Professionals by Turnaround and Workout Publications

Featured in Insolvency & Restructuring Section of the Guide to the World's Leading Women in Business Law

Recipient of Martindale-Hubbell® AV® Preeminent™ Peer Review Rating