Doug advises clients on mergers, acquisitions and divestitures; corporate governance, SEC, capital formation (including private and public offerings); NYSE and NASDAQ listing requirements; corporate finance; venture capital; and general corporate matters. He is knowledgeable on general contracting issues, commercial transactions, joint ventures and strategic alliances, and provides counsel with respect to organizational and structuring matters for corporate clients.
As Chairman, Doug helps to manage and support many of the Firm’s most significant clients. He helps to oversee major projects so as to ensure that all appropriate resources are dedicated to addressing the client’s needs and to provide clear communication and reporting. He also helps lead the Firm’s efforts in developing new and expanded client relationships.
For more than 30 years, Doug's practice has been focused around clients buying and selling privately held and publicly traded companies, working closely with the private equity and investment banking community in those endeavors.
In addition to his experience with hundreds of business transactions, Doug helps clients with public disclosures, securities filings, and Securities Act and Exchange Act compliance work.
Quite frequently, Doug counsels clients on corporate governance matters, as well as Sarbanes-Oxley Act and listing standards issues.
Doug also handles equity and debt private placements, including the necessary securities law compliance, and has significant experience negotiating and consummating venture capital financings. With an active private equity practice, Doug has represented numerous private equity, venture capital and mezzanine financing sources in making their purchases, sales, loans or investments, dealing regularly with issues of valuation, governance, management and exit strategies.
Having served as corporate secretary of Invacare Corporation (NYSE), Doug also is on the board of directors, or serves as secretary of, several privately held corporations, family trusts and foundations in the Greater Cleveland area.
A frequent lecturer at corporate and securities law seminars, Doug is also a member of the American, Ohio State and Cleveland Metropolitan Bar Associations, having served on the Corporate and Securities Law Sections. In addition, for many years, Doug has served as the Ohio Co-Chair of the KPMG Audit Committee Institute, focusing on topical matters of interest to public company directors and officers.
For the last seven years, Doug has been recognized as a "Leading Lawyer in Ohio" in Corporate/M&A by Chambers USA. Chambers noted that Doug "combines his position as the firm's chairman with an active corporate practice, where he advises a range of private and publicly held businesses on M&A, financing matters and wider advisory issues. One client says, 'He is very insightful, smart and personable and has become a trusted adviser to me.'"
In 2018, Chambers USA researchers reported that Doug is regarded as an "excellent negotiator and strategist by clients, who commend his very pragmatic counsel and his superlative client service. He has a wide-ranging transactional and governance practice, earning particular praise for his abilities in securities work and is reported as outstanding in compliance work."
He also has been selected for inclusion in The Best Lawyers in America© (2010-2021) in the areas of Corporate Compliance Law, Corporate Governance Law, Corporate Law, Mergers and Acquisitions Law and Securities/Capital Markets Law in Cleveland. He was recognized as the Best Lawyers Corporate Law "Lawyer of the Year" in Cleveland (2019 and 2020) and previously received back-to-back designations as Corporate Governance “Lawyer of the Year” in Cleveland (2014 and 2015). Doug has been selected without interruption to the Ohio Super Lawyers list from 2007-2021.
He is AV rated by Martindale-Hubbell.
For more than a decade, Calfee's Corporate and Finance group has been ranked by Chambers USA as one of the top Corporate/M&A practices in Ohio. In 2018, Chambers USA researchers praised Calfee's Corporate and Finance group for “its high level of knowledge and sophistication; an impressive team with a strong track record across a broad range of corporate and transactional matters." In prior Chambers USA guides, researchers have published the following about the group: “Very efficient, practical and business-oriented in their approach. We would not have the success we have had without them being side by side.” Chambers noted that clients have characterized Doug as "one of the leading practitioners in Cleveland; he is very thoughtful and a good sounding board, so you can discuss a variety of corporate issues with him and gain a better insight and appreciation of the issues by the end."
Doug currently is Chairman of the Board of the Greater Cleveland Sports Commission, the non-profit coordinating entity that helped Cleveland to become host to the MLB All-Star Game (2019), the NFL Draft (2021), the NBA All-Star Game (2022) and the Women’s Final Four (2024). He also serves on the Executive Committee and previously was Chairman of the Governance/Nominating Committee for many years. He also has been a multi-year Team Captain for the United Way Campaigns, and was a long-time board and executive committee member of United Cerebral Palsy.
Doug joined Calfee in 1985, becoming a Partner in 1993. He has served as a member of the firm’s Executive Committee since 2002 and as a member of the Management Committee since 2009. Doug was elected as Vice Chairman of the firm in 2017 and as Chairman in 2019.