Clifton R. Jessup, Jr. concentrates his practice in creditors' rights, business reorganization and bankruptcy.
He has represented secured creditors, unsecured creditors, committees, equity holders, debtors, and trustees in federal bankruptcy cases in over 37 states and Puerto Rico. He has helped businesses and businessmen resolve complex problems involving insolvency and restructuring for over 30 years.
Clifton has represented lenders, lessors and lessees with interests in many types of property. He has also been retained to represent lenders, lessors and lessees in many cases where the risk of bankruptcy was present. He has represented purchasers of assets in bankruptcy cases, and has confirmed Chapter 11 plans for debtors and creditors in five states.
In 2001, he was selected as the Liquidating Trustee under the confirmed Chapter 11 Plan in the Baptist Foundation of Arizona, the largest not-for-profit bankruptcy cases filed to date. The cases involve 11,000 investors and claims in excess of $600 million. He has served also as Estate Representative under confirmed Chapter 11 Plans, and served as examiner in Chapter 11 cases. In 2009, he represented the Opus West Corporation in a Chapter 11 case involving over 50 commercial real estate properties in Arizona, California and Texas with claims in excess of $1.2 billion.
Areas of Concentration
· Bankruptcy law
· Business law
· Creditors' rights
· Corporate reorganization
Professional & Community Involvement
· Served on the North Texas Regional Mental Health Board
· Currently serves on the Board of Trustees of Oakwood University, Huntsville, Alabama
· Member, Texas State Bar
· Member, American Bar Association
Awards & Recognition
· Fellow, American College of Bankruptcy
· Listed, Best Lawyers in America, 1999-2012
· Listed, Texas' Best Lawyers, 2009 and 2010
· Listed, Chambers & Partners USA Guide, an annual listing of the leading business lawyers and law firms in the world, 2006-2011
· Listed, Legal 500 US, 2009 edition
· Selected by Super Lawyers magazine and Texas Super Lawyers magazine, 2003-2011
- Corporate Counsel Edition, Bankruptcy & Creditor/Debtor Rights, 2009-2010
· Recognized, one of America's Top Black Lawyers in Black Enterprise Magazine, November 2003
· Master in the John C. Ford American Inns of Court
· Rated, AV® Preeminent™ 5.0 out of 5
Articles, Publications, & Lectures
Lectures
· Speaker, National Conference of Bankruptcy Judges
· Speaker, Northern District of Texas Bankruptcy Conference
· Speaker, Annual Midwestern Bankruptcy Institute
· Speaker, State Bar of Texas Advanced Business Bankruptcy Seminar
· Speaker, Central California Bankruptcy Association Institute
· Speaker, Southwestern Bankruptcy Conference of the American Bankruptcy Institute
· Speaker, Alabama Bar Bankruptcy Conference
· Speaker, Louisiana State Bar Bankruptcy Conference
· Speaker, Oklahoma State Bar Bankruptcy Conference
· Speaker, Arizona State Bankruptcy Conference
· Speaker, University of Texas Annual Bankruptcy Conference
· Speaker, National Bar Association
· Speaker, 1988 National Conference of Bankruptcy Judges in San Diego
· Speaker, 2006 National Conference of Bankruptcy Judges in San Francisco