Jennings Strouss Business Restructuring & Reorganization attorneys pride themselves on their creativity, coupled with a pragmatic approach to the resolution of bankruptcy and creditor-debtor problems. In fact, Jennings Strouss ranked #1 in Phoenix, Arizona in the field of Bankruptcy and Creditor-Debtor Rights Law by The Best Lawyers in America®, 2010.
The expertise of Jennings Strouss encompasses a full range of representation in every aspect of commercial restructuring and reorganization. The core section of attorneys brings together years of experience in debtor/creditor matters. Combined with the depth of the firm's corporate lawyers, securities & real estate attorneys, intellectual property lawyers and health care practices, Jennings Strouss has the ability to service the need of virtually any client in any type of financially-distressed situation from either the debtor or creditor perspective.
Focusing upon the interests to be advanced or protected, the Business Restructuring and Reorganization Group attorneys identify issues, marshal facts, and research and apply the law strategically in support of the positions advocated by our clients. They seek to identify and maximize the strengths of our client's position and the weaknesses of the adversary's position; and to determine a strategy for effectively presenting those positions to the court and to the opposing counsel and party. Typically, their primary goal is to create the best possible climate for a successful negotiation, or, secondarily, for litigation if a settlement cannot be achieved.
When appropriate, our Business Restructuring and Reorganization Group attorneys interface with and utilize members of other firm practice groups to assemble a team which has the experience and skills requisite to the particular matter. For example, the firm's creditors' rights attorneys may become involved in actions involving the collection of secured and unsecured debt. Uniform Commercial Code and tax counsel may be consulted and, in cases which are litigation intensive and where the economics justify, our Commercial Litigation Department may assist in preparation and trial of particular proceedings.
The attorneys stay abreast of current and cutting-edge developments in bankruptcy law and practice through membership in the American Bankruptcy Institute, periodicals, attendance and participation in bankruptcy seminars, and, in individual cases, by such diverse activities as participation in the State Bar of Arizona's standing committees for review and recommendation of local bankruptcy rules, bankruptcy certification by the State Bar of Arizona, business bankruptcy certification by the American Board of Certification, and attendance at the National Conference of Bankruptcy Judges, American Bankruptcy Institute conferences, and other national meetings of bankruptcy judges and practitioners.
