JESSE S. VOGTLE, JR. presently serves on the Firm's Executive, Compensation, and Recruiting Committees, and is Chairman of its Creditors Rights and Bankruptcy practice group. He specializes in creditors rights, bankruptcy and commercial litigation, real estate and loan workouts, and loan sales. 2012 work includes helping Banks prosecute loss/share loans purchased from the FDIC and loan sales through brokers and one-off transactions. In 2011, the practice group sold loans for banks in excess of one billion dollars ($1,000,000,000). Jesse's practice is devoted primarily to helping banks and all forms of secured and unsecured creditors navigate the bankruptcy process nationwide. Jesse specializes in complex bankruptcy litigation related to chapters 7, 9, and 11, including fraudulent conveyance, preference, asset sale, loan modification, landlord/tenant, real estate mortgage and lien priority disputes, deepening insolvency theories, lender liability defense, intercreditor disputes between participants and syndicated lenders, and collateral liquidation. Jesse is a member of the firm's Credit Crisis Group, a special team of lawyers working on challenges created by the current disruptions in the credit and other capital markets.
Last year, Jesse served as Immediate Past Chairman of the Executive Board, Bankruptcy and Creditors Rights Section of the Alabama Bar Association, and served as Master of Ceremonies at Alabama's 2011 bankruptcy seminar "Bankruptcy at the Beach". He is Past Chairman of the Task Force to Evaluate Alabama State Bar Section Financial Management. He served as Chairman, Bankruptcy and Commercial Law Section of the Birmingham Bar Association, and is a past member of the Executive Committee, Birmingham Bar Association. Jesse served as the Firm's hiring partner from 1998-2002, and was elected to the Management Council for a two-year term (2001-2003) "Under 10 Position". From 2009-2011, Jesse spearheaded Balch & Bingham's United Way campaign (2009-2011). He served on the Firm's Practice Development Committee with responsibilities for the Birmingham market.
Outside of his work at Balch & Bingham, LLP, Jesse's other interests include:
· Re-Elected August 24, 2010 President Pro-Tempore, City Council, City of Mountain Brook (2006 - Present) (Finance and Library Committees)
· Leadership Birmingham Class of 2011
· Leadership Alabama, Class XXIII - 2012-2013
· Director, BBVA Compass Bank Advisory Board - Birmingham
· Director, Alabama Wildlife Federation
· Vice Chairman of the Board and Executive Committee, Birmingham Zoo, Inc. (Chairman, Master Planning and Government Relations Subcommittees)
· Director and Executive Committee, Public Affairs Research Council of Alabama (PARCA)
· 2011 Community and Regional Stewardship Advisory Group, Birmingham Business Alliance
· 2011 Revenue Committee, March of Dimes
· Director and Past President, Beaux Arts Krewe, (an organization benefiting the Birmingham Museum of Art)
· Trustee and General Counsel, UA Greek Relief Fund, LLC (raising and distributing funds to tornado victims at the University of Alabama, Tuscaloosa, Alabama)
· Past Director, Alabama Greater Council, Boy Scouts of America (as part of his duties for the Scouts, he served as 1999-2004 chairman of the Alabama Sporting Clays Classic which benefits Alabama's urban youth)
· Past Director, Exceptional Foundation
· Past Director, Young Executive Board (YEB), Compass Bank
· Past Director, Partnership Assistance to the Homeless (PATH)
· Past Director, Mountain Brook Sports Corporation
· Past Director, Delta Kappa Epsilon House Corporation, University of Alabama
· Past Chairman Junior Board, The Downtown Club
Memberships:
· Kiwanis
· Monday Morning Quarterback Club
· The Country Club of Birmingham
· Newcomen Society of Alabama
· Sons of the Revolution in the State of Alabama
Jesse and his wife, Laura, were married in 1992. They have five children.
Representative Experience
· Jesse has 24 years experience providing Banks and creditors advice regarding business bankruptcies, commercial and real estate loan workouts and collateral preservation and liquidation. Jesse's work in the last several years includes:
· Loan sales from Banks appreciating one billion dollars ($1,000,000,000) in loan value
· Advising Banks on asset purchases from FDIC
· Prosecution of Loss/share workout portfolios for Banks acquiring loans from the FDIC under government guaranty programs
· Real estate loan workouts in Alabama, Florida, Mississippi, and Louisiana requiring completion of vertical construction to preserve collateral value.
· Represent lender as participant in $500,000,000 unsecured credit line concerning Nevada real estate adversely impacted by subprime mortgage meltdown.
· Represent lender in multi lender workout involving beach real estate, formation of collateral pool to fund interest reserves for all lenders.
· Represent venture fund in foreclosure and subsequent sale of condominiums, houses, retail, and commercial spaces.
· Defend lender against counter claims alleging fraud, misrepresentation, and forgery related to interest rate swap agreements.
· Defend lender in bankruptcy action seeking to reverse monies pleged to letters of credit.
· In re: The Capri Condominiums Limited Partnership ( US Bankruptcy Court, Middle District of Florida, case no. 8:08-bk-01553 ), representing lead bank in successful transfer of chapter 11 case from Tampa, FL to Birmingham, AL, involving $27,000,000 participated credit secured by single asset condominium development located in Alabama
· Representing lender in $22 million real estate mortgage workout, on condominium development in Destin, Florida
· In re: Citation Corp (AL), -- represented air plane engine manufacturer in bankruptcy proceeding seeking res judicata ruling from bankruptcy court impacting related litigation in PA, FL, OH, and AL based on non-final jury verdict rendered in TX trial court for $90,000,000
· Representing lender in loan modification for defaulted construction loans with possible fraudulent conveyance issues, in Gulf Shores, Alabama
Professional Activities
· Listed in The Best Lawyers in America
· Listed in Super Lawyers
· Listed in Chambers USA, America's Leading Lawyers for Business, Bankruptcy/Restructuring
· Named a "Top Attorney" in Birmingham Magazine, 2012
· Martindale Hubbell, AV rating
· American Bar Association
· Alabama State Bar, Past Chairman, Bankruptcy and Commercial Law Section; Past Chairman, Ad Hoc Committee to Develop Rules for E-mail communications by the Alabama State Bar; Past Chairman, Task Force to Evaluate Alabama State Bar Section Financial Management
· Past Executive Committee, Birmingham Bar Association
· Past Chairman, Bankruptcy & Commercial Law Section, Birmingham Bar Association
· American Bankruptcy Institute
· Alabama Defense Lawyers Association
News
May 10, 2011, Balch & Bingham Ranks Among the Top in Alabama Super Lawyers 2011
March 08, 2007, Commercial Finance Association Reception
Publications
"What Bankruptcy Reform Means to You". Birmingham Business Journal
Jesse S. Vogtle, Jr. (author)
Speaking Engagements
June 2011, Master of Ceremonies, Bankruptcy at the Beach
May 2010, Presenter, Bankruptcy at the Beach
December 12, 2008, Overview of Condominium Law, ABICLE Seminar