Tag Archives: litigation

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Four RDP attorneys honored as Best Lawyers

Roshka DeWulf & Patten, a Phoenix-based business law firm representing clients in litigation and regulatory issues, said four attorneys have been honored as 2015 Best Lawyers®.

The Best Lawyers in America is the longest-running peer-review publication in the legal profession, now in its 20th edition. Attorneys who are recognized as Best Lawyers® are confidentially evaluated by their peers. Attorneys from Roshka DeWulf & Patten who received the 2015 honor are:

· Michael Patten – communications law, energy law, and administrative/regulatory law. In addition, Patten has been honored as Best Lawyers’ 2015 Phoenix Energy Law “Lawyer of the Year.”
· Paul Roshka, Jr. – commercial litigation, litigation – regulatory enforcement (SEC, telecom, energy), and litigation – securities.
· John DeWulf – bet-the-company litigation, commercial litigation, and litigation – securities.
· J. Matthew Derstine – bankruptcy and creditor debtor rights/insolvency and reorganization law, and litigation – bankruptcy.

“We’re very honored to receive this recognition, as it’s a testament to our entire team’s breadth of knowledge and experience,” said Roshka. “We are extremely committed to our clients and hold ourselves to very high professional and ethical standards.”

To learn more about Roshka DeWulf & Patten attorneys and practice areas, visit www.rdp-law.com.

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Lynch Joins Polsinelli’s National Litigation Practice

National law firm Polsinelli added attorney Eric E. Lynch to the firm as shareholder bolstering the firm’s litigation capabilities in Phoenix and nationally. Lynch has more than 20 years of extensive experience as a litigator, trusted advisor and trial attorney in a wide variety of industries. His move to Polsinelli is rooted in a desire to be able to provide his clients with access to strategic thinking and legal guidance from coast to
coast.

“Polsinelli has a national reach and a rich trial history that I found attractive,” said Lynch. “The attorneys are focused on understanding their clients’ business and committed to addressing their clients’ business objectives.”

Lynch’s practice is focused on addressing sophisticated and complex commercial litigation
matters including business torts, breach of fiduciary duties, breach of contract, breach of partnership, fraud and civil RICO matters. Licensed in four states, Lynch has represented clients in the construction, mining, real estate, banking and finance, insurance, utilities, technology and manufacturing industries.

law

Arizona attorneys open new Phoenix firm

A new law firm, Bergin, Frakes, Smalley & Oberholtzer (BFSO), recently opened its offices in the heart of Phoenix’s Camelback Corridor, with a focus on real estate, litigation and government relations services.

Although the law firm itself is new, BFSO’s partners are longtime Arizona lawyers and colleagues who have handled cases for a wide spectrum of development, business, financial and government clients in their respective careers.

“We decided to open our own firm to put our 50-plus years of experience in real estate and development, commercial transactions, and civil litigation to work for our clients,” said BFSO partner Carolyn Oberholtzer. “We are dedicated to providing trusted, reliable counsel to help our clients accomplish their goals and protect their interests.”

Focusing on civil and commercial litigation, both Brian Bergin and Kenneth Frakes are native Arizonans with long tenures as litigators and a wide range of experience spanning several decades. With a legal master’s degree in taxation, Michael Smalley concentrates on tax planning, corporate structure and governance, real estate and banking, as well as handling all transactional and finance matters for BFSO’s clients. Oberholtzer is a land use and municipal relations attorney who has been handling zoning, entitlement and municipal cases across Arizona for the last decade – from master-planned community and large-scale retail zoning cases, to annexations, special use permits and variances, and development agreements.

For more information about Bergin, Frakes, Smalley & Oberholtzer, located at 4455 East Camelback Road, Suite A-205, Phoenix, Arizona 85018, contact the law firm at (602) 888-7855, email them at info@bfsolaw.com, or view their website at www.bfsolaw.com.

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17 Fennemore Craig Attorneys Recognized for Excellence

Fennemore Craig, one of the largest law firms in the Southwest, announces 17 of its attorneys were named to the prominent Chambers USA 2013: America’s Leading Lawyers for Business for 2013.

“The firm’s reputation has been built on our attorney’s continued commitment to excellence,” states Tim Berg, managing partner of Fennemore Craig. “We are honored to be recognized by the prestigious Chambers USA, an esteemed legal resource.”

Chambers USA is an annual ranking of law firms and attorneys comprising multiple practice areas. Fennemore Craig was also was recognized in band one, the highest ranking possible, for both Environment (including water rights) and Real Estate practice areas.

Fennemore Craig attorneys recognized by Chambers USA include:

Robert Anderson, Environment: Water Rights, Arizona
Lauren James Caster, Environment (including water rights), Arizona
Phillip F. Fargotstein, Environment (including water rights), Arizona
Andrew M. Federhar, Litigation: General Commercial, Arizona
Maggie Gallogly, Environment: Water Rights, Arizona
Donald R. Gilbert, Labor & Employment, Arizona
Gregg Hanks, Real Estate, Arizona
Norman D. James, Environment (including water rights), Arizona
Charles M. King, Real Estate, Arizona
Jay S. Kramer, Real Estate, Arizona
Erwin D. Kratz, Labor & Employment, Arizona
Douglas C. Northup, Litigation: General Commercial, Arizona
Michael Phalen, Real Estate: Zoning/Land Use, Arizona
Robert P. Robinson, Real Estate, Arizona
Ronald J. Stolkin, Labor & Employment, Arizona
Sarah A. Strunk, Corporate/M&A, Arizona
Susan M. Wissink, Corporate/M&A, Arizona

97995886

Polsinelli Receives Top Rankings in Chambers USA

Chambers USA, the world’s leading guide to the legal profession, released its 2013 rankings for lawyers and practice groups. Polsinelli received high rankings for 53 attorneys and nine practice areas in four states. The Phoenix office of Polsinelli received high rankings for eight attorneys and three practice areas.

Chambers rankings are based on submissions put forward by law firms, client and industry interviews during the course of research and Chambers’ own database resources. Law firms and individual lawyers are ranked in bands from 1-6, with 1 being the best.

“Thank you to our clients who provided Chambers with valuable insight into our strategic partnerships,” said Chairman Russ Welsh. “It’s a strong reflection of our dedication to understanding the challenges our clients face as general counsel and business leaders. We are proud to have this acknowledgement of so many of our lawyers in Phoenix and across the country.”

New in 2013
Six Polsinelli attorneys improved band rankings, including two new Band 1 rankings for Arizona attorneys Lucas J. Narducci in Environmental (including water rights) and Edward F. Novak in Litigation: White-Collar Crime & Government Investigations.

The Phoenix office 2013 Chambers rankings include:

Polsinelli Practice Area Rankings – Phoenix office
Ranked 1 in Environmental (including water rights) – Arizona
Ranked 4 in Corporate M&A – Arizona
Ranked 4 in Litigation: General Commercial – Arizona
Individual Attorney Rankings – Phoenix office
Ranked 1 for Lucas J. Narducci in Environment (including water rights) – Arizona
Ranked 1 for Edward F. Novak in Litigation: White-Collar Crime & Government Investigations – Arizona
Ranked 3 for Barton D. Day in Environment (including water rights) – Arizona
Ranked 3 for Marty Harper in Litigation: General Commercial (Arizona) – Arizona
Ranked 4 for Phillip P. Guttilla in Corporate/M&A – Arizona
Ranked 4 for Thomas Irvine in Real Estate (Arizona) – Arizona
Ranked 4 for Brian K. Moll in Corporate/M&A (Arizona) – Arizona
Ranked U (Associates to Watch) for Margaret B. LaBianca in Environmental (including water rights) – Arizona

legal

Ryley Carlock Attorneys Selected by Chambers USA

Ryley Carlock & Applewhite had six attorneys from its Phoenix office selected as Leading Lawyers for Business in Arizona by Chambers & Partners.

“We are tremendously grateful to our clients who provided Chambers with the valuable insight into the work we provide for them,” said Managing Shareholder, Rodolfo Parga. “Chambers USA is a highly rigorous process and is a strong reflection of our commitment to understanding the challenges our clients face as business leaders. We are very honored to have received this acknowledgment for our lawyers.”

Chambers USA, the world’s leading guide to the legal profession, released its 2013 rankings for lawyers and practice groups. Chambers rankings are based on submissions put forward by law firms, interviews during the course of research and Chambers’ own database resources. Law firms and individual lawyers are ranked in bands from 1-6, with 1 being the highest ranking.

Ryley Carlock attorneys selected are:

Fredric D. Bellamy, Arizona, Litigation
James E. Brophy, Arizona Corporate and M&A
Michael D. Moberly, Arizona, Employment Law
Nathan R. Niemuth, Arizona, Labor and Employment Law
Michael Ripp, Arizona, Real Estate and Lending
Sheryl A. Sweeney, Arizona, Environmental, Water Rights

Chambers & Partners have been publishers since 1969. They are located in London, England, and publish United Kingdom, USA, and Global guides to the legal profession. Additional information regarding Chambers & Partners, its guides, and the selection process they use to determine the leading lawyers in the United Kingdom, the USA, and the World is available at http://www.chambersandpartners.com/.

Shawdy Banihashemi

Jaburg & Wilk adds Insurance Defense Attorney

The law firm of Jaburg & Wilk, P.C announced that Shawdy Banihashemi joined the firm as an Associate to assist with Insurance Defense matters and Litigation.

Shawdy developed her insurance defense skills handling pre-trial litigation for complex construction defect and general liability defense cases analyzing records, taking depositions, participating in mediations and arbitrations and negotiating settlements.

“I am delighted Shawdy joined the firm to expand the Insurance Defense practice area, said Insurance Defense attorney Jennifer Erickson. Her diverse experience and vast knowledge will be a valuable asset to the team.”

Shawdy received her J.D. from the University of Baltimore School of Law in 2006 and passed the Arizona State Bar exam in 2007.

Jaburg Wilk is an AV rated Phoenix law firm, the highest level of professionalism according to the Martindale-Hubbell.

Shawdy Banihashemi

Jaburg & Wilk adds Insurance Defense Attorney

The law firm of Jaburg & Wilk, P.C announced that Shawdy Banihashemi joined the firm as an Associate to assist with Insurance Defense matters and Litigation.

Shawdy developed her insurance defense skills handling pre-trial litigation for complex construction defect and general liability defense cases analyzing records, taking depositions, participating in mediations and arbitrations and negotiating settlements.

“I am delighted Shawdy joined the firm to expand the Insurance Defense practice area, said Insurance Defense attorney Jennifer Erickson. Her diverse experience and vast knowledge will be a valuable asset to the team.”

Shawdy received her J.D. from the University of Baltimore School of Law in 2006 and passed the Arizona State Bar exam in 2007.

Jaburg Wilk is an AV rated Phoenix law firm, the highest level of professionalism according to the Martindale-Hubbell.

legal

DeWulf Honored for Pro Bono Work

Roshka DeWulf & Patten, a Phoenix-based business law firm specializing in litigation and regulatory issues, announced that Member John DeWulf has been honored by the Arizona Foundation for Legal Services as a 2013 Top Pro Bono Attorney in Arizona.

DeWulf, a business litigator with more than 30 years experience, has been working with the Juvenile Court of Maricopa County on a pro bono basis to obtain guardianships to protect local children.

DeWulf’s assistant, Verna Colwell, also contributed a significant amount of time and effort to these undertakings, helping to ensure children have a safe and secure home life.

“This recognition is a great honor for our entire team,” said DeWulf. “All of our attorneys have a strong commitment to bettering the community, especially when it comes to the welfare of children.”

The Foundation instituted this award in 2001 to recognize attorneys who have tirelessly given their time and expertise to assist Arizonans who would otherwise not have any legal resources.

To learn more about Roshka DeWulf & Patten, visit www.rdp-law.com.

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Greenberg Traurig among ‘Best Corporate Law Firms’

The international law firm Greenberg Traurig, LLP, with more than 50 Arizona-based attorneys, has been named one of America’s Best Corporate Law Firms by Corporate Board Member, an NYSE Euronext company, and global business advisory firm FTI Consulting, Inc. in their annual survey of directors and general counsel of publicly-traded companies. The award was presented Tuesday as part of Corporate Board Member’s 6th Annual Legal Recognition Dinner in New York.

“We are very grateful for this honor,” said John Cummerford, a co-managing shareholder in Greenberg Traurig’s Phoenix office. “This is especially noteworthy since this recognition comes from our peers in the industry – general counsel of public companies – and reflects the respect our firm has earned worldwide.”

Each year, Corporate Board Member and FTI Consulting team up to conduct research to reveal those law firms that directors and general counsels believe to be the most respected legal counsel nationwide. This year, Greenberg Traurig is included on the 2013 Top 25 National Law Firm General Counsel’s Rankings list.

Greenberg Traurig attorneys represent both public and privately-held clients in a wide range of industries and in transactions including mergers and acquisitions, private equity transactions, public and private offerings of securities, as well as litigation, real estate, intellectual property, tax and other matters.

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Greenberg Traurig among 'Best Corporate Law Firms’

The international law firm Greenberg Traurig, LLP, with more than 50 Arizona-based attorneys, has been named one of America’s Best Corporate Law Firms by Corporate Board Member, an NYSE Euronext company, and global business advisory firm FTI Consulting, Inc. in their annual survey of directors and general counsel of publicly-traded companies. The award was presented Tuesday as part of Corporate Board Member’s 6th Annual Legal Recognition Dinner in New York.

“We are very grateful for this honor,” said John Cummerford, a co-managing shareholder in Greenberg Traurig’s Phoenix office. “This is especially noteworthy since this recognition comes from our peers in the industry – general counsel of public companies – and reflects the respect our firm has earned worldwide.”

Each year, Corporate Board Member and FTI Consulting team up to conduct research to reveal those law firms that directors and general counsels believe to be the most respected legal counsel nationwide. This year, Greenberg Traurig is included on the 2013 Top 25 National Law Firm General Counsel’s Rankings list.

Greenberg Traurig attorneys represent both public and privately-held clients in a wide range of industries and in transactions including mergers and acquisitions, private equity transactions, public and private offerings of securities, as well as litigation, real estate, intellectual property, tax and other matters.

Kort joins Brownstein Hyatt Farber Schreck

Brownstein Hyatt Farber Schreck announced that Rob Kort has joined its litigation team as a shareholder in its Phoenix office. Kort’s practice will focus on handling litigation matters for the firm’s commercial litigation and health care groups.

Bringing nearly two decades of experience handling litigation matters, Kort has successfully litigated numerous complex cases for plaintiffs and defendants in state and federal courts, administrative proceedings and alternative dispute resolution forums, achieving several noteworthy victories. In 2009, Kort chaired a lengthy federal court jury trial and obtained a $56.8 million verdict for his client, the largest verdict in any Arizona state or federal court in 2009 and one of the largest verdicts in Arizona history.

Kort has litigated and arbitrated cases involving a wide variety of claims, representing large corporations, small businesses and individuals across a multitude of industries, including banking and financial services, health care services, franchise and retail operations, consumer goods distribution, commercial real estate, pharmaceutical development, and computer hardware, software and integration. Kort was recently selected for inclusion in the 2013 Southwest Super Lawyers® publication for business litigation.

Kort is a member of the State Bar of Arizona and the Maricopa County Bar Association. He earned his law degree from Arizona State University and his undergrad from the University of Arizona. Kort currently serves on the Board of Directors of the Arizona Humane Society.

Pamela Overton Risoleo

31 Phoenix Greenberg Traurig attorneys earn honors

The international law firm Greenberg Traurig, LLP with 50 Arizona-based attorneys, has 22 attorneys on the 2013 Southwest Super Lawyers list, an independent rating service of outstanding lawyers from more than 70 practice areas. In addition, the publication also named nine Greenberg Traurig attorneys as Southwest Rising Stars.

“We are extremely proud of this independent recognition by Super Lawyers,” said John E. Cummerford, a co-managing shareholder in Greenberg Traurig’s Phoenix office. “The professionals included on this list are exceptional and truly deserving of this honor. I’m proud of the strength and local roots of our Phoenix office which is supported by our firm’s national resources and global reach.”

Super Lawyers, a Thomson Reuters organization, is a research-driven, peer-influenced rating service of lawyers who have attained a high degree of peer recognition and professional achievement. The mission of Super Lawyers is to bring visibility to those attorneys who exhibit excellence in practice.

Six Greenberg Traurig attorneys were also recognized on the “Top 50 Southwest Super Lawyers” list. They are: Brian H. Blaney, Rebecca L. Burnham, Robert S. Kant, Jeffrey H. Verbin, E. Jeffrey Walsh and Quinn P. Williams.

Three Greenberg Traurig attorneys were included in the Super Lawyers “Top 25 Arizona Women” list. They are: Rebecca Lynne Burnham, Stacey F. Gottlieb and Pamela Overton Risoleo.

More than 60 percent of the attorneys in Greenberg Traurig’s Phoenix office are included in the 2013 ranking. The attorneys named Southwest Super Lawyers include: Gil Rudolph, Jeffrey H. Verbin (Banking), David D. Cleary (Bankruptcy), Brian H. Blaney, Robert S. Kant, Bruce E. Macdonough, Quinn Williams (Corporate/Securities), Michelle De Blasi (Environmental), John E. Cummerford, Jerry Fellows, Frank G. Long (Intellectual Property), Laurent R. G. Badoux (Labor and Employment), Nicole M. Goodwin, Stacey F. Gottlieb, Pamela Overton Risoleo, Brian J. Schulman, Peter W. Sorensen, E. Jeffrey Walsh (Litigation), Rebecca Lynne Burnham, Kevin J. Morris, David M. Paltzik and Lesa J. Storey (Real Estate). Southwest Rising Stars include: Greenberg Traurig attorneys Michael L. Aguirre, Logan V. Miller, Katherine A. Swenson and Jeremy D. Zangara (Corporate/Securities), Kimberly A. Warshawsky (Intellectual Property), Dana L. Hooper, Nathan T. Mitchler, Laura Sixkiller and Tracy L. Weiss (Litigation.)

The selection process is multi-phased and includes independent research, peer nominations and peer evaluations. Super Lawyers Magazine features the list and profiles of selected attorneys and is distributed to attorneys in the state or region and the ABA-accredited law school libraries. Super Lawyers is also published as a special section in leading city and regional magazines across the country. In the United States, Super Lawyers Magazine is published in all 50 states and Washington, D.C., reaching more than 13 million readers.

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Wanslee Elected to Gust Rosenfeld Executive Committee

Gust Rosenfeld announced that Madeleine C. Wanslee has been elected to its Executive Committee, the governing body of the firm.

Wanslee is Co-Chair of the firm’s Bankruptcy, Restructuring and Creditors’ Rights Practice Group.  Her practice focuses on creditors’ rights and related state and federal court litigation, including commercial and consumer bankruptcy, loan workouts, foreclosure, deficiency and guarantor actions.  She has handled numerous appeals and has argued a case before the United States Supreme Court.  Wanslee is recognized in the Bankruptcy and Creditor-Debtor Rights Law category of The Best Lawyers in Americaâ and in the Bankruptcy and Creditor-Debtor Rights category of Southwest Super Lawyersâ.  She earned her law degree from Gonzaga University School of Law.

Founded in 1921, Gust Rosenfeld provides legal counsel to individuals, businesses, and governments. Our firm’s attorneys enjoy thriving practices in public law, litigation, finance, real estate, corporate, environmental, employment, creditors’ rights, franchise law, estate planning, and tax. Gust Rosenfeld maintains offices in Phoenix and Tucson.

Corporate and Commercial Photographer for Worldwide Assignments

Roshka DeWulf & Patten strengthens practices

Roshka DeWulf & Patten, a Phoenix-based business law firm specializing in litigation and regulatory issues, is proud to announce the addition of Maura Quigley as an associate in the commercial litigation and securities litigation practice areas.

Quigley, a Phoenix resident, will assist the litigation teams with a wide range of disputes involving contracts, business fraud, securities fraud, securities enforcement and professional malpractice, among other common commercial issues.

Quigley is a founding member of Suns88, a networking and charitable group within Phoenix Suns Charities. She earned a Bachelor of Arts in Business Administration from Gonzaga University, where she graduated magna cum laude, and a Juris Doctorate from the University of Arizona James E. Rogers College of Law. She is a member of the State Bar of Arizona.

To learn more about the commercial and securities litigation practices at Roshka DeWulf & Patten, visit www.rdp-law.com.

Corporate and Commercial Photographer for Worldwide Assignments

Roshka DeWulf & Patten strengthens practices

Roshka DeWulf & Patten, a Phoenix-based business law firm specializing in litigation and regulatory issues, is proud to announce the addition of Maura Quigley as an associate in the commercial litigation and securities litigation practice areas.

Quigley, a Phoenix resident, will assist the litigation teams with a wide range of disputes involving contracts, business fraud, securities fraud, securities enforcement and professional malpractice, among other common commercial issues.

Quigley is a founding member of Suns88, a networking and charitable group within Phoenix Suns Charities. She earned a Bachelor of Arts in Business Administration from Gonzaga University, where she graduated magna cum laude, and a Juris Doctorate from the University of Arizona James E. Rogers College of Law. She is a member of the State Bar of Arizona.

To learn more about the commercial and securities litigation practices at Roshka DeWulf & Patten, visit www.rdp-law.com.

The "B" Word 2008

The “B” Word-Bankruptcy isn’t always a bad thing

The word “bankruptcy” sends chills down the spines of many business owners and executives as they envision certain financial demise.

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But bankruptcy is no longer the frightening phenomenon it once may have been, particularly in the business realm. Chapter 11 bankruptcy has become an extremely useful business tool for a company to reorganize its operations, accomplish a sale of assets, obtain new financing or achieve a capital restructure.

The following are examples of challenges a business often faces:

  • A new business has not quite met revenue expectations.
  • The equity structure is outdated or unworkable.
  • The business owns excess real property it wants to sell or the business wants to acquire additional property.
  • The business has been threatened with litigation.
  • The business wants to refinance, but the lender has expressed concern about financial or other issues.
  • The owners of the business want to merge with another entity.

The most common use of the Chapter 11 bankruptcy process is one designed to restructure the company’s balance sheet. A company that wants to extend or refinance onerous debt, eliminate burdensome contracts or leases, and/or bring in new capital can generally accomplish these goals by a Chapter 11 filing that provides these opportunities and a temporary safe haven.

But Chapter 11 isn’t just for severely financially distressed entities. There are myriad other business reasons for filing a bankruptcy. For example, bankruptcy may be a good alternative for a client who owns some troubled properties and other healthy ones. Structuring a “roll up” and then using the bankruptcy process to propose a long-term solution can provide the necessary and ultimate protection for the distressed properties. Other common business transactions such as sales, mergers and acquisitions may be accomplished in a more beneficial fashion for all parties under the protective umbrella of Chapter 11.

A general knowledge of bankruptcy and the benefits it can provide will arm business owners, management and their advisors with a repertoire of creative solutions to meet business challenges and attain the companies’ ultimate goals.

An overview
The purpose of a Chapter 11 bankruptcy is to reorganize. It may include restructuring debt, altering operations, eliminating equity, selling assets or any combination of these things. The reorganization is accomplished through a document called a “plan of reorganization” in which the debtor describes how it intends to pay creditors or treat equity interests. Creditors and equity interests have the opportunity to vote in favor of or against the plan. The aim is to have the plan confirmed by the bankruptcy court, at which time it becomes a binding contract on all affected parties.

A Chapter 11 proceeding is commenced quite easily by filing a simple two-page “petition” with the bankruptcy court. At the time of the filing, an “estate” is created and all assets owned by the debtor prior to the filing are considered to be property of that estate. The debtor is referred to as the “debtor in possession” (DIP). Filing of the case triggers an immediate imposition of an injunction called an “automatic stay.” The stay prevents creditors from proceeding with any action against the DIP, and entitles the DIP some “breathing room” while assets are marshaled or while a reorganization is being developed.

In many respects, the general operations of a business continue in Chapter 11 as they did prior to the filing. The DIP can continue to buy inventory, produce products and sell merchandise as long as the transactions are in the ordinary course and scope of business. Nevertheless, certain actions such as the payment of pre-petition debt, the use of cash proceeds that may be subject to a lien, and the sale of major assets are prohibited unless the bankruptcy court approves them.

The plan of reorganization sets forth the means for payments to the company’s creditors. The general rule is that all claimants on the same level must be treated equally and must be paid in full before the next level can receive payment. Other provisions include financing arrangements or capital contributions and the composition of the company’s management.

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The final step is plan “confirmation” by the bankruptcy court. In order for the DIP to confirm a plan, it must obtainthe affirmative vote of all the classes of creditors it has proposed. However, the bankruptcy code permits the DIP to confirm a plan even if it doesn’t have all the needed votes, as long as the plan complies with certain specific sections of the code. Once the plan is confirmed, a bindingcontractbetween the debtor and its creditors is created and the debtor emerges from bankruptcy. All previous obligations to and claims by creditors are discharged and are replaced by therepayment orother obligations created by the plan. The “reorganized” debtor can have a fresh start.

Of course, there are many specifics and nuances to each bankruptcy case. For a comprehensive read on bankruptcy, you can download this guide at www.jsslaw.com/publications.aspx.

Carolyn Johnsen is a member of Jennings Strouss & Salmon. She can be reached at 602-262-5906 or cjohnsen@jsslaw.com