Through 30 years of practice, my experience has
taught me to be a problem solver. I advise clients about the financial and legal
issues confronting them, the ways to resolve them and the possible range of
outcomes, and to help them focus on the big issues en route to making informed
Brian Spector is a business and
bankruptcy lawyer and litigator
whose practice focuses on the representation of debtors, creditors and others in bankruptcy, workouts, and collection matters. He also offers clients extensive experience in construction law and real estate matters, receiverships, foreclosures, provisional remedies, lease enforcement, fraudulent transfer actions, and guaranty and deficiency claims.
In the bankruptcy context, Brian has represented creditors,
individual and business debtors, asset purchasers, landlords, and franchisors,
and he has served as a Chapter 11 trustee and lead counsel for numerous
unsecured creditors committees.
Brian's recent results for clients include the following:
Assisted a real estate investor in a multi-creditor workout,
helping the client resolve more than $5 million in debt for less than 17 cents
on the dollar and, as a result, helped the client, who had property interests in
four states, avoid a bankruptcy filing.
Concluded a negotiation on behalf
of a shopping center landlord for a long-term lease (up to 50 years, with
options) with a new anchor grocery store tenant. The tenant, a publicly traded
company, also agreed to lease an adjoining land parcel and a subsequent
amendment calling for a major expansion of the lease premises.
Represented a borrower in connection
with a $10 million secured loan transaction.
Represented a plaintiff in filing
suit against and reaching a multi-million-dollar settlement with a third party in
connection with embezzlement from real estate partnerships.
Brian is an 11-time Super Lawyers selectee (Bankruptcy &
Creditor/Debtor Rights) and is listed in The Best Lawyers in America®. A past chair of the State Bar of
Arizona's Bankruptcy Section, he is an active and highly respected member of the
Phoenix bankruptcy law community.
Brian is a generous contributor of time and energy to the legal
profession and the broader community. He has served as a member of the Volunteer
Lawyers Program of Maricopa County, the U.S. Bankruptcy Court Pro Bono Panel
(2010-2014) and Pro Bono Subcommittee (2012-2014), and as a Maricopa County
Superior Court Judge Pro Tem (2005-2014).
He is also a frequent speaker to legal and business audiences.
His presentations have included:
"Variations on a Chapter 11 Theme" (Panelist), State Bar
"Bankruptcy Law for Corporate Counsel," Maricopa County
"Arizona Collections Practice" (Faculty Member), Arizona
State University College of Law, Arizona Center for Legal Education
"Bankruptcy and Pre-Bankruptcy Planning for Trade
Creditors," Organization of Associated Sales People of the Southwest
"Legal Considerations of a Franchisor in Dealing with an
Economically Troubled Franchise," Arizona Licensor-Franchisor Association
In the community, he is president of his homeowners
association and past president of Temple Emanuel (1998-2000). Away from the office, Brian and his wife enjoy traveling,
hiking, bicycling and an occasional round of golf.
Real Estate Litigation
Honors and Awards
The Best Lawyers in America® (Bankruptcy Law,
Bankruptcy Litigation), 2005-2017
Super Lawyers, 2007-2017
Arizona's Top Business Lawyers, Ranking Arizona,
Martindale-Hubbell® AV Preeminent® Peer
Client Reviews and Peer Endorsements
View Brian Spector's profile at
Avvo.com (10.0 rating)
American Bar Association: Business Law Section
State Bar of Arizona: Bankruptcy Section, Executive
Council Member and Past Chair; Bankruptcy Advisory Committee
Volunteer Lawyers Program
U.S. Bankruptcy Court: Pro Bono Panel, 2010-2014; Pro
Bono Subcommittee, 2012-2014
Judge Pro Tem, Maricopa County Superior Court, 2005-2014
U.S. District Court, District of Arizona, 1985
U.S. Court of Appeals, Ninth Circuit,
J.D., with Distinction, University of Arizona, 1984: Law
Review, Executive Editor
B.A., Economics and Political Science, Stanford
"Eight Things a Debtor Should Never (or Almost
Never) Do," May 2012
"Do Directors and Officers Owe
Fiduciary Duties to Creditors?" April 2012
Personal Guaranty Enforceable?" February 2012
Payment Classifications: Member Distributions vs. Compensation," January 2012
at Risk: Bankruptcy Options for Individual Investors and Other Business People,"
"Recent Changes to Arizona Foreclosure Law
Repealed," September 2009
"An Important Change Affecting
Arizona Foreclosure Law," August 2009
for the Financially Troubled School District," The School Administrator
Magazine, July 15, 2006