Best Law Firms

Phoenix Metro Tier 1 (Commercial Litigation),
Tier 3 (Bankruptcy)

Schneider & Onofry, P.C., Attorneys at Law

Phoenix
602-230-8857

Yuma
928-257-4887

Tucson
520-777-2196

 

 

 

Brian N. Spector

 

Brian N. Spector

PARTNER

AV Preeminent Rating - Martindale-Hubbell

Rated by Super Lawyers 

 

“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 decisions.”

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 of Arizona

  • "Bankruptcy Law for Corporate Counsel," Maricopa County Bar Association

  • "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.

 

 

Direct Line

602-200-1295

Practice Areas

Bankruptcy

Business Law

Commercial Litigation

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, 2012

Martindale-Hubbell® AV Preeminent® Peer Review Ratingtm

Client Reviews and Peer Endorsements

View Brian Spector's profile at Avvo.com (10.0 rating)

Professional Memberships

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

Bar Admissions

Arizona, 1985

U.S. District Court, District of Arizona, 1985

U.S. Court of Appeals, Ninth Circuit, 1985

Education

J.D., with Distinction, University of Arizona, 1984: Law Review, Executive Editor

B.A., Economics and Political Science, Stanford University, 1981

Articles

"Eight Things a Debtor Should Never (or Almost Never) Do," May 2012

"Do Directors and Officers Owe Fiduciary Duties to Creditors?" April 2012

"Is That Personal Guaranty Enforceable?" February 2012

"LLC Payment Classifications: Member Distributions vs. Compensation," January 2012

"Protecting Assets at Risk: Bankruptcy Options for Individual Investors and Other Business People," June 2011

"Recent Changes to Arizona Foreclosure Law Repealed," September 2009

"An Important Change Affecting Arizona Foreclosure Law," August 2009

"Relief for the Financially Troubled School District," The School Administrator Magazine, July 15, 2006