Neal H. Bookspan
Firm: Jaburg Wilk
Address: 3200 North Central Avenue, Suite 2000
Phoenix, AZ 85012
University: University of Arizona, B.S., Business Administration, 1989, Drake University School of Law, J.D., with honors, 1992
Admitted: 1992, Arizona; 1992, U.S. District Court, District of Arizona
Biography: Neal is an equity partner who has been helping individuals and businesses manage their legal risks for over two decades. Over that time, he has represented a significant number of companies based or doing business in Arizona. Neal's practice includes resolving and litigating all manner of contract-based disputes from debtor/creditor issues to disputes between owners/shareholders to employment, real estate and construction related matters. Neal also negotiates and drafts all manner of contracts and agreements. In every representation his goal is to complete the scope of work required in the most expedient and economical manner possible, with a goal to meet or exceed his clients’ expectations.Case HighlightsSaving a Business, and Jobs, by Workout with Creditors. A retail client faced harsh economic situations with both its vendors and landlords. Neal negotiated with his client's creditors. He was able to help the company streamline its operations, work with the landlords and settle with creditors. The business was restructured and was able to avoid closing or filing bankruptcy.Breaking a Deadlock. When the majority shareholder in a manufacturing company found the board of directors deadlocked with the company's future at stake, Neal stepped in and forced the issue. That resulted in a receiver being appointed, thus saving all outstanding contracts, including a very large deal that was about to be cancelled by a customer.Saving Investors' Hard-Earned Cash. When a local businessman and his companies defrauded investors, Neal obtained a multi-million dollar judgment on the investors' behalf. Then he found a creative way to work with the judgment debtors to come to a settlement.Professional Experience-Former law clerk to Chief Bankruptcy Judge Honorable Robert G. Mooreman-Extensive experience in commercial and bankruptcy litigation-Seasoned in construction litigation, including prosecution and defense of construction defect issues and mechanic's liens, subcontractor contract review, change order issues, payment rights and remediesProfessional and Civic Service-American Bankruptcy Institute, Member-Arizona State Bar Bankruptcy Section, Executive Council-Maricopa County Bar, Member-Turnaround Management Association, Member-Social Venture Partners Fast Pitch Mentor (2014)Noteworthy Press District Court interpreting new Ninth Circuit case law related to what claims a borrower can and cannot assert against a lender who purchased the assets and assumed certain liabilities of a failed bank from the FDIC. District Court ruling that a party who did not comply with a State Court order to post additional bond to keep a preliminary injunction in place in reliance on a legal position is subject to the preliminary injunction being dissolved.