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Wesley D. Ray, Scottsdale-Phoenix Bankruptcy Attorney




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Rated by Super Lawyers 

Wesley D. Ray

Wes Ray devotes his practice to the resolution of complex business and financial problems encountered by clients ranging from sole proprietorships to publicly traded companies.

Wes’s practice includes financial restructuring and business litigation, with specific emphasis in debt restructurings and Chapter 11 bankruptcy proceedings.

The Best Lawyers in America® honoree and 2018 Best Lawyers bankruptcy “Lawyer of the Year” (Scottsdale) has successfully represented real estate developers, banks, loan servicers and ownership groups in workout negotiations, bankruptcy and receivership proceedings and joint venture transactions.

In every representation, Wes strives to offer aggressive and creative counsel intended to realize each client’s objectives while minimizing delay and expense.

Practice Areas

Bankruptcy and Restructuring

Chapter 11 Reorganization

Loan Workouts

Business Law

Honors and Awards

The Best Lawyers in America®: “Lawyer of the Year” (Scottsdale), Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, 2018

The Best Lawyers in America, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2016-2018

Super Lawyers Rising Stars, 2012-2018

AZ Business Magazine Top Lawyers: Up-and-Comer, 2014

Representative Cases

Served as counsel for the debtors in a Chapter 11 case in which plans of reorganization were confirmed for a public corporation and 15 of its affiliates.

Assisted a national restaurant operator with the consensual restructuring of $70 million in indebtedness.

Served as counsel for the primary secured creditor in the Chapter 11 proceedings of five affiliated hotels located in three states.

Negotiated and documented a transaction in which a private equity firm acquired equity positions, in multiple tranches, and subsequently real estate, relating to a luxury residential and golf development in northern Arizona.

Successfully represented a former executive of a failed lending institution in bankruptcy proceedings and related litigation.

Negotiated and effectuated a sale of approximately $29 million in assets pursuant to Section 363 of the bankruptcy code.

Served as counsel for the debtor in the publicized bankruptcy proceedings of a nonprofit organization responsible for the management and maintenance of a notable municipal golf course.

Served as counsel for a real estate developer in a Chapter 11 bankruptcy in which a $13 million reduction in indebtedness was negotiated and effectuated.

Advised a distressed healthcare facility in all aspects of its operations, including management, personnel, and accounting, in order to reestablish financial viability.

Obtained summary judgment in excess of $4 million on a client’s claims for breach of contract and violation of the Prompt Pay Act.

Represented several judgment debtors in multi-million dollar collection actions.

Obtained court approval of a dirt-for-debt Chapter 11 plan over the objection of the secured creditor.

Professional Memberships and Activities

American Bar Association: Young Lawyers Division

State Bar of Arizona: Bankruptcy Section

Maricopa County Bar Association: Bankruptcy Section

Arizona Summit Law School: Former Adjunct Professor

Community Legal Services: Volunteer Lawyers Program

Court and Bar Admissions


U.S. Court of Appeals, Ninth Circuit

U.S. District Court, District of Arizona

U.S. Bankruptcy Court, District of Arizona

Articles and Presentations

“A Bankruptcy Course in Professionalism,” State Bar of Arizona, 2015

“Ethical Considerations for the Bankruptcy Practitioner,” State Bar of Arizona, 2014

“Troubled Debt Restructuring Transactions,” National Business Institute, 2012


J.D., magna cum laude, James E. Rogers College of Law, University of Arizona, 2008: Business Editor, Arizona Journal of International and Comparative Law; The Hon. William D. Browning Award for Excellence in Constitutional Law

International Commercial Law Program, University of Cambridge-England, 2006

B.A., summa cum laude, Information Systems Management, Arizona State University, 2005

Community Activities

Greater Phoenix Chamber of Commerce: Economic Development Committee


Phoenix, Arizona