Philip R. Rudd’s clients appreciate his people-focused approach to practicing law and his skill in achieving resolution of their complex financial disputes.

Education

  • J.D., cum laude, James E. Rogers College of Law, University of Arizona, 1991: Dean’s List; University of Arizona Law Review; Honorable Mention, Best Moot Court Brief
  • B.A., University of Arizona, 1988

Bar & Court Admissions

  • Arizona, 1991
  • U.S. District Court, District of Arizona, 1991
  • U.S. Court of Appeals, Ninth Circuit, 1997

Honors & Awards

  • The Best Lawyers in America®: Bankruptcy and Creditor Debtor Rights, 2019-present; Bankruptcy Litigation, 2021-present; Banking and Finance Litigation, 2022
  • “Top People to Know in Commercial Real Estate,” AZRE Magazine, 2011

Professional & Industry Memberships

  • American Bankruptcy Institute
  • State Bar of Arizona: Bankruptcy Section
  • Maricopa County Bar Association: Bankruptcy Section (Chairman, 2000-2001; Secretary/Treasurer, 1999-2000; Executive Board Member, 1996-2001)
  • Turnaround Management Association: Board of Directors, 2004-2006

Appelate Briefs

  • State of Arizona v. Jones, 245 Ariz. 46 (App. 2018) (amici curiae)

Representative Cases & Matters

  • Through the use of the Chapter 11 reorganization process, negotiated a significant discounted cash payoff of a $31 million senior living facility debt through the sale of assets, which also resulted in a full release of all guarantees.
  • Confirmed a contested Chapter 11 cram-down plan of reorganization for an office building, which significantly reduced the secured creditor’s $21 million claim and allowed the debtor’s interest holders to retain their interests in the reorganized debtor.
  • Through the Chapter 11 reorganization process for a storage facility, negotiated a significant discounted cash payoff of a $7.5 million secured claim, which allowed the interest holders to retain their interests in the debtor.
  • Following heavily contested valuation and plan confirmation proceedings, negotiated a consensual plan of reorganization with the secured lender regarding its $21 million claim in a retail and office center in Las Vegas, which allowed the interest holders to retain their interests in the reorganized debtor and provided for a release of guarantees.