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Business & Financial Restructuring

Responsive, creative, and ready.

Business & Financial Restructuring

Responsive, creative, and ready.

When your company faces financial strain or liquidity challenges, Business and Financial Restructuring in Arizona can provide a lifeline. At Engelman Berger, P.C., we help businesses stabilize operations, negotiate with lenders, and restructure debt to avoid insolvency or liquidation. Our attorneys understand the complex legal and financial dynamics involved in restructuring and are skilled at creating practical, results-driven solutions for Arizona businesses.

Experienced Arizona Restructuring Attorneys

Our lawyers have decades of experience assisting clients with business and financial restructuring in Arizona, guiding them through negotiations, loan workouts, and strategic planning. Whether your goal is to modify existing obligations or explore new financing sources, we bring the expertise and relationships needed to reach favorable results.

We regularly assist clients in:

  • Negotiating out-of-court restructurings and forbearance agreements
  • Modifying or extending loan terms to provide breathing room
  • Evaluating lender proposals and preparing borrower counteroffers
  • Reviewing guaranties, security agreements, and deeds of trust
  • Identifying new capital sources interested in participating in restructurings

Industries We Serve Across Arizona

Our Business and Financial Restructuring in Arizona practice spans diverse industries and business models. We have advised equity investment firms, family-owned companies, management teams, and sole proprietors in sectors including: Real estate development and management, shopping centers, multi-family housing, hospitality, restaurants, retail, healthcare, education, automotive, construction, nonprofit organizations, agriculture, and franchise operations.

Our Approach to Business and Financial Restructuring

We take a responsive, creative, and ready-to-act approach to every restructuring matter:

  • Responsive: We act quickly to assess financial conditions, collateral positions, and default risks.
  • Creative: We develop tailored legal strategies that satisfy lender requirements while protecting your operational stability.
  • Ready: We stay fully engaged from initial analysis through implementation, helping you navigate one of the most critical periods in your business’s history.

Selected Recent Representations

Wind-Down of Cotton Farm
Represented a family farm in the orderly liquidation of assets to pay off secured and unsecured creditors. Our proactive involvement helped resolve trustee sales, litigation, and UCC issues while maximizing asset value and obtaining releases that limited guarantor exposure.

Single-Tenant Building Facing Vacancy and Loan Acceleration
Represented the owner of a commercial property whose tenant filed bankruptcy and vacated. When the lender threatened acceleration, we negotiated a multi-year forbearance agreement, allowing time to re-let or sell the property while restructuring payment obligations.

Why Choose Engelman Berger for Business and Financial Restructuring in Arizona

  • Deep experience handling business and financial restructuring cases in Arizona across multiple industries
  • Strong negotiation skills in loan workouts, collateral recovery, and forbearance agreements
  • Integrated experience in bankruptcy, creditors’ rights, and real estate law
  • A collaborative approach that aligns financial, legal, and operational strategies

Get Help with Business and Financial Restructuring in Arizona

If your company is struggling with cash flow or lender pressure, the right legal strategy can make the difference between recovery and closure. Contact Engelman Berger today to speak with an attorney experienced in Business and Financial Restructuring in Arizona. We will evaluate your current position, explore restructuring options, and design a clear plan to protect your business and its stakeholders.

Frequently Asked Questions about Business & Financial Restructuring in Arizona

What is a business restructuring workout?

An out-of-court process where a borrower and creditors modify terms such as rate, amortization, covenants, or maturity to avoid a formal proceeding.

When should a company consider restructuring?

When cash flow is tight, covenants are at risk, maturities are near, or vendor and landlord pressure threatens operations. Early action creates better options.

Do I need a financial advisor along with legal counsel?

It is often a good idea to hire a financial advisor to work in conjunction with legal counsel. A financial advisor, turnaround manager, or other business specialist can perform financial analysis and business planning that supports and informs legal strategy. Legal counsel handles documents, collateral, and risk mitigation, to put the restructuring strategy into action. We frequently partner with financial advisors.

Can restructuring protect guarantors?

Yes. Negotiated standstills, limited recourse, and targeted releases can reduce guarantor exposure where supported by value and performance.

Lawyers

  • Steven N. Berger
  • Wade M. Burgeson
  • Patrick A. Clisham
  • Scott B. Cohen
  • Tamalyn E. Lewis
  • Bradley D. Pack
  • Kurt A. Peterson
  • Michael P. Rolland

News & Updates

November 12, 2025

Arizona Court of Appeals Clarifies Court Authority to Appoint Receivers Over Solvent Businesses

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October 22, 2025

Meyer to Present on Law Firm Succession Planning at Global Legal Conference

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September 30, 2025

Detwiller DiGiacomo Lectures on Corporate Sustainability at ASU Law

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September 17, 2025

Engelman Berger Attorneys Recognized with National Award

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September 9, 2025

Damien Meyer Named to Fiesta Bowl Futures Committee

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August 21, 2025

Engelman Berger Attorneys Named to 2026 Best Lawyers in America

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(602) 271-9090

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2800 North Central Avenue Suite 1200
Phoenix, Arizona 85004

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