Profile

St. James Law, P.C. formulates and implements creative solutions to business cash flow, insolvency and bankruptcy problems.

Michael St. James, the principal of the Firm, has had 20 years experience limited to the business insolvency specialty. In 1993, he was selected as one of 155 attorneys to be designated "Board Certified – Business Bankruptcy" by the American Board of Bankruptcy Certification. Mr. St. James’ has played a key role in numerous cases as counsel for the Debtor, the Creditors Committee or a principal creditor; most recently, Mr. St. James proposed the successful Plan of Reorganization in the American Basketball League bankruptcy case.

The Firm maintains two important competencies in related sub-specialties. First, the Firm is sophisticated and focused on insolvency tax issues, which often can have a significant and unanticipated impact on a work-out or reorganization. Second, the Firm is attentive to and knowledgeable about intellectual property issues, which permit it capably to represent buyers, sellers, licensors and licensees of intellectual property in high technology insolvency cases.

The Firm prides itself on developing creative solutions which minimize the business disruption and attorneys fees incurred by its clients. When counseling troubled businesses, the Firm always focuses first on the possibility of a negotiated solution, either with a few creditors or through a informal work-out rather than a bankruptcy filing. When representing creditors and acquirers of troubled businesses, the Firm focuses on the ultimate business objective, trying to streamline the process and avoid extensive litigation; the Firm’s reputation for aggressive and tenacious litigation helps it negotiate early and successful settlements.

The Firm is dedicated to the proposition that the practice of law is a service business. As a consequence, the Firm’s clients are always able to contact their counsel.

Also see the biography of Michael St. James.