Attorneys
Photo of Jason W. Bank

Affiliations

Turnaround Management Association - President (2016-17), Board of Directors, Detroit Chapter (2012 – present)

American Bankruptcy Institute

Federal Bar Association

Detroit Metropolitan Bar Association

State Bar of Michigan - Business Law Section

Rules Advisory Committee, U.S. Bankruptcy Court for Eastern District of Michigan

Detroit Metropolitan Bar Foundation, Fellow

Bar & Court Admissions

  • Michigan
  • United States District Court, Eastern District of Michigan
  • United States District Court, Western District of Michigan
  • United States District Court, Northern District of Ohio
  • United States Court of Appeals for the Sixth Circuit

Education

Wayne State University Law School, J.D.

  • Bronze Key Certificate

University of Michigan, A.B.

Jason W. Bank

Member

Jason W. Bank has 20 years of experience in bankruptcy and restructuring law. He focuses his practice in the areas of commercial bankruptcy, out-of-court workouts, corporate restructuring and creditors’ rights. Jason is the chair of the firm's Bankruptcy and Restructuring Department.

Jason has successfully guided numerous businesses through out-of-court restructurings and Chapter 11 reorganizations.  He has negotiated resolutions of complex financial issues and achieved consensual restructurings of creditor claims while avoiding bankruptcy or litigation.  Where necessary, Jason has filed Chapter 11 petitions on behalf of businesses to protect their assets and operations.  He has helped to reorganize businesses in a wide variety of industries, including automotive, health care, retail, construction, education, real estate, sports and entertainment.   In addition to his bankruptcy practice, Jason provides general legal counsel to numerous small to middle market businesses and business owners.

Jason has considerable experience representing debtors, creditors’ committees, trustees, receivers and a wide variety of creditors in bankruptcy, receiverships, bankruptcy-related litigation, out-of-court restructurings and loan workouts.  He has assisted numerous parties with buying and selling assets out of bankruptcy.  Jason also has represented multiple parties in bankruptcy-related litigation, including prosecuting and successfully defending preferential transfer and fraudulent conveyance actions. 

In addition to his bankruptcy practice, Jason provides general legal counsel and advice to numerous small- and middle-market businesses and business owners.  He also assists businesses and individuals with resolution of tax collection disputes.

Jason has served as an adjunct professor of law at the Michigan State University College of Law on the subject of Chapter 11 bankruptcy reorganization. Jason is the current President of the Detroit Chapter of the Turnaround Management Association and has served on the TMA’s Board of Directors since 2012. He frequently lectures to professional and trade associations, and publishes on the subjects of bankruptcy and restructuring, including Chapter 9 bankruptcy and debt and contract restructuring for municipalities.

Jason has been recognized as a "Michigan Super Lawyer" by Thomson Reuters and was named one of the Top 100 Attorneys in Michigan by this publication.  He was named a “Top Lawyer” by dBusiness Magazine in the area of Bankruptcy and Creditor/Debtor Rights.  He was recently named a Fellow by the Detroit Metropolitan Bar Foundation.

Representative Matters

Lead counsel for successful Chapter 11 reorganization of Treetops Resort, a golf, ski and spa resort in Gaylord, Michigan

Completed successful Chapter 11 reorganization of a healthcare services business, with the consent of all major creditors

Completed successful Chapter 11 reorganization of local child care and learning center, thereby preserving jobs and child care services for over 100 families

Successfully defended three parties in fraudulent conveyance actions brought by a bankruptcy trustee by obtaining settlement for a small fraction of the amounts sought in the Complaint.

Lead counsel for successful Chapter 11 reorganization of an aviation shuttle business that restructured its balance sheet to enable it to operate profitably upon emergence from bankruptcy 

Assisted small business owner with liquidation of distressed real estate portfolio and release of personal guarantees through settlements with lenders.  Protected personal and business assets while avoiding bankruptcy

Lead counsel for four entertainment centers that completed a Chapter 11 sale of businesses and underlying real estate, which kept the businesses operating and preserved jobs

Representation of creditor/landowner in Chapter 11 sale of large automotive dealership

Obtained authority for creditor to file $14 million claim after bar date had passed in Chapter 11 bankruptcy case

Representation of state-court appointed receivers in connection with liquidation of auto supplier and fuel jobber 

Lead counsel in out of court restructuring involving sale of distressed golf course and protection of related construction business that guaranteed the debt

Representation of creditor in objection to bankruptcy discharge of business owner resulting in a significant settlement

Representation of trade creditors in City of Detroit Chapter 9 bankruptcy

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