Dan Baldwin 2014-04-01 00:25:19
"What I enjoy most about being an attorney is becoming a trusted counselor to my clients. It feels good to provide expertise that clients truly value, whether it’s a large corporation or an individual,” says Jonathan Ibsen, partner in Scottsdale-based Edwards & Cherney, LLP. Ibsen graduated from Fordham University with a Bachelor of Science degree in 1987 and earned his Juris Doctor from the New York Law School in 1994. He joined Edwards & Cherney in 2013. Ibsen is experienced in all aspects of the bankruptcy landscape. He has represented debtors, official committees of creditors, secured creditors, receivers, landlords, trade creditors, buyers and sellers of distressed assets, boards of directors, Chapter 7 trustees, and individuals in sophisticated matters throughout the United States. He has been involved in many complex and high-profile cases. Ibsen was lead counsel to Grubb & Ellis Company, an international real estate brokerage and property management company, with more than 100 offices and revenue exceeding $500 million. The company was sold as a going concern in a transaction pursuant to section 363 of the Bankruptcy Code, which resulted in the sale of an operating company, preserving jobs for thousands of employees. Ibsen was also lead counsel on a $42 million case, representing a Chapter 7 trustee of a clothing wholesale retailer. He was also co-counsel to a debtor on a case involving Betsey Johnson. “I will alway search a better option outside of bankruptcy. I will let clients know if they are better off restructuring on their own,” he says. “In the short run, our firm may miss out on getting a new case, but in the long run, people remember who gave them good advice and that is the way you build your client’s trust to someday earn their business.” Partners Jonathan Ibsen and Craig Cherney practice bankruptcy, family law, real estate and litigation. Ibsen specializes in bankruptcy and restructuring, as well as commercial and general litigation. Ibsen says, “From my standpoint, the best part of what I do is helping people, whether that’s working with large clients, such as being able to restructure a company so that people can keep their jobs, or working with individuals so they can keep their home.” A couple came in once. They had done everything right in their lives only to find that everything had gone terribly wrong for them. “Being able to counsel them on what to do was rewarding, especially seeing their relief when we took a mountain of debt off their backs,” Ibsen says. Ibsen says, “We attract both individual and complex cases because we are passionate about what we do. We all get a charge out of strategizing cases and we have the utmost respect for each and every client. We know it takes courage to get legal advice to fight for your cause. I would echo the same words to describe the culture of the firm. We treat each other extremely well.” “We’re pretty eclectic. There are no typical clients. On any given day, I can go from talking to an individual about a personal bankruptcy case to talking to the CEO of a Fortune 200 company. We’re not the type of shop that can be pigeonholed,” he says. If we think there is another attorney that is better equipped to deal with a case, we will let the client know. That’s part of being in a professional community. Ibsen finds the best part of practicing law is helping people through the challenges of the constantly changing aspects of a case as it progresses through the legal process. As to the worst part, he says, “I have not had a worst part yet.”
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