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Thomas C. Axelsen

Thomas C.  Axelsen

201 East Washington Street
Suite 800
Phoenix, AZ 85004

Phone: 602.240.3008
Fax: 602.240.6600
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Areas of Emphasis

Bankruptcy and Insolvency
Real Estate
Wealth Transfer and Tax Planning

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Representative Matters

  • Represented creditors, secured and unsecured, in a variety of cases arising under Chapters 7, 11 and 13 of the Bankruptcy Code.
  • Represented individuals and businesses seeking relief under Chapters 7, 11 and 13 of the Bankruptcy Code.
  • Represented creditors in filing and prosecuting involuntary bankruptcy petitions against businesses.
  • Lead counsel for committees of unsecured creditors in a variety of Chapter 11 cases, including a publicly traded computer software company, a telecommunications company, an Arizona water utility, a furniture retailer and a $50 million ponzi scheme.
  • Lead counsel for bankruptcy trustee in case of prime contractor for several public works construction projects throughout the southwestern United States.
  • Represented regional and national homebuilders in a variety of Chapter 11 proceedings.
  • Represented homeowner in confirming Chapter 13 plan, opting out of class action settlement and litigating predatory lending claims against subprime mortgage servicer.
  • Represented former officer of bankrupt public company in connection with claims against directors and officers liability insurance policy.
  • Filed class action against officers and directors of Chapter 11 debtor, resulting in payment by directors and officers liability insurance policy.
  • Represented bankruptcy trustee in pursuing recovery of preferential and fraudulent transfers.
  • Prosecuted or defended complaints objecting to discharge and/or dischargeability of certain debts.
  • Represented landlords of Chapter 11 debtors in several prominent cases, including K-Mart, Hollywood Video, Sizzler Restaurants, the Shane Co. and Super-X of Arizona.
  • Represented parties to a variety of executory contracts, including franchise agreements, real estate sales contracts and joint development agreements.
  • Represented purchasers of real estate and other assets from bankruptcy estates.
  • Estate planning for solvent individuals and families with net assets in excess of $3 million.

Professional Activities

  • Admitted Arizona, 1987
  • Admitted to practice before U.S. District Court District of Arizona, U.S. District Court Northern District of Illinois, U.S. Court of Appeals Ninth Circuit and U.S. District Court District of Colorado
  • Member, State Bar of Arizona
  • Member, American Bar Association
  • Member, Bankruptcy Institute, 1994-Present
  • Member, American Board of Certification, 1994-Present
  • Certified Specialist, Bankruptcy Law, Arizona Board of Legal Specialization, State Bar of Arizona, 1994 - Present
  • Certified Specialist, Business Bankruptcy Law, American Board of Certification, 1994 - Present

Education

  • Juris Doctor, University of Oregon School of Law, 1986
  • Bachelor of Science in Finance, Arizona State University, 1982