James Jones’ practice is concentrated in commercial and real estate finance, workouts, and distressed debt. He regularly advises borrowers and lenders, including national and regional banks, hedge funds, private equity groups, insurance companies, and businesses in such matters, including asset-based lending, construction lending, bridge loans, mezzanine and second lien debt, loan participations and syndications, factoring, equipment leasing, the acquisition and disposition of distressed debt, creditors’ rights, workouts, foreclosures, restructures, and reorganizations.
Representative Transactions
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Commercial Finance
- Exit financing for a company emerging from Chapter 11 bankruptcy
- Acquisition financing for manufacturing and service companies
- Syndicated chattel paper financing
- Business line of credit secured by accounts receivable and inventory and including conversion rights
- Syndicated business loan secured by all of the company’s assets and including warrants
- Saleof real and personal property secured notes and loan portfolios
Real Estate Finance
- Construction financing for office buildings
- Acquisition and development loans for mixed-use developments
- Acquisition financing for office buildings
- Modification of construction financing for mixed-use developments
- Financing for condominium conversion projects
- Acquisition financing for a regional shopping mall
- Hotel construction financing
Workouts
- Advise regarding workout and collection of FDIC loan portfolios
- Advise regarding workout and foreclosure of automobile dealership
- Advise regarding workout of commercial construction and mixed use projects
- Advise regarding workout of acquisition and development loans
- Advise regarding workout and refunding of letter of credit exposure and FNMA forward financing debt to low income housing project financed with tax exempt bonds
- Advise regarding workout and collection of indebtedness secured by distressed student housing apartment projects
Education
- Brigham Young University (J.D., cum laude, 2003)
- Editor, BYU Law Review
- Academic Scholarship
- Brigham Young University (B.S., Business Management/Finance, magna cum laude, 2000)
- Academic Scholarship
Court Admissions
- Supreme Court of Utah
- United States District Court, District of Utah
Professional Memberships & Activities
- State Bar of Utah
- Banking and Finance Section, Treasurer
- Commercial Finance Association
- American Bar Association
Representative Presentations & Publications
- Back in the REO Business: Assessing the Value of Real Estate Loans and Bank Owned Real Estate, Co-Author, The Utah Banker Magazine (Fall 2008)
- ACORD Insurance Certificates: Does Your Borrower Really Have Coverage? Co-Author, The Utah Banker Magazine (Spring 2008)
- Round and Round the Mulberry Bush ... Subordination, Non-Disturbance and Attornment Agreements, Co-Author, The Utah Banker Magazine (Winter 2008)
- An Introduction to Real Estate Lending, Presenter, Utah State Bar Meeting (March 9, 2007)
- Valuing Intangible Assets in Bankruptcy Cases, Co-Author, Utah Bar Journal, Vol. 18 No. 2 (Mar./Apr. 2005)
Professional Recognition & Awards
- Utah Legal Elite, Up and Coming: Banking/Financial (2012) Utah Business magazine
Other Professional Experience
- United States District Court, Judicial Clerk to Hon. Robert Clive Jones (2003-2004)
- United States Bankruptcy Court, Judicial Clerk to Hon. Robert Clive Jones (2003)
