Jason Wax’s practice focuses on providing creative and results-oriented representation of businesses in out-of-court workouts, chapter 11 reorganizations and liquidations, receiverships, and ancillary litigation.
He routinely works with other stakeholders in bankruptcy and receivership matters, including committees, asset purchasers, post-effective date trustees, and creditors. He also serves as a mediator for commercial disputes.
Jason has assisted clients in a broad variety of industries including commercial and residential real estate, retail, manufacturing, hospitality, brewing and wineries, commercial fishing, cannabis, health care, and trucking.
Jason is a past Chair of the King County Bar Association Bankruptcy Section, the president-elect of the Bankruptcy Bar Association for the Eastern District of Washington, and an active member of the American Bankruptcy Institute, the Turnaround Management Association, and the Association for Corporate Growth.
Additional Attorney Information
Representative Matters
Represented national clothing brand in chapter 11 proceeding commenced when operating funds were frozen by competing lenders. Quickly achieved confirmation of new value plan with unanimous creditor support, enabling right-sizing of the client’s balance sheet and complete restructuring of business operations in the face of evolving tariff challenges.
Represented owner of the 347-room Hyatt Regency Lake Washington hotel in a chapter 11 proceeding filed to permit the $157 million sale of the hotel over the objection of 69 EB-5 investors. Litigated claims of EB-5 investors over multiple weeks of trial and achieved settlement on favorable terms.
General counsel to the trustees of the liquidating trust established pursuant to the confirmed plan in In re iCap Enterprises, Case No. 23-01243, a complex $230 million Ponzi scheme case in the Eastern District of Washington.
Represented national public relations and strategic communications firm in restructuring liabilities and confirming chapter 11 plan of reorganization in the face of an attempted hostile takeover by a former equity holder.
Represented high-end sneaker and streetwear retailer in chapter 11 proceeding commenced when operating funds were frozen by an aggressive lender. Initiated litigation to restore access to operating income and quickly confirmed new value plan with unanimous creditor support while reducing the client’s liabilities by approximately 90%.
Represented national retailer of novelty pajamas in chapter 11 proceeding that resulted in confirmation of plan of reorganization and cram down of existing secured debt by approximately 90%.
Education & Bar Memberships
- Bachelor of Arts, University of Missouri, 2005
- Juris Doctor, Lewis & Clark Law School, 2009
- Washington State Bar Association
- Oregon State Bar Association
- Admitted to practice in Eastern and Western Districts of Washington, and the Ninth Circuit Court of Appeals
Presentations & Publications
- Hey Doc, Can You Spare a Dime? Are Individual Non-Consumer Chapter 7 Debtors, Eligible for Chapter 11, Subject to Involuntary Conversion Under the Means Test?, Norton Journal of Bankruptcy Law and Practice, 2015
- What to Do When a Residential Tenant Files for Bankruptcy During or Just Before an Unlawful Detainer Action, Washington State Bar Association Real Property, Probate & Trust Section Newsletter, 2014
Activities
- Washington State Bar Association Debtor-Creditor Section
- Turnaround Management Association
- American Bankruptcy Institute
- Member of Bankruptcy Litigation and Business Reorganization Committee
- Association for Corporate Growth
