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Jay L. Welford, Jaffe, Raitt, Heuer & Weiss

Photo of Jay L. Welford, Jaffe, Raitt, Heuer & Weiss
Jaffe, Raitt, Heuer & Weiss Work 27777 Franklin Rd Suite 2500 Southfield, Michigan 48034 USA Work Phone: (248) 727-1466 Work Fax: (248) 351-3082 Website: Jaffe, Raitt, Heuer & Weiss
Biography

Jay L. Welford is a senior partner in the Detroit, Michigan law firm of Jaffe, Raitt, Heuer & Weiss, P.C. Jaffe is a full service, 104 attorney corporate firm. Jay received his BBA degree from the University of Michigan in 1979 and his law degree from Wayne State University School of Law in 1982. Jay special-izes in the areas of corporate and construction law, corporate restructuring, leasing and franchising law. He is a frequent lec-turer on for such organizations as the Commercial Law League of America, the American Bankruptcy Institute, Law Education Institute, the Equipment Leasing and Finance Association and the National Business Institute. He has also authored numerous articles.

Testimony

  • Before the National Bankruptcy Review Commission, Washington, D.C., February 20, 1997
  • Before the National Bankruptcy Review Commission, Washington, D.C., May 14, 1997
  • Before the Administrative Office of the U.S. Courts, Advisory Committee on Bankruptcy Rules, Washington, D.C. January 28, 1999
  • Before the House and Senate Conference Committee on HR 3150, Washington, D.C., September 29, 1998
  • Before the Deputy Economic Advisor to the President Regarding HR 3150, September 29, 1998

Member

  • Equipment Leasing Association 2004 – Present (Legal Committee 2006 – 2009)
  • American Bankruptcy Institute 1986 – Present
  • Commercial Law League of America (Bankruptcy Section, 1984 – Present)
    • Executive Council, Bankruptcy Section, 1991 – Present
    • Chair, Bankruptcy Section, 2001 – 2002
    • Executive Council, Young Members Section, 1987 – 1989, 1991 – 1993
    • Bankruptcy Rules Committee, 1989 – 1990, 1993 – Present
    • Legislative Committee, 1990 – Present
    • Co-Chair National Conference of Bankruptcy Judges Committee, 1993 – 1998
    • Chair National Conference of Bankruptcy Judges Committee 2008 – Present
    • Chair, Legislative Committee, 1995 – 1999
    • Co-Chair National Governmental Affairs Committee 2000 – 2005)
  • Detroit Bar Association
  • State Bar of Michigan (Creditors’ Rights Committee)
  • American Bar Association, Commercial Finance Association (Education Foundation Advisory Board, 1992 – 1993)

Seminars and Lectures:

  • Oakland University, Division of Continuing Education, CPA Weekend, “Corporate Reorganizations Under Chapter 11 of the Bankruptcy Code: The Role of the Accountant for the Chapter 11 Debtor “(June 8, 1985; June 6, 1987)
  • National Business Institute, Creditor Rights and Protection of Security Interests in Bankruptcy (August 2, 1985)
  • Professional Education Systems, Inc., Bankruptcy Litigation & Practice in Michigan (April 29, 1987)
  • Midwestern Regional Conference of the Commercial Law League of America, How to Collect the Uncollectable – Recovery of Fraudulent Conveyances Under the Bankruptcy Code and Under the Uniform Laws (March 22, 1988)
  • 69th Eastern Regional Meeting of the Commercial Law League of America, Guarantor Liability – Issues Arising Under the Bankruptcy Code and Regulations B and Z (November 17, 1989)
  • Midwest Regional Conference of the Commercial Law League of America, Negotiating Cash Collateral and Interim Financing Orders — The Unsecured Creditors vs. The Secured Lender (April 11, 1992)
  • Midwest Regional Conference of the Commercial Law League of America, The Use of Experts in Chapter 11 Proceedings (March 26, 1993)
  • First Annual Bankruptcy Law Update (Law Education Institute and The Bureau of National Affairs), Guarantor Liability – Issues Arising Under the Bankruptcy Code (January 11, 1994)
  • Business Bankruptcy Practice Under the New Code, Telephonic Seminars Sponsored by the Commercial Law League of America, (May 25, 2005 and June 22, 2005)
  • New Bankruptcy Code Seminar, Business Bankruptcy Provisions, Cobo Center, Detroit, Michigan (June 3, 2005)
  • Debtor/Creditor Rights Committee of the Business Law Section of the State Bar of Michigan, Small Business Bankruptcy Provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (August 24, 2005)
  • American Bankruptcy Institute Winter Leadership Conference, Early Implementation Issues Arising Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (December 2, 2005)
  • National Constitution Center, Business Bankruptcy
  • Aligning Your Practice With the New Bankruptcy Code Amendments (March 7, 2006)
  • Equipment Leasing Association-Legal Forum, Bankruptcy Update: Bankruptcy Abuse Prevention and Consumer Protection Act (May 1, 2006)
  • Equipment Leasing Association Legal Forum, Negotiate or Litigate-A Roundtable Discussion (May, 2006)
  • Debtor/Creditor Rights Committee, Business Law Section, State Bar of Michigan, BAPCPA: One Year Later, Small Business Bankruptcy Provisions (October 9, 2006)
  • Equipment Leasing Association Legal Forum, Navigating the Chapter 11 (May 7, 2007)
  • 25th Annual National CLE Conference on Bankruptcy Law, Trade Creditor New Status (or Not) Section 503(b)(9), Reclamation and Related Issues
  • Equipment Leasing Association Legal Forum, Hidden Liens (April, 2008)
  • Equipment Leasing Association Legal Forum, The Anatomy of a Forbearance Agreement (April, 2008)
  • Commercial Law League of America, Structuring Asset Sales In and Out of Bankruptcy (November, 2008)
  • 26th Annual CLE Conference on Bankruptcy Law, Hidden Liens and Other Traps for the Unwary (January, 2009)
  • 27th Annual CLE Conference on Bankruptcy Law, The Practical Guide to Chapter 11 Administrative, Priority and Reclamation Claims (January, 2010)
  • Lease Enforcement Attorney Network Webinar, Current Issues for Lessors and Lenders (January, 2012)

Publications

  • Co-Author: The Bankruptcy Amendments and Federal Judgeship Act of 1984, 63 Michigan Bar Journal 775, 1984
  • Co-Author: The Effect of the Bankruptcy Amendments and Federal Judge-ship Act of 1984 on the Real Estate Practitioner, 11 Michigan Real Property Law Review No. 3 (Fall, 1984)
  • Co-Author: Treatment of Land Contracts in Bankruptcy – Executory Contracts or Liens, 11 Michigan Real Property Law Review No. 4 (Winter, 1984)
  • Co-Author: Charting the Way to Perfecting Post-Petition Construction Liens, The Bankruptcy Strategist, Volume III, Number 4, February, 1986
  • Co-Author: Creditors’ Committee: Right to Initiate Suits, The Bankruptcy Strategist, Volume III, Number 10, August, 1986
  • Co-Author: Lost Opportunity Costs Denied by Fifth Circuit, The Bankruptcy Strategist, Volume III, Number 12, October, 1986
  • Author: An Overview of the Bankruptcy Judges, United States Trustees and Family Farmer Bankruptcy Act of 1986, 13 Michigan Real Property Review No. 4 (Winter, 1986)
  • Author: Undersecured Creditor Denied Interest, Lost Opportunity Costs, The Bankruptcy Strategist, Volume IV, Number 7, May, 1987
  • Author: Unpaid Administrative Claimant’s Ability to Obtain a Surcharge, The Bankruptcy Strategist, Volume V, Number 1, November, 1987
  • Co-Author: WARN Poses Hurdle for Distressed Firms, The Bankruptcy Strategist, Volume VIII, November, 11, October, 1989
  • Co-Author: 503(b)(9) Claimants—The New Constituent, a/k/a “The 500 Pound Gorilla” at the Table, De Paul Business & Commercial Law Jour-nal, Spring, 2007
  • Co-Author: 503(b)(9) Claimants—The New Constituent at the Table, Business Credit (a publication of the National Association of Credit Management), May, 2007
  • Author: A Lessor’s Walk Down the Bankruptcy Aisle, Equipment Leasing Today, February, 2007
  • Author: Saving Graces—Ten Steps to Preserve and Improve Forbearance Programs, Equipment Leasing Today, March, 2008
  • Co-Author: 503(b)(9) Claimants—The New Constituent, a/k/a “The 500 Pound Gorilla” at the Table, The Michigan Business Law Journal, Spring, 2008
  • Author: Consent Judgment or Default Judgment, It Makes a Difference, Commercial Law League of America Newsletter, January, 2013
  • Author: Think Long and Hard Before You Sign Your Client’s Proof of Claim Form, Commercial Law League of America Newsletter, January, 2014
  • Author: Think Long and Hard Before You Sign Your Client’s Proof of Claim Form, American Bankruptcy Institute Unsecured Trade Creditors Newsletter, March, 2014
  • Co-Author: Representing the Creditors’ Committee—A Guide for Practitioners, ABI Unsecured Trade Creditors Committee, April, 2016

Awards: 2013 Recipient of the President’s Cup, awarded by the Commercial Law League of America for outstanding service, excellence in professional conduct and demonstrating the highest levels of ethical, moral and civic responsibility.

Accolades:

  • DBusiness Magazine Top Lawyer designation 2009 – present
  • Martindale AV Preeminent Rat-ing; Best Lawyers 2002 – present
  • Superlawyers 2006 – present
  • Midwest Top Rated Lawyer 2013- present

Non-Profit:

  • President, ALS of Michigan, 2010 –2014, Board Member, 2006-2010, 2014-present
  • Board Member of Congregation B’nai Moshe (religious organization), 1998-2004
  • Chair of Membership Committee 2000-2002
  • Chair of Endowment Committee 2003
  • Member, Building Committee 1998-2004
  • Volunteer, Jewish Family Service Fall Fix-up program (annual fall day devoted to visiting a home, completing repairs, leaf removal, window sealing and winterization), 2001-present
  • Volunteer, Greening of Detroit (tree planting one day event in the City of Detroit), October, 2008
  • Volunteer, Burnstein Family Health Clinic fundraising event (free medical clinic), October, 2008
  • Volunteer, Jewish Home and Aging Services, Walk of Ages, 2005-present
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27777 Franklin Rd Suite 2500 Southfield, Michigan 48034 USA