Biography
Tim represents banks, non-bank lenders and investors throughout the southeastern United States in corporate and commercial finance arrangements including term and revolving facilities, asset-based lending, and receivables financing, construction financing, and in restructuring classified credits. Tim has experience with respect to these matters as both in-house legal counsel for a super-regional bank and in private practice representing institutional creditors.
Areas of Focus
+Financial Services
- Representation of lenders and borrowers in commercial, manufacturing and industrial financing
- Representation of lenders in commercial real estate finance transactions, including acquisition, development and construction financing of industrial, healthcare, multi-family, mixed-use, office, and low income housing tax credit projects
- Representation of investors/lenders in subordinated and mezzanine debt financings
- Representation of lenders in financing to knowledge-based, venture and private equity backed companies
- Representation of lenders in complex, multi-tiered intercreditor arrangements
- Representation of debtors, agents and lenders in club deals and syndicated loan facilities
- Representation of purchasers and sellers in loan participations
- Representation of lenders in capital/equity funding lines of credit
- Representation of financial institutions in control agreements, lockbox agreements, letter of credit, documentary credits, and other banking products
+Creditors’ Rights & Bankruptcy
- Representation of lenders in forbearance, restructure and workout of distressed and classified assets
- Representation of financial institutions in portfolio asset dispositions and servicing arrangements
- Representation of lenders in negotiated liquidation arrangements
- In-house bankruptcy and problem asset case management for financial institutions
- Representation of financial institutions in transfer of real estate from distressed borrowers in lieu of foreclosure
Credentials
+Education
University of North Carolina School of Law, J.D., 1980
University of North Carolina, B.A., 1976
+Notable Accomplishments
Recognized in Business North Carolina Magazine’s “Legal Elite” (Real Estate Law), 2008
Recognized as a Leading Attorney by Chambers USA: America’s Leading Lawyers for Business (Banking & Finance), 2017-2020
+Professional & Community Activities
University of North Carolina at Chapel Hill Banking Law Institute, Member, Board of Directors 2008 – 2016
RMA Associates, Charlotte
North Carolina Bankers Association, Member
Member, Turnaround Management Association
Member, Finance Committee, United Way of Central Carolinas
+Speaking & Writing
“Perfecting Liens in Atypical Collateral,” 1999, North Carolina Bar Association
