Tag: Firm News

Several of the Waldrep Wall Babcock & Bailey PLLC Attorneys were recently awarded in the 2024 edition of the Best Lawyers in America®, the 2024 edition of Best Lawyers Lawyer of the Year® and the 2024 edition of Best Lawyers: Ones to Watch in America™.

Best Lawyers in America®

John W. Babcock: Business Organizations (including LLCs and Partnerships) | Commercial Finance Law | Commercial Transactions / UCC Law | Corporate Law | Health Care Law | Mergers and Acquisitions Law

Dennis Bailey: Commercial Litigation | Medical Malpractice Law – Defendants | Personal Injury Litigation – Defendants

Joseph T. Carruthers: Commercial Litigation | Medical Malpractice Law – Defendants | Personal Injury Litigation – Defendants

Mike Drye: Mergers and Acquisitions Law

James Lanik: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law | Litigation – Bankruptcy | Mortgage Banking Foreclosure Law

Jennifer B. Lyday: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law

Ciara L. Rogers: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law | Litigation – Bankruptcy

Kevin L Sink: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law | Litigation – Bankruptcy

Thomas W. Waldrep, Jr.: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law

James D. Wall: Corporate Law | Health Care Law

Jan E. Yarborough: Health Care Law

Best Lawyers Lawyer of the Year®

Dennis Bailey: North Carolina Personal Injury Litigation – Defendants

Best Lawyers: Ones to Watch in America™

Natalia Talbot: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Commercial Litigation

Waldrep Wall Babcock & Bailey PLLC is happy to share that our law firm is the 2023 Recipient of the North Carolina Association of Women Attorneys (“NCAWA”) Balanced Life Workplace Award!

The Balanced Life Workplace Award (BLWA) is presented annually by NCAWA to an employer that has distinguished itself by establishing employment policies and practices that assist lawyers in achieving balance between their work and personal lives. Any legal employer in either the public or private sector, employing at least two or more individuals, is eligible for consideration. NCAWA considers, among other factors, the employer’s policies and practices on work hours, office benefits, part-time employment, flexible work schedules, leave options, and remote work arrangements.

The award will be presented on September 29, 2023, at the 2023 Annual Conference at the Big Chill in Charlotte, NC.

Waldrep Wall Babcock & Bailey PLLC is a business law firm focused on bankruptcy, commercial transactions, healthcare, commercial real estate, litigation, and mediation, serving our clients with efficiency and expertise, both inside and outside of the courtroom. We started our firm to create an environment that encourages a collaborative team culture. Our unique culture allows our attorneys, staff, and other legal professionals to handle complex work while being fully present in their daily lives. We value our firm, our team, and our communities, and we strive to balance our work and the responsibilities of our personal lives.

Waldrep Wall Babcock & Bailey PLLC Partner Jim Lanik was recently quoted in an article published on the Ohio Society of CPA’s Website, “What Accountants Should Know About Bankruptcy Fraud.”

Click here to read the article.

Jim Lanik specializes in business bankruptcy and municipal law and will present on bankruptcy fraud at the upcoming August 29 Fraud & Forensic Conference. He will give an overview of the process, what it means to be in bankruptcy, the responsibilities of debtors and more.

Click here to register for the conference.

Attorney Jennifer Lyday recently traveled to London for the International Women’s Insolvency & Restructuring Confederation (IWIRC) Leadership Summit!

Jennifer is Vice Director of News for IWIRC, which is a position on the IWIRC Board.

For more than 30 years, IWIRC has been connecting women worldwide. Across the board room, courtroom and the continents, their diverse relationships make IWIRC the premier organization for women in the restructuring and insolvency professions.

Waldrep Wall Babcock & Bailey PLLC Partner Tom Waldrep was recently cited in an article in Bloomberg Law published July 31, 2023, “Litigation Funders See Growing Opportunities in Bankruptcy Boom.”

The article discussed how litigation finance is working its way into corporate bankruptcy proceedings as Chapter 11 cases pile up, enabling more lawsuits and strengthening plaintiffs’ claims against third parties who may have caused or worsened a bankrupt company’s distress.

The article goes on to mention:

“This year, the trustee for a group of bankrupt rural hospitals across the South and Midwest took on a third-party investment to fund claims accusing the hospitals’ former owners and managers of using the companies to perpetuate a fraudulent insurer billing scheme. Trustee Thomas W. Waldrep Jr. in June won approval from a North Carolina bankruptcy court to bring in Omni Bridgeway Ltd. to finance the suit.

Carmel, who helped Waldrep secure the financing, said he thinks bankruptcy practitioners have become more familiar with litigation funding than they were just a few years ago. Although it’s not the right fit for every bankruptcy case, litigation funding allows trustees “to pursue more litigation that they might not have pursued to begin with,” he said.

In many situations, that outside funding “reduces the pressure of taking an early settlement,” said Carmel.”

Click here to read the entire article.

Waldrep Wall Babcock & Bailey PLLC had several attorneys at our firm update and write Chapters in the North Carolina Bankruptcy Practice Manual, Ninth Edition, that was recently released.

Those chapters include:

Chapter X. Claims

Authors: Diana Santos Johnson, Pamela P. Keenan, James C. Lanik

Chapter XIX. Subchapter V Small Business Reorganization

Authors: Jennifer B. Lyday, Melanie J. Raubach, Ciara L. Rogers

With a focus on procedural and substantive nuances, the newly released North Carolina Bankruptcy Practice Manual, Ninth Edition, provides valuable and thorough analysis of legal issues common to bankruptcy cases, as well as additional insight, expertise, and background on issues particular to practicing bankruptcy law in North Carolina. This comprehensive publication includes pertinent case law developments, discussion of essential practices and procedures, updates to Bankruptcy Rules and local bankruptcy rules, and over 180 essential bankruptcy forms, plus a brand-new chapter examining Subchapter V small business reorganization.

Click here to learn more and get your copy.

Iris Sunshine, Executive Director of the Children’s Law Center of Central North Carolina, came to Waldrep Wall Babcock & Bailey PLLC today to present on the mission and goals of The Children’s Law Center (CLC), which provides a voice for vulnerable children in court proceedings and advocates for their best interests including safe placement and counseling in CH 50B Civil Domestic Violence cases (DVPO) and CH 50 High Conflict Custody cases.

Our firm is honored to support The Children’s Law Center and participate as a Voice Sponsor with their 2023 “Speak up for Children” event this coming October!

Waldrep Wall Babcock & Bailey PLLC Attorney Jennifer B. Lyday recently joined the Winston-Salem Symphony Board of Directors. She will be serving on the Board through 2026.

During the past 75 years, the Winston-Salem Symphony has grown into a nationally recognized regional orchestra employing 75 professional musicians on a per-service basis. Currently, the full orchestra performs 35-40 concerts per year. The Symphony also boasts a 120-voice volunteer Chorus and an inspiring music education program including in-school ensemble programs, young people’s concerts, an Academy for young students, and a Youth Orchestras program consisting of three youth orchestras. Education programs produce over 28,000 student encounters annually.

For more information about the Winston-Salem Symphony, please visit https://www.wssymphony.org/.