When courts appoint receivers or trustees to take control of assets and administer estates, those fiduciaries need experienced legal counsel who understand both the law and the practical challenges of fiduciary administration. At Waldrep Wall Babcock & Bailey, we provide sophisticated representation to state and federal receivers, bankruptcy trustees, and the parties who work with them.
Led by Kevin Sink, a panel Chapter 7 trustee, and Tom Waldrep, a former United States Bankruptcy Judge, our team brings unparalleled insight to receivership and trustee matters. Kevin has served numerous times as a court-appointed receiver. He is a member of the National Association of Bankruptcy Trustees (NABT). Tom has served as a federal equity receiver appointed at the request of the SEC and maintains membership in the National Association of Federal Equity Receivers (NAFER
Our receivership practice extends beyond counsel work. Members of our team serve on the panel of Chapter 7 bankruptcy trustees for the United States Bankruptcy Court for the Middle District of North Carolina, on the panel of Subchapter 5 Chapter 11 trustees for the Middle District of North Carolina, and as receivers in complex state court receiverships. Our attorneys maintain active membership in the American Bankruptcy Institute and the Turnaround Management Association and regularly speak at continuing legal education seminars sponsored by these professional organizations.
We handle the full range of legal work that receivers and trustees encounter, including:
The firm routinely addresses the legal and business issues that receivers and trustees frequently encounter. We also represent financial advisors, auctioneers, trustees of liquidating trusts, and other insolvency professionals. We have considerable experience with all types of receivership and insolvency issues.
Waldrep Wall Babcock & Bailey PLLC is pleased to announce that 14 attorneys have been included in the 2025 edition of The Best Lawyers in America®. Lawyers on The Best Lawyers in America list are divided by geographic region and practice areas. They are reviewed by their peers based on…
Waldrep Wall is pleased to announce that the firm has been recognized in Bankruptcy/Restructuring and Healthcare in the 2026 Chambers USA Guide, with eight attorneys also earning individual rankings across Bankruptcy/Restructuring, Corporate/M&A, and Healthcare, including a Band 1 ranking for Tom Waldrep. Highly regarded throughout the legal industry, Chambers and…
Winston-Salem, NC – Waldrep Wall Babcock & Bailey PLLC is proud to announce that associate Hector Quesada has been featured in an alumni spotlight by Washington and Lee University School of Law. In the profile, Hector reflects on his journey from law school to his current practice in commercial bankruptcy and…
Partner
Tom represents secured creditors, debtors, unsecured creditors’ committees, and trustees in business bankruptcy cases. He has served numerous times as a bankruptcy trustee and as a federal and state receiver. Tom has noteworthy experience in cases involving healthcare debtors, especially hospitals, and regularly represents private equity groups and other financial institutions in buying and managing distressed healthcare assets. He also has extensive experience in representing tort claimants in asbestos bankruptcies.
Partner
Kevin focuses his practice on bankruptcy and reorganization matters, commercial transactions, real estate and business litigation. He is certified as a Business Bankruptcy Law Specialist by the North Carolina State Bar and is a Chapter 7 Panel Trustee for the Eastern District of North Carolina.
Partner
Jim is a partner at Waldrep Wall Babcock & Bailey PLLC. Prior to joining the firm, he was a partner at Waldrep LLP and member at Roberson, Haworth & Reese, PLLC, focusing on business bankruptcy and municipal law.
Counsel
Zach specializes in commercial bankruptcy and general commercial law and has significant experience representing debtors in Chapter 11 and Chapter 7 cases. In addition, he regularly represents creditors, creditor committees, and bankruptcy trustees in bankruptcy litigation, contested matters, asset sales, and adversary proceedings, as well as appellate matters. Zach is also an attorney for the Salkin Law Firm, P.A. in Florida.
Reach out today and let our experienced team guide you to the best possible solution.
