 Practices
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Christine Myatt represents a wide variety of banking and financial institutions on real estate, construction, development and tax credit lending transactions and in workouts, debt restructuring and bankruptcy.
She further has extensive experience representing trustees, creditor's committees, debtors, secured and unsecured creditors, bondholders, guarantors, and others in numerous bankruptcy and workout cases in North Carolina, the Southern District of New York and Delaware.
Ms. Myatt has served as a receiver in various state and federal matters on behalf of various creditors and the United States Securities and Exchange Commission.
Published Works:
- Collection of Attorney's Fees Under Section 506(b) (Co-Author), 9th Annual North Carolina Bankruptcy Institute, 1986
- Use, Sale and Lease of Collateral and Post-Petition Financing (Co-Author), National Business Institute, 1988
- An Overview of Surety and Bankruptcy Law (Contributing Author), Defense Research Institute, 1990
- Discharge, Dischargeability, Redemption and Reaffirmation (Author), 12th Annual North Carolina Bankruptcy Institute, 1989
- Leases v. Secured Transactions: Recognizing a True Lease (Author), Hot Topics for the Business Lawyer, 1989
- Creditor Strategies in Chapter 11 (Author), Bankruptcy Seminar for the Middle District of North Carolina, 1989
- Practical Administration in Small Business Bankruptcy (Author), Greensboro Bar Association, 1991
- Liens and Credit Issues (Co-Author), National Business Institute, 1992
- Bankruptcy and the Secured Creditor (Author), National Business Institute, 1994
- Classification of Claims and Interests - Judicially-Created Chaos (Author), 17th Annual North Carolina Bankruptcy Institute, 1994
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Accountant's Role in Bankruptcy and Bankruptcy Related Tax Issues, (Author/Presenter), NCCPA Annual Tax Seminar, November 2009
 Career Highlights
- Board Certified: Bankruptcy Law, North Carolina State Board of Legal Specialization
- Business Bankruptcy Law, American Board of Certification
- Clerked for the Honorable James B. Wolfe, Jr., formerly Chief, United States Bankruptcy Judge for the Middle District of North Carolina
- North Carolina Bar Association - Bankruptcy Section, Chair (2004-2005) Vice Chair, Council (1991-1994); Business Law Curriculum Committee, Former Chair
- North Carolina State Bar - Board of Legal Specialization, Chair (1997-1998)
- American Bar Association - Member, Standing Committee on Legal Specialization (2005-2007)
- Greensboro Bar Association - Young Lawyers Division, President (1990-1991)
- Named among North Carolina's "Legal Elite" in bankruptcy law by Business North Carolina for seven consecutive years and was 1st in votes in bankruptcy law for 2010
- North Carolina "Super Lawyer" for Bankruptcy & Creditor/Debtor Rights Law (2009-2011)
- Best Lawyers in America since 2010
Lead counsel in various lending transactions involving hotel construction, senior housing, tax credits, veteran housing construction and apartment construction in North and South Carolina.
SEC v. Elfindepan, SA. et. al, MDNC (appointed receiver to pursue recovery of approximately $42 million assets lost in Ponzi scheme by over 2000 U.S. and foreign investors)
Bostic Construction and related real estate entities (guarantor representation involving over $100 million liabilities resulting from bankruptcy of large southeast construction company)
EZ Serve Convenience Stores (local counsel for secured creditor owed in excess of $174 million by 475 multi-state convenience store chain)(C-11)
Burlington Industries (landlord representation for assumption and assignment of corporate office to W.L.Ross entity)(C-11)
Council Craftsman, Inc. (represented unsecured committee in sale of assets. Anticipated distribution to unsecured creditors is approx. 21%)(C-11)
US Furniture Industries (represented debtor in out-of-court liquidation/ 100% distribution to creditors except disputed landlord claim)
Hickory White Company (committee representation resulting in multi-million dollar sale of assets and distribution of 25% to unsecured creditors) (C-11)
Anderson, et al. v. Brokers, Inc. (In re Brokers, Inc.), 363 B.R. 458 (Bankr. M.D.N.C. 2007)
Crown Financial Ltd., 183 B.R. 719 (Bankr. M.D.N.C., 1995)
 News
 Publications
- Fradulent Transfers
Avoidence of fraudulent transfers differs from avoidance of preferences. Preferences represent legitimate payments honestly owed; a fraudulent transfer generally is viewed as one that skews the division of property among creditors and wrongfully depletes the estate—although such is not always the case. While preference avoidance aims to ensure that all unsecured creditors are treated equally, the avoidance of fraudulent transfer focuses on the relationship between the debtor and the creditor.
- Preference Actions
The preference provisions of the Bankruptcy Code allow a trustee to recover transfers made to creditors during ninety (90) days prior to the petition date (the “preference period”) in order to share the value of the transferred property among all creditors. The concept of preference recovery was designed as way to help all creditors share the pain of a bankruptcy filing, and to prevent the debtor (or circumstances) from “preferring” one creditor over another.
- State Court Receiverships and Assignments for Benefit of Creditors
When questions arise regarding the available options for liquidation of a company, or preservation of a company’s assets, contact one of the members of the Bankruptcy/Creditor’s Rights Group at Nexsen Pruet for advice.
- Liquidations / Dissolutions - Issues Related to Closing Down a Business
Issues related to closing down a business -
- Why Should You Shut the Doors
- How Do You Shut the Doors - Procedural Options
- When Should You Shut the Doors - Timing Issues
- Fiduciary Obligations in Shutting the Doors
- Employment of Professionals - Attorneys and Accountants
- Dealing with Creditors and Customers
- Mechanics of an Out of Court Liquidation
- Dealing with Troubled Companies
Doing business with troubled companies can result in your own company incurring significant losses. Learn what you should do to protect your business against a customer’s bankruptcy; what pre-bankruptcy remedies are available upon a customer’s default; and what impact bankruptcy may have on your collection strategies.
 Events
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 Education
- Wake Forest University, B.A., 1979
- Wake Forest University, J.D., 1982
 Bar & Court Admissions
- North Carolina
- U.S. District Court Eastern District of North Carolina
- U.S. District Court Middle District of North Carolina
- U.S. District Court Western District of North Carolina
- U.S. Court of Appeals 4th Circuit
- U.S. Supreme Court
 Civic & Professional Memberships
- American Bankruptcy Institute
- American Bar Association
- North Carolina Bar Association
- Turnaround Management Association
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