Lance P. Martin

North Carolina Board Certified Specialist in Business Bankruptcy Law
Ward and Smith, P.A.
828.348.6011 Fax 828.348.6077
Email lpm@wardandsmith.com
Post Office Box 2020, Asheville, NC 28802-2020

Lance represents creditors in bankruptcy, collections, foreclosures, Uniform Commercial Code security agreement enforcement, and structured liquidations and workouts.  He also represents clients in drafting and negotiating a wide variety of contract, loan, and workout agreements.  Lance is certified by the American Board of Certification and the North Carolina State Bar as a Board Certified Specialist in Business Bankruptcy Law.  He litigates at all levels of state and federal court, with an emphasis on commercial and corporate fraud, fraudulent transfers, unfair and deceptive trade practices, floor-plan financing, lender liability, factoring, and lease arrangements.  Lance has been rated by his peers as being "preeminent" in his respective fields of law.

Education

  • J.D., magna cum laude, Tulane University Law School, 1995. Order of the Coif.
  • B.S., summa cum laude, Spring Hill College, 1992

Representative Experience

  • Assisted client in Chapter 11 reorganization and 363 sale of lumber mill operation
  • Assisted client in recovery efforts related to fraudulent activity in factoring relationship
  • Assisted client in placing hotel under receivership and then selling hotel operations
  • Assisted client in the sale and assignment of loan documents, negotiable instruments, and commercial paper
  • Assisted client in defense of lender liability claims based on negligence, breach of contract, breach of fiduciary duty, RICO, and the Unfair and Deceptive Trade Practices Act
  • Assisted client in recovery of embezzled funds through money-tracing and setting aside of multiple fraudulent transfers
  • Assisted client in foreclosure and sale of trailer-park operations in multiple counties

Honors and Distinctions*

  • The Best Lawyers in America, 2015-2019
  • "Legal Elite," Business North Carolina, Bankruptcy, 2013, 2016, 2018
  • "Super Lawyer," North Carolina Super Lawyers , 2015-2017

Best Lawyers Logo    Super Lawyers Logo

Professional and Community Affiliations

  • American Bankruptcy Institute
  • Harry C. Martin American Inn of Court
  • North Carolina Bar Association — Section: Bankruptcy
  • North Carolina Bankruptcy Council
  • Turnaround Management Association

Admitted to Practice

  • North Carolina, 2000
  • Tennessee, 2005
  • Louisiana, 1995
  • All state courts in North Carolina, Louisiana, and Tennessee
  • Eastern Band of the Cherokee Nation
  • United States Bankruptcy Court for the Eastern, Middle, and Western Districts of North Carolina
  • United States Court of Appeals for the Fourth and Fifth Circuits
  • United States District Court for the Eastern, Middle, and Western Districts of North Carolina
  • United States District Court for the Eastern, Middle, and Western Districts of Louisiana

* Please see the following websites for an explanation of the membership standards for the following recognitions: www.bestlawyers.com; businessnc.com/special-sections/legal-elite/; and www.superlawyers.com/north-carolina.

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