Phone: (804) 783-7269
Fax: (804) 783-7291
 
 
 
Roy Terry is a member of the Business Group and the Bankruptcy and Creditors' Rights team. He focuses his law practice on representing both businesses and individuals as debtors and creditors under all chapters of the Bankruptcy Code. He also serves as Chapter 7 Panel Trustee of the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division.

In over 30 years before the Bankruptcy Court, Roy has regularly served as counsel to Chapter 11 debtors in possession, and to individuals with business associations who must seek bankruptcy relief.  He also has significant experience representing creditors and creditors' committees, including such representations in large Chapter 11 cases, and in serving as a judicially appointed receiver.

Roy has been selected by his peers and listed in the Best Lawyers in America and one of Virginia Business magazine's "Legal Elite" in Bankruptcy/Creditors' Rights. He has been named in Super Lawyers® in the area of Bankruptcy & Creditor/Debtor Rights since 2006.

Roy earned his law degree at the University of Richmond School of Law, where he was a member of the Law Review and received the American Jurisprudence Book Award for Bankruptcy. He graduated from the College of William and Mary in history.  He also attended Bath University, England. As the son of a Virginia State Police Captain, he grew up living throughout the Commonwealth.

As of January, 2012, Mr. Terry will commence a year of service as Chair of the Board of Deacons at River Road Church, Baptist, where he is also a longtime member of the Chancel Choir.  In addition, he is currently a member of the Council at Richmond Hill.  As an alumnus of Leadership Metro Richmond, Mr. Terry has continued to actively participate through LMR's Curriculum Committee.

Representative Matters

  • Chapter 11 cases handled by Mr. Terry which have successfully resulted in confirmed plans include the following: Roper Brothers Lumber Company, Incorporated; Prospect Homes of Richmond, Inc.; and Virginia Retirement Services of Chesterfield, LLC. He also regularly represents individuals in Chapter 11 filings, and again has successfully confirmed a number of plans.
  • In SEC v. Vavasseur Corp., et al, tasked by the U.S. District Court, Western District of Virginia, with unraveling an international securities fraud scheme (Ponzi) totaling in excess of $100 million, and with returning funds to injured investors. In discharging the receiver's duties to recover assets for investors in the Vavasseur scheme, the firm has worked with accountants and attorneys, and made court appearances, in the UK, Ireland, Guernsey and other foreign jurisdictions. A court-approved cooperation agreement with a counterpart Liquidator in the UK is believed to be the first of its kind.
  • In SEC v. International Fiduciary Corp., appointed receiver by the U.S. District Court, Eastern District of Virginia, Alexandria, to sort through the aftermath of a $45 million Ponzi scheme affecting investors in the U.S. and Canada.
  • In the LandAmerica bankruptcy cases, was instrumental in organizing an ad hoc committee of commingled 1031 exchangers, which ad hoc committee was active throughout the cases.
 

■ Quick Facts

 

Roy Terry AV Rating 




Education

B.A., College of William and Mary
J.D, University of Richmond,1978

Admissions

  • Virginia
  • U.S. Bankruptcy Court for the Eastern District of Virginia
  • U.S. Bankruptcy Court for the Western District of Virginia
  • U.S. District Court for the Eastern District of Virginia
  • U.S. District Court for the Western District of Virginia
  • U.S. Court of Appeals for the Fourth Circuit

Professional Affiliations

  • City of Richmond Bar Association (Bankruptcy Section, former Chair)
  • Virginia State Bar (Bankruptcy Section, former Chair)
  • American Bankruptcy Institute (ABI)
  • National Association of Bankruptcy Trustees (NABT)
 

■ Quick Facts

 

Roy Terry AV Rating 




Education

B.A., College of William and Mary
J.D, University of Richmond,1978

Admissions

  • Virginia
  • U.S. Bankruptcy Court for the Eastern District of Virginia
  • U.S. Bankruptcy Court for the Western District of Virginia
  • U.S. District Court for the Eastern District of Virginia
  • U.S. District Court for the Western District of Virginia
  • U.S. Court of Appeals for the Fourth Circuit

Professional Affiliations

  • City of Richmond Bar Association (Bankruptcy Section, former Chair)
  • Virginia State Bar (Bankruptcy Section, former Chair)
  • American Bankruptcy Institute (ABI)
  • National Association of Bankruptcy Trustees (NABT)