June L. Basden June L. Basden

Director

Phone: (336) 478-1122

Email: jlb@crlaw.com

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"As lawyers, we're advocates for our clients."

Biography 
With over twenty years experience, June Basden's practice covers a range of commercial transactions with a focus on commercial lending and creditors' rights. She represents banks, financial institutions and factoring companies in asset-based lending transactions, syndicated credit facilities, factoring and other transactions. June has extensive experience in loan workouts, bankruptcy and creditors' rights. Her experience extends to commercial real estate transactions. June is also a Certified Public Accountant and is one of five fellows of the American College of Commercial Finance Lawyers who practice law in North Carolina and serves as a Member of its Board of Regents.

"June communicates extremely well with her clients," says Howard Borum a fellow attorney at Carruthers & Roth. "She's there to serve clients and their needs, but at the same time, because of where's she's gone in life, it's created an amazing combination for a person to have."

June is a native of Graham, North Carolina and received her undergraduate degree with a double major in accounting and business administration, summa cum laude, from the University of North Carolina at Greensboro. She graduated from the University of North Carolina School of Law in 1986 where she was active in the Holderness Moot Court and was the first recipient of the J. Nelson Young Memorial Scholarship which recognizes interest in the study of taxation.

June has served as Chair of the Business Law Section of the North Carolina Bar Association. In the twenty year history of this section, June is only the third female business lawyer in the State to hold this prestigious position.

(excerpts from the Business Journal)

Practice Areas
  • Banking and Finance - Bankruptcy & Insolvency
  • Banking and Finance - Commercial Lending
  • Banking and Finance - Secured Loan Transactions & Factoring

    • Recent Matters
  • Representing a national lender in closing an asset-based revolving credit facility for a manufacturer of bimetalic wire
  • Representing a national bank in closing its funding of a leveraged buy-out of an industrial and recreational arbor supplies distributor
  • Representing a regional bank in extending acquisition and construction lines of credit to a residential developer
  • Representing a regional bank in negotiation of a forbearance agreement with a large general contractor and assisting in implementation and monitoring of the conditions to the bank's continued forbearance
  • Representing national and regional banks and financial institutions in foreclosing on commercial real estate in North Carolina
  • Representing national and regional banks and financial institutions in various aspects of bankruptcy cases involving residential developers, trucking companies and textile manufacturers

    Awards/Honors
    Recognized in the following publications: 2007 Triad Business Journal Women in Business Winner; Business North Carolina Legal Elite (2006-2007, 2009); North Carolina Super Lawyers (2006); Best Lawyers in America (2008-2011); Fellow, American College of Commercial Finance Lawyers

    Community Involvement
    Greensboro Rotary Club

    Education
    University of North Carolina, J.D., 1986

    University of North Carolina at Greensboro, B.S., summa cum laude, 1983

    Memberships
  • American College of Commercial Finance Lawyers
  • Turnaround Management Association
  • Risk Management Association
  • American and North Carolina Bar Associations
  • American Institute and North Carolina Associations of Certified Public Accountants
  • Lawyers Mutual Liability Insurance Company of North Carolina

    Admitted to Practice in
    North Carolina, 1986


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    235 N. EDGEWORTH ST. GREENSBORO, N.C. 27401 | Phone: (336) 379-8651 | Fax: (336) 273-7885