Richard Guy concentrates his practice in business formations, purchases, sales and mergers; banking, commercial finance, secured transactions and purchases, sales, and financing of fishing vessels; creditor’s rights and bankruptcy; commercial real estate; commercial litigation; maritime and admiralty law.
In addition to representing borrowers, Richard represents financial institutions and private lenders in loan transactions of varying sizes. In order to fully service the needs of lenders, he also negotiates workout agreements and handles commercial foreclosures. When borrowers file bankruptcy petitions, Richard helps lenders realize on their collateral.
Richard received a B.A. (magna cum laude) from Dartmouth College and an M.B.A. and J.D. from the University of Virginia.
In addition to his years in private practice, Richard served as in-house counsel to General Electric Capital Corporation (1986-1992) and as General Counsel and President of Commonwealth Health Care, Inc. (1992-1996).
He is a member of the Norfolk & Portsmouth, Virginia Beach, North Carolina, Virginia, and American Bar Associations (Business Law Section), as well as the Virginia and North Carolina State Bars.