BANKRUPTCY: Richard C. Maxwell

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Richard C. Maxwell
Woods Rogers PLC

Title: Partner
Other legal specialties: Collections, foreclosures, conservation easements and equine law
Birthplace: Meriden, Conn.
Education: Bachelor’s degree, Lafayette College; master’s degree in business administration, Eastern Michigan University; law degree, University of Richmond School of Law
Current professional activities: Director, Roanoke Bar Association; member, Planning Committee, Mid-Atlantic Institute on Bankruptcy and Reorganization Practice; member, Virginia State Bar Real Estate Section – Creditor’s Rights and Bankruptcy Subcommittee; editor “Enforcement of Liens and Judgments in Virginia – Enforcement of Federal Liens and Foreign State Court Judgments”; author, “Bankruptcy Practice in Virginia – Jurisdictional Issues”
Wife: Christiana R. Maxwell
Pets: Horse, Aris Dusty Shadow; cat, Samuel
Hobbies: Hiking and sailing
First job as a lawyer: Associate at Woods Rogers
Fan of: Virginia and Virginia Tech football
Favorite vacation spot: Vail, Colo.
Career mentor: M. Caldwell Butler

What trend are you seeing in bankruptcies? Are the numbers going up or down?
“Numbers are definitely up. The slowdown in filings after 2005 has ended and we are seeing record bankruptcy filings, especially for smaller businesses. In business bankruptcies, we are seeing more sales of assets under section 363 of the Bankruptcy Code rather than reorganization of companies.”

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