none
Director
VCARD
P: (336) 478-1122
F: (336) 478-1113
jlb@crlaw.com
University of North Carolina at Greensboro
B.S., Summa Cum Laude
1983
University of North Carolina at Chapel Hill
J.D.
1986

June L. Basden Printer-Friendly

June Basden is both an attorney and a Certified Public Accountant with 30 years of experience in commercial finance and banking law. She represents national and regional banks, financial institutions and commercial lenders in a variety of finance transactions, with a special focus on commercial lending and creditors' rights.

June has extensive experience in asset-based lending, factoring, single-lender and syndicated credit facilities, loan workouts and modifications, foreclosures, bankruptcies and even commercial real estate transactions. She is a fellow of the American College of Commercial Finance Lawyers (ACCFL). Her clients have found her strategic counsel especially critical in the current financial landscape as she advocates for ways to achieve the best possible outcome.

Representative Cases

  • Acted as local counsel in a $40 million credit facility for a manufacturer. Advised on the impact of N.C. laws.
  • Represented a bank in a $5.8 million transaction to refinance two secured lines of credit, as well as a secured term loan.
  • Represented a borrower of a $30 million secured municipal bond facility.
  • Represented a lender in bankruptcy proceedings that involved $4 million in debt secured by liens in real and personal property.
  • Documented a $3.2 million construction and acquisitions loan for a residential housing developer.
  • Represented a bank in a $2 million bankruptcy case involving a loan secured by two commercial properties in declining neighborhoods. The bank was paid in full thanks to June’s deep knowledge of commercial transactions and bankruptcy code.
  • Represented a bank in the assumption of debt by a new borrower followed by an amendment and restatement of the loan, which was secured by both real and personal property.
  • Documented a $6.3 million transaction for a term loan for the purchase of real estate, together with a revolving line of credit used to purchase an operating company and provide working capital.

Bar and Court Admissions

  • North Carolina, 1986

Professional Memberships and Activities

  • American Bar Association
  • American Bar Foundation, Fellow
  • American College of Commercial Finance Lawyers, Fellow
  • American Institute of Certified Public Accountants
  • Lawyers Mutual Liability Insurance Company of North Carolina, Board of Directors
  • North Carolina Bar Association, Former Chair of the Business Law Section
  • North Carolina Association of Certified Public Accountants
  • Risk Management Association, Former Triad Chapter Board of Directors
  • Turnaround Management Association

Awards and Recognitions

  • Best Lawyers in America, 2008-2018
  • Best Lawyers in America: Greensboro Commercial Finance Law "Lawyer of the Year," 2018
  • Best Lawyers in America: Greensboro Banking and Finance Law "Lawyer of the Year," 2017
  • Best Lawyers in America: Greensboro Banking and Finance Law “Lawyer of the Year,” 2014
  • Business North Carolina: Legal Elite, 2006-2007, 2009, 2014, 2016-2017
  • Martindale-Hubbell AV Preeminent™ Peer Review Rated
  • North Carolina Super Lawyers, 2006
  • North Carolina Bar Association, Business Law Section: Distinguished Service Award, 2017
  • The Business Journal of the Greater Triad: Women in Business, 2007
  • University of North Carolina School of Law, First Recipient of J. Nelson Young Memorial Scholarship for Study of Taxation

Community Service

  • Community Foundation of Greater Greensboro, Chair of the Women to Women Advisory Council, 2015
  • Community Foundation of Greater Greensboro, Chair of the Women to Women Celebration Luncheon, 2014
  • Greensboro Rotary Club
Disclaimer: The specific cases and matters mentioned on this website are illustrative of the matters handled by Carruthers & Roth, P.A. The results of any case or matter depend on a variety of factors unique to each case. Not all cases or matters handled by Carruthers & Roth, P.A. are summarized on this website. The results of prior cases or matters do not guarantee that a similar outcome can be achieved in any future case.