Background and Education
Richard grew up on the Northern Neck of Virginia, right on the Potomac River, where his mother still lives. After graduating high school, Richard attended what was then Mary Washington College, now the University of Mary Washington, double majoring in political science and economics. He worked in a law firm for the first time during his final year at Mary Washington and during the summer following. Richard then went on to the University of Virginia and graduated in 1988.
Having lived on the water most of his life, but needing more opportunities than the Northern Neck could offer, Richard moved directly from Charlottesville to Virginia Beach after graduation and began practicing law. He was immediately put on the firm’s “Bank Team” and assigned to work on several lender liability cases during a unique era for such matters. Richard also had the opportunity at that time to defend the bank which maintained the attorney trust account used for what was then the largest Ponzi scheme in the country ($44,000,000) pulled off by a second-generation attorney in Newport News, long before Bernie Madoff made the news. Since those early days, Richard has represented national, state and community banks, as well as other financial institutions and lenders, throughout his career of over thirty years.
With the waxing and waning economy over the years, Richard has honed his experience in each economic climate. When the economy is down, he has represented lenders primarily in commercial special asset work, including collection, work out, collateral liquidation, and bankruptcy. When the economy is up, Richard spends more of his time handling commercial loan closings, from large residential development tracts to commercial office and trade buildings, as well as various forms of personal property collateral. Richard’s wealth of experience with special asset work has taught him the importance of proper loan documentation to protect a lender’s interests. His experience in this area includes assisting several lenders in the writing of their entire loan document package.
In addition to being licensed in Virginia, Richard has also been licensed in North Carolina for almost twenty years. He has appeared in both Federal and State courts there and has handled commercial loan closings on the Outer Banks and other North Carolina locales. Having both Virginia and North Carolina licenses has aided his clients in a variety of ways, such as allowing collection from debtors seeking to hide assets in North Carolina or enabling lenders and business owners to expand their presence from Virginia into North Carolina.
Richard has brought his years of experience to Parks Zeigler and is recognized as Legal Elite by Virginia Business Magazine for the outstanding service he provides his clients.
Outside the practice of law, Richard serves as the secretary of the Tidewater Bankruptcy Bar Association. He has been involved with several charities and is active in his neighborhood civic league.
Honors and Recognitions
- Legal Elite by Virginia Business
- Top Lawyers by Coastal Virginia Magazine
- AV Distinguished by Martindale-Hubbell
More About Richard
Richard is recently married and excited to be starting a new life with his bride and at a new law firm. He and Christina enjoy snow skiing, hiking, gardening and traveling, and have already visited England, Sweden, Norway, Finland, Greece, Turkey, and Italy together. They also have a new puppy, Copper, who frequently comes to work with Richard to keep him further entertained.