Banking and Finance Law Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
J. Michael Fields
Recognized in Best Lawyers since 2018 Awarded Practice Areas
Biography
Michael leads the Health Care practice. He counsels physicians, hospitals, and other healthcare providers on regulatory, compliance, and transactional matters. He represents all types of closely-held businesses and their owners on such issues as the formation of business entities, financing transactions, and the merger, acquisition, and sale of businesses. Additionally, Michael advises banks, automobile and tractor finance companies, shopping center owners, homeowners' associations, and suppliers in the agricultural and construction industries on financing transactions, workouts, bankruptcies, foreclosures, and collections. His bankruptcy practice is focused on the representation of creditors in contested plan confirmation, relief from stay, cash collateral, lease assumption and assignment, fraudulent transfer, and preference litigation.
Michael also provides mediation services in bankruptcy cases. His mediation training includes the acclaimed 40-hour American Bankruptcy Institute/St. John’s University School of Law Bankruptcy Mediation Training Program held in New York.
He has been rated by his peers as "preeminent" in his respective fields of law.
Overview
Greenville, North Carolina
- The University of North Carolina at Chapel Hill, J.D., with honors, graduated 1991
- The University of North Carolina at Chapel Hill, B.S., graduated 1988
- North Carolina, 1991
- Georgia, 2015
- American Bankruptcy Institute - Member
- American Health Lawyers Association - Member
- Arendell Parrot Academy - Board of Trustees 2005-2011
- Community Associations Institute - Member
- Eastern North Carolina Inn of Court - Member
- Kiwanis Club of University City - President (2004-2005)
- North Carolina Bar Association - Sections: Health Law; Business Law; Bankruptcy Law - Member
- North Carolina Society of Health Care Attorneys - Member
- All state courts in North Carolina
- All state courts in Georgia
- United States Bankruptcy Court for the Eastern, Middle, and Western Districts of North Carolina
- United States Bankruptcy Court for the Middle and Southern Districts of Georgia
- United States Court of Appeals for the Fourth Circuit
Greenville, North Carolina
- North Carolina, 1991
- Georgia, 2015
- American Bankruptcy Institute - Member
- American Health Lawyers Association - Member
- Arendell Parrot Academy - Board of Trustees 2005-2011
- Community Associations Institute - Member
- Eastern North Carolina Inn of Court - Member
- Kiwanis Club of University City - President (2004-2005)
- North Carolina Bar Association - Sections: Health Law; Business Law; Bankruptcy Law - Member
- North Carolina Society of Health Care Attorneys - Member
- The University of North Carolina at Chapel Hill, J.D., with honors, graduated 1991
- The University of North Carolina at Chapel Hill, B.S., graduated 1988
- All state courts in North Carolina
- All state courts in Georgia
- United States Bankruptcy Court for the Eastern, Middle, and Western Districts of North Carolina
- United States Bankruptcy Court for the Middle and Southern Districts of Georgia
- United States Court of Appeals for the Fourth Circuit
Client Testimonials
Awards & Focus
Recognized in The Best Lawyers in America® 2026 for work in:
- Banking and Finance Law
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
Additional Areas of Practice:
- Business Organizations (including LLCs and Partnerships)
- Health Care Law
Special Focus:
- COVID-19
Awards:
- The Best Lawyers in America, Best Lawyers®, 2018-2024
- "Healthcare Power List," NC Lawyers Weekly, 2023
- The Best Lawyers in America, 2018
News & Media
Case History
Transactions
- Representation of a grain dealer in defense of bankruptcy preference litigation
Representation of a grain dealer in defense of bankruptcy preference litigation in the bankruptcy case of another grain dealer
- Representation of an agricultural supplier in connection with the attempted workout of $8 million
Representation of an agricultural supplier in connection with the attempted workout of $8 million in troubled credit and the eventual Chapter 11 bankruptcy of a large farming operation
- Representation of an agricultural supplier in obtaining and collecting a $200,000 judgment
Representation of an agricultural supplier in obtaining and collecting a $200,000 judgment against a commercial farming operation
- Representation of the borrower in a $70 million asset-based revolving line of credit
Representation of the borrower in a $70 million asset-based revolving line of credit made to fund the floor plan financing of tractor dealerships
- Representation of the borrower in a $32 million senior secured financing and a $15 million secured mezzanine financing
Representation of the borrower in a $32 million senior secured financing and a $15 million secured mezzanine financing to refinance existing debt and to fund additional working capital and the acquisition of 50 retail wireless stores
- Representation of the lender in a $2 million loan
Representation of the lender in a $2 million loan to finance the acquisition of a tenant-occupied retail wireless store
- Representation of a medical practice in analyzing potential fee-splitting, self-referral, and anti-kickback issues
Representation of a medical practice in analyzing potential fee-splitting, self-referral, and anti-kickback issues associated with a joint venture proposed by a third party laboratory
- Representation of a medical practice in obtaining a "no review" letter
Representation of a medical practice in obtaining a "no review" letter from the Healthcare Planning and Certificate of Need Section for the replacement of an MRI scanner
- Representation of an anesthesia practice
Representation of an anesthesia practice in connection with an exclusive professional services arrangement with an ambulatory surgery center
- Representation of the seller in a $12 million asset sale of a medical practice
Representation of the seller in a $12 million asset sale of a medical practice and diagnostic imaging center
- Representation of the purchaser in a $10 million purchase of the assets of a medical practice
Representation of the purchaser in a $10 million purchase of the assets of a medical practice and a majority interest in an ambulatory surgery center
- Representation of the purchaser in a $1 million asset purchase
Representation of the purchaser in a $1 million asset purchase of a dental practice
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