Commercial Finance Law Banking and Finance Law Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Commercial Transactions / UCC Law
*Named the "Lawyer of the Year" in this practice area in the 2026 edition in Triad.
June L. Basden
Recognized in Best Lawyers since 2008 Awarded Practice Areas
Biography
June Basden is both an attorney and a Certified Public Accountant with over 35 years of experience in commercial finance and insolvency law. She represents national, regional and community 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, loan workouts and modifications, foreclosures, bankruptcies and commercial real estate transactions. She is a fellow of the American College of Commercial Finance Lawyers (ACCFL). June advises parties on commercial and insolvency issues in financing transactions. 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.
Overview
- The University of North Carolina at Greensboro, B.S., graduated 1983
- The University of North Carolina at Chapel Hill, J.D., graduated 1986
- North Carolina, 1986
- American Bar Foundation - Fellow
- American Bar Association - Member
- American College of Commercial Finance Lawyers (ACCFL) - Fellow
- American Institute of Certified Public Accountants - Member
- Lawyers Mutual Liability Insurance Company of North Carolina - Board of Directors, Finance/Audit Committee Chairperson
- North Carolina Bar Association - Former Chair of the Business Law Section
- North Carolina Institute of Certified Public Accountants - Member
- U.S. District Court, Eastern, Middle and Western Districts of North Carolina
- North Carolina, 1986
- American Bar Foundation - Fellow
- American Bar Association - Member
- American College of Commercial Finance Lawyers (ACCFL) - Fellow
- American Institute of Certified Public Accountants - Member
- Lawyers Mutual Liability Insurance Company of North Carolina - Board of Directors, Finance/Audit Committee Chairperson
- North Carolina Bar Association - Former Chair of the Business Law Section
- North Carolina Institute of Certified Public Accountants - Member
- The University of North Carolina at Greensboro, B.S., graduated 1983
- The University of North Carolina at Chapel Hill, J.D., graduated 1986
- U.S. District Court, Eastern, Middle and Western Districts of North Carolina
Client Testimonials
Awards & Focus
Named "Lawyer of the Year" by Best Lawyers® for:
- Commercial Finance Law, Triad (2026)
- Banking and Finance Law, Triad (2024)
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Triad (2024)
- Commercial Finance Law, Triad (2023)
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Triad (2022)
- Commercial Finance Law, Triad (2021)
- Banking and Finance Law, Triad (2020)
- Commercial Finance Law, Greensboro (2018)
- Banking and Finance Law, Greensboro (2017)
- Banking and Finance Law, Greensboro (2014)
Recognized in The Best Lawyers in America® 2026 for work in:
- Banking and Finance Law
- Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
- Commercial Finance Law
- Commercial Transactions / UCC Law
Additional Areas of Practice:
- Communications Law
Special Focus:
- Asset-Based Lending
- Bankruptcy and Workouts
- Chapter 12
- Closely-Held Businesses
- Commercial
- Commercial Finance
- Creditors' Rights
- Finance
- Foreclosures
- Loan Documentation
- Mergers & Acquisitions
- Out-of-Court Workouts
- Real Estate
- Secured Transactions
- Transactions
- Uniform Commercial Code
- Workouts and Restructurings
Awards:
Best Lawyers in America, 2008-2023
- Best Lawyers in America: Greensboro Banking and Finance Law "Lawyer of the Year," 2014, 2017
- Best Lawyers in America: Greensboro Commercial Finance Law "Lawyer of the Year," 2018
- Best Lawyers in America: Triad Banking and Finance Law “Lawyer of the Year,” 2020
- Best Lawyers in America: Triad Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law "Lawyer of the Year," 2022
- Best Lawyers in America: Triad Commercial Finance Law “Lawyer of the Year,” 2021, 2023
- Business North Carolina: Legal Elite, 2006-2007, 2009, 2014, 2016-2017
- Martindale-Hubbell AV Preeminent™ Peer Review Rated
- 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
News & Media
Additional Information
Case History
Cases
- 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.
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