Richard C. Beale

PRACTICE AREAS

• Asset Based Lending
• Commercial Lending
• Commercial Real Estate
• Finance
• Loan Workouts and Foreclosures
• Real Estate Lending

CONTACT

Rick Beale has extensive experience in the representation of national, regional and community lending institutions, as well as borrowers, in a wide variety of areas, including asset-based lending, real estate finance, auto dealership finance, government contractor financing, participation, hotel financing, loan workouts and restructuring foreclosures, creditors’ rights, collateral recovery, lender liability, and wealth management transactions.

His finance experience includes advice at the structuring and commitment stage, preparing and negotiating loan and security documents, handling of loan closings and all aspects of enforcement of remedies.

    • University of Richmond T.C Williams School of Law Juris Doctor 1974

    • Hampden-Sydney College Bachelor of Arts 1971

  • • Virginia Beach Bar Association (Executive Committee, 1993-1999; President, 1998); Chairman of Judicial Endorsement Panel, (1999-2000)

    • Virginia Bar Association

    • Virginia State Bar. Second District Ethics Committee (Past Member)

    • Academy of Music, Member, Board of Directors, (2005-2011)

    • Urban League of Hampton Roads, Member Board of Directors, (2006-2010)

    • CIVIC Leadership Institute (Member)

  • • Lawyer of the Year, Norfolk Banking and Finance Law, Best Lawyers in America®: (2010, 2016, 2018).

    • Recognized in The Best Lawyers in America® in Banking and Finance Law (2009-2019).

    • Recipient of the 2016 Virginia Beach Bar Association Brydges-Russo Distinguished Service Award given in recognition of a long and distinguished career at the bar and who has demonstrated the highest character and qualities during that career.

    • Selected as a Super Lawyer in Banking by Law & Politics’ Virginia Super Lawyers Magazine (2012, 2018, 2019).

    • Named to Virginia Business magazine’s Legal Elite in Business Law (2011, 2016, 2017, 2018) and Bankruptcy/Creditors’ Rights (2015).

    • Rick Beale has achieved Martindale-Hubbell’s highest rating for legal ability and ethical standards. - AV Preeminent Peer Review Rating.

    • Recipient of the Urban League of Hampton Roads’ annual award given to an individual board member for outstanding board service and dedication to the organization (2008).

    • Recognized in “Top Lawyers of Coastal Virginia” (2018, 2019) by COVaBiz Magazine.