Moore & Van Allen Law Firm, Attorneys
Practice Areas
  • B.A., Davidson College, 2002, cum laude
  • J.D., Duke University, 2005, cum laude; Managing Editor, Alaska Law Review
  • North Carolina, 2005
  • U.S. District Court, Western District of North Carolina, 2005
  • U.S. District Court, Middle District of North Carolina, 2006
100 North Tryon Street
Suite 4700
Charlotte, NC 28202-4003

Charles (Trey) R. Rayburn III

Member
Overview
Representative Matters
News & Events
Professional Affiliations

Trey Rayburn represents banks and other financial institutions in connection with workout transactions and large corporate bankruptcies. His clients include national and regional financial institutions that are creditors at various levels of a distressed company’s capital structure – including senior secured lenders, second-lien lenders, subordinated lenders and unsecured creditors.  He often represents administrative agents and collateral agents for syndicated credit facilities in workouts and bankruptcies, and he has experience representing equipment lessors and landlords.

Rayburn also has significant experience negotiating intercreditor agreements and in advising clients in navigating the challenges presented by such agreements in workout situations.

Of Note

  • Member, Teach For America Young Associates
  • Member, Myers Park Presbyterian Church
  • Selected for inclusion to the North Carolina Super Lawyers list in 2017, as well as the Rising Stars list in 2010-2015 for Bankruptcy & Creditor/Debtor Rights

  • Included in Chambers Partners USA in North Carolina - Bankruptcy/Restructuring, 2012-2017
  • Included in Best Lawyers in America for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2013-2018
  • Former Co-President, Davidson Young Alumni Association - Charlotte Chapter
  • Coach, Charlotte Junior Soccer
 

Representative Matters

Workouts

  • Advertising:Representation of a senior secured lender in connection with restructuring of approximately $107 million owed by a real estate media company, including a debt-to-equity conversion.
  • Aircraft Leasing:Representation of equipment lessor in connection with workout of approximately $18 million owed in connection with a private aircraft lease.
  • Automobile Dealer:Representation of secured lender in connection with workout of approximately $30 million owed by an automobile dealer.
  • Direct Mail Marketing:Representation of administrative agent for secured lenders in connection with workout of approximately $240 million credit facility to an international direct mail marketing company, including provision of $7 million super-priority short-term credit facility.
  • Education:Representation of administrative agent for secured lenders in connection with workout of an approximately $82 million senior credit facility extended to a for-profit education company.
  • Food Company: Representation of administrative agent for secured lenders in connection with workout of over $725 million credit facility to a national brand food company, including provision of $80 million super-priority short-term credit facility.  Completed out-of-court restructuring involving incurrence of second-lien indebtedness resulting in repayment of over $550 million of senior indebtedness.
  • Hospitality:Representation of secured lender in connection with the workout of approximately $12 million owed by a hotel owner/operator.
  • Marine Services: Representation of lender in connection with workout of approximately $20 million owed by marine services company.
  • Real Estate:Representation of administrative agents for secured lenders and various other secured lenders in connection with credit facilities to various real estate developers.
  • Recycling:Representation of senior secured lender in connection with workout of approximately $6 million owed by a metal recycling facility and incurrence of subordinated debt to finance acquisition of facility upgrade.
  • Telecommunications:Representation of senior secured lender in connection with a workout of approximately $22 million owed by an international communications services company.

Bankruptcies

  • Flying J, Inc. (Del.): Representation of equipment lessor in connection with guaranty claims against national operator of travel plazas and fuel stations.
  • Hendricks Furniture Group, LLC (W.D.N.C.): Representation of senior secured lender with approximately $28 million of exposure in connection with chapter 11 proceedings of North Carolina furniture retailer, resulting in consensual plan of reorganization.
  • Mammoth Grading Inc. (E.D.N.C.): Representation of equipment lessor in the chapter 7 bankruptcy case of a grading and construction company.
  • Qimonda Richmond, LLC (Del.): Representation of indenture trustee for loan participants that extended over $150 million in leveraged lease equipment financing in connection with lease to semiconductor manufacturer.

Finance

  • Apparel Manufacturing:Representation of senior secured lender in connection with extension of approximately $65 million credit facility and negotiation of intercreditor agreement.
  • Manufacturing:Representation of administrative agent in connection with extension of approximately $110 million senior secured revolving credit facility to an international steel manufacturing company.
  • Outdoor Recreation Center:Representation of senior secured lender in connection with extension of approximately $2.5 million working capital credit facility to an outdoor recreation center.

Professional Affiliations

  • American Bar Association
  • North Carolina Bar Association