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Adams and Reese’s Richard Carmody Recognized for Lifetime Achievement Award by B-Metro Magazine

3/6/2014

Adams and Reese Of Counsel Richard Carmody, in the firm’s Birmingham office, has been recognized by B-Metro Magazine with a Lifetime Achievement Award, honoring legal professionals in the Birmingham community for their career professional and community achievements.

Carmody is one of eight legal professionals to receive the award. Carmody was featured in the March issue of B-Metro Magazine, and he will be honored at a B-Metro’s Top Flight Hangar Party at the Premier Group Hangar on March 13th from 5:30 p.m. to 7:30 p.m.

B-Metro has honored achievements of people in Birmingham's law community for the last four-years. This year, the "Top Lawyers" issue included more areas of recognition, including the inaugural Lifetime Achievement Awards. B-Metro conducted a survey of more than 1,000 local attorneys for the awards. 

Carmody joined Adams and Reese in 2003 as part of a merger with an Alabama law firm in which he had practiced since 1975. He practices primarily in the area of insolvency law (“C&I”), and has a network of referral sources that he has developed throughout his career. A founding member of the American Bankruptcy Institute, Carmody has a nationwide reputation for solid counsel in the field of C&I. In 1992, he became the first lawyer in Alabama to become certified as a specialist in Business Bankruptcy by the American Board of Certification.

Carmody represents clients in Bankruptcy Courts in the three Federal Districts in Alabama, as well as Delaware, New York, Mississippi, Tennessee, Texas and, Arkansas. He has prosecuted and defended financial institutions in federal and state courts on matters involving every facet of commercial law, including the Uniform Commercial Code.

Carmody was inducted as a Fellow in the American College of Bankruptcy in 1999, an honor bestowed on just 650 members worldwide according to exacting criteria for insolvency professionals, including demonstrated experience and participation in the development of the law through scholarship (publishing and teaching) and pro bono activities.

On the state level, Carmody helped establish and served as the first Chair of the Alabama State Bar Section on Bankruptcy and Commercial Law and is a member of the Alabama Law Institute’s Committees for revision of the UCC (Articles 3, 4, 4A, 5 and 9). Nationally, Carmody established and served as co-chair of the Ethics Committee of the American Bankruptcy Institute (1999-2005), and he is currently serving on the ABI's Task Force for Ethical Standards. He also is serving as a director and member of the Standards Committee of the American Board of Certification. He is a frequent writer and lecturer on bankruptcy and commercial law topics.