Mr. Charles M. Ivey III, Attorney

BIOGRAPHICAL INFORMATION OF CHARLES M. IVEY, III

A, Education and General Background:

1. Licensed to practice law in the State of North Carolina and in Federal Courts since 1978

2. Partner in the Greensboro law firm of Ivey, McClellan, Gatton & Talcott, L.L.P, having graduated from the School of Law of Wake Forest University in 1978

3. Member of the North Carolina Bar Association, Greensboro Bar Association, Commercial Law League, American Bankruptcy Institute, National Association of Bankruptcy Trustees and Turnaround Management Association

4. Currently a member of the panel of bankruptcy trustees for the Middle District of North Carolina (originally appointed in 1982)

5. Recognized as an AV® rated attorney by Martindale-Hubbell, recognized in the Bar Register of Preeminent Lawyers, recognized in the field of bankruptcy law in the publication of The Best Lawyers in America, as a member in the Society of
Outstanding Lawyers of America, and Top Lawyer by Corporate Counsel.

6. Business Bankruptcy Specialist certified by the American Board of Certification

B. Continuing Legal Education and Related Lectures:

Charles M. Ivey, III has lectured and prepared manuscripts at numerous continuing legal educational functions which have been sponsored by the North Carolina Bar Association, the National Business Institute, Inc., the North Carolina Association of Savings and Loans Institutes, the National Association of Bankruptcy Trustees, Wake Forest University, and the Turnaround Management Association. The topics have involved:

Statewide Programs: "Chapter 11/How to Make it Work, "Bankruptcy Law Update, A Practical Review of the Bankruptcy Amendments and Federal Judgeship Act of 1984," "Chapter 7 Proceedings from the Trustee's Perspective," "When and How Creditors Can Exercise the Right of Setoff," "Avoidance Powers §544 and §522(f)," "Preparing for Bankruptcy: A Practical Guide, "Retirement Plans, IRA's, Keogh Plans and Spendthrift Trusts," "Consumer Bankruptcy Valuation Issues," Valuation of Business Assets in Chapters 7, 11, 12 and 13,M DIP Attorney for the First Chapter 11 Symposium, "The Chapter 11 Adventures of a N.C. Textile Manufacturer";

National Conference: National Association of Bankruptcy Trustees, Annual Conference 1991, Topic: "Insider Through Control"; Annual Conference 1994, Topic: "Trustee Issues"; Annual Conference 1998, Topic: "Tenants by the Entirety: Joint Claims, One Debtor; Liquidation and Payment Issues";

Turnaround Management Association 1998 Conference Topic: "Valuation/Confirmation Testimony"; Turnaround Management Association 1999 •Conference Topic: "How to Handle Yourself in Court: What Judges and Attorneys Expect"
 
C. Teaching Positions:

Charles M. Ivey, III taught two semesters (part-time position) of business law at North Carolina A&T State University. He has lectured on bankruptcy law and insolvency proceedings at Wake Forest University School of Law, North Carolina A&T State University, the University of North Carolina at Greensboro (both graduate and undergraduate levels), Guilford College, and at Guilford Technical Community College.

D. Authorship:

(1) Initial contributing author to North Carolina Bankruptcy Practice Manual,
(2) Contributing author to Law Practice Handbooks, Inc., Commercial Litigation in North Carolina,
(3) Co-author for NAB Talk, Fall 1998, "Tenants by the Entirety, Joint Claims, One Debtor-Liquidation and Payments Issues,"
(4) Contributing author to Articles relating to Bankruptcy Issues for Disclosure Statement.

E. Committee Positions:

Council member for Bankruptcy Section 1982-1984, 1998-2000, Bankruptcy Section Continuing Legal Education Committee 1983-1984, Member of Bankruptcy Law Specialization Committee 1998-2003.

F. Specialization:

Recognized by the North Carolina State Board of Legal Specialization as a Certified Specialist in Business and Consumer Bankruptcy Law since 1995.