Adams and Reese LLP
Richard 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, Richard has a nationwide reputation for solid counsel in the field of C&I.
As one of the firm’s principal bankruptcy attorneys, Richard represents clients in difficult financial matters. He also provides counsel to lenders for complex commercial transactions and internal policies. In 1992, he became the first lawyer in Alabama to become certified as a specialist in Business Bankruptcy by the American Board of Certification.
His significant contributions and honors include:
On the state level, Richard 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, Richard established and served as co-chair of the Ethics Committee of the American Bankruptcy Institute (1999-2005), and he also served as Vice Chair of the ABI's National Ethics Task Force. He also is served as a director and member of the Standards Committee of the American Board of Certification. In 1992, he became the first lawyer in Alabama to become certified as a specialist in business bankruptcy by the American Board of Certification. In 1999, Richard was inducted as a fellow in the American College of Bankruptcy and currently serves as a senior director of the College Foundation, Chair of the Development Committee, and member of the Pro Bono Committee. He is a frequent writer and lecturer on bankruptcy and commercial law topics.
Before attending law school, Richard served eight years as an officer in the United States Army Field Artillery, including two tours in Vietnam. He admires his wife, an Episcopal priest, and two adult daughters (the older of whom also is ordained) “for their dedication to the dignity of every human being.” In his free time, Richard enjoys golf, travel, public service, a variety of spectator sports and reading non-fiction — especially history.