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David K. Liggett, Esq.
David K. Liggett, Esq.
RAGSDALE LIGGETT PLLC
(919) 881-2209
dbo.fn jc Profile(vBoNetContact.ID)
Profile
David K. Liggett, Esq.
RAGSDALE LIGGETT PLLC
2840 Plaza Place, Suite 400 Raleigh, NC 27612
(919) 881-2209
(919) 783-8991
P.O. Box 31507 Raleigh, NC 27622
Phone: (919) 971-2211
Regulatory Cnsl Mbr
Business Transactions, Legislative, Litigation, Regulatory
North Carolina
Bio
David is the firm’s managing partner who also leads the business law department. David provides clients with practical day-to-day counsel on business matters. His practice is focused on business law, corporate mergers and acquisitions and insurance regulatory law. David represents businesses of all sizes in matters ranging from entity selection and formation to contract drafting and negotiation to mergers and acquisitions. He represents insurance companies with licensing, compliance and other issues before the North Carolina Department of Insurance. David is one of only two lawyers in the State of North Carolina who has earned membership into the Federation of Regulatory Counsel, a multi-national association of lawyers who have significant experience in the practice of insurance regulatory and corporate law. David has also served as general counsel to the North Carolina Surplus Lines Association since 2004.

Experience Highlights
Examples of recent mergers and acquisitions transactions ranging from $1 million to $100 million include the representation of:
 
– seller corporation and individual family members in the sale of the stock of a large building supply company to a rollup buyer, including the sale of commercial property by related limited liability companies and the filing of federal Hart-Scott-Rodino notification documents. 
 
– buyers in connection with the purchase of the stock of a local construction and demolition debris landfill. 
 
– buyer in the purchase of a North Carolina manufacturing subsidiary of a large company divesting itself of the subsidiary line of business, including the formation of the purchasing entities, preparation of the joint venture operating documents and related real estate holding companies.
 
– buyer in the expansion of manufacturing operations including the purchase of operating facilities in Wisconsin.
 
– buyer in the purchase of the stock of an insurance company subsidiary (and several related companies) from a publicly traded seller, including the filing of Hart-Scott-Rodino notification documents.
 
– seller of an automobile collision center with multiple locations, including related real property sale and lease transactions. 
 
– members of a large reinsurance intermediary, brokerage and capital market services company in the sale of all of the company assets. 
 
– owner of an established insurance brokerage business in the merger with a regional broker. 
 
– insurance holding company buyer in the purchase of a large property and casualty insurance company from a publicly traded seller, including the purchase of related subsidiary companies and the filing of federal Hart-Scott-Rodino notification documents.
 
– buyer in the purchase of several waste transfer stations. 
 
– seller of several dry cleaning businesses to various buyers over a period of several years. 
 
– buyers and sellers in connection with various medical, dental and veterinary practices.
 
– insurance holding company buyer of a Texas specialty lines insurance company.

Practice Areas
Administrative Litigation
Asset and Stock Sales & Purchases
Business Counsel
Business Disposition
Buy-Sell Agreements
Corporate Governance
Debt Financing
Entity Formation
Insurance/Regulatory
Mergers & Acquisitions
Officer & Director Representation
Succession Planning

Publications & Presentations
David is a frequent contributor of insurance law topics and regulations published by the Federation of Regulatory Counsel. 
He has been a guest lecturer at University of North Carolina Dental School – “Purchase and Sale of Dental Practice and Associate Contracts and Commercial Leasing”

Education
Virginia Episcopal Preparatory School
  Lynchburg, Virginia 1983
UNC at Chapel Hill, B.S 1988
UNC at Chapel Hill School of Law, J.D. 1995
Admissions
Bar Admission
State of North Carolina 1995

Court Admissions
U.S. District Courts: Eastern, Middle
 and Western Districts
North Carolina State and Federal Courts
Supreme Court of the United States

Professional Affiliations
North Carolina Bar Association
Wake County Bar Association - Business Law Section member
Federation of Regulatory Counsel (FORC), Chairman & President, Director at Large

Civic Affiliations
Delta Waterfowl Foundation, former area Chairman 
The Salvation Army Community Center, Raleigh, NC, Advisory Board 2011-present
Make A Wish Foundation, Legal Review Committee 2004-05
Christ Episcopal Church, Finance Committee Member, 2007-10
Terpsichorean Club of North Carolina, Chairman 2002
Sphinx Club 
Milburnie Fishing Club, former Director

Honors & Awards
2014-15 SuperLawyers® list for Corporate/Business Law
Named Legal Elite in Corporate Law by Business North Carolina Magazine
Best Lawyers in America® 2013, 2014, 2015 for Insurance Law 
LexisNexis® Martindale-Hubbell® AV Preeminent® Peer Review Rated 
The Bar Register of Preeminent Lawyers 
Named “Movers & Shakers” by Business Leader Magazine, 2008

Published Articles

Published Alerts

TitlePublish Date
North Carolina Rate Bureau Seeks Increase For Property Insurers10/1/2012
North Carolina Allows Public Comment On All Property Insurance Rate Filings8/1/2012
North Carolina Senate Bill 647 Authorizes Domestic Mutual Insurance Holding Companies6/1/2012
North Carolina Insurance Commissioner Orders Activation of Disaster Mediation Program10/1/2011

Positions in FORC

CommitteePosition
OfficersVice President10