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Margaret R. Westbrook

Fax +1.919.516.2011
Fax +1.704.331.7598
Ms. Westbrook is a partner in the Raleigh office and has two distinct areas of practice: restructuring and insolvency and campaign finance. Currently serving as the U.S. practice group coordinator for the restructuring and insolvency practice group within the firm, she represents and litigates for secured and unsecured creditors in restructuring and insolvency matters both in and out of the state and federal courts in North Carolina, and in other jurisdictions including New York and Delaware. Ms. Westbrook advises transactional clients with respect to insolvency risks and debt restructuring. She represents purchasers and sellers of debt and assets from financially distressed companies in a variety of structures, including foreclosure sales, Article 9 sales and Chapter 11 Section 363 sales. She has extensive experience with agricultural cases, including Chapter 12 proceedings, and with healthcare insolvency issues both in and outside of formal insolvency proceedings.

Ms. Westbrook also advises corporations and trade associations on matters relating to the regulation of corporate political activity, including the formation and administration of state and federal political action committees, campaign finance regulations and gift laws. She formerly represented clients in the North Carolina General Assembly and currently advises clients regarding the development of political compliance programs.

Professional Background

Prior to joining the firm, Ms. Westbrook served as law clerk to the Honorable J. Rich Leonard, Judge of the United States Bankruptcy Court, Eastern District of North Carolina, 1996-1998. She works from the Raleigh, Research Triangle Park and Charlotte, North Carolina offices.


  • Chambers USA: America's Leading Business Lawyers, Bankruptcy/Restructuring, 2015-2020
  • Best Lawyers in America, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2019-2020
  • Legal Elite, Business North Carolina Magazine, Bankruptcy Law, 2012-2015, 2017-2019
  • Triangle Business Journal, Women in Business Award, 2007

Professional/Civic Activities

  • United States Bankruptcy Court for the Eastern District of North Carolina, Local Rules Committee (2000-present), Chair (2010-present)
  • North Carolina State Bar, Ethics Committee (2010-2013)
  • North Carolina Bar Association
    • Seminar Committee Co-Chair (2019-present)
    • Seminar Committee Member (2005-2009, 2013-present)
    • Legislative Committee Chair (2008-present)
  • Wake County Bar Association (Grievance Committee, 2006-2009; Professionalism Committee Member, 2002-present)
  • Turnaround Management Association-- Carolinas Chapter Board Member (2015-present)
  • Eastern Bankruptcy Institute Board Member (2016-present)
  • American Bankruptcy Institute Southeastern Advisory Board Member (2016-present)
  • Coach for Campbell Law School Conrad B. Duberstein Moot Court Team (2014-2019)

Speaking Engagements

  • "Rescuing Hospitals from the Emergency Room," 23rd Annual Southeast Bankruptcy Workshop, American Bankruptcy Institute, July 2018
  • "Loose Lips Sink Ships, Top Ten Ways to Lose the Attorney Client Privilege," Sixth Annual Under the Wire CLE, February, 2018
  • “Agricultural Security Interests and Priority,” American Agricultural Law Conference, October 2017
  • “Fundamentals of Law Practice Management,” Eastern Bankruptcy Institute, June 2017
  • “Hot Ethics Topics for Bankruptcy Lawyers,” Eastern Bankruptcy Institute, June 2011, 2012, 2014-2016
  • “Election Year Bootcamp – Is your organization in shape for the 2016 race?,” K&L Gates “Under the Wire” CLE Seminar, February 2016
  • “Confirmation Issues in Municipal Bankruptcies,”  Moderator, Campbell Law School Symposium, October 2014
  • Independent Expenditure Workshop planner, Associations Executives of North Carolina, January 2014

Additional Information

  • Appeals Chapter of the North Carolina Bankruptcy Practice Manual, Eighth Edition, North Carolina Bar Association, 2018
  • School Finance Litigation Comes to North Carolina, Comment, 73 North Carolina Law Review 2123, 1995
  • Represented secured and unsecured creditors in collection and bankruptcy matters, foreclosures and all phases of the workout and restructuring process, involving secured credits of up to $ 300 million.
  • Represented and advised clients on insolvency issues in asset purchases up to $ 500 million in bankruptcy courts across the country.
  • Represented major North Carolina healthcare system in acquisition of distressed hospital in Section 363 sale.
  • Represented private equity lender in a complex Article 9 sale of a going concern manufacturing facility transaction
  • Represented a variety of corporations in commercial disputes in state and federal courts,  involving real estate issues, UCC issues, personal and real property lien priority disputes, lender liability claims, contract litigation and in adversary proceedings in bankruptcy courts.
  • Represented a major financial institution with administration of multiple federal and state political action committees and development of comprehensive political compliance program.
  • Represented corporations and trade associations  on a wide variety of campaign finance and ethics issues involving corporate political activity, lobbying restrictions, and government contracting, including advising clients on ethics and campaign finance violations, the formation of political action and independent expenditure committees,  reporting requirements for lobbyists, campaign contributions and independent expenditures, and compliance with gift laws and pay to play disclosure requirements and regulations.