Ashley H. Story

Partner

Managing Partner - Raleigh Office
Practice Group Leader

Raleigh
New York
Business Phone: 919.835.4103; 212.704.6201
Business Fax: 919.829.8700

ashley.story@troutmansanders.com

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Ashley is the Managing Partner of the Raleigh office of Troutman Sanders. His practice focuses on the development, construction, permitting, acquisition and sale of retail, industrial and office property. Ashley also serves as the practice group leader of the firm’s Retail Properties Practice Group. The group includes over thirty attorneys in New York, Richmond, Virginia Beach, Atlanta, San Diego, Orange County and Raleigh.

Representative Experience
Represented purchaser in acquisition and development of multiple shopping centers totaling $250,000,000

Counsel to national retailer in the acquisition and development of over one hundred new locations and expansions

Represented developer in the acquisition and development of marinas in the Southeast

Counsel for international company in its acquisition of port facility

Represented multinational corporation in securing North Carolina Jobs and Tax Incentives

Represented Power Center in dispute with architect regarding negligent design and construction

Represented multiple large real estate developers in successful non-judicial workout and restructuring of loan facilities collectively totaling $900,000,000

Secured special and conditional use permits for real estate projects in more than twenty counties and municipalities

Debtor’s counsel for successful Chapter 11 reorganizations including a regional shopping mall in Virginia, multi-state healthcare provider in Southeast, apartment complexes in North Carolina and the District of Columbia, regional restaurant chain, multi-state construction company and a combined use development on the Outer Banks of North Carolina totaling over 20,000 acres

Represented Unsecured Creditor's Committees in successful recovery of preferences claim against Fortune 500 company based on "insider" of an "insider" claim

Lender’s counsel for mezzanine finance provider in Chapter 11 filings for automotive parts distributor and discount department store chain

Represented secured lender in Chapter 11 regarding coastal multifamily properties

Public Service
Downtown Raleigh Alliance

Conservation Trust for North Carolina

Jobs for Life

North Carolina Museum of History Associates

American Friends of the London School of Economics

Campaign for Raleigh

Peace College Advisory Council

Other Distinctions
Selected for inclusion in the 2009 and 2010 Law & Politics’ Super Lawyers, Corporate Counsel Edition.

Selected as a Super Lawyer in Real Estate Transactions in the 2006-2010 editions of North Carolina Super Lawyers, published by Law & Politics and Charlotte Magazine

Selected as a Super Lawyer in Land Use/Zoning in 2008-2010 editions of North Carolina Super Lawyers, published by Law & Politics and Charlotte Magazine

Selected for inclusion in Best Lawyers in America for Land Use and Zoning (2010-2011) and Real Estate Law (2011)

Selected as Business Leader Real Estate Lawyer by Business Leader Magazine for 2009

Named to the Legal Elite in Business Bankruptcy by Business North Carolina Magazine

Work Experience
Managing Partner of the firm’s Raleigh office, 2003-present
Smith, Debnam, Narron Wyche Story & Myers, 1986-2003

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Education

  • The London School of Economics and Political Science, LL.M., 2000
  • The School of Oriental and African Studies (SOAS), 2000
  • Emory University, LL.M., Taxation, with Honors, 1985
  • Campbell University, J.D., Cum Laude, 1982
  • Wake Forest University, B.A., 1978


Bar Admissions

  • North Carolina
  • New York


Court Admissions

  • U.S. District Court for the Eastern District of North Carolina
  • U.S. District Court for the Middle District of North Carolina
  • U.S. District Court for the Western District of North Carolina
  • United States Supreme Court
  • U.S. Court of Appeals for the Fourth Circuit
  • U.S. Tax Court
  • U.S. Claims Court


Memberships

  • Wake County Bar Association
  • North Carolina Bar Association, Real Property and Bankruptcy Sections
  • American Bar Association
  • American Bankruptcy Institute, Real Estate Committee
  • International Council of Shopping Centers
  • Certified Specialist in Business Bankruptcy by North Carolina State Bar