David P. Parker

With nearly 45 years of legal experience in Iredell County, David Parker has cultivated a diverse range of skills, tackling everything from complex business mergers to high-stakes litigation. While his expertise extends across various legal domains, including governance, land use, and finance, he has developed a particular focus on business creation and planning. His legal prowess has been tested in prestigious appellate courts such as the Fourth Circuit Federal Court of Appeals and the North Carolina Supreme Court.

Notably, David serves as the General Counsel for Langtree at the Lake, a remarkable 400-acre development boasting four miles of shoreline along Lake Norman. In this role, he has been instrumental in securing and finalizing HUD underwritten and conventional loans, private equity investments, and special assessment bonds.

Beyond business matters, David's practice encompasses a wide array of legal challenges, ranging from complex equitable distribution family law cases to defending communities against environmentally hazardous developments. He is known for his commitment to ensuring justice and protecting the interests of his clients.

While his expertise covers various areas, he currently focuses primarily on business creation and planning, business internal governance, complex civil litigation, and land use and finance. David's legal practice has spanned across North Carolina from Wilmington to Asheville and in different states, including Georgia, Virginia, South Carolina, Maryland and Mississippi, as well as North Carolina, Tennessee and Delaware corporations. He has handled appellate cases with the Fourth Circuit Federal Court of Appeals in Richmond, Virginia and the North Carolina Supreme Court.

His practice also involves addressing complex equitable distribution family law matters, catastrophic workers' compensation injuries, and defending neighborhoods against environmentally hazardous development.

With over four decades of experience in commercial litigation, David currently has pending cases in both the NC Business Court and Federal Court pertaining to business disputes. He notably served as lead counsel in a three-week jury trial, resulting in a substantial award of nearly $3 million, which was trebled and his client awarded attorney fees due to the circumstances of the case.

Regarding commercial transactions, David has facilitated real estate deals involving the creation of real estate LLCs and financing for projects including two major multi-family projects totaling $65 million and $116 million respectively. His involvement encompasses all aspects of the transaction, including the preparation of HUD 221(d)(4) documentation, Private Placement Memos and amendments, Operating Agreements, Condominium Declarations, and Special Assessment Bonds. He has even lobbied the Local Government Commission to modify its regulations to enable the issuance of such bonds. David has also successfully obtained Obama-era Special Bonds for clients and has represented businesses in securing PPP and EIDL Loans, as well as "conventional" Section 7(a) SBA loans, while managing the collateralization process for such loans.

Furthermore, David serves as the attorney for a CoWorking LLC that sublets 25,000 square feet of flexible workspace in Charlotte. He has drafted and revised all the necessary leases, membership agreements, and financial documents related to the business. Additionally, he handles collections work as needed, negotiates ongoing rent agreements and extensions, and oversees other related matters.

Currently, David is representing multiple lakefront lot owners before the NC Supreme Court in a case determining the respective rights of lakefront lot owners, as well as servient and dominant estate owners, regarding the regulation and utilization of hydroelectric lake waters and the lakebed.

David's dedication to the community is equally commendable. He has held prominent leadership positions, such as Chairman of the Board of Mitchell Community College and an elected Member of the Iredell-Statesville School Board. Additionally, he has served as the Moderator of Salem Presbytery in the Presbyterian Church (USA).

David's active involvement in politics is evident through his role as Chair of the North Carolina Democratic Party in 2012, a significant responsibility considering the state's hosting of the National Convention that year. Furthermore, he has managed multiple political campaigns, including U.S. Senator Terry Sanford's Re-election Campaign in 1992.

Education-wise, David's accomplishments are impressive. He graduated Phi Beta Kappa from the University of North Carolina at Chapel Hill in Economics and went on to obtain his law degree from the esteemed UNC School of Law, earning a seat on the Moot Court Bench and teaching legal research.

Outside of his professional life, David shares a fulfilling personal life with his wife, Sally, who is a Realtor with Lake Norman Real Estate. Their enduring marriage of over 40 years has blessed them with three children and five grandchildren. Interestingly, David is Screen Actors Guild eligible having had a credited speaking role in The Stoning in Fulham County: The Amish Story with Brad Pitt.

Overall, David Parker's legal career exemplifies excellence and versatility. His extensive experience, notable achievements, and unwavering dedication to his clients and community position him as a highly respected figure in Iredell County's legal landscape.