James H. Frazier III

Mr. Frazier is the Managing Member of the firm, a position he has held for the past 18 years. Mr. Frazier's practice focuses on real estate, bankruptcy, mergers and acquisitions and general corporate practice with special emphasis on mineral and energy law. Mr. Frazier has extensive experience in coal transactions (including leases, permitting, coal sales contracts, asset purchases, equity interest transactions, transportation agreements, overriding royalty agreements, consulting contracts, and contract mining agreements). In addition to his law practice, Mr. Frazier also serves as the Master Commissioner of the Fayette Circuit Court. Prior to being appointed Master Commissioner, Mr. Frazier held the office of Chief Deputy Master Commissioner of the Fayette Circuit Court from 1992-2008. In 2011, Mr. Frazier was appointed by Lexington Vice Mayor Linda Gorton to the Redistricting Committee to examine the 2010 United States Census numbers for Fayette County and recommend new Council District boundary lines based on the new population.

In 2009, Mr. Frazier was appointed as Assignee/Trustee for the Benefit of Creditors (ABC) of a large multi-company coal corporation. The ABC was subsequently converted to a Chapter 11 Bankruptcy proceeding, and Mr. Frazier was appointed by the Court as Chief Liquidation Officer on behalf of the Debtor in that action. Mr. Frazier was successful in the disposal of the majority of the Debtor's assets, as well as significantly reducing the Debtor's reclamation liabilities in excess of $50,000,000 associated with its coal mining activities in two states.

In the past few years, Mr. Frazier has represented several national student housing developers in the acquisition and development of real estate for projects located in Lexington and Louisville, Kentucky, West Virginia and South Carolina. These projects included Mr. Frazier's assistance from the beginning with acquisition of real estate, re-zoning of property and development plan approval through the successful lease negotiations with railroad companies, allowing the developers to provide pedestrian bridge access across railroad property to college campuses from the student housing facilities.

Transactions:

• Florida Tile Corporation Purchase - $11,450,000
• S & S Tire Bond Issue - $10,908,563
• Newtown Crossing Development - $34,000,000
• University of Louisville Student Housing Development - $40,000,000
• Appointed as Assignee/Trustee in Assignment for Benefit of Creditors of large multi-company coal corporation; Court appointed Chief Liquidation Officer for Appalachian Holding Company, Inc., a Chapter 11 Bankruptcy liquidation of coal companies in two states.
• Negotiated the acquisition and leasing of substantial properties with CSX and Northern Southern Corporation.
• Represented Appalachian Fuels in connection with the sale of 14 coal mining companies.
• Represented LDH Energy and affiliates in connection with the purchase of coal processing and loading facilities in Kentucky. Negotiated the acquisition of related railroad properties.
• Represented a large regional coal mining company in connection with the sale of $50,000,000 in coal properties and related assets in multiple states.