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Attorneys

Contact Information

411 East Franklin Street
Suite 600
Richmond, Virginia 23219-2200
(804) 697-2041
(804) 697-2141 (fax)
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Current Employment Position(s):

Of Counsel

Areas of Practice:

  • Commercial Real Estate
  • Conservation and Mitigation Banking
  • Commercial Lending and Leasing
  • Business Formation
  • Contracts
  • 1031 Tax Deferred Exchanges
Deborah Kelley Fourness

Debbie Fourness joined Spotts Fain in December 2008.  She practices in the Business Section of the firm, representing lenders and borrowers in commercial real estate and commercial financing transactions, land use and development.  She also represents mitigation banking organizations from entity formation, through the regulatory and governmental approval, credit sales, monitoring and compliance processes.

Debbie was admitted to the Virginia Bar in 1987.  She received her A.B., Government 1978 from the College of William and Mary and her J.D. from Wake Forest University in 1987.  

Before joining Spotts Fain, Debbie was associated with Parker, Pollard and Brown; LeClair Ryan and Williams Mullen law firms in Richmond and Coudert Brothers in Singapore.  She also worked in house with LandAmerica Financial Group and Albright & Wilson Americas.  Debbie was also a business owner herself, starting, owning, operating and eventually selling a specialty retail business. 

Debbie's experience includes:

  • Representing local and regional developers and builders in real estate matters, including land use, rezoning, subdivision, historic rehabilitation and tax credit projects, redevelopment residential, industrial and office/retail projects, and mixed-use projects.
  • Representing landowners in conservation projects and mitigation bank creation and operation.
  • Representing developers in creation of condominiums, including conversions and mixed-use projects.
  • Representing small and mid-sized businesses, corporations, limited liability companies, partnerships and associations, including condominium and homeowner associations, in formation, governance, commercial transactions, and asset acquisition and divestiture matters.
  • Representing companies in contract matters, including long-term supply and distribution agreements, plant purchase and sale, confidentiality and joint venture agreements.
  • Representing commercial landlords and tenants in lease and ground lease transactions.
  • Representing buyers and sellers in 1031 tax deferred exchanges.
  • Representing local, national and international financial institutions in commercial, asset based and real estate transactions and in workouts and restructuring of loans, including bond finance transactions.

     

  • Education:
    • Wake Forest University School of Law, Winston Salem, North Carolina, 1987
      J.D.

    • College of William and Mary, 1978
      A.B., Government

    August 20, 2010 - Michael Yager, a Legal Assistant in our Litigation Section, will speak at a NALA LIVE! presentation on electronic discovery, "E-Discovery - Slow Down the Train" 

    January 27, 2010 - We are proud to announce that Spotts Fain Managing Director, Hugh M. Fain, III has been elected Chair of the Board of Governors of the Virginia Bar Association

    December, 2009 - Spotts Fain congratulates our shareholders named in the 2009 Legal Elite list published by Virginia Business magazine.  They are Meade Spotts, Legislative/Regulatory; Hugh Fain, Civil Litigation; Betsy Davis, Labor and Employment; and Dana McDaniel, Intellectual Property. 

    December 1, 2009 - Sexual Orientation and Gender Identity Discrimination - article by Betsy Davis

    October 29, 2009 - Betsy Davis spoke on Recent Changes in Employment Law at the 2009 Annual Meeting of the Virginia Association of Defense Attorneys

    October 27, 2009 - Spotts Fain presented, Commercial Landlords and Tenants: Planning for and Dealing with Bankruptcy, presenters were Jen West and John Anderson

    October 26, 2009 - Comments on President Obama's proposal to increase lending limits on SBA loans, by Tom O'Brien

    October 21, 2009 - GINA is Coming - Genetic Information Nondiscrimination Act - article by Betsy Davis

    Spotts Fain Consulting