F. B. Webster Day
Member | Chair, Banking and Finance Practice Group
Roanoke, VA
office 540.512.1802
mobile 540.354.8488
  • Overview
  • Services
  • Distinctions
  • Admissions
  • Memberships
  • Community Involvement
  • Resources
  • Results

Mr. Day's primary areas of practice are commercial and public finance and commercial transactions.


  • University of Virginia, B.A. with high distinction, 1976
  • University of Virginia, J.D., 1979


  • Representing lenders and borrowers in asset-based lending, revolving loan and term loan credit facilities
  • Serving as lender's counsel on real estate acquisition, development and construction loans for residential, commercial and industrial facilities
  • Counseling in working capital financings and restructuring of troubled loans secured by real and personal property
  • Representing buyers, sellers, lessors and lessees of commercial and industrial real estate
  • Negotiating, preparing and reviewing transactional and financing documents and performing due diligence in stock and asset acquisitions and dispositions
  • Serving as bond counsel to Virginia localities and authorities on tax-exempt and taxable bond issues
  • Serving as issuer and bond counsel on industrial development revenue bond financings
  • Serving as general counsel to industrial development authorities and water and sewer authorities
  • Preparing ordinances, resolutions, organization documents and service agreements in connection with the formation of regional water authorities
  • Negotiating and preparing incentive and performance agreements between localities and industrial or commercial prospects
  • Drafting corporate bylaws, minutes and resolutions, and advising corporate entities regarding governance matters
Banking & Finance Law Commercial Lending Construction Law Corporate & Business Law Public & Project Finance Real Estate Tax Credits Technology


  • Named one of Virginia's 2021 "Go To Lawyers" for business law by Virginia Lawyers Weekly
  • Named the Best Lawyers® "Lawyer of the Year" for Corporate Law in Roanoke, Va., 2020
  • Named the Best Lawyers® "Lawyer of the Year" for Public Finance Law in Roanoke, Va., 2017, 2013
  • Listed in The Best Lawyers in America in the areas of Public Finance Law and Corporate Law


  • Virginia State Bar


  • Virginia Bar Association
  • Roanoke Bar Association
  • National Association of Bond Lawyers

Community Involvement

  • Roanoke City School Board, 1997 - 2000, 2001 - 2002
  • Chair, Roanoke Regional Chamber of Commerce, 2015
Promissory Notes - Banking & Finance Insights, Issue 8 Promissory Notes - Banking & Finance Insights, Issue 7 Promissory Notes - Banking & Finance Insights, Issue 6 Promissory Notes - Banking & Finance Insights, Issue 5 Promissory Notes - Banking & Finance Insights, Issue 3 Promissory Notes - Banking & Finance Insights, Issue 2 Promissory Notes - Banking & Finance Insights, Issue 1 Spilman Member Day Named "Go To Lawyer" for Business Law 64 Spilman Attorneys Recognized by Best Lawyers COVID-19 Update: New Critical Guidance on PPP Loan Forgiveness Agricultural Lending Institution Closes $5M+ Credit Facility