Hugh B. Wellons
Co-Chair, Community Banking Group | Member
Roanoke, VA
office 540.512.1809
mobile 540.588.7357
  • Overview
  • Services
  • Distinctions
  • Admissions
  • Memberships
  • Publications & Presentations
  • Resources
  • Results

Mr. Wellons’s primary areas of practice are corporate law, banking and finance law, securities, and biotechnology law. He also co-chairs the community banking practice group.


  • Duke University, B.A., 1978
  • Duke University, Fuqua School of Business, M.B.A., 1979
  • Washington & Lee University, J.D., 1987


  • Counseling a large variety of businesses, including large public companies, small closely-held businesses and financial institutions
  • Advising clients on matters such as corporate governance, mergers and acquisitions, securities and regulatory compliance, and biotechnology
  • Handling mergers and acquisitions, securities filings, regulatory compliance and corporate governance issues for community banks in Virginia, North Carolina and West Virginia
  • Serving as lead counsel on approximately 10 initial public offerings, 5 secondary public offerings, 20 acquisitions by larger companies and 10 private offerings
  • Serving as lead counsel on approximately 15 financial institution mergers
  • Serving as lead counsel on regulated industry transactions, including transactions in energy and financial sectors
  • Preparing Hart-Scott-Rodino filings and other anti-trust filings for the Department of Justice
Banking & Finance Law Community Banking Corporate & Business Law Mergers & Acquisitions Securities Tax Credits


  • Recognized by The Best Lawyers in America® as "Lawyer of the Year" 2012 and 2016 in Roanoke, Va. in Banking and Finance Law
  • Recognized by The Best Lawyers in America® as “Lawyer of the Year” 2014 and 2017 in Roanoke, Va. in Financial Services Regulation Law
  • Nominated by his peers for inclusion in The Best Lawyers in America® in the areas of Banking and Finance Law, Biotechnology Law, Financial Services Regulation Law and Securities/Capital Markets Law


  • Virginia State Bar


  • Virginia Bar Association
  • Virginia State Bar
  • American Bar Association Section of Science and Technology, past chair
  • American Bar Association Section of Science and Technology, Life Science Division, immediate past chair
  • American Bar Association Committee on Biotechnology, past chair
  • Frequent lecturer on corporate matters, including corporate governance, securities law, strategic transactions, business formation, exit strategies, venture capital and other funding concerns, and biotechnology

Publications & Presentations

  • Senior editor and author of ABA book, Biotechnology and the Law: A Primer
66 Spilman Attorneys Recognized by Best Lawyers Federal Reserve Board Publishes SOFR as a Replacement for LIBOR Money for Your Business: Who You Play With & How You Protect Yourself Community Financial Institutions "Trolled" for Website Accessibility Community Financial Institutions “Trolled” for Website Accessibility 7 Spilman Attorneys Recognized as “Lawyers of the Year” 2017  62 Spilman Attorneys Recognized by Best Lawyers 2017 Chief Financial Officers Focus on Today and the Future: An Interview  Looking Back, Looking Forward – A 2015 Retrospective and 2016 Predictions Community Banking Excellence: Fourth Quarter 2015 Biotech Startup Gets $10M in Funding