<PAGE>

         AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON AUGUST 17, 2001
                                            REGISTRATION STATEMENT NO. 333-
================================================================================
                      SECURITIES AND EXCHANGE COMMISSION

                                   FORM S-8
                            REGISTRATION STATEMENT
                                     UNDER
                          THE SECURITIES ACT OF 1933
                             _____________________

                        STANDARD COMMERCIAL CORPORATION
            (Exact name of registrant as specified in its charter)

               NORTH CAROLINA                                 13-1337610
       (State or other jurisdiction                       (I.R.S. Employer
     of incorporation or organization)                   Identification No.)

                               2201 Miller Road
                         Wilson, North Carolina  27893
                                (252) 291-5507
  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

                2001 PERFORMANCE IMPROVEMENT COMPENSATION PLAN
                           (Full title of the plan)

                              ROBERT E. HARRISON
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                        STANDARD COMMERCIAL CORPORATION
                               2201 MILLER ROAD
                         WILSON, NORTH CAROLINA  27893
                                (252) 291-5507
(Name, address, including zip code, and telephone number, including area code,
                             of agent for service)

                                  COPIES TO:
                           DONALD R. REYNOLDS, ESQ.
                       WYRICK ROBBINS YATES & PONTON LLP
                       4101 LAKE BOONE TRAIL, SUITE 300
                         RALEIGH, NORTH CAROLINA 27607
                                (919) 781-4000
                              FAX (919) 781-4865

                             _____________________

                        CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
======================================================================================================================
     Title of Each Class                            Proposed Maximum      Proposed Maximum
      of Securities to            Amount to be       Offering Price      Aggregate Offering         Amount of
        be Registered          Registered (1) (3)     Per Share(2)            Price(2)         Registration Fee (3)
----------------------------------------------------------------------------------------------------------------------
<S>                            <C>                  <C>                  <C>                   <C>
         Common Stock,           829,567 shares          $17.605            $14,604,527.04          $3,300.94
  $0.20 par value per share
======================================================================================================================
</TABLE>

(1)  The amount of shares registered consists of 829,567 shares under the 2001
Performance Improvement Compensation Plan.  In addition, pursuant to Rule 416
under the Securities Act of 1933, this Registration Statement also covers (a) an
indeterminable number of shares that may be offered and issued pursuant to stock
splits, stock dividends or similar transactions, and (b) an indeterminable
amount of interests to be offered or sold pursuant to the 2001 Performance
Improvement Compensation Plan.

(2)  Estimated solely for the purpose of calculating the registration fee, based
upon the average of the high and low prices of the Common Stock on the New York
Stock Exchange on August 15, 2001, in accordance with Rule 457(c).

(3)  Pursuant to Rule 457(b) the amount of the registration fee is based upon
the registration of 750,000 shares, as the registration fee for 79,576 shares
was previously paid in connection with the registration of such shares on Form
S-8 (File No. 333-59760).

================================================================================
<PAGE>

                                    PART I
             INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

ITEM 1.   PLAN INFORMATION*

ITEM 2.   REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION*

* The documents(s) containing the information specified in Part I of Form S-8
have been or will be sent or given to employees as specified by Rule 428(b)(1)
under the Securities Act of 1933, as amended.


                                    PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.   INCORPORATION OF DOCUMENTS BY REFERENCE

     The following documents heretofore filed by Standard Commercial Corporation
(the "Company") with the Securities and Exchange Commission (the "Commission")
are incorporated herein by reference:

     (1)  The Company's Annual Report on Form 10-K for the fiscal year ended
March 31, 2001, filed pursuant to Section 13 of the Securities and Exchange Act
of 1934, as amended (the "Exchange Act");

     (2)  The Company's Quarterly Report on Form 10-Q for the quarter ended June
30, 2001, filed pursuant to Section 13 of the Exchange Act;

     (3)  The Company's Amended and Restated Proxy Statement filed on July 16,
2001 pursuant to Section 14(a) of the Exchange Act;

     (4)  The Company's Current Report on Form 8-K, filed pursuant to Section 13
of the Exchange Act on April 10, 2001; and

     (5)  The description of the Company's common stock contained in the
Company's Registration Statements filed pursuant to Section 12 of the Exchange
Act, as amended from time to time.

     All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or
15(d) of the Exchange Act after the date hereof and prior to the filing of a
post-effective amendment that indicates that all securities offered under this
registration statement have been sold or that deregisters all securities then
remaining unsold shall be deemed to be incorporated by reference herein and to
be a part hereof from the date of filing of such documents.

     Any statement contained in a document incorporated by reference herein
shall be deemed to be modified or superseded for purposes hereof to the extent
that a statement contained herein (or in any other subsequently filed document
that also is or is deemed to be incorporated by reference herein) modifies or
supersedes such statement.  Any statement so modified or superseded shall not be
deemed to constitute a part hereof except as so modified or superseded.

ITEM 4.   DESCRIPTION OF SECURITIES

     Not applicable.  The class of securities to be offered is registered under
Section 12 of the Exchange Act.

ITEM 5.   INTERESTS OF NAMED EXPERTS AND COUNSEL

     Not applicable.

ITEM 6.   INDEMNIFICATION OF DIRECTORS AND OFFICERS

     The registrant's Articles of Incorporation and Bylaws include provisions to
(1) eliminate the personal liability of its directors for monetary damages
resulting from breaches of their fiduciary duty to the fullest extent permitted
by Section 55-8-30(e) of the North Carolina Business Corporation Act (the "North
Carolina Law"), and (2) require the Registrant to indemnify its directors and
officers to the fullest extent permitted by Sections 55-8-50 through 55-8-58 of
the North Carolina Law, including circumstances in which indemnification is
otherwise discretionary.  Pursuant to Sections 55-8-51 and 55-8-57 of the North
Carolina Law, a corporation generally has the
<PAGE>

power to indemnify its present and former directors, officers, employees and
agents against expenses incurred by them in connection with any suit to which
they are, or are threatened to be made, a party by reason of their serving in
such positions so long as they acted in good faith and in a manner they
reasonably believed to be in, or not opposed to, the best interests of the
corporation, and with respect to any criminal action, they had no reasonable
cause to believe their conduct was unlawful. The Registrant believes that these
provisions are necessary to attract and retain qualified persons as directors
and officers. These provisions do not eliminate the directors' duty of care,
and, in appropriate circumstances, equitable remedies such as injunctive or
other forms of non-monetary relief will remain available under North Carolina
Law. In addition, each director will continue to be subject to liability for
breach of the director's duty of loyalty to the Registrant, for acts or
omissions not in good faith or involving intentional misconduct or knowing
violations of law, for acts or omissions that the director believes to be
contrary to the best interests of the Registrant or its shareholders, for any
transaction from which the director derived an improper personal benefit, for
acts or omissions involving a reckless disregard for the director's duty to the
Registrant or its shareholders when the director was aware or should have been
aware of a risk of serious injury to the Registrant or its shareholders, for
acts or omissions that constitute an unexcused pattern of inattention that
amounts to an abdication of the director's duty to the Registrant or its
shareholders, for improper transactions between the director and the Registrant
and for improper distributions to shareholders and loans to directors and
officers. These provisions do not affect a director's responsibilities under any
other laws, such as the federal securities laws or state or federal
environmental laws.

     The Registrant's Bylaws require the Registrant to indemnify in directors
and officers against expenses, judgments, fines, settlement and other amounts
actually and reasonably incurred (including expenses of a derivative action) in
connection with any proceeding, whether actual or threatened, to which any such
person may be made a party by reason of the fact that such person is or was a
director or officer of the Registrant or any of its affiliated enterprises,
provided such person acted in good faith and in a manner such person reasonably
believed to be in or not opposed to the best interest of the Registrant and,
with respect to any criminal proceeding, had no reasonable cause to believe his
or her conduct was unlawful.  The Registrant's Bylaws also set forth procedures
that will apply in the event of a claim for indemnification thereunder.

     At present, there is no pending litigation or proceeding involving a
director or officer of the Registrant as to which indemnification is being
sought nor is the Registrant aware of any threatened litigation that may result
in claims for indemnification by any officer or director.


ITEM 7.   EXEMPTION FROM REGISTRATION CLAIMED

     Not applicable.

ITEM 8.   EXHIBITS

     The following exhibits are filed as part of this Registration Statement:

Exhibit No.              Description
-----------              -----------

4.1*      2001 Performance Improvement Compensation Plan
5.1       Opinion of Wyrick Robbins Yates & Ponton LLP
23.1      Consent of Deloitte & Touche, LLP, Independent Auditors
23.2      Consent of Wyrick Robbins Yates & Ponton LLP (contained in Exhibit
          5.1)
24.1      Power of Attorney (see page 4)

---------------
* See Appendix B to the Registrant's revised definitive proxy solicitation
materials dated July 16, 2001.

ITEM 9.   UNDERTAKINGS

     (a)  The undersigned registrant hereby undertakes as follows:

          (1)  To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:

               (i)  to include any prospectus required by section 10(a)(3) of
          the Securities Act of 1933;
<PAGE>

               (ii)  to reflect in the prospectus any facts or events arising
          after the effective date of the registration statement (or the most
          recent post-effective amendment thereof) which, individually or in the
          aggregate, represent a fundamental change in the information set forth
          in the registration statement.  Notwithstanding the foregoing, any
          increase or decrease in volume of securities offered (if the total
          dollar value of securities offered would not exceed that which was
          registered) and any deviation from the low or high end of the
          estimated maximum offering range may be reflected in the form of
          prospectus filed with the Commission pursuant to Rule 424(b) if, in
          the aggregate, the changes in volume and price represent no more than
          a 20% change in the maximum aggregate offering price set forth in the
          "Calculation of Registration Fee" table in the effective registration
          statement; and

               (iii) to include any material information with respect to the
          plan of distribution not previously disclosed in the registration
          statement or any material change to such information in the
          registration statement.

          (2)  That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

          (3)  To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.

     (b)  The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
related to the securities offered therein, and the offering of such securities
at the time shall be deemed to be the initial bona fide offering thereof.

     (c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer of controlling
person or the registrant in the successful defense of any action, suite or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.
<PAGE>

                                  SIGNATURES

          Pursuant to the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Wilson, State of North Carolina, on the 14th day of
August 2001.

                              STANDARD COMMERCIAL CORPORATION


                                   By:  /s/ Robert E. Harrison
                                        ----------------------
                                   Robert E. Harrison
                                   President and Chief Executive Officer

                               POWER OF ATTORNEY

          Each person whose signature appears below constitutes and appoints
Robert E. Harrison his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him and in his name, place and
stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and any related
registration statements filed pursuant to Rule 462(b), promulgated under the
Securities Act of 1933, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and necessary
to be done in and about the premises, as fully to all intents and purposes as he
might or could do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or
cause to be done by virtue hereof.

          Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.

<TABLE>
<CAPTION>
               Signature                                 Capacity                                  Date
              ----------                                ----------                                ------
<S>                                       <C>                                     <C>
/s/ Robert E. Harrison                    President, Chief Executive Officer                 August 14, 2001
---------------------------               and Director (Principal Executive
Robert E. Harrison                        Officer)


/s/ Robert A. Sheets                      Vice President and Chief Financial                 August 14, 2001
---------------------------               Officer (Principal Financial and
Robert A. Sheets                          Accounting Officer)


/s/ William S. Barrack, Jr.               Director                                           August 14, 2001
---------------------------
William S. Barrack, Jr.


/s/ Marvin W. Coghill                     Director                                           August 14, 2001
---------------------------
Marvin W. Coghill


/s/ Mark W. Kehaya                        Director                                           August 14, 2001
---------------------------
Mark W. Kehaya


/s/ Charles H. Mullen                     Director                                           August 14, 2001
---------------------------
Charles H. Mullen

/s/ J. Alec Murray                        Chairman of the Board                              August 14, 2001
---------------------------
J. Alec Murray

/s/ B. Clyde Preslar                      Director                                           August 14, 2001
---------------------------
B. Clyde Preslar
</TABLE>
<PAGE>

<TABLE>
<S>                                       <C>                                                <C>
/s/ William S. Sheridan                   Director                                           August 14, 2001
---------------------------
William S. Sheridan

/s/ Daniel M. Sullivan                    Director                                           August 14, 2001
---------------------------
Daniel M. Sullivan


/s/ William A. Ziegler                    Director                                           August 14, 2001
---------------------------
William A. Ziegler
</TABLE>
[{"type": "S-8", "sequence": "1", "filename": "ds8.txt", "description": "FORM S-8", "secsgml_size_bytes": 19874}]
{"company-data": {"conformed-name": "STANDARD COMMERCIAL CORP", "cik": "0000093319", "assigned-sic": "5150", "irs-number": "131337610", "state-of-incorporation": "NC", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-67778", "film-number": "1717722"}, "business-address": {"street1": "2201 MILLER RD", "city": "WILSON", "state": "NC", "zip": "27893", "phone": "2522915507"}, "mail-address": {"street1": "2201 MILLER RD", "city": "WILSON", "state": "NC", "zip": "27893"}, "former-company": {"former-conformed-name": "STANDARD COMMERCIAL TOBACCO CO INC", "date-changed": "19880228"}}
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON AUGUST 17, 2001
                                            REGISTRATION STATEMENT NO. 333-
================================================================================
                      SECURITIES AND EXCHANGE COMMISSION

                                   FORM S-8
                            REGISTRATION STATEMENT
                                     UNDER
                          THE SECURITIES ACT OF 1933
                             _____________________

                        STANDARD COMMERCIAL CORPORATION
            (Exact name of registrant as specified in its charter)

               NORTH CAROLINA                                 13-1337610
       (State or other jurisdiction                       (I.R.S. Employer
     of incorporation or organization)                   Identification No.)

                               2201 Miller Road
                         Wilson, North Carolina  27893
                                (252) 291-5507
  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

                2001 PERFORMANCE IMPROVEMENT COMPENSATION PLAN
                           (Full title of the plan)

                              ROBERT E. HARRISON
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                        STANDARD COMMERCIAL CORPORATION
                               2201 MILLER ROAD
                         WILSON, NORTH CAROLINA  27893
                                (252) 291-5507
(Name, address, including zip code, and telephone number, including area code,
                             of agent for service)

                                  COPIES TO:
                           DONALD R. REYNOLDS, ESQ.
                       WYRICK ROBBINS YATES & PONTON LLP
                       4101 LAKE BOONE TRAIL, SUITE 300
                         RALEIGH, NORTH CAROLINA 27607
                                (919) 781-4000
                              FAX (919) 781-4865

                             _____________________

                        CALCULATION OF REGISTRATION FEE
======================================================================================================================
     Title of Each Class                            Proposed Maximum      Proposed Maximum
      of Securities to            Amount to be       Offering Price      Aggregate Offering         Amount of
        be Registered          Registered (1) (3)     Per Share(2)            Price(2)         Registration Fee (3)
----------------------------------------------------------------------------------------------------------------------
Common Stock,           829,567 shares          $17.605            $14,604,527.04          $3,300.94
  $0.20 par value per share
======================================================================================================================
(1)  The amount of shares registered consists of 829,567 shares under the 2001
Performance Improvement Compensation Plan.  In addition, pursuant to Rule 416
under the Securities Act of 1933, this Registration Statement also covers (a) an
indeterminable number of shares that may be offered and issued pursuant to stock
splits, stock dividends or similar transactions, and (b) an indeterminable
amount of interests to be offered or sold pursuant to the 2001 Performance
Improvement Compensation Plan.

(2)  Estimated solely for the purpose of calculating the registration fee, based
upon the average of the high and low prices of the Common Stock on the New York
Stock Exchange on August 15, 2001, in accordance with Rule 457(c).

(3)  Pursuant to Rule 457(b) the amount of the registration fee is based upon
the registration of 750,000 shares, as the registration fee for 79,576 shares
was previously paid in connection with the registration of such shares on Form
S-8 (File No. 333-59760).

================================================================================
PART I
             INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

ITEM 1.   PLAN INFORMATION*

ITEM 2.   REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION*

* The documents(s) containing the information specified in Part I of Form S-8
have been or will be sent or given to employees as specified by Rule 428(b)(1)
under the Securities Act of 1933, as amended.

                                    PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.   INCORPORATION OF DOCUMENTS BY REFERENCE

     The following documents heretofore filed by Standard Commercial Corporation
(the "Company") with the Securities and Exchange Commission (the "Commission")
are incorporated herein by reference:

     (1)  The Company's Annual Report on Form 10-K for the fiscal year ended
March 31, 2001, filed pursuant to Section 13 of the Securities and Exchange Act
of 1934, as amended (the "Exchange Act");

     (2)  The Company's Quarterly Report on Form 10-Q for the quarter ended June
30, 2001, filed pursuant to Section 13 of the Exchange Act;

     (3)  The Company's Amended and Restated Proxy Statement filed on July 16,
2001 pursuant to Section 14(a) of the Exchange Act;

     (4)  The Company's Current Report on Form 8-K, filed pursuant to Section 13
of the Exchange Act on April 10, 2001; and

     (5)  The description of the Company's common stock contained in the
Company's Registration Statements filed pursuant to Section 12 of the Exchange
Act, as amended from time to time.

     All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or
15(d) of the Exchange Act after the date hereof and prior to the filing of a
post-effective amendment that indicates that all securities offered under this
registration statement have been sold or that deregisters all securities then
remaining unsold shall be deemed to be incorporated by reference herein and to
be a part hereof from the date of filing of such documents.

     Any statement contained in a document incorporated by reference herein
shall be deemed to be modified or superseded for purposes hereof to the extent
that a statement contained herein (or in any other subsequently filed document
that also is or is deemed to be incorporated by reference herein) modifies or
supersedes such statement.  Any statement so modified or superseded shall not be
deemed to constitute a part hereof except as so modified or superseded.

ITEM 4.   DESCRIPTION OF SECURITIES

     Not applicable.  The class of securities to be offered is registered under
Section 12 of the Exchange Act.

ITEM 5.   INTERESTS OF NAMED EXPERTS AND COUNSEL

     Not applicable.

ITEM 6.   INDEMNIFICATION OF DIRECTORS AND OFFICERS

     The registrant's Articles of Incorporation and Bylaws include provisions to
(1) eliminate the personal liability of its directors for monetary damages
resulting from breaches of their fiduciary duty to the fullest extent permitted
by Section 55-8-30(e) of the North Carolina Business Corporation Act (the "North
Carolina Law"), and (2) require the Registrant to indemnify its directors and
officers to the fullest extent permitted by Sections 55-8-50 through 55-8-58 of
the North Carolina Law, including circumstances in which indemnification is
otherwise discretionary.  Pursuant to Sections 55-8-51 and 55-8-57 of the North
Carolina Law, a corporation generally has the
power to indemnify its present and former directors, officers, employees and
agents against expenses incurred by them in connection with any suit to which
they are, or are threatened to be made, a party by reason of their serving in
such positions so long as they acted in good faith and in a manner they
reasonably believed to be in, or not opposed to, the best interests of the
corporation, and with respect to any criminal action, they had no reasonable
cause to believe their conduct was unlawful. The Registrant believes that these
provisions are necessary to attract and retain qualified persons as directors
and officers. These provisions do not eliminate the directors' duty of care,
and, in appropriate circumstances, equitable remedies such as injunctive or
other forms of non-monetary relief will remain available under North Carolina
Law. In addition, each director will continue to be subject to liability for
breach of the director's duty of loyalty to the Registrant, for acts or
omissions not in good faith or involving intentional misconduct or knowing
violations of law, for acts or omissions that the director believes to be
contrary to the best interests of the Registrant or its shareholders, for any
transaction from which the director derived an improper personal benefit, for
acts or omissions involving a reckless disregard for the director's duty to the
Registrant or its shareholders when the director was aware or should have been
aware of a risk of serious injury to the Registrant or its shareholders, for
acts or omissions that constitute an unexcused pattern of inattention that
amounts to an abdication of the director's duty to the Registrant or its
shareholders, for improper transactions between the director and the Registrant
and for improper distributions to shareholders and loans to directors and
officers. These provisions do not affect a director's responsibilities under any
other laws, such as the federal securities laws or state or federal
environmental laws.

     The Registrant's Bylaws require the Registrant to indemnify in directors
and officers against expenses, judgments, fines, settlement and other amounts
actually and reasonably incurred (including expenses of a derivative action) in
connection with any proceeding, whether actual or threatened, to which any such
person may be made a party by reason of the fact that such person is or was a
director or officer of the Registrant or any of its affiliated enterprises,
provided such person acted in good faith and in a manner such person reasonably
believed to be in or not opposed to the best interest of the Registrant and,
with respect to any criminal proceeding, had no reasonable cause to believe his
or her conduct was unlawful.  The Registrant's Bylaws also set forth procedures
that will apply in the event of a claim for indemnification thereunder.

     At present, there is no pending litigation or proceeding involving a
director or officer of the Registrant as to which indemnification is being
sought nor is the Registrant aware of any threatened litigation that may result
in claims for indemnification by any officer or director.

ITEM 7.   EXEMPTION FROM REGISTRATION CLAIMED

     Not applicable.

ITEM 8.   EXHIBITS

     The following exhibits are filed as part of this Registration Statement:

Exhibit No.              Description
-----------              -----------

4.1*      2001 Performance Improvement Compensation Plan
5.1       Opinion of Wyrick Robbins Yates & Ponton LLP
23.1      Consent of Deloitte & Touche, LLP, Independent Auditors
23.2      Consent of Wyrick Robbins Yates & Ponton LLP (contained in Exhibit
          5.1)
24.1      Power of Attorney (see page 4)

---------------
* See Appendix B to the Registrant's revised definitive proxy solicitation
materials dated July 16, 2001.

ITEM 9.   UNDERTAKINGS

     (a)  The undersigned registrant hereby undertakes as follows:

          (1)  To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:

               (i)  to include any prospectus required by section 10(a)(3) of
          the Securities Act of 1933;
(ii)  to reflect in the prospectus any facts or events arising
          after the effective date of the registration statement (or the most
          recent post-effective amendment thereof) which, individually or in the
          aggregate, represent a fundamental change in the information set forth
          in the registration statement.  Notwithstanding the foregoing, any
          increase or decrease in volume of securities offered (if the total
          dollar value of securities offered would not exceed that which was
          registered) and any deviation from the low or high end of the
          estimated maximum offering range may be reflected in the form of
          prospectus filed with the Commission pursuant to Rule 424(b) if, in
          the aggregate, the changes in volume and price represent no more than
          a 20% change in the maximum aggregate offering price set forth in the
          "Calculation of Registration Fee" table in the effective registration
          statement; and

               (iii) to include any material information with respect to the
          plan of distribution not previously disclosed in the registration
          statement or any material change to such information in the
          registration statement.

          (2)  That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

          (3)  To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.

     (b)  The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section 15(d) of the
Securities Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement
related to the securities offered therein, and the offering of such securities
at the time shall be deemed to be the initial bona fide offering thereof.

     (c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer of controlling
person or the registrant in the successful defense of any action, suite or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.
SIGNATURES

          Pursuant to the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Wilson, State of North Carolina, on the 14th day of
August 2001.

                              STANDARD COMMERCIAL CORPORATION

                                   By:  /s/ Robert E. Harrison
                                        ----------------------
                                   Robert E. Harrison
                                   President and Chief Executive Officer

                               POWER OF ATTORNEY

          Each person whose signature appears below constitutes and appoints
Robert E. Harrison his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him and in his name, place and
stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and any related
registration statements filed pursuant to Rule 462(b), promulgated under the
Securities Act of 1933, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and Exchange
Commission, granting unto said attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and necessary
to be done in and about the premises, as fully to all intents and purposes as he
might or could do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or
cause to be done by virtue hereof.

          Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
Signature                                 Capacity                                  Date
              ----------                                ----------                                ------
/s/ Robert E. Harrison                    President, Chief Executive Officer                 August 14, 2001
---------------------------               and Director (Principal Executive
Robert E. Harrison                        Officer)

/s/ Robert A. Sheets                      Vice President and Chief Financial                 August 14, 2001
---------------------------               Officer (Principal Financial and
Robert A. Sheets                          Accounting Officer)

/s/ William S. Barrack, Jr.               Director                                           August 14, 2001
---------------------------
William S. Barrack, Jr.

/s/ Marvin W. Coghill                     Director                                           August 14, 2001
---------------------------
Marvin W. Coghill

/s/ Mark W. Kehaya                        Director                                           August 14, 2001
---------------------------
Mark W. Kehaya

/s/ Charles H. Mullen                     Director                                           August 14, 2001
---------------------------
Charles H. Mullen

/s/ J. Alec Murray                        Chairman of the Board                              August 14, 2001
---------------------------
J. Alec Murray

/s/ B. Clyde Preslar                      Director                                           August 14, 2001
---------------------------
B. Clyde Preslar
/s/ William S. Sheridan                   Director                                           August 14, 2001
---------------------------
William S. Sheridan

/s/ Daniel M. Sullivan                    Director                                           August 14, 2001
---------------------------
Daniel M. Sullivan

/s/ William A. Ziegler                    Director                                           August 14, 2001
---------------------------
William A. Ziegler