As the saying goes, the road to hell is paved with good intentions. So, too, is the road that leads to failed real estate transactions. A buyer and seller can share an intention to enter into a [...]

During the 2012 presidential campaign, Mitt Romney famously said, “Corporations are people, my friend.” While that may or may not be true, corporations and other business entities are [...]

The economic losses that arise from a breach of contract can be varied and extensive, including disruptions to a business’s operations, lost profits, and other damages. But regardless of [...]

On March 27, 2020, the CARES Act (Coronovirus Aid, Relief, and Economic Security Act) became law.  The Act provides nearly $2 trillion in stimulus in an attempt to get the country through the [...]

What happens if the seller of property files for bankruptcy and the bankruptcy trustee tries to undo the transaction?  Is the buyer protected by the buyer’s title insurance policy?  The Tennessee [...]

Tennessee follows the American Rule that a successful litigant normally has to bear its own attorneys fees.  The typical exceptions to the rule are:  (1) if the statute the party is suing under [...]

Assume that Alex and Casey own a house.  If they bought the house during the marriage, they are presumed to own it as “tenants by the entireties.”  Entireties property is not subject to the [...]

The holy grail of litigation is winning the case and getting the other side to pay your attorneys fees.  When this happens the loser may consider bankruptcy to avoid having to pay the judgment [...]

Earlier this week, the Tennessee Court of Appeals decided an important, and unprecedented, issue affecting the ability of creditors to garnish funds.  A garnishment is an order issued to a third [...]

In this post I discuss an issue that frequently comes up when an LLC is the defendant in a lawsuit:  If I’m the plaintiff, can I “pierce the veil” to reach beyond the defendant LLC to the members [...]