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 [...]

When business disagreements turn into lawsuits and commercial litigation, various idioms may come to mind: “Cutting off one’s nose to spite one’s face.” “Burning down your house to smoke out a [...]

Disputes between members of a Tennessee limited liability company (LLC) can come and go. Disagreements between business partners are often like those between spouses; inevitable and [...]

If you want to arbitrate a dispute (instead of litigate in court), you must agree to do so in advance. A party who has not agreed from the outset to arbitrate will not be compelled to arbitrate, [...]

You never know what – or who – lies beneath the surface. Imagine you are engaged in construction, landscaping, or some other improvement to real property, and suddenly you make a grim discovery.  [...]

In my last post, I mentioned that it is becoming standard for unsecured creditors in a Chapter 11 case to go after the debtor’s private equity backers: One issue that I am seeing in my practice [...]

For several years now, the number of private equity-backed bankruptcy filings has been on the rise. A few months ago in November, The Deal reported that, for private equity-backed companies with [...]

In January 2019, the Tennessee Supreme Court issued a landmark decision on interpreting contracts:  Individual Healthcare Specialists, Inc. v. BlueCross BlueShield of Tennessee, Inc., 2019 WL [...]

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 [...]