December 2017 - Vol. 53, No. 12

Toys ‘R’ Bankrupt

On Sept. 18, Toys “R” Us, one of America’s leading toy retailers, filed for Chapter 11 Bankruptcy in the United States Bankruptcy Court in Richmond, Virginia.

I feel real guilty about it, because I believe it’s my fault. For many years I kept Toys “R” Gonna Cost You a Fortune in business. This was back in the era when I had three small children, and on Christmas Eve, for me the three most dreaded words in the English language were “some assembly required.”

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Putting Lipstick on a Pig

Bank lawyers understand that there are phases to our practices. In good economic times, investors start new banks; in recessionary periods, we get our clients out of the ditch; and in between, we frequently help preside over both voluntary and shotgun weddings.

We are on the cusp between “good economic times” and wedding season. Since 2015, we have seen increased merger and acquisition

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Glasby’s Fortune, a Novel

By James H. Drescher | Deadeye Press | $17.99 | 367 pages | 2017

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Licensure & Discipline

Administrative Suspensions  Online Notice of attorneys suspended for, and reinstated from, administrative violations — including failure to pay the Board of Professional Responsibility fee, file the IOLTA report, comply with continuing legal education requirements and pay the Tennessee professional privilege tax — is now available exclusively on the TBA website.

Visit http://www.tba.org/directory-listing/administrative-suspension-lists to see administrative suspensions imposed since 2006.

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Passages

ORVILLE ALMON JR. of Nashville died on Oct. 29. He was 67. Almon served in the U.S. Army after college before attending the University of Memphis Cecil C. Humphreys School of Law, where he earned his law degree. He was a founding member of Zumwalt, Almon and Hayes in 1983, and later opened his own private practice, Almon Law, in 2010. He practiced in the entertainment and music law industry.

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Comments Sought in Bar Exam Proposal

The Tennessee Board of Law Examiners (TBLE) is seeking to amend Tennessee Supreme Court Rule 7 by adopting the Uniform Bar Examination as the standard for applicants for licensing and admission in the state.

“Lawyers are more mobile than they once were,” TBLE President Jeffrey Ward said in a news release in October. “No longer do lawyers settle in one state and practice in that state until retirement. Multi-jurisdictional, or cross-border, practice is more common, particularly in Tennessee, where we border more states than any other state in the union.”

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Encouraging Experiments

Last month in this space, I put to you the case that, today in Tennessee and almost everywhere else in our country, there’s a large and growing gap between the existing legal needs of ordinary Americans — not just the poor — and the ability of the legal profession to meet that need.

As I pointed out, there’s very little doubt that this gap is growing.

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A Long Journey to Justice

The Story of the ‘Geier’ Case and the Desegregation of Tennessee Higher Education

Shortly after receiving my commission as a United States District judge in August 1978, I inherited from Judge Frank Gray Jr. the 10-year-old Geier lawsuit challenging whether Tennessee had fully removed the vestiges of segregation from its public system of higher education. The case was among the most difficult and contentious of my 28-year judicial career and would consume much of my time before finally ending on Sept. 21, 2006. In this article, Carlos González tells the history of this groundbreaking lawsuit in a way that only one intimately familiar with it can.

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Success!

Hunter Rost is a new board of directors member for  World Services Group (WSG). Rost, a partner at Waller, has served on WSG's North American Regional Council since 2015 and has been an active member of the network since 2007. WSG is a resource for professionals and their clients to receive quality value and service from legal, investment banking and accounting services.

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The 1865 Constitutional Amendments and the Return of Civil Government in Tennessee

You cannot get back … without some irregularity

On March 12, 1862, former Tennessee governor and United States Senator Andrew Johnson arrived in Nashville with the historically unprecedented task of facilitating the return of a seceded state back into the Union.

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