Business Law Section

The Business Law Section furthers the knowledge of its members in the law of the Uniform Commercial Code, banking law, corporate law, partnership law, matters of debtor and creditor relations, and litigation practice related to such law.

Egerton, McAfee, Armistead &...
P. O. Box 2047
Knoxville, TN 37901-2047
Immediate Past Chair
Bass, Berry & Sims PLC
150 Third Ave. S., Suite 2800
Nashville, TN 37201

AG Announces $133M Settlement with USA Discounters

Attorney General Herbert H. Slatery III and attorneys general from 49 other states and the District of Columbia today announced a settlement with retailer USA Discounters, also doing business as USA Living and Fletcher’s Jewelers. The settlement resolves claims that the company engaged in unfair, abusive, false and deceptive acts and practices. USA Discounters sold consumer products, including furniture, appliances, televisions, computers and jewelry, principally on credit, and typically marketed to members of the military and veterans. The total value to consumers is estimated at $95.9 million, which will primarily benefit active service members and veterans. Read more from the attorney general's office.

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HHS Prohibits Forced Arbitration by Nursing Homes

The federal Department of Health and Human Services today issued a new rule that will prohibit long-term care facilities that accept Medicare or Medicaid from forcing residents into arbitration. Nursing homes and patients can still enter into arbitration if they choose, but contracts may not be written to automatically compel both parties into arbitration. The rule is part of a major revamp of consumer protections at long-term care facilities, Consumerist reports. The rule will go into effect Nov. 28 and have no effect on the “enforceability of existing pre-dispute arbitration agreements” according to the Centers for Medicare & Medicaid Services.

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