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

Judge Approves $15B Volkswagen Settlement

A federal judge has approved one of the largest consumer settlements in U.S. history, a nearly $15 billion deal that sets in motion a massive vehicle buyback program and environmental remediation effort. According to the Tennessean, U.S. District Court Judge Charles Breyer approved the sweeping agreement between consumers, the government, California regulators and the German automaker Volkswagen. The settlement comes about a year after the company admitted rigging 11 million vehicles worldwide with software designed to evade emissions standards. The company is still facing investigations by the U.S. Justice Department and German prosecutors, which could lead to additional financial penalties and criminal indictments. Those impacted can visit for more information.

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Comcast Sues Nashville over Utility Pole Ordinance

Comcast is suing Metro Nashville over its “One Touch Make Ready” ordinance, which is aimed at helping Google Fiber expand its gigabit Internet to the city. The law passed last month allows companies that need to attach to utility poles to move competitors’ equipment. AT&T also sued over the law last month. Both companies say the city does not have the authority to regulate utility poles in the way it is trying to do. The Nashville Business Journal reports on the development.

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