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.

Chair
Lincoln Memorial University Duncan...
601 W. Summit Hill Dr.
Knoxville, TN 37902
(865)545-5318
Vice-Chair
The University of Tennessee...
1505 W. Cumberland Avenue
Knoxville, TN 37996
Twitter: VolunteerTwit
(865)974-3813
Staff Coordinator
Tennessee Bar Association
221 4th Avenue N. Suite 400
Nashville, TN 37219
(615)383-7421

Business Law Forum will be May 9

The TBA Business Law Section’s Forum on May 9 will help business lawyers learn and refresh their knowledge about issues that may arise when drafting an LLC operating agreement. Topics at the Nashville program will include an overview of the two extant Tennessee LLC acts and a comparison of those acts with the Delaware LLC Act; other distinctions of Tennessee law that impact the operating agreement; drafting key provisions, including distribution and allocation, employee and member compensation and exit rights; and ethical considerations for lawyers drafting LLC operating agreements. Earn up to five hours of general CLE and one ethics hour.
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Study Credits Tennessee Tax Policies for Economic Growth

A new study by the American Legislative Exchange Council, a conservative think tank comprised of legislators and business leaders, puts Tennessee in its top ten list of states with a positive economic outlook, the Chattanooga Times Free Press reports. Between 2007 and 2017, Tennessee’s GDP rose 43.1 percent, with the state growing payroll employment by 8 percent. The study credits Tennessee’s relatively low tax rates, lack of personal income tax and plans to phase out inheritance and unearned income taxes, among other reasons, for the state’s economic standing.

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