Russell Stair’s practice focuses on business litigation with an emphasis in commercial, financial products, and corporate and securities litigation, as well as restructuring and bankruptcy. When a client recently became embroiled in a dispute with a vendor over the installation of defective software, Russell successfully tried the client’s claims to an arbitration panel and obtained a $102 million award in favor of the client.
Russell works with executives, boards of directors and other business leaders to advise on best practices to avoid litigation and navigate through proceedings when litigation is unavoidable. He represents clients from a range of industries, including financial services, healthcare, manufacturing, retail, and insurance.
Knoxville Bar Association
American Bankruptcy Institute
American Health Law Association (AHLA)
Represented a Liquidating Trustee in connection with the pursuit of potential director and officer claims arising out of the Chapter 11 bankruptcy of a $700 million hospitality company, resulting in a large confidential settlement for the Trust
Represented a group of investors and former employees with claims against a global financial services company relating to a stock repurchase, resulting in a settlement valued at approximately $3 million
Successful representation of Medsurant LLC in appeal to vacate $18.8 million dollar jury verdict in case alleging tortious interference
$102 million arbitration award for Trinity Medical Center, a North Dakota-based hospital system, against Cerner
Negotiation of a settlement of almost $25 million for a nonprofit medical center as a result of a failed patient accounting software system
Represented a community hospital in a dispute with a software vendor arising from a failed patient accounting software conversion and for not fulfilling the vendor’s contractual obligations under its managed services agreement; parties agreed to a private mediation which resulted in an approximately $26 million settlement agreement
Represented the liquidating trustee in a high-profile bankruptcy
Obtained complete defense judgment on behalf of AutoZone in the bankruptcy court for the District of Delaware
Represented Service Merchandise Company, Inc. in one of the largest Chapter 11 bankruptcy proceedings in the state of Tennessee
The Best Lawyers in America© — Commercial Litigation (2021)
Mid-South Super Lawyers “Rising Star” (2013-2015)
Tennessee Bar Association — Leadership Law Class (2011)
Former Certified Public Accountant — Tennessee (1997)
Vanderbilt Law Review — Associate Editor