Russell E. Stair

Member

Knoxville

(865) 521-2021

rstair@bassberry.com

https://www.bassberry.com/professionals/stair-russell-e/

Notice

Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.

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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.

His practice encompasses:

Business Disputes – Advising numerous clients in a variety of commercial disputes and claims, including: the Uniform Commercial Code; a variety of state and federal consumer protection statutes, including the Fair Debt Collection Practices Act, the Fair Credit Reporting Act and The Tennessee Consumer Protection Act; commercial foreclosures; deficiency claims; contract disputes; business torts; mergers and acquisitions; business fraud; and, other general commercial matters.
Restructuring & Bankruptcy – Representing the interests of creditors, debtors, and trustees in bankruptcy cases and related matters, including stay relief motions, contested claims, confirmation hearings, avoidance actions, and other contested matters;
Securities & Shareholder – Representing corporations and directors in corporate and securities matters, including securities class action cases; breach of fiduciary duty and other director and officer liability claims; D&O liability coverage issues; and disputes arising from mergers and acquisitions;
Financial Services – Counseling broker-dealers as well as individual financial advisors in arbitrations before the Financial Industry Regulatory Authority (FINRA), including representing broker-dealers in customer disputes and registered representative transition cases; and,
Compliance & Government Investigations – Conducting internal and compliance investigations for clients of all sizes.

A former Certified Public Accountant (CPA), Russell also has represented accounting firms such as KPMG and Ernst & Young. Prior to beginning his legal career, Russell was a former intern with the U.S. Securities and Exchange Commission (SEC) and practiced for two years as a CPA with Ernst & Young.

Memberships

Knoxville Bar Association

American Bankruptcy Institute

American Health Law Association (AHLA)

Representative Experience

Representation of Bankruptcy Trustee in Director and Officer Litigation Results in Lucrative Confidential Settlement for the Benefit of Trust Beneficiaries

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

We represented a Liquidating Trustee in connection with the pursuit of potential director and officer claims arising out of the...

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Client Type: Individual
Representation of Investor Group Leads to $3 Million Settlement Against Global Financial Services Company

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

We represented a group of investors and former employees with claims against a global financial services company relating to a...

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Knoxville Attorneys Partner with University of Tennessee College of Law to Provide Pro Bono Help Via TN Free Legal Answers

Attorneys from the firm's Knoxville office are partnering with students from the University of Tennessee College of Law to answer...

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Client Type: Pro Bono
Successful Appeal to Vacate $18.8 Million Judgment in Tortious Interference Case

Successful representation of Medsurant LLC in appeal to vacate $18.8 million dollar jury verdict in case alleging tortious interference

We successfully represented Medsurant LLC in an appeal to vacate an $18.8 million dollar jury verdict in a case alleging...

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Client Type: Private Company
Bass, Berry & Sims Team Wins $102 Million for Trinity Medical Center

$102 million arbitration award for Trinity Medical Center, a North Dakota-based hospital system, against Cerner

A team of our attorneys recently won a $102 million arbitration award for Trinity Medical Center, a North Dakota-based hospital...

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Client Type: Nonprofit
$25 Million Settlement for Nonprofit Medical Center

Negotiation of a settlement of almost $25 million for a nonprofit medical center as a result of a failed patient accounting software system

After mediation, we negotiated a settlement of almost $25 million for a nonprofit medical center as a result of a...

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Client Type: Nonprofit
Representation of Community Hospital in Vendor Dispute Leads to More Than $25 Million Settlement

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

We represented a community hospital in a dispute with a software vendor arising from a failed patient accounting software conversion...

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Client Type: Private Company
Liquidating Trustee Looks to Bass, Berry & Sims

Represented the liquidating trustee in a high-profile bankruptcy

We represented the liquidating trustee in a high-profile bankruptcy and achieved multi-million dollar D&O settlement on a contingency basis.

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Client Type: Individual
Defense Verdict for AutoZone

Obtained complete defense judgment on behalf of AutoZone in the bankruptcy court for the District of Delaware

We successfully obtained complete defense judgment on behalf of AutoZone in the bankruptcy court for the District of Delaware in...

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Client Type: Public Company
One of the Largest Chapter 11 Bankruptcies in the State of TN

Represented Service Merchandise Company, Inc. in one of the largest Chapter 11 bankruptcy proceedings in the state of Tennessee

We represented Service Merchandise Company, Inc. in one of the largest Chapter 11 bankruptcy proceedings in the state of Tennessee...

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Client Type: Private Company

Accolades

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

Russell E. Stair

Notice

Memberships

Representative Experience

Publications

Past Events

Media Mentions & Firm News

Accolades

Education

Admissions

Russell E. Stair

Notice

Memberships

Representative Experience

Publications

Past Events

Media Mentions & Firm News

Accolades

Related Services

Education

Admissions