Introduction to MBSLaw, PLLC

April 4, 2018

Last week, Ernie Williams announced to everyone on this listserv the transition of our practice from Ernest B. Williams IV, PLLC to MBSLaw, PLLC.  I thank all of those folks who had such kind words and messages of encouragement for us, and I am proud to announce the successful launch of the new firm.

Our new website,, has officially gone live, and I invite everyone to come take a look at the legal services we offer:  Real Estate, Workouts, Commercial Litigation, Commercial Lending, Consumer Lending and Financial Regulatory Compliance, and Bankruptcy and Creditors’ Rights.  In addition, we have links to the best-selling treatises—on the subjects of the law of guaranties and sureties, and the law of commercial lending—that we wrote for the American Bar Association.  If you have questions about anything related to these topics, the answers are likely in these treatises. 

In the coming days, months and years, we will use this listserv to discuss issues, ideas and legal situations or principles that we find interesting or that, hopefully, the recipients of these e-mails find useful for the operation of their businesses.  For example, next week will include a discussion of a recent federal court opinion from the Middle District of Tennessee holding that escrow holders have no duties to third parties, and that mortgagees, generally, cannot sue title companies for negligence.  The holding has profound consequences for title companies and lenders, both of which will be examined in detail.  Other future topics include changes to the Tennessee Thrift Act, collecting on excessively funded retirement accounts, fraud on Article 2A finance leases, perfecting security interests in intellectual property and developments in UDAP cases over the last year.

We look forward to this new adventure and we hope you find the topics to be discussed in these e-mail blasts to be useful for you and your business.  If you have any questions or would like to discuss a legal situation with me, Ernie or Lisa, give us a call or send an e-mail, and we’ll be happy to respond.

Michael Schwegler