Sam J. "Mac" McAllester III
Sam
J. “Mac” McAllester III is a founder and vice chairman of Bone McAllester
Norton PLLC. For over 40 years, Mac has represented banks, financial
institutions, and other lenders in the negotiation and structure of credit
facilities secured by all forms of collateral and has prepared all necessary
loan documentation. In addition, Mac
represents his clients in the enforcement and collection of loans and
realization against all types of collateral, including through workouts,
restructures, bankruptcies, repossessions, and foreclosures. Mac says his goal is to fully protect the
interest of his clients in the event of default and to completely recover his
clients’ money.
Mac’s commercial lending practice involves negotiating,
structuring, and documentation of all types and sizes of lending transactions
and all types of collateral, including loans for business acquisition, real
estate acquisition, development loans, construction loans, commercial and
industrial loans and working capital facilities. His experience also includes the
restructure, amendment, renewal, modification and consolidation of such
loans. Mac’s real estate experience includes
in-depth knowledge of real estate law and title underwriting. He currently
serves as a licensed agent for two national title insurance companies.
Mac served as Chapter 7 Interim Trustee of the U.S.
Bankruptcy Court of the Middle District of Tennessee and was a member of the
Panel of Trustees of the U.S. Bankruptcy Court of Middle District of Tennessee for
17 years. Paired with his extensive representation of creditors, Mac is a
leading attorney in his field. He regularly consults and represents clients on
matters regarding insolvency, bankruptcy, preferences, fraudulent conveyances,
and proof of claim issues.
Mac
is a frequent speaker and panelist at seminars on commercial lending, loan
documentation, real estate, secured transactions, and creditors’ rights for his
clients and other professional groups and organizations.
Practice Areas
- Banking and Financial Services
- Commercial Lending and Creditors’ Rights
- Real Estate Law
Education
- University of Tennessee College of Law, J.D., 1970
- University of Tennessee, B.S., 1969
Bar Admissions
- Tennessee, 1971
Recognitions
- Best Lawyers, 2012
- AV© Rating, Martindale-Hubbell
- Super Lawyers - Corporate Counsel Edition, May/June 2010, Real Estate and Construction
- Mid-South Super Lawyers, 2009 edition
- Best of the Bar, Bankruptcy Law, Nashville Business Journal
Membership
- Nashville Bar Association
- Tennessee Bar Association
- American Bar Association
- American College of Mortgage Attorneys, Fellow, Board of Regents and Tennessee State Chair
- American Bankruptcy Institute
- Nashville Bar Foundation Fellow
Community Involvement
Nashville Area Habitat for Humanity: Advisory Board of Directors and Member of Finance Committee, 2012-Present
Nashville Area Habitat for Humanity: Board of Directors and Finance Committee
- Best Lawyers, 2012
- AV Rating, Martindale-Hubbell
- New Award
- Super Lawyers - Corporate Counsel Edition, May/June 2010, Real Estate and Construction
- Mid-South Super Lawyers, 2009 edition
- Best of the Bar, Bankruptcy Law, Nashville Business Journal
Nashville, Tennessee 37219
