Jim Cornelius practices in the following areas:
- Real Estate
- Business Transactions
- Commercial Law
- Corporate Law
- Business Litigation
When Jim joined Egerton McAfee in January 2008, he brought with him a wealth of expertise in Real Estate and Business Transactions. He has handled real estate transactions in more than 35 states, including the purchase, sale, leasing, and subleasing of real estate, the representation of borrowers in acquisition financing, and various post-acquisition matters, including general business contracts, construction contracts and disputes, environmental permitting and compliance issues, restaurant franchise agreements, and gaming license applications and permits.
Jim is also experienced in business mergers and acquisitions, sale and purchase of national and local retail petroleum operations, national theater operations, retail petroleum operations in various states, and the sale and acquisition of coal mining operations. In addition, he offers counsel in the formation of business entities-such as corporations, limited liability companies and partnerships-as well as in business dissolution and business liquidation matters. Jim also has several years of experience assisting financial institutions with general banking and credit matters, including loan documentation and credit card transactions.
Jim also has a wealth of experience handling Business Litigation in state and federal courts, and he represents businesses and financial institutions as creditors in collection and bankruptcy proceedings.
Jim is a member of the American Bar Association, the Tennessee Bar Association and the Knoxville Bar Association. He was also a member of the Hamilton Burnett Chapter of the American Inns of Court from 1993-1996. In 1999, Jim was President of the Knoxville Barristers, the young lawyers division of the Knoxville Bar Association, and he served on the Board of Governors of the Knoxville Bar Association from December of 2008 to December of 2011. Jim is currently Co-Chairman of the Knoxville Bar Association Lawyers Concerned for Lawyers Committee, a position he has held since 2005. In addition, Jim served two three-year terms as a Commissioner for the Tennessee Lawyer Assistance Program (“TLAP”) from June of 2009 to June of 2015, and he served as Chairman of the TLAP Commission from June of 2012 until June of 2014.
Jim has been recognized by CityView Magazine as one of the Top Attorneys in Knoxville in the areas of Banking Law (2009), Collections/Foreclosures (2010 and 2012), and Environmental Law (2015).
Areas of Practice
Business Law: Corporate/LLC, Bankruptcy, Real Estate
Litigation: Business and Commercial Disputes, Breach of Contract Actions, Collections and Lien Law
J.D., summa cum laude, University of Tennessee, 1991
B.S. Political Science, magna cum laude, Tennessee Technological University, 1988
Tennessee Supreme Court, 1991
U.S. Court of Appeals for the Sixth Circuit, 1992
U.S. District Court for the Eastern District of Tennessee, 1992
U.S. District Court for the Middle District of Tennessee, 2005
Order of the Coif
Captain, Letterman, and Scholarship Recipient—Tennessee Tech Golf Team
GTE/College Sports Information Directors Academic All-American—Golf, 1988
Law Clerk to Justice E. Riley Anderson, TN Supreme Court, 1991-1992
Inducted to Tennessee Tech Sports Hall of Fame, 1999