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Walt Burton Interviewed by Dr. Jeff Cornwall and The Entrepreneurial Mind


Check out Thompson Burton partner, Walt Burton, talking about entrepreneurship withThe Entrepreneurial Mind – Dr. Jeff Cornwall. They cover a number of important topics like the psychology of risk and the importance of culture.  They also talk a little bit about the founding of Thompson Burton PLLC.

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Walt Burton Speaks to Leadership Franklin Group about One Franklin Park


On December 9, 2015, Walt Burton spoke to members of Leadership Franklin about the Cool Springs real estate market and Thompson Burton’s decision to locate its offices at One Franklin Park. Walt Burton Speaks at One Franklin Park from Thompson Burton on Vimeo.

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Electronic Signatures in Commercial Real Estate–Sign of the Times


I’ve posted in the past here and here regarding acceptance of electronic signatures in commercial real estate transactions, so I was very pleased to be contacted by Beth Matson-Teig regarding her new article for the Shopping Center Times titled “Sign of the Times–Electronic Signatures are Just as Legal as a Pen and Paper, and they Make Deals Happen a Lot Faster Too,” Pages 52-55, November 2014.  In the article, Beth highlights a switch that Weingarten Realty Investors has recently made to promoting e-signatures as well as other changes across the real estate industry.  “Weingarten expects to realize considerable efficiencies and savings by eliminating the printing and sending of originals documents by mail or special delivery.  Those savings add up.  Weingarten completes some 1,200 renewals per year, and the firm estimates that that the electronic distribution of documents saves roughly 1.5 and 4 hours per renewal among leasing agents, lawyers, and […]

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Tennessee Statute of Frauds


Most sophisticated business people are aware that all contracts do not have to be in writing. It is possible to have a verbal contract without any written terms at all. However, certain types of contracts are required to be in writing in order to be enforceable.  There are numerous reasons for this requirement, but the primary reason is to make sure that there is reliable evidence of the terms and conditions of contracts that are traditionally important or complex.  Tennessee, like most states, has a statute of frauds that stipulates which contracts must meet this writing requirement to be enforceable in Tennessee courts.  Tennessee’s statute of frauds is actually codified in two separate statutes, Tennessee Code Annotated Sections 29-2-101 and 47-2-201,which require that the following types of contracts be in writing and “signed by the party to be charged therewith:” Contracts of executors and administrators of estates; Contracts promising to answer for the […]

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Commercial Real Estate: What increased e-commerce means for brick-and-mortar stores


No topic has been the subject of greater debate in commercial real estate in recent years than how increasing e-commerce is adversely impacting brick-and-mortar retail. The trends are undeniable. A long-term change in consumer behavior has dramatically reduced store traffic, as consumers are electing to shop and browse merchandise from home or their mobile devices rather than entering the retail store. As evidence, the average number of stores visited per shopping trip to the mall has dropped from 5 stores in 2007 to 3 stores today, according to Shoppertrak. The result of decreasing traffic at shopping malls and other retail outlets has been a dramatic increase in store closings by some of America’s most storied retail brands, including Sears and J.C. Penney. Sbarro is the most recent casualty, filing for bankruptcy protection and announcing that it will close 155 of its remaining 400 locations nationwide. There are also rumors that […]

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