David Long concentrates his practice in the areas of commercial transactions, real estate development, loan transactions, business entity matters and general business law. Long is active in the emerging areas of resort law and conservation easements, representing several land trusts, as well as landowners and their banks.
Long represents a company’s general business needs, including drafting and reviewing contracts and organizational and related company documents. He handles company finance, traditional loans, TIF loans, bond financing and private equity investments/financing for a variety of entrepreneurs and established businesses. Long’s expertise extends to projects using conservation easements. He also examines certain securities-related issues.
His clients include numerous national, regional and community banks and real estate developers of shopping centers, residential properties, resorts, office buildings and apartments. He represents homeowner associations and parties involved in real estate disputes. Long is also active in the arenas of health care organizations, restaurant chains, oil and gas transactions, and related mergers and acquisitions. He is often asked to be an expert witness in civil litigation in the subject areas of real estate, real estate finance and legal ethical considerations in transactional matters.
- Represented Caris HealthCare, L.P. in its 2012 acquisition of a South Carolina statewide hospice company. The acquisition involved expansive due diligence on the operations and assets of the company that was acquired, including analysis of leases, corporate and assumption documents. The engagement also included a tax analysis and the review of the needed applications for regulatory licenses and permits associated with the state operations being acquired, as well as the resulting acquiror’s licensing.
- Represented Blackberry Farm in the expansion of its award-winning resort business in Walland, Tennessee. We coordinated the resort’s utilization of multiple conservation easements, condominium regimes and traditional subdivisions in the expansion of the resort property and the development of multiple private-ownership units.
- Represented Bluemont Group in its acquisition of multiple Dunkin’ Donuts store locations from another franchisee, and helped develop and implement a plan of retail store expansion involving both leased locations and company-owned locations in Tennessee.
- Represented a regional banking corporation in its construction loan financing relating to the expansion of a manufacturing facility and in the consolidation of the manufacturing company’s equipment loans and line of credit operating loans.
- Served as Tennessee counsel for a regional developer of office space in a multistate refinancing of the developer’s multiple office complexes throughout the Southeast. This engagement involved reviewing financing documents and issuing opinions of counsel as to Tennessee law matters for both entity formation and operations in Tennessee and for financing documents controlled by Tennessee law.
- Represented Beall Investments in its multiple investments of minority ownership interests in operating companies (including business consulting, restaurants, and research and development companies) in connection with an investment diversification program. The document review, negotiation and drafting included establishing new joint venture arrangements, purchasing new ownership interests, and modifying existing company documents as to investment and governance matters.
He was chairman of the Real Estate Law Section of the Tennessee Bar Association from 1992 to 1993, and he serves on the “Mortgages and Other Debt Financing Committee” of the American Bar Association Real Property, Trust and Estate Section.
Long has been chosen for more than 15 years to be listed in Woodward/White’s The Best Lawyers of America and was named The Best Lawyers’ Knoxville “Real Estate Lawyer of the Year” in 2013. Long has been selected for the Mid-South Super Lawyers, a rating service and digital magazine. Knoxville Cityview Magazine also has selected him for its Best Lawyers List. Long is an “AV Preeminent” rated attorney by Martindale-Hubbell.
Long was born in Aberdeen, Maryland, and was raised in Kingsport, Tennessee, where he became an Eagle Scout. He attended Wake Forest University before transferring to the University of Tennessee, where he was active in student government and a variety of other club activities. His childhood passion for outdoor activities, athletics and recreational pursuits continues to this day, as he enjoys hiking and boating and attending sporting events.
B.S., University of Tennessee, 1978
magna cum laude
College of Business Administration
Torchbearer, highest student honor conferred by UT
Phi Kappa Phi
Beta Gamma Sigma
Omicron Delta Kappa
Mortar Board member
Sigma Chi; Province Balfour Award, 1978
J.D., University of Tennessee College of Law, 1981
The Order of the Coif
Phi Alpha Delta; Vice Justice
American Jurisprudence Award for Bankruptcy/Creditors’ Rights
U.S. District Court, Eastern District of Tennessee, 1981
United States Tax Court, 1981
American Bar Association
Tennessee Bar Association
Knoxville Bar Association
Lorman Education Services, National Business Institute and Tennessee Attorneys Memo, seminar speaker
Southeast Conservation Legal Defense Committee of the Land Trust Alliance
Legacy Parks Foundation, founding board member
Foothills Land Conservancy, board member and Executive Committee
FLC Foundation, board member and Executive Committee
Knox County/Knoxville Parks, advisory board
Leadership Knoxville Class of 2009
Chairman of the “The Cross – Greek Christian Ministry” for fraternities and sororities at the University of Tennessee
UT Chancellor’s Greek Life Task Force
Sequoyah Hills Presbyterian Church, Denominational Committee ruling elder and chair
Knox County American Heart Association, past chair