Lake City is a town in Anderson and Campbell counties in the eastern part of the U.S. state of Tennessee, northwest of Knoxville. The population was 1,888 at the 2000 census. Most of the community is in Anderson County, which is included in the Knoxville Metropolitan Statistical Area. The town was originally known as Coal Creek, which is still the name of the stream that runs through the town. Coal Creek and the nearby town of Briceville were the site of a major lockout of coal miners in 1891, which resulted in the town of Coal Creek being occupied by the state militia for over a year after miners attempted to force an end to the use of unpaid convict labor in the mines. This labor struggle, known as the Coal Creek War, was eventually resolved in the coal miners' favor with the abolition of Tennessee's convict labor program. The Fraterville Mine disaster of 1902 occurred nearby, in the village of Fraterville. Norris Dam is nearby. The town's current name was adopted in 1936 after the completion of Norris Dam formed an artificial lake above the dam.

Mergers And Acquisitions Law Lawyers In Lake City Tennessee

Advertisement

What is mergers and acquisitions law?

In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.