Mike Paslay

Knowledgeable, experienced bankruptcy attorney

In reorganization, insolvency, trouble asset and distressed entity matters, Mike Paslay serves the needs of secured lenders, debtors, unsecured creditors' committees, indenture trustees and third-party purchasers. Over the last decade, Mike has been involved in two of the largest municipal bankruptcies in U.S. history.


Mike's Related Experience

Healthcare lender provides senior secured credit facilities to nationwide nursing home

Represented a specialty healthcare lender in negotiating, documenting and closing the credit facilities for a nationwide nursing home, including negotiating complex intercreditor arrangements.

Represented indenture trustee in City of Detroit's Chapter 9 proceeding

Represented the indenture trustee for the approximately $5.3 billion water and sewer bonds connected to Detroit's Chapter 9 bankruptcy proceeding.

Jefferson County defaults on approximately $3.2 billion in pledged revenue bonds

Represented an appointed Indenture Trustee in connection with litigation that arose from Jefferson County, Alabama defaulting on approximately $3.2 billion in pledged revenue bonds.


  • J.D., Emory University School of Law, 1983
  • B.A., with distinction, University of Virginia, 1980

Bar Admissions

  • Tennessee
  • Texas
  • Georgia


Michael R. Paslay
Rated by Super Lawyers

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Professional Involvement

  • Certified, Business Bankruptcy Specialist by the Tennessee Commission on Continuing Legal Education and Specialization
  • Member, Nashville, Tennessee, Georgia, Texas and American Bar Associations
  • Certified, American Bankruptcy Board of Certification, Business Bankruptcy

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Community Involvement

  • Member and Former Director, Brentwood Morning Rotary Club
  • Member, Brentwood United Methodist Church

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