David H. Lillard, Jr. Elected State Treasurer

January 15, 2009

Burch, Porter & Johnson member David Lillard was elected state treasurer by the Tennessee Legislature on January 15, 2009. As treasurer, he will manage more than $30 billion in state funds, including the state pension fund. He will leave Burch, Porter & Johnson, where he has been an attorney for 20 years, to assume his new post in Nashville.

Lillard has been involved in politics nearly all of his adulthood. He most recently served a term as Chair of the Shelby County Commission. He has served as a Commissioner since 2002 and is assistant city attorney for Germantown and Collierville. He was an officer of the local Republican Party before he was appointed as a Shelby County Election Commissioner in 1993.

Lillard practices in the fields of healthcare law, securities, mergers and acquisitions, and taxation. Mr. Lillard is a graduate tax attorney (LL.M in Taxation, University of Florida, 1983) and is listed in the 2008 edition of The Best Lawyers in America® in the specialty of healthcare law. For more than 20 years, he has represented healthcare providers and entities in the negotiation and documentation of provider contracting arrangements; mergers, acquisitions, recapitalizations and equity and debt securities issuances; Medicare and Medicaid payment issues; peer review; federal and state regulation of healthcare entities and physician practices, including the Stark Act, Anti-Kickback Act and HIPAA.

Lillard also has extensive experience in operational and regulatory issues of managed care entities, including capital adequacy, provider arrangements, financial accounting issues and regulation of healthcare entities under state insurance statutes. He has represented physicians and physician practices in numerous specialties, health maintenance organizations, and entities engaged in physician practice management, claims processing, clinical laboratory services, emergency medical services, pharmacy services and diagnostic services.

Lillard also practices business law in non-healthcare transactions and business planning for corporations, partnerships, joint ventures and limited liability companies, including startup and privately held businesses. He has acted as counsel in multiple equity and debt securities offerings for business organizations.

Lillard served as law clerk to the Honorable Robert A. Hoffmann, Chancellor of the Chancery Court of Tennessee in 1979-1980. He began law practice in 1980, joined Burch, Porter & Johnson in 1988 and became a member of the firm in 1990. He is also a member of the American Health Lawyers Association (Practice Groups on Physicians Organizations, Fraud and Abuse, HMOs and Health Plans, and Health Information and Technology), the American Bar Association (Sections on Health Law, Mergers and Acquisitions, Taxation and Corporate Law); the Tennessee Bar Association (Sections on Health Law and Business Law); and the Memphis Bar Association (Chair, Public Service Committee 2005).