Address: 620 Market Street, knoxville, TN, 37901
Law Firm: Lewis, Thomason, King, Krieg & Waldrop, P.C.
Phone: (865) 546-4646
|First Year of Call|
|Areas of Practice||Construction, Mediation|
|Description||Loy Waldrop has retired from the active representation of clients. He is now Of Counsel with Lewis Thomason for mediation and arbitration of commercial and residential construction project disputes. During his 46-year career he represented contractors, design professionals, developers, owners, sureties, and material suppliers in a wide range of construction industry matters for over 35 years. He has more than 25 years of experience in defending major lawsuits against designers with single suit claims as high as $250 million. He represented contractors in the prosecution and defense of claims ranging from payment issues to complex differing site conditions and scheduling claims. He participated in hundreds of court cases and arbitration proceedings and has personally tried dozens of jury and bench trials and arbitration hearings to verdict. He obtained summary or voluntary dismissals of numerous suits against designers. He also regularly assisted his contractor and designer clients in contract reviews and negotiations. His practice was devoted almost exclusively to the construction industry for approximately 35 years. In the first 10 years of his career, he obtained extensive trial experience in personal injury and product liability cases. He also represented accountants, attorneys, nurses, architects, engineers and surveyors in professional liability matters.Mr. Waldrop is a Distinguished Military Graduate of Clemson University and served in the U. S. Army Security Agency from 1966-68, reaching the rank of Captain. He serves as an arbitrator in construction cases and as a mediator for construction disputes. Mr. Waldrop is a Tennessee Supreme Court Rule 31 Listed General Civil Mediator.PROFESSIONAL HONORS AND ACTIVITIESSelected by American Lawyer Media and Martindale-Hubbell as Elite Lawyer of the South 2017Selected and listed in 2016 Top Rated Lawyers in Construction Law, American Lawyer Media and Martindale-HubbellNamed to The Best Lawyers in America, Construction Law Litigation – ConstructionBest Lawyers: 2011, 2014, 2017 & 2019 Construction Lawyer of the Year in KnoxvilleBest Lawyers 2012, 2015 and 2017 Construction Litigation Lawyer of the Year in KnoxvilleMid-South Super Lawyers 2008-18Member, Tennessee Bar Association committee responsible for drafting Tennessee’s construction lien statutes enacted in 2007Past president, local chapter of the Construction Specifications InstitutePast member, Board of Directors, American Subcontractors Association, Associated Builders and ContractorsPast member, Board of Directors, Tennessee Association of Construction CounselExecutive Editor of the University of Tennessee Law ReviewSpeaking EngagementsMr. Waldrop has been presenting seminars for the construction industry for more than 20 years to local and regional audiences. His recent construction industry seminar engagements include the following:Law of Design Professional Malpractice – HalfMoon Education Inc., Knoxville, 2015Professional Liability for Construction Professionals – East Tennessee Development Symposium, Knoxville, 2014Construction Project Development and Performance Bonds, Lewis King Seminar, Knoxville, 2013Construction Defects – Applicable Statutes of Limitations and Repose – UT College of Architecture, Knoxville, 2012Law of Construction Defects and Failures – HalfMoon Seminars, Knoxville, 2011Legal Issues for Tennessee Design Professionals – HalfMoon Seminars, Knoxville, 2009Sinkholes and Wetlands: What to do When Bad Stuff Happens – Tennessee Association of Construction Counsel Seminar, Nashville, 2008Integrated Project Delivery – AIA Tennessee Convention, Nashville, 2008Tennessee’s New Construction Lien Law – HalfMoon Seminars, Knoxville, 2007|
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