Randall D. McClanahan

Partner

Randy is a partner and member of Johnston Barton's Business & Tax Practice Group. He also serves as Chairman of the firm's Recruiting and Legal Opinions Committees. Randy's practice focuses on business entity formation, corporate, tax, mergers and acquisitions and intellectual property issues.

Randy graduated from Auburn University (B.S., cum laude, 1982), University of Alabama (M.T.A., 1983), Duke University (M.B.A., 1989), and the University of North Carolina (J.D., 1992). He is licensed as a Certified Public Accountant in Alabama and Georgia. Randy worked in public accounting for Arthur Andersen & Co. prior to entering law school.

Randy is currently Chairman of the Accounting Standards Subcommittee of the American Bar Association Business Law Section's Law and Accounting Committee. He is also a Certified Valuation Analyst and has served as a Special Master in business separation and valuation proceedings.

Randy is avid sports fan, especially Auburn football, and also enjoys traveling and reading.

Leadership Positions

Accounting Standards Subcommittee of the Law and Accounting Committee of the Section of Business Law of the American Bar Association-Chairman
Membership Subcommittee of the Taxation Committee of the Section of Business Law of the American Bar Association-Chairman
Birmingham Bar Association, Chairman-Elder Law Committee, 2002
Birmingham Bar Association, Chairman-Library Committee, 2003

Professional Associations

American Bar Association, Committee on Middle Market and Small Business, Section of Business Law
American Bar Association, Law and Accounting Committee, Section of Business Law
American Bar Association, Taxation Committee, Section of Business Law
American Bar Association, Corporate Documents and Process Committee, Section of Business Law
Alabama State Bar Association
Birmingham Bar Association
American Institute of Certified Public Accountants
National Association of Certified Valuation Analysts
Alabama Society of Certified Public Accountants
Instructor, Corporate Law, Birmingham School of Law (2003 - 2006)
Birmingham Tax Forum
Greater Shelby County Chamber of Commerce, Member

Presentations

"Shareholders Agreements: Key Provisions and Purposes, Including Funding Buy-Sell Obligations", June 9, 2010, American Bar Association CLE Teleconference
Moderator - Panel Discussion - "LLC Agreements - Balancing Simplicity, Safeguards and Deal Points", April 10, 2008, American Bar Association, Section of Business Law Spring Meeting - Dallas, TX
"LLC Agreements - Balancing, Simplicity, Safeguards and Deal Points," January 10, 2008, American Bar Association, Section of Business Law, Middle Market and Small Business Committee Meeting - Laguna Nigel, CA
"Flow-through Entities in Alabama: What You Need to Know," August 29, 2006, Lorman Education Services
"Tax Issues in Alabama: Mergers and Acquisitions," December 9, 2004, National Business Institute
"The Basics of Business Finance for Managers and Non-Financial Professionals," July 14, 2004, Sterling Education Services, Inc.
"Negotiating and Drafting Acquisition Agreements in Alabama," April 21, 2004, National Business Institute
"Fundamentals of Trademark Law," December 13, 2002, Lorman Education Services

Articles/Publications

"FASB Amends Impairment Guidance for Certain Beneficial Interests," ABA Section of Business Law eSource, April 2009
"Accounting for Uncertainty in Income Tax Positions: FASB Interpretation No. 48," ABA Section of Business Law eSource, March 2007
"New Standard on Accounting for Pension and Other Post-retirement Plans," ABA Section of Business Law eSource, January 2007
"Proposed Change in Accounting for Pension and Other Post-retirement Liabilities Threaten to Alter Business Agreements," Birmingham Business Journal, June 23, 2006