UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

CBL & Associates Properties, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

124830-10-0

(CUSIP Number)

December 20, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

	o		Rule 13d-1(b)
	þ		Rule 13d-1(c)
	o		Rule 13d-1(d)

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

CUSIP No.		124830-10-0	13G	Page		2		of		6	Pages

Item 1(a).		Name of Issuer:
		CBL & Associates Properties, Inc.
Item 1(b).		Address of Issuer’s Principal Executive Offices:
		2030 Hamilton Place Blvd., Suite 500, Chattanooga, TN 37421
Item 2(a).		Name of Person Filing:
		William B. Summers, Jr., individually in his capacity as trustee
Item 2(b).		Address of Principal Business Office or, if none, residence:
		20749 Beach Cliff Boulevard, Rocky River, Ohio 44116
Item 2(c).		Citizenship:
		United States
Item 2(d).		Title of Class of Securities:
		Common Stock, $0.01 par value
Item 2(e).		CUSIP Number:
		124830-10-0
Item 3.
		Not Applicable

Item 4.

Ownership.

	(a)		Amount beneficially owned:
			7,535,483 shares of Common Stock are held beneficially by Mr. Summers by virtue of his position as trustee for the (i) David H. Jacobs Marital Trust dated August 24, 1987 (F/B/O David H. Jacobs, Jr.) (holding 1,801,619 shares); (ii) David H. Jacobs Marital Trust dated August 24, 1987 (F/B/O Marie D. Jacobs) (holding 1,801,619 shares); (iii) David H. Jacobs Marital Trust dated August 24, 1987 (F/B/O John W. Jacobs) (holding 1,801,618 shares); (iv) David H. Jacobs and Barbara M. Jacobs Irrevocable Trust dated March 30, 1972 (F/B/O David H. Jacobs, Jr.) (holding 491,283 shares); (v) David H. Jacobs and Barbara M. Jacobs Irrevocable Trust dated March 30, 1972 (F/B/O Marie D. Jacobs) (holding 491,283 shares); and (vi) David H. Jacobs and Barbara M. Jacobs Irrevocable Trust dated March 30, 1972 (F/B/O John W. Jacobs) (holding 1,148,061 shares).
	(b)		Percent of class:
			5.1%
	(c)		Number of shares as to which such person has:
	(i)		Sole power to vote or to direct the vote 7,535,483 ,
	(ii)		Shared power to vote or to direct the vote 0 ,
	(iii)		Sole power to dispose or to direct the disposition of 7,535,483 ,
	(iv)		Shared power to dispose or to direct the disposition of 0 .

Item 5.		Ownership of Five Percent or Less of a Class.
		Not Applicable
Item 6.		Ownership of More Than Five Percent on Behalf of Another Person.
		The trusts and their beneficiaries set forth in Item 4(a) above have the right to receive the proceeds from the sale of the Common Stock of CBL & Associates Properties, Inc.
Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
		Not Applicable
Item 8.		Identification and Classification of Members of the Group.
		Not Applicable

Item 9.		Notice of Dissolution of Group.
		Not Applicable
Item 10.		Certification.
		By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.