Coolidge attorney Patricia J. Friesinger was recently appointed as a Chapter 7 Panel Trustee. In this role, she will administer cases filed under Chapter 7 of Title 11 of the United States Bankruptcy Code. Chapter 7 Trustees are private citizens appointed and supervised by the Office of the U.S. Trustee (a division of the U.S. Department of Justice). Many Chapter 7 Trustees are experienced attorneys or accountants who continue to practice their profession after appointment to the panel. As a Trustee, Friesinger’s primary duties will be to liquidate assets for the benefit of creditors where possible. Each year, Chapter 7 …
The Importance of Due Diligence in Real Estate Transactions
One of the most important procedures that takes place prior to the closing in any real estate transaction is the due diligence process. The due diligence process typically takes place once the purchase agreement is signed by the parties, but the due diligence process may also begin prior to the execution of the purchase agreement depending on the transaction. While there are many different types of due diligence that can occur, this post will cover three specific areas: (i) title review; (ii) environmental review; and (iii) physical inspections. Title Review: As is vital in all real estate transactions, a thorough …
Wilberding Pens Dayton Daily News Article on Supreme Court Chief Justice John Roberts
Merle Wilberding gives a brief and fair observation of Supreme Court Chief Justice John Roberts in the Ideas & Voices section of the Dayton Daily News. His article is especially relevant when considering the recent contentious confirmation hearings for Judge Brett Kavanaugh.
Steve Herbert Featured in Dayton Business Journal’s Executive Profile Series
Coolidge’s President and CEO, J. Stephen Herbert, was featured in this week’s edition of the Dayton Business Journal’s Executive Profile Series. In his interview, Steve shared his insights about the growth and future of Coolidge Wall, how to provide trusted counsel to clients based on his 40 years of experience, and his personal interests outside of practicing law. Click here to view the full article.
Legislative Update: Sports Betting Coming to a City Near You?
In my September 6, 2018 blog post, I discussed the U.S. Supreme Court’s May 2018 ruling in Murphy v. National Collegiate Athletic Association, which found the federal Professional and Amateur Sports Protection Act of 1992 (“PASPA”) unconstitutional. PASPA prohibited state-sanctioned sports betting and effectively outlawed sports betting outside of Nevada. The Court’s ruling opened the door for all 50 states to legalize sports betting within their borders. At the time, two identical “placeholder” bills (the “Bills”) had been introduced in the Ohio House and Senate, both of which made clear the General Assembly’s intention to enact legislation legalizing sports betting …
Is an SBA Loan Right for Your Business?
According to Derek Hutson, CEO of Datical, “Entrepreneurship is at the core of the American dream. It’s about blazing new trails, about believing in yourself, your mission and inspiring others to join you in the journey. What sets [entrepreneurs] apart is the will, courage and sometimes recklessness to actually do it.” To realize their dream, an entrepreneur must have capital to either start or purchase a business enterprise. If the entrepreneur does not have the total of the funds required for the venture, loans guaranteed through the Small Business Administration of the United States (“SBA”) may be a viable source …
Coolidge Wall Employees Help Others Have a Brighter Holiday Season
Coolidge Wall works with Homefull, a Dayton organization supporting homeless and low-income people in the Dayton community, to identify families working to get back on their feet but currently without the means to do so. Both organizations are focused on helping these families have a brighter holiday. As such, Coolidge Wall employees and the firm donated, purchased and delivered items to assist these families for the holiday season. This year, Coolidge Wall donated, for the benefit of three families, items such as a dining room table and chairs, cookware, silverware, a Christmas tree with decorations, Kroger gift cards, and enough food …
Six Coolidge Attorneys Named 2019 Ohio Super Lawyers
Coolidge Wall Co., L.P.A. is pleased to announce that six of its attorneys have been selected by their peers for inclusion in 2019 Ohio Super Lawyers®: Michelle D. Bach — Workers’ Compensation Christopher R. Conard — General Litigation Marc L. Fleischauer — Employment & Labor David C. Korte — Workers’ Compensation Stephen M. McHugh — State/Local/Municipal Law David P. Pierce — Business Litigation Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using …
McIntosh Promoted to Paralegal Position
Coolidge Wall Co., L.P.A. is pleased to announce that Tammy McIntosh has been promoted to a paralegal in the firm’s Estate Planning and Tax Department. Tammy’s new responsibilities include estate administration. In this role, she helps determine what assets are required to go through probate and proceeds with the probate court procedure as needed. In addition, she meets regularly to help clients manage and execute their estate planning needs. Tammy has been with the firm for three years. With more than 20 years of experience in the legal field, Tammy also has extensive experience in litigation, insurance litigation, personal injury, …
Waiver of Subrogation – How it Helps Mitigate Risk in Commercial Leases
Oftentimes, a commercial lease (as well as other real estate contracts) will contain a “Waiver of Subrogation,” but few landlords, tenants and other parties realize the importance of such provision and how a waiver of subrogation can help manage and allocate potential risk. Subrogation is “[t]he principle under which an insurer that has paid a loss under an insurance policy is entitled to all the rights and remedies belonging to the insured against a third party with respect to any loss covered by the policy.”[1] In other words, if one party suffers a loss, and such loss is covered by …