Sixth Circuit Court of Appeals: Individual Chapter 11 Debtors Cannot Retain Pre-Petition Property Pursuant to a Nonconsensual Chapter 11 Plan if Creditors are not Paid in Full
In a recent decision, the United States Court of Appeals for the Sixth Circuit reversed a bankruptcy court decision from the United States District Court for the Eastern District of Tennessee which held that the absolute-priority rule, codified at 11 U.S.C. § 1129(b)(2)(B)(ii), did not apply in light of the 2005 amendments to the Bankruptcy Code (“BAPCPA”) Click for more...
Construction and Real Estate
On May 1, 2014, LNL attorney Brad Leach spoke at the 2014 Ohio State Bar Association Annual Convention on a range of construction and real-estate related topics, including an overview of the Home Construction Service Suppliers Act, new provisions required in building contracts for residential builders and subcontractors, and a review of express builder unfair practices.
City Of Columbus Creates Downtown Economic Reinvestment Area...
The Columbus Department of Development, Housing Division, is accepting application for tax abatements in the newly created Columbus Downtown Community Reinvestment Area. The City passed an ordinance on November 18, 2013, which encourages both commercial and residential construction over a broad area in downtown Columbus. Ordinance 2649-2013 (the Ordinance), created the Columbus Downtown Community Reinvestment Area or simply “Columbus Downtown CRA.” The Ordinance encourages the development of residential, commercial, and mixed-use properties in a geographic region in Downtown Columbus by providing 10, 12 and 15 year tax abatements on improvements within such defined region. The Columbus Downtown CRA consists of certain real estate within the boundaries of I-670 to the North, SR 315 and the railroad tracks in Franklinton to the West, I-71 to the East, and Fulton Street and Mound Street to the South. (click for more...).
Appellate Court Ruling In Favor Of Banking Industry
LNL attorneys Greg Melick and Brad Leach obtained an appellate court ruling in favor of the banking industry, enforcing a promissory note endorsed in blank, and preventing the borrower from challenging standing or a note assignment in Bank of New York Mellon v. Froimson, 8th Dist. Cuyahoga No. 99443, 2013-Ohio-5574. This significant legal decision will impact residential foreclosure cases across Ohio, as borrowers seek innovative ways to avoid payment and foreclosure by exploiting the complexities associated with mortgage loans (December 19, 2013) (see link).
LNL Shareholder Ken Richards recently spoke to a group of attorneys and credit managers on the topic of creditor issues available in bankruptcy at a seminar titled “Collections: Seeking and Collecting a Judgment,” sponsored by the National Business Institute.
Bankruptcy for the General Practioner
On December 18, 2013, LNL Shareholder Ken Richards spoke on the topic of "Bankruptcy for the General Practioner" at a seminar sponsored by the Hocking County Bar Association.
On November 23, 2013, Mr. Richards spoke on the topic of small business bankruptcies at a bankruptcy seminar sponsored by the Ohio State Bar Association.
Anderson to Become Shareholder of Luper Neidenthal & Logan
The law firm of Luper Neidenthal & Logan is pleased to announce that Matthew T. Anderson has become a Shareholder of the firm. Click for more....
LNL 2013 “Best Law Firm”
LNL is pleased to once again be included among the U.S. News – Best Lawyers “Best Law Firms” for 2013, in the areas of bankruptcy, creditor/debtor rights, insolvency and reorganization law, litigation-bankruptcy, and corporate law. U.S. News reports that this year’s rankings are based on “a rigorous evaluation process that included thousands of clients, highly skilled lawyers and law firm representatives,” and reflect an “unprecedented amount of data … emphasizing the scope of this endeavor and the significance of [LNL]’s presence in this unparalleled guide to law firm expertise.” LNL is committed to delivering the highest level of service to its clients and we are honored laptop. by this prestigious designation. USNews Ranking.
Luper Neidenthal & Logan has been awarded recertification in Meritas, a non-profit global alliance of independent, full-service business law firms located in more than 70 countries. Meritas membership is by invitation only, and members must adhere to rigorous service standards to maintain membership. Luper Neidenthal & Logan is Central Ohio’s only Meritas affiliate and, as a condition of its membership, is required to successfully complete recertification every three years. Firms are regularly assessed and recertified for the breadth of their practice expertise and client satisfaction.