Monthly News For May, 2021

Update on the Dispute Over Coverage for Business Interruption Claims Caused by COVID-19

Posted on in Insurance, News
Update on the Dispute Over Coverage for Business Interruption Claims Caused by COVID-19

Continuing their coverage of business interruption claims caused by Covid-19, Weston Hurd attorneys John Farnan and Patrick Cannell provided the insurer’s perspective at the Cleveland Metropolitan Bar Association Insurance Seminar on May 18. John and Patrick’s presentation covered the elements of the claim, primary defenses, exclusions, and recent cases and decisions. Contact Information John Farnan – jfarnan@westonhurd.com – 216.687.3288 […]

Protection for Your Adult Child

Posted on in Estate, Trust & Probate, News
Protection for Your Adult Child

Why it’s important for parents to have the proper documents in place before their adult children leave the nest is the topic of Weston Hurd partner Jay Nabors’ article “Protection for Your Adult Child.” Contact Information Jay Nabors – jnabors@westonhurd.com – 216.687.3205

Business Real Estate Tenants and Real Property Tax Reductions

Business Real Estate Tenants and Real Property Tax Reductions

This is the third and last installment of advisories discussing recently enacted Ohio Senate Bill 57 (the “Bill”) and its impact on Ohio real property tax reductions and exemptions. Frequently, commercial and industrial property leases require the tenant to pay all expenses attending the realty leased, including real estate taxes. However, historically, under applicable law, such a business tenant could […]

Ohio Charitable Supportive Housing Property Tax Exemption Solidified

Posted on in News, Nonprofit, Real Estate
Ohio Charitable Supportive Housing Property Tax Exemption Solidified

In last week’s Advisory, we reported that Ohio Governor Mike DeWine had signed S.B.57 (the “Bill”) which allows for applying to reduce real property taxes due to circumstances directly related to COVID-19. Also contained within the Bill are provisions which solidify the exemption from real property taxes for §501(c)(3) organizations which provide supported housing to individuals diagnosed with […]