Publications

CORONAVIRUS, PROJECT INTERRUPTION, AND CONTRACTUAL OBLIGATIONS

Posted on in Architects and Engineers, News
CORONAVIRUS, PROJECT INTERRUPTION, AND CONTRACTUAL OBLIGATIONS

Yesterday Ohio Governor Mike DeWine announced that a Stay-at-Home Order executed by the Director of Ohio Department of Health Dr. Amy Acton shall become effective at 11:59 p.m. on March 23, 2020. Under the Order, all non-essential business and operations must cease all activities except for minimum basic operations. Essential businesses are encouraged to remain […]

BUSINESS INTERRUPTION COVERAGE – INSURANCE INDUSTRY AND LAWMAKERS WEIGH IN

BUSINESS INTERRUPTION COVERAGE – INSURANCE INDUSTRY AND LAWMAKERS WEIGH IN

In a letter dated Wednesday March 18, 2020, a bipartisan group of U.S. Congressional lawmakers urged four major insurance trade organizations “to make financial losses related to COVID 19 and other infectious disease-related losses part of their commercial business interruption coverage for policy holders.” The lawmakers advised that the “shelter-in-place” orders that have been issued […]

COVID-19 and Force Majeure

COVID-19 and Force Majeure

Unforeseeable circumstances – such as the outbreak of coronavirus (“COVID-19”) – that prevent a party from fulfilling its contractual duties may fall under the force majeure clause of that contract. However, a great deal depends on the nature of the event and its impact on the specific contract and its performance by the parties.  The […]

BUSINESS INTERRUPTION COVERAGE AND THE CORONAVIRUS

Posted on in Insurance, News
BUSINESS INTERRUPTION COVERAGE AND THE CORONAVIRUS

In a matter of weeks, Governmental action, in Ohio, and a growing number of states, due to the Coronavirus pandemic, has already resulted in governmentally mandated closures of bars, restaurants, schools, hair salons, barber shops, tattoo parlors, spas, gyms and movie theaters, etc.  The list is lengthy and grows by the day.  Ohio’s Governor, Mike […]

Weston Hurd’s 2020 Desktop Legal Primer for Ohio Claims

Posted on in Insurance, News, Publications
Weston Hurd’s 2020 Desktop Legal Primer for Ohio Claims

Weston Hurd’s 2020 Desktop Legal Primer for Ohio Claims serves as a comprehensive go-to-guide and useful reference tool for insurance claims professionals. Researched and written by Weston Hurd attorneys, the Primer contains Ohio statutes, case citations and covers information regarding: Claim Limitation Periods – Statutes of Limitation; Product Liability Statute of Repose; Construction Statute of […]

PRICE OF LLC MAY SET REAL ESTATE VALUE FOR TAX PURPOSES

Posted on in News, Real Estate
PRICE OF LLC MAY SET REAL ESTATE VALUE FOR TAX PURPOSES

Parties to real estate transactions frequently use the transfer of limited liability company membership interests instead of a deed to transfer ownership in the underlying real property. This may be done for a variety of reasons, including the avoidance of paying a conveyance fee. Historically, this method has also been used when the purchase price […]

YOU AUTO KNOW® – Risk of Loss

Posted on in Automotive/Transportation, News
YOU AUTO KNOW® – Risk of Loss

Scenario:  Mr. Jones takes delivery of his new vehicle. During the period of time when the title is being transferred to Mr. Jones, he is in a serious accident, and the vehicle is determined to be a total loss. Mr. Jones contacts you and states that the dealership is responsible for payment of the vehicle since […]