Changes to Ohio Banking Law
By Grant Stephenson Last year, the Ohio Legislature made a number of important changes to Ohio’s statutory banking code. These are the first comprehensive changes in more than twenty years. Most of...
View ArticlePractice Pointer for Creditor’s Rights Counsel: Draft Complaints With the New...
By Polly Harris The Ohio Judicial Conference has issued a bench card, a copy of which is attached, that gives Ohio’s Common Pleas Court judges a checklist they may use when presented with an order...
View ArticleWhy You May Want To Do Business Under Ohio’s 2018 Banking Law
By Grant Stephenson Let’s say your client is a bank based outside of Ohio, and suppose further your client wants to set up a banking business in Ohio. Most of the time a merger transaction will result...
View ArticleOhio Legislature reaffirms approval of electronic transacting, but lenders...
By Carlin Littles Earlier this month, SB 220, the Ohio law that amended Ohio’s version of the Uniform Electronic Transaction Act (UETA) became effective. The amendment to the UETA confirms that...
View ArticleOHIO’S NEW NOTARY LAW REQUIRES IMMEDIATE ATTENTION
By Mike Reed Ohio is a relatively new adopter (September 20, 2019) of laws permitting electronic on line notarization. These new laws generated a great deal of excitement when they went into effect on...
View ArticleSixth Circuit Underscores Importance Of Moving For A Stay After Entry Of...
By Jason Gerken and Porter Wright On September 9, 2016, the United States Court of Appeals for the Sixth Circuit issued a decision that parties in foreclosure proceedings should read carefully. In...
View ArticleLiquidated Damages Provisions Are Enforceable Despite As Applied Inequities
By Porter Wright Bankers and other business persons should carefully consider a significant change this year to the state’s law regarding contractual default clauses. The change was made by a...
View ArticleThe Ohio Legislature Creates an Alternative to the Judicial Foreclosure...
By Tami Hart Kirby The D.O.L.L.A.R. Deed Program for Ohio (the “Program”) was created following the passage of Substitute House Bill 303, and went into effect on September 28, 2016 in order to provide...
View ArticleHB 67 Warrants of Attorney
By Porter Wright Another attack on the use of warrants of attorney to confess judgment was recently introduced into the 132nd Ohio General Assembly. H.B. 67 was introduced on February 16, 2017 by...
View ArticleOhio Amends the Good Funds Law Effective on September 29, 2017
By Tami Hart Kirby The Good Funds Law went into effect on April 6, 2017 amending Section 1349.21 of the Ohio Revised Code to require stricter controls for all residential real estate transactions...
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