Ohio Practical Business Law

Recent Posts from Ohio Practical Business Law

• Raising Capital for the Ordinary Lifestyle Business

   Tech is HOT.... and chances are, if you have a technology-based or tech-related business, you've already at least heard about the enchanting world of venture and angel capitaltists as a source of funds for your business.  Or perhaps you've…

• A Brief Interlude of Amusement

  Mostly because I feel like it and this is MY blog, today's post has nothing more than a selection of links to stuff I found today (after working hours, of course) that sorta cheered me up and…

• Empirical Investigation of Corporate Veil Piercing Cases

  Is the law and determinations in individual cases of corporate veil piercing an “unprincipled hodgepodge of seemingly ad hoc and unpredictable results”?  Often it may seem so.  Now, however, Political Science professor Christina Boyd and Law…

• Credit Bidding in Foreclosure Cases in Ohio: SURPRISE - Maybe Not!!

  Suppose a foreclosing lender had to come up with the CASH for EVERY deposit required in foreclosure sales in which it was the foreclosing plaintiff and successful bidder at sheriff's sale.  It shouldn’t take long to…

• SCOTUS Across the Pond: Introducing SCOTUK of the United Kingdom

  Until he retired a few years ago from Iowa State University, my Dad Jorgen Rasmussen taught Political Science, specializing in British and European politics.  So, carrying on his Anglophile tendencies, the advent of the Supreme Court…

• Going Once, Going Twice, Sold to the Plaintiff for $XX - Attending a Foreclosure Sheriff's Sale in Ohio

  This morning I went down to the weekly Franklin County Sheriff's Sale to bid on a property for a client.  I don't get down there for this sort of thing that much anymore - paralegals…

• Reaching a Judgment Debtor's Patents and Other Intangible Property Through a Creditor's Bill

  Because getting a judgment and actually getting paid on the judgment are two very different things, it may be worthwhile to "think outside the box" when it comes to finding ways to collect.  If a…

• The Ten Most Important Things to Know about Cognovits and Confessions of Judgment in Ohio

  I'm finishing up my recent series of posts on cognovit notes and judgments with a summary of the key things to know about cognovit notes and judgments in Ohio.         1.  Shortcut to Judgment.  Cognovit notes provide…

• A Lender's "Indulgences" Curtailed?

  When I hear the word "indulgences", my mind immediately goes to something "sinful" and well, probably fun.  In this case, however, I'm talking about  that ubiquitous provision found in loan documents designed to allow lenders to continue…

• Making a "Federal Case" Out of a Cognovit Judgment

  How would Peanuts’ Linus manage without his trusty security blanket? Depending on the result, the Sixth Circuit reaches in a recently appealed cognovit judgment case, financial institutions such as banks and others relying on cognovit notes,…