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REAL ESTATE VALUES ARE UP: APPLICATIONS FOR PROPERTY TAX REDUCTIONS DUE 3/31

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REAL ESTATE VALUES ARE UP: APPLICATIONS FOR PROPERTY TAX REDUCTIONS DUE 3/31

Back in December, we sent an advisory that certain Ohio counties were due to revise real estate tax values, whether by estimated update or full re-appraisal. These revised tax values for 2021 affect the amount of taxes paid in 2022 and thereafter. The advisory also served as a reminder that property owner challenges to their property values and the […]

Mourning the Loss of our Partner and Friend Steven L. Wasserman

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Mourning the Loss of our Partner and Friend Steven L. Wasserman

The attorneys and staff of Weston Hurd LLP mourn the passing of our Partner and friend Steven L. Wasserman. For more than 40 years, Steve represented his clients in banking and business transactions, real estate development, leasing and financing, and complex shareholder matters. Steve received his B.A. magna cum laude from the University of Cincinnati […]

Congratulations Corky O’Sullivan

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Congratulations Corky O’Sullivan

We are pleased to announce that earlier today Ohio Governor Mike DeWine appointed Weston Hurd partner Cornelius O’Sullivan as a Judge to the Eighth District Court of Appeals. Corky will be sworn in on December 15. Congratulations Corky! Corky joined the firm in January 2019 after spending nearly 15 years as a Senior Litigation Attorney with […]

Angela Carlin Honored as One of Crain’s Cleveland Eight Over 80

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Angela Carlin Honored as One of Crain’s Cleveland Eight Over 80

Congratulations Weston Hurd partner Angela Carlin on being recognized in Crain’s Cleveland Business as one of eight individuals over 80 who have made outstanding contributions within their communities and their professions. According to Crain’s “Age is just a number, and these eight Northeast Ohioans, all 80 or older, are proving that adage every day. Among this year’s class are […]

179D INTERNAL REVENUE CODE TAX DEDUCTION – ENERGY EFFICIENT COMMERCIAL BUILDING DEDUCTION

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179D INTERNAL REVENUE CODE TAX DEDUCTION – ENERGY EFFICIENT COMMERCIAL BUILDING DEDUCTION

The Energy Policy Act of 2005 has been renewed several times with revisions to the level of efficiency required for the deduction. The purpose of 179D deduction is to incentivize owners and developers for installing energy-efficient lighting, mechanical, and building envelope components. The credit only applies to commercial or multifamily properties. The tax benefit is […]

Part II: The Benefit Corporation and Public Charities; Threat or Opportunity

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Part II: The Benefit Corporation and Public Charities; Threat or Opportunity

In a prior advisory (Your Ohio For-Profit Corporation Can Now Do Good; The Benefit Corporation), we discussed Ohio’s recent enactment of its revised Corporation Law, which now permits the formation and operation of a “Benefit Corporation.” Use of the Benefit Corporation permits not only the pursuit of pecuniary gain, but also socially beneficial purposes, many of […]

David Patterson Named President of ABOTA-Ohio Chapter

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Weston Hurd Partner David T. Patterson was recently sworn in by the Chief Justice of the Ohio Supreme Court as President of the Ohio Chapter of the American Board of Trial Advocates (ABOTA). David’s term as President of the Ohio Chapter commences on January 1, 2021. His appointment is considered one of the highest honors one can […]