February 2, 2018
House Bill 488 sponsored by Ohio State Representatives Becker and Hood will require that the effect of proposed tax levies be more clearly explained on the ballot. Under current law, information on the effect of a proposed tax levy is expressed based upon the “tax value” of real property (35% of the true value). The proposed … Continue reading Proposed Legislation to Clarify Tax Levy Ballot Language
January 30, 2018
Ohio imposes fees on the conveyance of real estate, and generally determines the value of real property based upon the sale price when the property is sold. One means of avoiding the conveyance fee and reporting the sale price is the use of a “LLC Loophole.” The LLC Loophole is a means of conveying title to … Continue reading Ohio Real Estate Law: Ohio Auditors take aim at “LLC Loophole” transfers
October 15, 2017
When banks and other lenders make a loan for real estate financing, they typically take back from the borrow a promissory note (promising to re-pay the sums borrowed) and a mortgage against the real estate financed (securing the payment of the loan). And under that scenario, even a borrower in default has certain rights as … Continue reading Class action complaint claims complex lending scheme is impermissible under Ohio law
September 14, 2017
In a widely anticipated decision that will have major implications for Ohio businesses, the Ohio Supreme Court today ruled that, for purposes of property tax valuation, sale-leaseback transactions are not “arm’s-length.” Meaning that county auditors and boards of revision should not simply adopt the sale price in such transactions as the “true value” when valuing … Continue reading Ohio Supreme Court: Sale and Leasebacks are not Arm’s-Length Transactions
September 3, 2017
I want to extend a warm and sincere “Thank You” to the attorneys, staff, vendors, and clients of Finney Law Firm, LLC who have joined together to make our firm — dedicated to “Making a Difference” for our clients and in our profession and community — a tremendous success in our first four years in … Continue reading Thank you, one and all.
July 14, 2017
In an age where almost everyone carries a smartphone almost all the time, it is possible for each of us to make a video or audio recording of events and conversations at the touch of a button. YouTube, as we all know, is filled with impromptu video recordings people have made with their cell phones. … Continue reading Ohio employment law: Recording conversations in the workplace
July 10, 2017
Frequently, clients desire to lend money, seller-finance the sale of their business or other asset, buy and then lease out a building, or engage in some other business transaction because they are motivated by favorable business terms the transaction provides on its surface: A high rate of interest, a good return under a lease, or … Continue reading Ohio commercial transactions: Improving your position as a “lender”
June 30, 2017
Our thanks go to Union Township for adding this identifying sign to the Ivy Pointe Commerce Park today. We have made a commitment to Union Township, and they have made a commitment to us!
June 26, 2017
The Finney Law Firm prides itself on our aggressive stance in countering the actions of bureaucratic bullies through claims resulting not just in a victory in the administrative battle being fought, but also in recovering monetary damages, attorneys fees and injunctive relief against those very bureaucrats. However, because of abstention under Younger v. Harris, 401 U.S. … Continue reading Ohio Administrative Law: May one bringing an administrative appeal in Ohio append to that a claim under 42 USC Section 1983?
May 16, 2017
On Friday, the Cincinnati Enquirer and USA Today wrote about our case, NorCal Tea Party v. IRS, the only nationally-certified class action challenging the IRS’ and Lois Lerner’s targeting of Tea Party groups for extraordinary review in their non-profit applications. The new development in that long-running case is that Lois Lerner and her chief lieutenant, … Continue reading Public lnterest law: Cincinnati Enquirer sues to open “Lois Lerner” confidentiality hearing before Judge Michael Barrett