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Scott Sandrock Awarded the Outstanding Eagle Scout Award

Blog Post

BMD is proud to recognize its member Scott P. Sandrock being awarded the Outstanding Eagle Scout Award by the Boy Scouts of America.  This award recognizes Eagle Scouts who have later achieved distinction in their professional careers and leadership through community service.  A limited number of these awards are presented annually.  The Award was presented at the Annual Eagle Scout Recognition Dinner in January.

Scott is a partner in our Akron office concentrating in business matters, healthcare transactions, franchising and business succession.  He has published over 50 articles including contributing to three books.  His articles have been cited as legal authority by the Supreme Courts of the States of Illinois, Pennsylvania and Connecticut, as well as the United States Federal Court of Appeals for the 11th Circuit.  He is a member of numerous bar associations and currently serves as Vice-Chairman of the Bar Applicant Committee of the Stark County Bar Association.  He was selected by his peers as a Life Fellow of the Ohio State Bar Association.  Scott is an honors graduate of the University of Notre Dame and The Ohio State University College of Law.

Scott has been extensively involved in leadership positions in community organizations.  He has served as the President of Community Services of Stark County, the Chapter Chairman for the American Red Cross, President of Prescription Assistance Network, President of Canton City Schools Foundation, President of the Buckeye Council Boy Scouts of America, President of Family First and President of the Rotary Club of Canton.  He has extensive service in other Scouting positions including serving as a unit leader, national staff positions at national events, and as an advisor on multiple high adventure trips.

Scott serves as a Trustee of the Austin Bailey Foundation, the Rocco Foundation and the Stark County Dental Society Charitable Foundation.  He has provided leadership to numerous community fundraising projects and campaigns.  He has also served our community as a village councilman and as a member of the Jackson Township Zoning Commission.  He has received other community recognitions for his ongoing community service.


Non-compete Agreements are Under Fire: What Employers Need to Know

Non-compete agreements are an ongoing topic of dispute. Employers and their advocates point to the efficacy of non-competes in protecting proprietary information. Employees and their advocates argue about worker mobility and that employers unduly burden workers’ ability to seek better jobs. The Biden administration has put forth its position, and state legislatures have introduced bills addressing the enforceability of non-competes. Here is what you need to know:

BMD’s Jason Butterworth Quietly Engineers Some of Akron’s Most Impactful Projects

Jason Butterworth, a team member of BMD’s Business & Corporate practice, focuses his practice on finance, real estate, and tax credit law.

Explosive Growth in Pot of Gold Opportunity for Bank (and Other) Cannabis Lenders Driving Erosion of the Barriers

Our original article on bank lending to the cannabis industry anticipated that the convergence of interest between banks and the cannabis industry would draw more and larger banks to the industry. Banks were awash in liquidity with limited deployment options, while bankable cannabis businesses had rapidly growing needs for more and lower cost credit. Since then, the pot of gold opportunity for banks to lend into the cannabis industry has grown exponentially due to a combination of market constraints on equity causing a dramatic shift to debt and the ever-increasing capital needs of one of the country’s fastest growing industries. At the same time, hurdles to entry of new banks are being systematically cleared as the yellow brick road to the cannabis industry’s access to the financial markets is being paved, brick by brick, by the progressively increasing number and size of banks that are now entering the market.

Celebration of Asian American and Pacific Islander Heritage Month

In recognition of Asian American and Pacific Islander Heritage Month (AAPI Heritage Month), Brennan Manna and Diamond is proud to recognize the contributions and achievements of our AAPI members.

Fluresh Cannabis’ Bank Loan: Moving Into the Mainstream

The announcement by Fluresh, a vertically integrated Michigan based cannabis business, of the closing of loans from a federally insured commercial bank totaling almost $50 million represents an important landmark for both Fluresh and the cannabis industry writ large. For Fluresh, perhaps as important as the bottom-line benefits of lower cost financing, the fact that its operations and financials passed muster with a substantial commercial bank can be regarded as an important rite of passage. For the industry, it reflects its inexorable movement out of the shadows and into the mainstream. This substantiates the view that, whether or not any of pending the federal legislation is enacted, bank lending to the cannabis industry will continue to accelerate.