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Travis and Taylor's Terrible Title Trouble, Trouble, Trouble...

Blog Post

Featured in the Cleveland Metropolitan Bar Journal

BMD Partner Scott Heasley recently authored a featured article for the Cleveland Metropolitan Bar Journal. In "Travis and Taylor's Terrible Title Trouble, Trouble, Trouble..." Scott blends pop culture with legal insight, following a fictional Taylor Swift and Travis Kelce as they face title disputes and insurance issues in their new condo. Through their fictional ordeal, Scott explores key ethical challenges insurance defense firms must consider in title claim cases. 

Taylor and Travis (T + T) were finally ready to settle down after years in the spotlight.
They had toured the world many times over, but they were ready to settle down in a cozy condominium in “Bobcat” County, Ohio.

T + T found a condominium they loved. They paid cash (of course) after limited negotiations, but they were savvy enough to have TITLECO Title Company conduct a title search prior to closing. T + T also ponied up for title insurance to ensure the investment in their forever home was protected.

Just a few months later, trouble-trouble-trouble came knocking at their door. As it turns out, the Seller Family that sold them the condo had been feuding for years. Elder Brother was suing his siblings, claiming he held an ownership stake in the condo prior to the sale. He sued several of his siblings and included T + T as co-defendants asserting they only owned half of the condo.

Read the full article in the Cleveland Metropolitan Bar Journal.


Invitation to Banks & Family Office/Ultra-high Net Worth Investors Exploring Cannabis Lending to Join Our Informal Institutional Cannabis Lenders Community

An update on the latest developments in the cannabis banking/lending space by subject matter expert, BMD Scottsdale/Phoenix Office Managing Partner Stephen Lenn

Community Banks: Collaboration, not isolation, is the key to protecting/ enhancing the cannabis business you pioneered

As we prepare for the plenary session of the informal institutional cannabis lenders community announced in my previous article, I am pleased to advise that participants now include 5 of the best-known dedicated loan funds; a select group of commercial banks ranging in size from single state community banks to mid-size regionals making cannabis loans into the mid-8 figures; and, a syndicator of credit union cannabis loans.

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.