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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.


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.

Out of the Shadows | An Investor Summit Recap

After a COVID hiatus of more than 2 years, I rejoined the institutional cannabis investment speaker circuit, offering the closing remarks at the Kahner Global Cannabis Private Investment Summit in Coral Gables, Florida. My remarks addressed how banking developments are increasingly impacting cannabis investment, operating and financial strategies and decisions, for both plant touching and the growing array of ancillary businesses serving the industry.

BMD Announced in Best Law Firms 2022 List

We are excited to announce that BMD is included in the 2022 Edition of U.S. News – Best Lawyers “Best Law Firms,” recognized for professional excellence with consistently impressive ratings from clients and peers. The full firm report is included.

Key Takeaways from BMD’s Banking and Cannabis Webinar

Estimates have shown that the cannabis industry is one of, if not the, fastest growing industries in the United States in recent years, with no sign of slowing. Growth requires capital. Banks need loans, and cannabis companies, which are rapidly becoming bankable need access to lower cost bank lending. While cannabis remains federally illegal, an impediment to access to financial institution credit, banks and credit unions are nevertheless entering the market in increasing numbers.