| Read Time: < 1 minute | News

Mike Foley Elected to ABOTA Membership

Rendigs congratulates Partner Michael P. Foley on his recent election to membership in the American Board of Trial Advocates (ABOTA). Membership in ABOTA is by invitation only and is limited to attorneys who have completed at least 20 civil jury trials to jury verdict or hung jury as lead counsel.  Further, ABOTA-initiated attorneys must possess “high personal character and honorable reputation” per the ABOTA Constitution and Bylaws.  Mike joins an elite group of just 85 attorneys in the Ohio chapter. Rendigs is unique amongst Ohio law firms in that four of our 30 attorneys are ABOTA members: Mike Foley, W. Roger Fry, Thomas M. Evans, David Winchester Peck. Per the ABOTA website, the mission of ABOTA is defined as: The general purposes of this Association shall be to foster improvement in the ethical and technical standards of practice in the field of advocacy to the end that individual litigants may receive more effective representation and the general public be benefited by more efficient administration of justice consistent with time-tested and traditional principles of litigation. For more information about Mike Foley and his practice, visit his profile page at www.rendigs.com.

Continue Reading

| Read Time: < 1 minute | Newsletters

Unclear About What Provisions In Your Employee Handbook May Be Unlawful? The NLRB Tries To Help

Unlawful handbook provisions can trigger unfair labor practice charges, which in turn can result in awards of back-wages, reinstatement, injunctive relief, fines, and other penalties.  The NLRB has invalidated a number of workplace rules it perceived to be overly broad, including policies regulating social media, use of company e-mail, internet, and electronic communication systems, confidentiality, codes of conduct, and at-will employment acknowledgements. Read more: June 2015 Legal Update

Continue Reading

| Read Time: 2 minutes | News

U.S. economy growing steadily, but small banks are at risk

If Federal Reserve head Janet Yellen called Stephen Wilson and asked his advice on monetary policy, he’d tell her to raise interest rates a quarter percent. Business owners are flush with cash, but they are still uncertain about the economy, the Lebanon-based LCNB Corp. chairman and CEO told the Bolder Business group on May 20. If entrepreneurs thought interest rates were on the way up, though, they’d get motivated. “We’ve got all kinds of pent-up demand on loans,” said Wilson, who addressed 25 business owners and leaders at a Firehouse Grill luncheon in Blue Ash. “Business owners are waiting. They don’t want to make a move if they think interest rates are stable. But if they think they’re on the way up, they’ll move.” Wilson, who served for eight years as a board member with the Federal Reserve Bank in Cleveland and is former chairman of the American Bankers Association, loves monetary policy. And using economic statistics from both agencies, he provided attendees with information on the state of the U.S. economy. While the economy is growing steadily and is still the healthiest in the world, we still have some problem areas, he told the group. Two problems are the national debt and the Federal Reserve balance sheet. “The Fed has put a lot of money into junk bonds and has to unwind that to keep the economy moving,” he said. Personal spending is the largest part the economy today, and it is driven by consumer confidence, he said. It has gone up steadily since 2014, and speaks well for the U.S. economy if confidence remains high. But he said he thinks housing growth and prices and are not sustainable. “Housing starts drive employment, but we lost 8.7 million jobs during the recession,” he said. “We’ve recovered 11 million, but the problem is there a lot more people in the workforce now.” He also said the national 5.7 percent unemployment rate from January of 2015 is inaccurate, because new rules with the Bureau of Labor Statistics don’t count people out of work for six months or longer. If joblessness were determined under pre-recession rules, he said, the U.S. would have an 11.3 percent unemployment rate. The good news, though, is that unemployment is still lower than many European countries. Another area of concern for business owners is excessive regulation. Wilson said the Consumer Protection Bureau has added regulations to the already-regulated side of the banking industry, which harms consumers more than protects them. The effect is that excessive regulation squeezes small banks with small staffs, which forces banks across the nation to close or merge into larger banks, said Wilson.  More than 50 small banks in Ohio have closed since 2007, according to the American Bankers Association. “I would submit to you that is it a travesty,” said Wilson. “It is moving economic power from rural to urban areas and we will end up with fewer banks in rural areas… the consolidation is real and it is significant.” Wilson predicted that small banks would continue to struggle until interest rates rise. Bolder Business is a group of business owners and leaders who meet the third Wednesday of each month. The May event was sponsored by Edoc Service and Rendigs, Fry, Kiely & Dennis, LLP. Bolder Business events are listed on Eventbrite. For more information about the Bolder Business organization or to attend an event, contact Jim Mullaney of Edoc Service at jim@edocservice.com or call (513) 829-7101.

Continue Reading

| Read Time: < 1 minute | Newsletters

Voluntary Recalls Protect Risk In Two Ways

Within the last two weeks, three major recalls have taken place by manufacturers of popular food products. Initially, Blue Bell ice cream imposed a recall as a result of eight cases of Listeria in Texas. This was followed by a recall by Sabra as a result of an inspection of hummus in a Kroger market in Port Huron, Michigan, which revealed potential for Listeria. Read More: Voluntary Recalls – April 30, 2015

Continue Reading

| Read Time: < 1 minute | Newsletters

Thinking of buying a business? Here’s where to start.

    When I have the opportunity to sit down with an individual who is looking to buy a business, I am often struck by the earnest surprise shown by the prospective buyer when I go over what items we should request from the seller in determining whether or not to buy the business. Read more: April 2015 RFB Legal Update

Continue Reading

| Read Time: < 1 minute | News

2015 John P. Kiely Professionalism Award

On Friday May 8, the John P. Kiely Professionalism Award will be given to Dr. Frank C. Woodside, III of Dinsmore and Shohl, LLP during the 2015 CBA Annual Meeting. Per the CBA website, this award “recognizes a trial lawyer for possessing outstanding trial skills and demonstrating the highest degree of professionalism, civility and ethical standards in his or her daily practice.” The award is named after Rendigs Partner John P. Kiely who was widely lauded for his ethical approach to the practice of law. Past winners include: Leo Breslin (posthumously, 2001) Robert L. Davis (2002) Thomas S. Calder (2003) Ralph Mitchell (2004) – a past Rendigs attorney James L. O’Connell (2005) Gates T. Richards (2006) Bea V. Larsen (2007) James R. Adams (2008) Robert F. Laufman (2009) David Winchester Peck (2010) – a current Rendigs attorney Kathleen M. Brinkman (2011) Louis F. Gilligan (2012) Gerald J. Rapien (2013) Harold “Hal” G. Korbee (2014)

Continue Reading

| Read Time: < 1 minute | Newsletters

Protecting & Preparing For The Future

After years of growing the business into a profitable organization, business owners often face the problem of retaining talented employees to take their business to the next level. In order to resolve this issue, an attractive option to business owners is to incentivize their employees with equity in the company. By giving the employee an ownership interest, the employee feels tied to the success of the business and will, in theory, work harder and stay at the company. However, granting ownership in the company via capital interest creates an issue that the owner may not have intended. Read More…

Continue Reading

| Read Time: < 1 minute | News

Former Partner Appointed as Judge

Curt Kissinger, a former partner with Rendigs, was recently appointed by Gov. to the Hamilton County Municipal Court, District 4. Judge Kissinger took the bench the day following his appointment and assumed a full docket in less than an hour after being sworn-in.

Continue Reading

| Read Time: < 1 minute | Newsletters

How To Handle a Harassment Complaint

  As an employer you have a duty to prevent and correct harassment in the workplace.  The best way to do this is by creating an effective anti-harassment policy, and a solid method for resolving harassment complaints. Read More – January 2015 Legal Update

Continue Reading

| Read Time: < 1 minute | News

New Miami Speed Camera Fine Ruling On Indefinite Hold

The Journal-News continued their report on the New Miami speed camera fines.  From the commends Judge Michael Sage has made, it appears that a ruling will not be made during her term (which ends February 5, 2015) and potentially may never be made. Wil Weisenfelder, a Partner at Rendigs, was interviewed for the article and explains the Village’s position on this controversial case. Read the entire article here.

Continue Reading