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5 June 2017 | 113 replies
In determining whether the company is the alter ego of the individual, Ohio courts consider the following factors:(1) grossly inadequate capitalization, (2) failure to observe corporate formalities, (3) insolvency of the debtor corporation at the time the debt is incurred, (4) shareholders holding themselves out as personally liable for certain corporate obligations, (5) diversion of funds or other property of the company property for personal use, (6) absence of corporate records, and (7) the fact that the corporation was a mere facade for the operations of the dominant shareholder(s).The Ohio Supreme Court has recently revisited the Belvedere test in Dombroski v.
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4 June 2015 | 5 replies
Just read an article about the Supreme Court rejecting 2nd lien stripping in Chapter 7 bankruptcies.
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3 July 2015 | 20 replies
Rent control laws are pervasive, and our Board of Stupidvisors is tripping over themselves trying to pass more restrictions, many of which get overturned in state supreme court as being unconstitutional or violating takings laws.
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4 July 2015 | 0 replies
We take a look at some of the reactions towards the last week’s controversial Supreme Court ruling on Texas Department of Housing and Community Affairs v.
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30 October 2021 | 5 replies
Thankfully the IL supreme court would shoot this down if it somehow passed in any part of the state.
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7 November 2021 | 7 replies
I've heard that supreme lending is offering a nice deal for down payment assistance on FHA.
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4 November 2021 | 12 replies
I believe the "duty to mitigate damages" came from the common law and has later been opined and upheld in numerous Supreme Court cases.
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15 November 2021 | 16 replies
You may have already talked to them, but I discussed 4plexes with Supreme Lending earlier this year and they'll finance as investment property on 1-4 units and refer you to commercial at 5+.
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19 May 2021 | 95 replies
I know I keep repeating this, but at some point, the Supreme Court is going to rule on this question.California (where I live and invest) wants a full reopening by early June, but wants to extend the eviction moratorium?
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17 May 2021 | 11 replies
@Allen McGlashing We've been closing deals with Michael Owens at Supreme Lending...I think they are based in Texas but have a national reach for lending on investment properties.