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How Long Does a Bank Have to Bring a Collection Action Against a Debtor in Default? f you asked most lawyers in Kentucky how long they have to file a collections suit against a debtor in default on a promissory note, they’d tell you “fifteen years.” After all, a note...
Kentucky’s Adverse Possession Law Kentucky law allows people who trespass or encroach on the property of another for a minimum period of time to develop an ownership claim to the property. A successful adverse possession claim satisfies five elements: the trespasser’s...
Kentucky’s Fairness in Construction Act: Rights and Remedies In 2007, the Fairness in Construction Act (KFCA) revolutionized construction law in Kentucky. First, the KFCA voids some common provisions in construction contracts. Second, it creates new regulations to...
Kentucky General Assembly Passes Senate Bill 7 During its 2019 session, Kentucky’s General Assembly passed a number of new laws affecting the relationship between employers and employees. One such law was Senate Bill 7, which amended portions of KRS 336.700. Senate...
KENTUCKY COURTS WEIGHING SCOPE OF SOVEREIGN IMMUNITY On January 18, 2019, a three-judge panel of the Kentucky Court of Appeals held that the doctrine of sovereign immunity did not shield a county-created water district from a resident’s negligence claim. ...
Opportunity Zones – Unique Investment Vehicle and Opportunity to Defer Capital Gains Tax As part of the Tax Cuts & Jobs Act of 2017, the Act allowed for the creation of “opportunity zones” in certain designated low income census tracts. Kentucky has designated 144...
The Community Foundation of South Central Kentucky Ribbon Cutting Laura Hagan, current board member and Jim Harris, former board member of The Community Foundation of South Central Kentucky, attended the ribbon cutting for The Community Foundation’s new location at...
Opening a New Business? Are you opening a new business? Are you an entrepreneur looking to expand your existing business? Do you want to protect your business from legal liability? If so, you may need a business lawyer. “One of the many things entrepreneurs forget...
Copyright Bullying is Real! In our practice, we often see situations where copyright owners file takedown notices with a hosting service or an online service provider, which has no basis in law or fact and are solely meant to intimidate the target of the takedown...
Sixth Circuit Issues Important Insurance Coverage Ruling On December 9, 2009, a limb from a red maple tree fell during a windstorm (with winds in excess of 50 mph) in Somerset, Kentucky and killed 17-year old Kaitlyn Griffin and her unborn child. The tree limb also...