The Importance of Valuating Art

Written By: William Doering, Associate Edited By: Zach Eccleston, Partner; and Courtney Evans, Managing Title Examiner  Valuation is an important part of owning any type of property. It is defined as the process by which property is examined and given an estimated monetary value.1 Putting a monetary value on property such as artwork can provide […]

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Article / The Dynamics of COVID-19 and Force Majeure Clauses in Ohio Oil and Gas Leases

“Force Majeure” is a French term and literally means superior force.  Haverhill Glen v. Eric Petroleum Corp., 2016-Ohio-8030, 67.N.E.3d 845 ¶ 25 (7th Dist.).  It is commonly defined as an event or effect that can be neither anticipated nor controlled.  Black’s Law Dictionary 673-674 (8th Ed. 2004).  Moreover, force majeure clauses are typically included in […]

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Case Study / Extinguishment of Oil and Gas Interests Under the Ohio Marketable Title Act

The Marketable Title Act In 2016 the Ohio Supreme Court held in Corban v. Chesapeake Exploration, LLC (2016-Ohio-5796) that the 1989 Dormant Mineral Act (“DMA”) (O.R.C. § 5301.56) was not a self-executing statue.  Since then surface owners have been turning to the Ohio Marketable Title Act (“MTA”) (O.R.C. § 5301.47-5301.56) as an alternative option to […]

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