The Kentucky Bankers Association (KBA) has invited John McGarvey to emcee the 2017 KBA Annual Convention. The event will take place on Sept. 24-27, in Asheville, NC. The theme of this year’s conference is “Strong Roots, Bright Tomorrow.” John’s practice concentrates on secured …
Brad Salyer Appointed to the Panel of Chapter 7 Trustees
The United States Trustee has appointed Brad Salyer to the Panel of Chapter 7 Trustees for the Western District of Kentucky. The appointment was effective July 25, 2017. This appointment designates Salyer as the presiding officer at section 341 meetings of creditors, where he has …
How to Respond to an Order of Garnishment When the Only Funds in the Account Are Exempt from Garnishment
A recent Kentucky Court of Appeals decision in Deal v. First and Farmers National Bank, Inc., 2017 WL 1193175 (Ky. App. 2017), details how banks must handle garnishment orders when there are conflicting federal and state laws. Cindy Deal (“Ms. Deal”) obtained a money judgment …
Six Morgan & Pottinger Attorneys Named Best Lawyers
Six Morgan & Pottinger attorneys have been selected by their peers for inclusion in the 2018 Edition of Best Lawyers in America® in the practice areas of: ADMINISTRATIVE/REGULATORY LAW - Lexington, KY Michele M. Whittington BANKING AND FINANCE LAW - Louisville, …
Michele Whittington Joins Morgan & Pottinger
Morgan & Pottinger, P.S.C. announced today that Michele Whittington has joined the firm’s Lexington office as a member. Whittington’s practice focuses on state and local taxation and administrative law. With more than 30 years of experience, she has represented taxpayers in a …
2017 Kentucky Legislative Update
A record 193 bills were passed into law during the 2017 session of the Kentucky General Assembly. This summary is by no means exhaustive, but covers some of the major legislation that was passed, as well as laws that might impact your profession. Please feel free to contact one …
Collecting Post Charge-off Interest After Unifund v. Harrell
In Unifund CCR Partners v. Harrell, a recent case involving collection of an open-end consumer credit card account, the Kentucky Supreme Court held that by entering a written contract specifying interest at a contract rate in excess of 8%, the lender extinguished its right to …
Taylor Hamilton Elected to Junior Achievement of Kentuckiana’s Regional Board of Directors
Taylor Hamilton was unanimously elected to serve on Junior Achievement of Kentuckiana’s Regional Board of Directors. Junior Achievement’s mission is to inspire and prepare young people for success and foster a sense of purpose to overcome life’s challenges. Through a …
Mindy Sunderland Elected Chair of the Kentucky Bar Foundation’s IOLTA Board of Trustees
Mindy Sunderland has been elected chair of the Kentucky Bar Foundation’s IOLTA Board of Trustees. IOLTA (Interest on Lawyers Trust Accounts) is a law-related public service program that strengthens the justice system. IOLTA programs operate throughout the United States and …
Kentucky Adopts Bright Line Standards for Grantor and Grantee Names in Deeds
Lenders now have bright line rules for the “full name” of grantors and grantees names in deeds to real property. An amendment to KRS 382.135, enacted by the 2017 Legislature, effective June 29, 2017, adopts the UCC Article 9 rules for the names of individual grantors and …