Latest News & Results

Understanding the "vacancy” provisions in your building insurance policy

The recent decision in Oakdale Mall Associates vs. Cincinnati Insurance Company, 702 F3d 1119 (8th Cir. 2013) reminds landlords to check their insurance coverage, especially for vacant buildings. Oakdale shows that determining whether your building is vacant is a technical task. “Vacancy” may permit your insurance carrier to assert reduced coverages or deny claim payment altogether. The terms of your insurance policy control whether “vacant” buildings are covered. You must understand the policy’s definition of “vacant”.
McDowell Rice Smith & Buchanan Announces 2014 Executive Board Members

At its 2014 Annual Meeting, McDowell Rice Smith & Buchanan, P.C., announced the re-election of R. Pete Smith as Chairman, Thomas R. Buchanan as President, Kristie Remster Orme as General Counsel, and Louis J. Wade.
McDowell Rice Smith & Buchanan announces the addition of Scott A. Long as a Shareholder

McDowell Rice Smith & Buchanan announces the addition of Scott A. Long as a Shareholder. Mr. Long’s practice areas include: Banking & Financial Services, Corporate & Business Transactions, and Real Estate Law.
MRSB Volunteer Program – 2013 in Review

Every year, our goal for the McDowell Rice Smith & Buchanan Volunteer Program is to achieve 100% participation, and we did so again in 2013 with every attorney and staff member volunteering their time for over 80 personally-selected charities. In addition to our volunteer efforts, Firm members contributed and/or helped raise over $92,100 in support of approximately 50 charities and various fundraising campaigns throughout the Kansas City area.
Mike Gorman defeats NLRB unfair labor practice charge

Client is a family owned fast food restaurant. In August, 2013, several of restaurant’s employees struck as a part of the nation-wide fast food workers’ strike. Following the one day strike, one striker, with union assistance, brought a NLRB unfair labor practices charge against restaurant. Employee claimed that restaurant cut his hours and changed his duties as a result of his participation in the strike.
Rebecca Martin achieves offer in compromise success

During 2013, Rebecca filed Offers in Compromises for taxpayers which were accepted by the IRS compromising over $3.5 million in liabilities. Of the Offers in Compromises accepted, three were accepted under effective tax administration / public policy criteria.
Salvation Army and United Way Charity "Calls to Action" Answered

This year, McDowell Rice committed to a record-breaking number of adoptions, surpassing our former record. McDowell Rice also collected over $5,000 in donations during the 2013 United Way Campaign, slightly higher than last year's donations.
Rob Maher and Kristie Orme obtain $1.9 million judgment for bank against borrower

After filing suit on behalf of a bank client against a borrower and a number of other lienholders for default under a commercial loan, Rob Maher and Kristie Orme successfully obtained summary judgment against the borrower and the junior lienholders for all amounts owed under the loan documents plus attorneys' fees and costs. The borrower and a junior lienholder opposed the bank's summary judgment motion on various legal grounds.
Mike Gorman wins $1.2 million Summary Judgment for Floor Plan Lender in New York Federal Court “Out of Trust” case

Lender floor planned an auto dealer in New York. Dealer sold cars out of trust and diverted $1.2 million of vehicle proceeds to personal use. Floor Plan Lender, represented by Gorman, sued Dealer in New York Federal Court for Replevin and Breach of Contract, and sued Dealer’s Guarantors for Breach of Contract.
Super Lawyers 2013 Annual List

Congratulations to the following attorneys who have been selected to the 2013 Missouri & Kansas Super Lawyers List in their primary practice area, and are featured in the 2013 Super Lawyers Magazine for Missouri & Kansas:

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