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Stone’s Throw to Columbus

Posted by on Jul 9, 2014 in blog, In the Press | Comments Off on Stone’s Throw to Columbus

In its search for a new distribution center and restaurant, Stone Brewing Co. has given a nod to Columbus. Mayor Coleman and John Lowe, CEO of Jeni’s Splendid Ice Cream, visited the California based company to vie for the new location. Columbus’s micro and craft brewing has been on a steady rise, and adding Stone Brewing Co. would really solidify it as a brewing powerhouse.  Local Columbus brewers assured Stone that the city is “a big beer market” with plenty of additional upside to a Columbus location. Along with an already impressive brewing district and beer market, Columbus has a large base of graduates that would make an impressive work force. Stone has some very specific requirements, such as enough room for both a brewery and restaurant within a mile of a major freeway, but is very eager to...

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Gallery Hop Purveyors Should Learn from Cleveland Gallery Raid

Posted by on Jun 16, 2014 in blog, In the Press | Comments Off on Gallery Hop Purveyors Should Learn from Cleveland Gallery Raid

With gallery hop season in full swing, purveyors and patrons should be aware of the proper protocol when it comes to serving alcoholic beverages at special events.  Recently, a gallery in Cleveland faced some trouble after owner Loren Naji allegedly gave away free alcohol at his opening. The police raided the event after several noise and overcrowding complaints by neighbors, only to find over $700 worth of wine and beer being served. Unfortunately, Naji failed to apply for an F2, a temporary liquor permit for cultural events. While serving free wine or beer to patrons of a gallery is not new, Naji attracted far too much attention to remain undetected. Naji claims to not have known a permit was required, along with many other local gallery owners who were contacted. Other gallery owners insist Naji was being excessive with...

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Ski Resort Loses Lease

Posted by on May 23, 2014 in blog, In the Press | Comments Off on Ski Resort Loses Lease

Park City Utah is well known for being a resort town for skiing, as well as some famous events like Sundance. Recently, the owners of one of these ski resorts, Park City Mountain Resort, lost its lease to a neighboring resort, not for lack of payment or violations, but rather for being two days late on their renewal. During this time, Park City Mountain Resort, unaware their renewal was late and unaccepted, invested over $7 million in renovations. The landlord refused to accept the late renewal, and additional offers from Park City Mountain Resort, allowing neighboring Vail Resort to acquire major portions of the mountain. Park City Mountain Resort has been entrenched in a three year legal battle to reclaim its territory, and find themselves on the losing end. Courts affirm that the lease agreement had specific dates to...

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Privatization of Liquor Revenue

Posted by on Apr 14, 2014 in blog | Comments Off on Privatization of Liquor Revenue

JobsOhio, a non-profit public and private organization intended to spur economic development in Ohio, is starting its first large scale projects. In 2012, Governor Kasich allowed JobsOhio to take over liquor sales in the state. JobsOhio paid $1.4 billion to control liquor sales for 25 years. While the state retains 75% of profit, JobsOhio will receive 25% of profit, if everything goes as planned. Due to the nature of the contract, JobsOhio makes 25% profit off projected numbers, not actual profit. Since liquor sales in Ohio have been hitting all time highs, this also means extra profit for JobsOhio. JobsOhio will take the money it raises from liquor sales, and provide loans to businesses in Ohio. These loans are specifically designed to fund new jobs in Ohio, and are selectively awarded on that basis. Last year the loans amounted...

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Life sentence overturned

Posted by on Apr 7, 2014 in blog | Comments Off on Life sentence overturned

Recently the Ohio Supreme Court overturned a life sentence on Eric Long (a 17-year old at the time of the offense). Five years later, after several denied appeals, the Ohio Supreme Court determined the sentence did not adequately bring his age into consideration. The Court did hold the conviction, and determined the lower courts would determine resentencing. Lower courts of appeals found no need to revisit the sentencing, however the Supreme Court determined 5-2 the case must be resentenced. The appeal process can be burdensome; however, with proper legal help even long held cases may be revisited. While an appeal is typically not a promise of a shorter sentence or reduced fines, appealing can be helpful for many reasons. If you or someone you know feels an appeal can help a legal situation call Hastie Law Offices at...

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No more buyouts?

Posted by on Mar 31, 2014 in blog | Comments Off on No more buyouts?

In an earlier article, we mentioned the buyout of Jim Beam by Suntory Holding,however further news of buyouts may become rare. Assuming this deal goes through as scheduled, there is a lack of small companies left to buyout. Several other companies also had their eyes on acquiring Beam Inc., including Diageo, the world’s largest distiller. Conglomerate companies now control a wide range of liquors, boiling the market down to only a few real choices. Between the big four (in order):  Diageo, Pernod, Suntory, and Brown-Forman, only a few smaller groups exist. However, a few potential future buyouts could still be made. For example Campari, a private family owned business holding the Skyy Vodka and Wild Turkey labels, and Bacardi, (who owns Grey Goose and Bombay), could each be bought out in the near future, but it is not likely. Besides those...

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