Category: Banking Law

BGS Adds Experienced New Attorney to Real Estate/Banking Department

February 20, 2019  |  Barna, Guzy & Steffen, Ltd.

Barna, Guzy & Steffen LTD. is pleased to announce the addition of a new attorney to our firm. Joseph J. Deuhs, Jr. brings to BGS extensive expertise in representing financial institutions and commercial real estate owners. He will work closely with attorneys practicing in the firm’s Real Estate/Banking Department as he works with existing and new clients. Deuhs joins BGS after practicing for more than 25 years at the law firm of Leonard, O’Brien Spencer Gale & Sayre, LTD in Minneapolis where he began as an Associate in 1990. His extensive legal expertise in providing representation to financial institutions includes decades of counsel in matters of commercial lending transactions, workouts, restructures, enforcement of creditors’ remedies and other banking matters. Deuhs also has experience in commercial real estate matters in areas including acquisitions, financing, development and leasing. His addition to the firm solidifies Barna, Guzy and Steffen’s commitment to providing its clients the assistance of qualified and experienced attorneys working within the highly regulated banking community. During his career, Deuhs has been recognized as a Super Lawyer and Martindale-Hubbel AV rated lawyer. He is a 1986 graduate of Hamline University School of Law and was admitted to the Minnesota State Bar Association the same year. He is also a member of the U.S. District…

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New Associate Attorney Thomas M. Caturia Joins Barna, Guzy & Steffen, Ltd.

May 29, 2018  |  Barna, Guzy & Steffen, Ltd.

Barna, Guzy & Steffen LTD. announces the addition of a new associate to our firm. Thomas M. Caturia has joined the firm’s Real Estate and Banking departments.  He will be working closely with attorneys practicing in the firm’s growing Real Estate and Banking areas serving existing clients and enhancing the firm’s ability to serve new areas of the community. He joined BGS as law clerk in 2016 prior to receiving his J.D. at Mitchell Hamline School of Law and passing the bar.  Before that, he also clerked for the Hennepin County Attorney’s Office and was a volunteer with the Minnesota Justice Foundation. He will be practicing in a variety of real estate related areas, including: commercial leasing, real estate financial structures, transactions, and real estate management as well as commercial banking. He is excited about this new opportunity in his legal career and says, “It’s truly a blessing to be working with such a great group of attorneys and staff here at BGS.  I look forward to a long career working alongside them serving the Minnesota real estate and banking communities.”

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January 19, 2015  |  Barna, Guzy & Steffen, Ltd.

by: Karen Kurth and Timothy Erb For most homeowners associations, owners of property within the association are bound to pay annual or monthly assessments to the association to cover common expenses incurred by the association to operate the association. The amount and nature of the common expenses will vary depending upon whether or not the association is a condominium, attached town-home, detached town-home or single family home association. Such common expenses often cover costs incurred by the association related to insurance, maintenance, property management, and other costs incurred by the association to own or maintain common elements. The declaration, which is recorded against title to the property, not only typically requires each owner to pay assessments, but also specifies the items the association is to maintain, insure or otherwise address. These expenditures comprise the common expenses. The declaration may specify that each property owner is to pay an equal share of common expenses or some other allocation of common expenses which is based upon differences in square footage, architectural product or other similar rational distinctions. The declaration and/or statutory authority may also specify that the owner is also required to pay late payment fees and attorneys’ fees incurred by the association to collect the unpaid assessments and that such fees become part of…

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