Another Ohio firm moves in

March 3, 2010
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Let’s begin saying our goodbyes to the name Dann Pecar Newman & Kleiman because in about a year, it will be gone from Indianapolis. Dann Pecar is the latest Indiana firm to merge with an out-of-state firm and lose its name.

Indiana lost the monikers of Sommer Barnard and Locke Reynolds in the past two years after being acquired by Ohio firms. Now Dann Pecar will become Benesch/ Dann Pecar and then just Benesch Friedlander Coplan & Aronoff. Benesch is also based in Ohio.

This may be the first one of the year – or at least first one we’ve learned about – but my guess is this may not be the only merger we’ll see in the next year. Dann Pecar’s former managing partner told the Indianapolis Business Journal that the firm had been searching for a merger partner for several years and even had discussions with two firms based in Indianapolis. He didn’t name them or say where two other firms they spoke with were based.

Legal consultants Altman Weil expect to see an uptick in mergers this year because many deals were on hold pending 2009 year-end results. Mergers were down 24 percent in 2009 as compared to 2008. The Midwest saw nine mergers last year, including Barnes & Thornburgh’s acquisition of a Minneapolis firm, and Indianapolis firm Galbraith Associates’ merger with a larger Cleveland-based firm.

Care to guess whether Indiana will see any more mergers this year? Will those mergers happen with a firm not based in Ohio?
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  1. Well, maybe it's because they are unelected, and, they have a tendency to strike down laws by elected officials from all over the country. When you have been taught that "Democracy" is something almost sacred, then, you will have a tendency to frown on such imperious conduct. Lawyers get acculturated in law school into thinking that this is the very essence of high minded government, but to people who are more heavily than King George ever did, they may not like it. Thanks for the information.

  2. I pd for a bankruptcy years ago with Mr Stiles and just this week received a garnishment from my pay! He never filed it even though he told me he would! Don't let this guy practice law ever again!!!

  3. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  4. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

  5. Pass Legislation to require guilty defendants to pay for the costs of lab work, etc as part of court costs...

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