The Mundane Situations of Chestnut + Hazel # 10




There is this onion that I'm cooking.
and. in my mind I'm just thinking:
I'm really hoping this boiled onion
turns out amazing. I  Kind of have 

to think about. well. I guess everything
isn't really the end of the universe or 
anything. i think that everything might
be okay.

wulf v bravo brio restaurant group 2019

wulf is appealing 

    the summary judgement of the trial court the original
    original was suit was for damages as a result from
    negligent behavior of a bravo employee

facts

    wulf was injured while dining at cucina italiana in
    west chester ohio - he stated that while he was on his
    way to the restroom a woman in a bravo uniform
    backed into him, causing him to fall and break his hip

    wulf also states that the woman apologized to him for
    the accident, and that the woman acknowledged working
    for the restaurant
    
    wulf also mentioned that another person dining at the
    restaurant mentioned witnessing the incident.

    however, wulf was never able to specifically identify
    and name the waitress who bumped into him and
    that he only knew that it was a bravo employee's fault
    because the woman in the bravo uniform said she
    caused the issue

issues
    
    is a plaintiff required to specifically identify and name
    a negligent employee for the doctrine of respondeat superior 
    to apply

    what types of hazards does the open and obvious doctrine 
    apply to

    was it appropriate for the trial court to grant a summary judgement
    in favor of the defendant bravo brio restaurant group

rule

    the doctrine of respondeat superior does
    not require that an employee be specifically
    identified and named for an employer to be deemed
    liable for the negligent behavior of an employee
    
    the open and obvious doctrine applies to static hazards
    and not dynamic hazards

    the trial court granting a summary judgement in favor of
    the defendant was not appropriate

application

    the appellate court ruled that an employee only need 
    to be identified as an employee and to have been acting
    within the scope of employment for the employer to be
    held liable for the negligent behaviour of an employee
        
        the employee does not need to be specifically
        identified and named as a party to the suit
        for the doctrine of respondeat superior to apply

        the appellate court noted that bravo brio cited
        cases regarding respondeat superior where the 
        negligent employees happened to be  named and
        specifically identified

        however the cases cited did not establish that
        a negligent employee must be named and
        specifically identified

        the cases only established that an employee must
        be identified as an employee and acting within
        the scope of employment

            it was determined that it was sufficient to establish
            liability under the doctrine of respondeat superior
            that the woman who apologized for causing wulf's
            fall was wearing a bravo uniform, and that she
            acknowledged working for the bravo restaurant.        

    the appellate court then discussed the open and obvious
    doctrine and stated that there are two distinct types of hazards
    static and dynamic hazards, 

        which create two distinct 
        and separate duties that the premises
        owner has with respect to it's business invitees

        negligence claims related to static hazards are related to the 
        duty of the owner of the premises has with respect to maintaining
        the business premises in a reasonably safe condition and
        warning invitees of dangers that they wouldn't generally
        be aware of

        open and obvious hazards serve as a warning 
        to business invitees as a result of their open and 
        obvious nature and the premises owner has no 
        duty to warn since the hazards themselves serve 
        as a warning

        the open and obvious doctrine does not apply
        to dynamic hazards

        negligence claims related to dynamic hazards
        are related to the active duty a premises owner has
        to not to expose an invitee through act or omission
        to negligent activities conducted on the premises

        in the trial case, bravo brio presented the kitchen counter
        where the servers and staff worked as an open and obvious
        hazard, and that Roland Wulf assumed the risk of walking
        closely behind the servers in this area.

            but it wasn't the kitchen counter, a static hazard, that
            caused Roland Wulf's injury, it was the activities of the
            servers that caused the injury, and those activities, deemed
            negligent in this case, were a dynamic hazard        

    the discussion around whether or not it was appropriate
    for the trial court to grant a summary judgement in favor 
    of bravo brio takes up the majority of the appellate court's opinion, 
        
            the appellate court starts by defining when it is appropriate
            for a court to grant summary judgment:

        


    
conclusion

    the case was reversed and remanded
    considering that there is no case history after the 2019
    decision, the professor mentioned that it is possible
    the case was settled

Summary:

Ares Management Corporation Extends $275 Million credit facility to ID.me, and also plans to make a substantial equity investment in the company.

Course Relevance:

This reminds me of problem 31 in Chapter 3 where Pinnacle acquires Strata, and part of Strata's Accounts Payable is an Accounts Receivable owned by Pinnacle.

This also relates to Chapter 1 and other chapters in that I don't think that Ares Management Corporation will use the Equity Method when accounting for its eventual equity investment in ID.me, I'm thinking that they will use the fair-value method or the cost method when they eventually make their equity investment in ID.me.

I've also found this relevant to the material in Chapter 4 with respect to the concept of noncontrolling interests; a company like Ares might find it undesirable to be materially involved in the operations of ID.me.

Why I Found It Interesting:

I was researching something somewhat unrelated to class in Mergent Bond Viewer by FTSE Russell, and a bond issue by Ares Capital Corporation stood out to me. I wanted to figure out what the money from the bond issue would be used for, so I tried looking up press releases for Ares on Dow Jones Factiva, and it took me to news related to Ares Management Corporation; Ares Capital Corporation and Ares Management Corporation are two different, but related companies, it seems. I read the first few articles and the ID.me credit facility extension caught my attention, and after reading it I thought about some of the course material from ACC 725, and at that point I gave up on trying to figure out what the money from the bond issue would be used for.

Follow Up:

I tried to find a prospectus for these bonds using a variety of different resources, but couldn't come up with anything; even if I had tracked down a prospectus for these bonds, I'm not sure how useful it would be: I've found that the typical Use of Proceeds section of a bond prospectus reads something like: "For General Corporate Purposes, Including" and then goes on to include every conceivable use of the funds.

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