Jim Dressman

Jim is a former managing partner and current DBL Law partner practicing extensively in the areas of Banking & Commercial, Business & Transactional, Estate Planning & Probate, Real Estate and Tax Planning & Compliance. He represents profit and nonprofit entities and individuals in financial transactions, business mergers and asset acquisitions and sales, and real estate acquisitions, and simple and complex development projects. Jim works with clients on estate planning and probate matters as well as general business and tax matters. He also provides guidance for entity structuring, reorganization, owner and employee buy/sell arrangements, and management and owner succession.

Jim has successfully guided clients through a number of significant matters, including:

• The land acquisition, development, leasing, and financing of various real estate developments including the Kentucky Speedway motor sports complex.
• The restructuring and succession planning for family-owned businesses and related estate planning.
• Charitable giving, including establishing charitable remainder trusts.
• Various transactions in the healthcare industry, including bond financing, physician practice mergers and acquisitions.
• Diverse joint ventures, sales, mergers and acquisitions in other industries including the sale of a sports complex, the strategic purchase by an industrial valve sales and manufacturing company of an industrial valve servicing company, the acquisition by a specialty paper company of a New England division and the site acquisition and construction of franchised restaurants.

Jim has extensive and varied experience in representing financial institutions in all types of financing transactions and in troubled asset workouts. Jim’s experience includes the structuring of financing of a floating restaurant and entertainment complex with U.S. Coast Guard registered vessels on a publicly owned leasehold; and its eventual unwind through bankruptcy with no loss to the financial institutions he represented.

Jim has always been active in the community and has served and continues to serve on a number of charitable and community boards. He resides in Edgewood, Kentucky with his wife and has three children and nine grandchildren. Jim also annually leads a mission trip to Jacob’s Ladder, a residential community in Jamaica for severely disabled adults operated by Mustard Seed Communities, where his team has been constructing new residencies.