Manak Law Heritage
Frank C. Manak
Charles R. Manak
Charles R. Manak
The son of Czech emigrants, Frank C. Manak studied law at the Western Reserve University Law School in the 1890s and began practicing law with Vesey, Davis & Manak.
Charles R. Manak
Charles R. Manak
Charles R. Manak
Charles Manak graduated from the Case Western Reserve School of Law in 1990.
Active Baseline Legal and Compliance Roles
Cross-Border Transaction Management
Charles has over 22 years of experience working with private equity funds and companies investing in infrastructure projects and real estate in the United States and European emerging markets. While Charles was a Senior Associate at Linklaters, he created and led Linklaters Central European private equity practice group. Among other things, Charles has reviewed and structured real estate investment vehicles and international joint ventures in the United States, Russia, Turkey, the Czech Republic, Poland, Hungary, and Romania. More recently, Charles coordinated the purchase of six properties across the United States through a joint venture involving a large German pension fund. Finally, Charles reviews subscription documents to open and closed end real estate funds for a large French insurance company.
RIA and FCA Compliance
Charles served as the Chief Compliance Officer of Courtland, formerly a registered investment adviser with the US Securities & Exchange Commission, until April 2018. Charles has coordinated exams of Courtland by the US Department of Labor (the "DOL") for ERISA compliance and the SEC. After the SEC concluded an exam of Courtland in May of 2017, Courtland received a no comment letter. After concluding an exam of Courtland, the DOL issued Courtland a no further action letter in 2014. Charles also coordinated the registration process of Courtland's UK subsidiary with the UK Financial Conduct Authority which was finalized in 2016.
Historic Manak Family Interests and Community Involvement
International Executive and Student Exchange Programs
From 2005 through 2008, Charles Manak served as a Board Member of CDS International (which merged together with the Association of International Practical Training in 2011), an organization providing international internships to graduate students in the United States and elsewhere. Charles participated in German study abroad programs through IES in 1985 and the first year of the Friendship Connection program in 1981, which Charles' high school German teacher founded in Hudson, Ohio.
Oul Savings and Loan Company
The Oul Building and Loan Association eventually was incorporated in December 1915 as the Oul Savings and Loan Company (the "Oul S&L") and relocated from Brecksville, Ohio to 5638 Broadway in Cleveland, Ohio. Frank C. Manak served as President of the Oul S&L and its predecessor, which provided financial resources to the community of Cleveland's Slavic Village. "Oul" means "owl" in the Czech language, a symbol of knowledge, wisdom, perspicacity and erudition. In October of 1930, the Oul S&L was merged into the Central United National Bank, the operations of which later became part of the Society for Savings Bank, which is now part of Key Bank in Cleveland.