For lateral, you simply have to find some way to demonstrate sufficiency. One strategy is to estimate demand and capacity. Another is to demonstrate that your modification won't reduce the lateral capacity appreciably (10% business).
Definitely check gravity loads and out of plane lateral loads. If those loads can be handled by the existing masonry, then utilizing the existing masonry will be your cheapest alternative. If the masonry can't handle it, then the steel frame will need to do the job.
Wind columns are simply columns that support the girts / horizontally spanning walls that collect the wind/seismic load and deliver it to those columns. Again, they can be the masonry if the masonry works. Otherwise, they might be steel columns installed behind or within the masonry walls.
I like to debate structural engineering theory -- a lot. If I challenge you on something, know that I'm doing so because I respect your opinion enough to either change it or adopt it.