WHAT IS A LIMITED LIABILITY COMPANY? A limited liability company (LLC) can offer business owners powerful protection from creditors. However: this entity is not available to all business owners, and owners must operate the business properly in order to enjoy the...
Mergers and acquisitions can be lucrative transactions for all involved parties. However, these are highly complex transactions with a lot at stake, and many issues can arise that might put the deal in jeopardy, often resulting in losses or liability. It is important...
SHOULD YOU DRAFT YOUR OWN CONTRACTS? A contract is a business agreement that is in place to ensure that the legal rights of all involved parties remain protected. When contracts are not drafted precisely to suit the needs of the involved parties, potential risks can...
Many businesses benefit from having multiple owners, as this can provide different perspectives, ideas, and multiple points of view about operations and growth. However, when more than one person is involved in the leadership of a company and opinions differ, disputes...
MAKE SURE YOUR INSURANCE COMPANY APPOINTED LAWYER IS REALLY, TRULY REPRESENTING YOUR BEST INTERESTS If you have ever been sued or had a claim against you, you may have thought the other lawyer was just a rotten, good for nothing (add your own additional phraseology...
Diemert v. Binstock, 2019-Ohio-3368 Buying or selling a home “as is” does not necessarily mean the seller, or the buyer, don’t still have responsibilities to each other. In Diemert v. Binstock 2019-Ohio-3368, the Court of Appeals for the Eighth District in Cuyahoga...
A recent decision from the National Labor Relations Board (“NLRB”) held that an agreement barring an employee from discussing the results of an employment arbitration violates federal law. This decision is likely to have future impacts on contractual...
In a recent opinion out of Ohio’s Twelfth District, a family owned and operated business was sued by a shareholder/employee when his employment was terminated. It appeared the company provided certain vehicle benefits to all shareholders, even if they were not...