Ohio Supreme Court reverses Acordia decision *

USA - October 22 2012
On October 11, 2012, the Ohio Supreme Court reversed its decision in Acordia of Ohio, LLC v. Fishel (Acordia I).

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New SEC disclosure requirements for use of “conflict minerals” and for government payments *

USA - August 28 2012
On August 22, 2012, the Securities and Exchange Commission (SEC) approved two final rules imposing new disclosure requirements on publicly-traded companies that use "conflict minerals," or are involved in the commercial development of oil, natural gas or minerals and making payments to governments.

Co-authors: James A. Losey, Matthew R. Nicely.

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Corporate transactions & securities update: 2012 Ohio corporate law update *

USA - August 9 2012
In May, Ohio enacted a number of changes to its corporation and limited liability company statutes.

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Corporate directors' statutory right to advancement of attorneys' fees confirmed *

USA - July 9 2012
On July 3, 2012, the Ohio Supreme Court unequivocally held that a director is entitled to statutory advancement of attorneys' fees by the corporation that he or she serves, unless the corporation's articles or regulations specifically exclude advancement, even when the director is alleged to have acted intentionally, or in disregard of the corporation's right, or in breach of his or her fiduciary duties

Co-authors: William W. Jacobs, Michele L. Noble, Thomas A. Aldrich, J. Michael Herr.

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Corporate merger results in termination of employee noncompetition covenants *

USA - June 27 2012
A recent decision by the Ohio Supreme Court presents another challenge to the widely understood rule of corporate law that in a merger of corporations or other business entities, the existing rights and obligations of the constituent or target companies continue in force, especially their valuable contract rights and obligations.

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