On July 2, 2018, the Ohio Second District Court of Appeals issued a decision that shows how important it is for companies and LLCs to have solid
In this case, Nicolas and Monica Koudela (the "Koudelas") entered into a construction contract with "Johnson & Johnson Builders" (the "Agreement")
It is quite common for members of a recently formed LLC accustomed to a corporate governance structure (that is, one having directors, a
Senate Bill Number 181 went into effect on July 6, 2016 (the Act). This Act changed the fiduciary obligations of officers of corporations and limited
LLCs have become the entity of choice for most new businesses, and as a result charging orders are being sought more and more frequently. A novel
Much attention has been paid to the centerpieces of Governor Kasich's tax reform efforts including the reduction in personal income tax rates and the
Both Ohio corporations and Ohio LLCs are permitted (but not required) to enter into indemnity agreements with their officers, directors, managers and employees.
Your company’s operating agreement has changed, and you may not even know it.
In May, Ohio enacted a number of changes to its corporation and limited liability company statutes.
In Acordia of Ohio, LLC v. Fishel, the Ohio Supreme Court recently held that in a merger non-compete agreements transfer as a matter of law to the successor entity; however, such agreements are only enforceable according to their specific terms.