If you are an Ohio employer who has not heard of the PUMP Act or Pregnant Workers Fairness Act, now is a good time to become educated. The enforcement provisions of the PUMP Act took effect on April 28, 2023, and the enforcement provisions of the Pregnant Workers...
America is months away from a sea change in business law, thanks to the Corporate Transparency Act (“CTA”). [Read Mike’s original post on the Corporate Transparency Act by clicking here.] This law will add compliance obligations to every industry. The banking industry...
The National Labor Relations Board issued a ruling that casts doubt on confidentiality and non-disparagement agreements that employers routinely provide to terminated employees in return for severance payments. In McLaren Macomb, 372 NLRB No. 58, the NLRB ruled that...
The Federal Trade Commission (“FTC”) recently proposed a new rule that would effectively ban non-compete agreements. The rule also impacts non-solicitation and confidentiality agreements that effectively function as non-competes. It may be that the FTC will succeed...
With each new year usually comes a fresh overview of the year ahead, which may or may not include one large milestone: retirement. While your retirement savings account such as an IRA may be the largest monetary asset you earn in your lifetime, you may find you are...
The estate and gift tax exemptions have undergone substantial changes from 2022 to 2023 due to certain inflation adjustments provided under the current law. These exemptions, sometimes collectively referred to as the “unified credit,” represent the amount an...
Happy New Year. This time next year, the corporate-law world will see a significant change. The Corporate Transparency Act will take effect on January 1, 2024, requiring almost every U.S. entity to report its ownership to the IRS Financial Crimes Enforcement Network...
The federal government is changing the way we launch new businesses. Acting under the belief that too many criminals are using anonymous shell companies as a mask, Congress adopted the Corporate Transparency Act (the “CTA”). The CTA requires most businesses to report...
For the landlord of commercial property, the lease is a high-stakes document, because it sets the parameters of a long-term relationship. And unlike a residential lease, there are not many government regulations as to what may be included or omitted. When our firm...
Today, LLCs are ubiquitous. Even the least business-savvy person will recognize that most companies with whom they deal are limited liability companies, and not corporations. I have heard lawyers say, “It’s malpractice to use a corporation nowadays.” While that phrase...
