Closing any business can be a complex affair. The business form can determine the steps which must be taken, from initiating the process to final dissolution. For limited liability corporations, there are specific rules guiding its dissolution and understanding those...
Eminent domain can be a confusing area of the law for Ohio residents. Given the fundamental concept of property belonging to the individual until he or she decides to part with it, the idea that the government can simply take someone’s property might sound unusual and...
All business owners are looking for ways to avoid business litigation and disputes. One that that is increasingly becoming popularized is a nondisclosure agreement. Nondisclosure Agreements Nondisclosure agreements, generally, refer to o contract where the parties...
In business, conflicts are not always avoidable. Whether it’s a contract dispute or a problem with a real estate transaction, conflicts can be expensive and time consuming. Being proactive in any business deal can help avoid problems later on. Letter Of Intent (LOI)...
There are several different business forms available that can help entrepreneurs set up their new business. Business owners starting out should be familiar with the different business forms available and how to evaluate which one to select. Deciding on a business form...
Eminent domain can be of concern to property owners impacted by it. Eminent domain is a process commonly used by the government to condemn property for a public purpose. For that reason, it is helpful for property owners to be familiar with the ins and outs of eminent...
As readers of this blog know, we have addressed shareholder agreement. Indeed, in a prior post, we spoke about how the breach of a shareholder agreement is one of the most common reasons for shareholder disputes. However, this has led many of our readers to seek out...
Business relationships are complex, ever-evolving entities. Individuals have different priorities, motiviations and goals that must be balanced with those of the other shareholders. Even though the shareholders are all generally aligned toward a common goal - the...
With the housing market in Ohio being as hot as it is homeowners may be eager to sell their properties as quick as possible and home buyers are lining up to purchase their dream home. Still there are certain steps in the real estate purchase process that should not be...
In Ohio, business entities enter contracts for a variety of reasons, but generally, the expectation is that both parties will adhere to the terms of the agreement. However, business entities should be aware that it is very possible that one or both parties may end up...
