In spite of the economic bust that 2020 brought many American business owners, there was a concurrent startup boom that has left economists both bemused and optimistic. According to a study released this year, U.S. entrepreneurs filed 4.4 million business formation...
Month: May 2020
Overview of the real estate foreclosure process in Ohio
If a person is behind on paying his or her mortgage, the lender may pursue a process called foreclosure. There is helpful information available about foreclosure in Ohio and how an attorney may be able to help. Pre-foreclosure Pre-foreclosure is the time period...
What are the benefits of a business acquisition?
A business acquisition can offer a variety of different benefits in the real estate or other industries. Anyone considering an acquisition should first be familiar with the potential benefits of an acquisition and how Business law protections can help guide a...
What can you expect in an eminent domain case?
The power of eminent domain is exercised rather frequently in Ohio and across the nation. However, it is probably rare that any one person will be involved in an eminent domain case twice or more – if you are involved in such a case, it is most likely your first time....
Deciding upon the ideal business entity for your company
In planning a new business, you have so many tasks to complete and challenges to overcome. Among them is choosing the right business entity. Many important factors come into play when deciding on the right business entity. And some of those factors include the amount...
Determining compensation for property taken by eminent domain
There are many people in Ohio who own land and homes. When they purchase the land or receive it through an inheritance, they generally have complete control over it. They can do what they want with the land or the home. For the most part they also are in control over...
How compensatory damages can work for breach of contract claims
Contracts form the backbone of many business dealings in Ohio, but there are times when one party or the other does not fulfill their end of the agreement. When this happens, the injured party may pursue a breach of contract claim. One type of damages they may seek in...
Zoning basics for residents of Ohio
When a person purchases real estate, whether it is a home or a place to conduct business, it is a large investment of time and money. In addition to the items a buyer may already be familiar with, like mortgages and title searches, it may be helpful to understand...
Board members, partners have fiduciary duties
In the vast majority of cases, partners, members of LLCs and board members of smaller private corporations will have signed an agreement outlining their responsibilities and rights in a relationship. However, the law also creates different fiduciary relationships...
Resolving boundary disputes in Ohio
It can be startling to have lived in a home or tract of land for a number of years and to realize one day that you don’t really know where your property line is. A new neighbor may question the incursion of your shed on their property, or you may object to a new fence...