A noncompete agreement prevents an employee or possibly a business partner from directly competing with the company at issue. These restrictive covenants often take effect after the end of a working relationship. When a business partner agrees to a buyout or when a...
What if the home you purchased seemed perfect during showings, only for serious problems to emerge after closing? Hidden water damage, foundation issues or mold can quickly turn an exciting investment into an expensive dispute. If you’ve discovered significant defects...
A notice that a property could be acquired for a public project often creates uncertainty about the future. There might be questions about ownership and the right to transfer the property. If your property has been identified for eminent domain, you likely want clear...
Buying real estate is not generally a rapid process. People must spend weeks checking listings for properties that fit their needs. They must submit a bid, negotiate with the seller and then wait weeks to sign the final paperwork at a title company in most cases. The...
Ending a business partnership can feel as personal as ending a long relationship. When partners no longer share the same goals or one partner’s actions put the company at risk, a separation may be the best way to protect the business. Understanding why these breakups...
Anyone considering starting a business should learn about their options for business structure. While some might lean toward a sole proprietorship because it’s the easiest, it’s critical to consider a limited liability company (LLC). An LLC is a common business...
You had a legally binding agreement, you and the other party signed it, and then that party didn’t hold up their end. Now you are left dealing with unpaid invoices, a delayed project and losses that are starting to affect your bottom line. It can be frustrating,...
Not all government takings begin with a formal notice and an offer. If the state substantially interferes with your property without starting eminent domain, you still have options to pursue compensation. How inverse condemnation differs from eminent domain Eminent...
When the government takes commercial property through eminent domain in Ohio, it does not just affect the owner. Tenants often have real financial stakes in the property as well. That raises a key question: when leased property is taken, how is compensation divided?...
Learning that the government wants your land or property for a public project can raise many questions. For one, you may wonder if you can simply refuse to sell once the officials begin an eminent domain action. Eminent domain allows government agencies to legally...
