If your land is determined to be necessary for a governmental function, either the federal government or the government of Ohio could use the power of eminent domain to lay claim to your property. How the government’s eminent domain powers work Eminent domain is a...
Shareholders want their businesses to be successful. But they may disagree on how to achieve success and create disputes. However, destructive shareholder disputes and business litigation may be prevented. Dispute impacts A shareholder dispute may be costly if it goes...
Many Ohio residents will be involved in some type of real estate transaction in their lives. From signing a lease for an apartment or commercial space, to purchasing your first home or addressing an eminent domain claim on your land, there is no shortage of different...
To have a successful business, you need some sort of stability. You need steady supply chains and reliable employees, as well marketing strategies that are consistent and in-line with your standards. These things might seem like they fall into place on their own, but...
Occasionally there are circumstances where a private landowner is forced to sell their property to the government for public use. This is called eminent domain and is legal in Ohio. When a government wants to use a private owner’s land, they have to give the landowner...
It is helpful to understand the basic terms involved when discussing foreclosure. The mortgage is a loan, usually borrowed from a bank or other financial institution who is called the lien holder. The borrower, also known as the mortgagor, uses the loan to purchase...
Acquiring another business can be a big step for one business to take. It is helpful for business owners considering an acquisition to have some idea of the potential benefits and downsides of an acquisition. An acquisition involves the complete purchase of another...
There’s no doubt about it, 2020 was a tough year for many businesses in Ohio. With the closures and restrictions that many businesses have faced, especially restaurants and bars, these business owners may be wondering if there is anything that can help them. A recent...
In Ohio, eminent domain is an aspect of the law in which property can be purchased from its owner for public use even if the owner does not want to sell. This can impact people and businesses alike and often results in a dispute. These disagreements frequently...
Contracts and leases have traditionally contained clauses that excused noncompliance if there was an unforeseeable and extraordinary event, such as a natural disaster or emergency. During this year’s pandemic, more leases are being negotiated that contain these force...
