Amending governing agreements for multi-member limited liability companies, partnerships and other so-called pass through entities taxed as partnerships (“entity”) is now highly advisable for tax years commencing after December 31, 2017. For the commonly used limited liability company (“LLC”), this governing agreement is usually called an Operating Agreement. The need for amendment is because the […]
More than 75 women have accused movie mogul Harvey Weinstein of sexual abuse and harassment. As a result, Weinstein has been ousted from the movie and television studio he helped to found. More recently, numerous men have come forward with allegations of sexual misconduct against actor Kevin Spacey. Netflix responded by firing Spacey from his […]
The Ohio Supreme Court decided the Dram Shop Act case on Wednesday, September 6: Johnson v. Montgomery, Slip Opinion No. 2017-Ohio-7445 Basically, it applied the protections of the Dram Shop Act to liquor permit holders even when they encouraged the club’s exotic dancers to drink, did not keep track of how much they drank, and […]
The Defend Trade Secrets Act of 2016 (“DTSA”) federalizes trade secret protection, as well as preserves state law trade secret protections. The Act provides a uniform definition of trade secrets, a uniform standard for misappropriation, extends federal civil protection to trade secrets and allows companies and individuals to file private lawsuits to remedy a wrongful […]
A manufacturer provides you with a conditional relocation approval letter to relocate your dealership. The move does not fall within any of the exceptions under Ohio law and you must clear the market. Your same line competitor receives the mandatory correspondence from the manufacturer regarding the relocation approval and files a protest pursuant to Ohio […]
Under Ohio law, any creditor claim against the estate of a deceased person must be presented “in writing” within six months of the person’s death. A recent Ohio Supreme Court case, Wilson v. Lawrence, Slip Opinion No. 2017-Ohio-1410, is very strict in terms of how a creditor is to present its claim and comply with […]
Ohio House Bills 388 and 436, more commonly referred to as “Annie’s Law,” became effective on April 6, 2017. These bills bring significant changes to Ohio’s drunk driving laws. Every motorist should be aware of these changes, as well as employers who have employees that drive company vehicles or drive as part of their job […]
As some of you may or may not be aware, there were several amendments to the Ohio Dealer Act that went into effect on September 14, 2016. This You Auto Know is not going to go into detail since there are several significant changes that cannot be dealt with in this short article. Therefore, I […]
