Ohio’s new LLC Act took effect on February 11, 2022. It makes several important changes that impact existing Ohio LLCs and those looking to form an Ohio LLC. It is now in force and applies to all limited liability companies that do business in Ohio. Failure to comply with the new law’s provisions could result … Continue reading “Ohio’s New LLC Act: What Companies Need to Know”
Business interruption insurance is intended to replace lost income and other costs when the insured’s business can’t operate. Yet, in the midst of the new coronavirus pandemic, thousands of small business owners, who were forced to close their operations by government order or who have a substantial loss in business income, are being told by … Continue reading “Business Interruption Insurance Lawsuits Rise with COVID-19 Pandemic”
With the United States economy performing better than it has in years, 2019 is a great time to start a business in Ohio. But even during the best of times, starting a business is complicated. In addition to the numerous financial challenges of entrepreneurship, there are a multitude of legal issues to consider when forming … Continue reading “Legal Considerations for Starting a Business in Ohio”
