A new Ohio LLC statute will bring flexibility in structuring the management of a limited liability company formed in Ohio.
When establishing or revisiting the management of your business organization or any private business organization you invest in, it is vital that you consider what duties the owners and managers of the business will owe to each other.
Tucker Ellis represented Ampex Brands – a Yum! Brands Inc. and 7-Eleven franchisee with more than 400 Pizza Hut, KFC, Taco Bell, Long John Silver's and 7-Eleven locations – in its June 29 acquisition of bakery-café chain Au Bon Pain from Panera Bread.
Beginning January 1, 2022, a limited liability company formed in Ohio can be organized as a series LLC.
On January 8, Ohio Governor Mike DeWine signed into law the Ohio Revised Limited Liability Company Act.
IFLR1000, the guide to the world's leading financial and corporate law firms and lawyers, has ranked Tucker Ellis in four Ohio areas of practice.
In response to the devastating effects of the coronavirus, on March 27, 2020, the federal government urgently passed the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”), which is the largest economic stimulus package in U.S. history aimed to bolster the U.S. economy by providing over $2 trillion in relief to individuals and businesses affected by the coronavirus.
Relief for small businesses affected by the coronavirus: the SBA’s Economic Injury Disaster Loan Program
The progression of the coronavirus (COVID-19) pandemic continues to have a devastating impact on the global economy, including adversely affecting the business operations and supply chains of the 30 million small businesses in the United States.
On March 16, Ohio Governor Mike DeWine signed an executive order that will make it easier for some Ohio workers to receive unemployment benefits during the emergency declaration period associated with COVID-19 and will relax some penalties on Ohio employers.
On February 18, Tod Northman and Emmanuel Sanders conducted a live Lorman webinar, "Piercing the LLC Veil."