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ling-gwuh ni-gō-tē: the language of business

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New law offers additional flexibility in structuring LLC management

A new Ohio LLC statute will bring flexibility in structuring the management of a limited liability company formed in Ohio.

Fiduciary and other duties in an LLC – Where do you come out?

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 represents Ampex Brands in its acquisition of Au Bon Pain from Panera Bread

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.

Is a series LLC right for you?

Beginning January 1, 2022, a limited liability company formed in Ohio can be organized as a series LLC.

Ohio adopts new Limited Liability Company Act

On January 8, Ohio Governor Mike DeWine signed into law the Ohio Revised Limited Liability Company Act.

Relief for larger businesses due to COVID-19: CARES Act business implications and selected legislative efforts

In the wake of the economic hardship precipitated by the onset of the novel coronavirus (COVID-19), both state and federal legislatures are ramping up efforts to stifle the effects of the pandemic on national and local economies.

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.

In a blow to online retailers, U.S. Supreme Court opens the door for states to collect sales tax

In the South Dakota v. Wayfair, Inc. decision issued June 21, 2018, the U.S. Supreme Court held that the physical presence rule previously set forth in Quill Corp. v. North Dakota, 504 U.S. 298, and National Bellas Hess, Inc. v. Department of Revenue of Illinois, 386 U.S. 753, was incorrect. By doing so, the Court opened the door for states to require online retailers to collect and remit sales tax. This decision is viewed as a win for both states, which have seen their respective sales tax bases erode due to the emergence of online retailers, and brick and mortar stores, which have struggled to compete on price with online retailers that have historically not been required to collect sales tax in certain states.

Jayne Juvan coauthors “A Guide to the Evolving Executive Compensation Landscape” for Bloomberg Law

In A Guide to the Evolving Executive Compensation Landscape published by Bloomberg Law, Jayne Juvan and coauthors Ellen Grady and Bruce Dravis provide a comprehensive discussion of the regulatory regime applicable to compensation programs for corporate officers and directors. Executive compensation provides a valuable means to lure and retain talent…