An operating agreement is a key governing document of a limited liability company (an “LLC”). By its nature, it is an internal, non-public agreement between the members of the company. Ohio law does not require an LLC to have an operating agreement
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April
03,
2023
|
08:47
December
29,
2022
|
09:07
Earlier this year, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) adopted a new rule requiring most corporations, limited liability companies, and other entities registered to do business in the United States to report information
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June
29,
2022
|
11:33
Purchasing a business is one of the most important financial decisions you make. Buyers-to-be are often asking us questions outlined below, which we hope will help guide you when considering a new business acquisition. Please note that every
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March
31,
2022
|
11:58
Selling your business is one of the most important financial decisions you will make as a business owner and there are a multitude of questions that arise with that consideration. Our corporate and business attorneys are often asked the questions
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June
29,
2021
|
09:16
Early this year, Ohio completed its overhaul of the Revised Code governing limited liability companies. The Ohio Revised Limited Liability Company Act (the “2021 Act”) became effective on April 12, 2021 but will not become applicable to Ohio limited
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March
30,
2021
|
10:37
Under federal securities law, any offer or sale of a security must be registered with the SEC, unless it falls under one of the exemptions, such as Regulation D of the Securities Act. Regulation D affords some companies the ability to offer and
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December
28,
2020
|
11:52
Small business owners considering selling their business should be aware of the Procedural Notice No. 5000-20057 (the “Notice”) issued by the Small Business Administration (“SBA”) on October 2, 2020. According to the Notice, prior to selling more
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June
30,
2020
|
09:19
July 1, 2020 marks the beginning of a new era of free trade in North America under the United States-Canada-Mexico Agreement ("USMCA").
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June
30,
2020
|
09:18
In dealing with the financial impact of COVID-19, many businesses are looking to their insurance companies for assistance. Commercial insurance policies can cover certain events that cause temporary interruption in the normal course of business,
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March
24,
2020
|
06:20
It's hard work being a business owner and after the initial formation, many business owners tuck their corporate records into a file cabinet and focus on building their business. However, whether you own a corporation, LLC, or partnership, it’s
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