If you operate a professional association or limited liability partnership you should have recently received a letter from the Ohio Secretary of State that your entity’s Biennial Report will be due in July. The window for filing the Biennial Reports is July 1st-July 31st and there is a filing...
Read moreOn April 23, 2024 the Federal Trade Commission(“FTC”) voted 3 – 2 to approve their 2023 proposal (with some modifications) as the “Final Rule” to essentially ban non-compete agreements in employment. The Final Rule defines non-compete clauses as a provision that “prohibits a worker, penalizes a worker for, or...
Read moreBeginning January 1, 2024, businesses in existence on and after that date will have to comply with a new law that most have probably never heard of, The Corporate Transparency Act (CTA), unless otherwise exempted. The CTA is a federal business law enacted in 2021 by Congress to address...
Read moreHistorically the matter of restrictive covenants (aka “covenants not to compete” or “non-competes”) and their enforceability has been delegated to the states in the U.S. Employers in Ohio have for many years had the opportunity to include reasonable non-competes in their employee agreements with general confidence that if the...
Read moreIt is common practice for physicians to enter into a “Physician Recruitment Agreement” or “Physician Recruitment Arrangement” (“PRA”) with a hospital or other medical facility, and such agreements are intended to offer certain incentives to the physician in exchange for relocation of the physicians or the physician’s existing practice...
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