By: Thomas Law Group On: December 18, 2023 In: Business/Employment Comments: 0

Beginning 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...

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By: Thomas Law Group On: June 19, 2023 In: Business/Employment Comments: 0

Historically 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...

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By: Thomas Law Group On: January 25, 2023 In: Business/Employment Comments: 0

It 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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By: Thomas Law Group On: November 16, 2022 In: Business/Employment Comments: 0

Purchasing a business can be a very exciting time, but as with any major investment, it should be done with careful thought and professional assistance. Either prior to locating the potential business for purchase or at the latest once that business is identified, the purchaser should assemble their professional...

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By: Thomas Law Group On: October 19, 2022 In: Business/Employment Comments: 0

It is extremely common for a buyer to conduct a due diligence investigation of a seller when purchasing a business. At the very least, the buyer (or the buyer’s lender) will conduct a UCC lien search. However, a due diligence investigation on the seller isn’t just for buyers and should...

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