Part 1: The Current Law On Dec. 8, 2021, Ohio House Bill 508 (HB 508)—which would make the presumed outcome in child custody matters that of Shared Parenting and an equal parenting time schedule—was introduced into the Ohio Legislature by Representatives Thomas West...
Articles
SEC Efforts to Modernize Beneficial Ownership Reporting Don’t Go Far Enough
Overlap in the Securities Act of 1934 The Securities and Exchange Commission (SEC) presides over two separate beneficial ownership reporting schemes under Sections 13 and 16 of the Securities Exchange Act of 1934. Although both sections govern disclosure of beneficial...
The Impact of the Infrastructure Investment and Jobs Act
On Nov. 15, 2021, President Biden signed into law the massive $1.2 trillion bipartisan Infrastructure Investment and Jobs Act (the “Infrastructure Law”). Touted as the single largest investment in American infrastructure in over a generation, the Infrastructure Law’s...
President Biden Poised to Initiate New Era of Sex-Based Workplace Dispute Litigation
With the passage of H.R. 4445, Congress has discovered a point of agreement: barring the mandatory imposition of arbitration for employees suffering from sexual assault or sexual harassment in the workplace. President Biden has indicated he is likely to sign the bill...
Corporate Transparency Act Overview: Exemptions
[UPDATED 11/21/2022: FinCEN Published Final Rule] Corporate Transparency Act Overview Part 2: Exemptions This is Part 2 of our three-part series on the Corporate Transparency Act (CTA). The CTA is being implemented by the U.S. Department of Treasury’s Financial Crimes...
Ohio Senate Bill 225 Doubling Historic & Opportunity Zone Incentives Heads to House
Ohio historic preservation and economic development projects may soon receive a large temporary boost from the Ohio General Assembly. Recently passed by the Ohio Senate and now under consideration in the Ohio House, Ohio Senate Bill 225 would double both the Ohio...
Corporate Transparency Act Overview: Required Disclosures
[UPDATED 11/21/2022: FinCEN Published Final Rule] Corporate Transparency Act Overview Part 1: Required Disclosures In December 2021, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) released a notice of proposed rulemaking for companies...
Ohio Appeals Court Affirms Modification of Doctor’s Non-Compete Agreement
One of Ohio’s most influential appeals courts has affirmed the power of courts to modify non-compete agreements (here, a physician’s employment contract) to strike the right balance between employers’ interests in protecting their proprietary and other investments in...
New Crypto Reporting Requirements Aim to Address Tax Gap
As cryptocurrencies such as Bitcoin rise in popularity, government regulators repeatedly try, and often fail, to control their use as a tax shelter. Agencies such as the IRS struggle with determining the best way to tax cryptocurrency holdings and transactions, and...
Ohio’s New LLC Act: Ensure Your Business is In Compliance
The start of 2022 is here, and in addition to the usual beginning-of-year tasks for businesses, every LLC organized or qualified to do business in Ohio should familiarize itself with Ohio’s Revised Limited Liability Company Act (“New LLC Act”), which is now set to...