A noncompete agreement can be a great way for businesses in Ohio to protect their interests and keep their competition from gaining an edge. However, the Federal Trade Commission (FTC) just unveiled a new rule which may ban noncompete agreements all over the country....
Transitioning a family business from one generation to the next is a delicate process. Every family and business is unique, making it essential to tailor the succession plan to your specific situation. Establishing a succession plan early Developing a detailed...
Registering a property as a historic landmark provides significant protections and benefits. This designation preserves buildings, structures, or sites of historical, architectural, or cultural significance. It ensures they receive maintenance and stay protected for...
Property development presents a unique set of challenges. This requires developers to take a strategic approach. To do so, they must seek professional expertise. Developers face several key obstacles. Addressing these obstacles ensures the success of the project. ...
Starting a business with a partner can be an exciting adventure. However, it can also bring challenges, especially when disagreements arise. Understanding common types of these disputes may help keep the business running smoothly. Financial disagreements Financial...
Judicial interpretations of tortious interference law have significant impacts on businesses and individuals. Tortious interference occurs when one party intentionally damages another's contractual or business relationships. Courts identify the actions that qualify as...
Contracts are agreements between parties that outline the terms and conditions of their relationship. When one party fails to fulfill its obligations under a contract, it is a breach of contract. Types of breach There are three types of breach. Material Breach: A...
Business succession strategies involve different components that help it come to fruition. Some elements help you if your succession plan encounters a sudden mishap that threatens to derail it. One example is the use of a key person insurance policy for a business....
Tortious interference refers to a situation where one party interferes with another's business. Businesses that can prove this interference occurred may receive compensation in the form of lost wages and profits, as well as other punitive or compensatory damages....
You have the right to attempt to claim property that you have a secured interest in if your debtor has stopped paying money on it. So if the property should end up sold or transferred to another party, a fraudulent transfer may have taken place. Under state law,...