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Federal Court’s Finding that Corporate Transparency Act Is Unconstitutional Has Limited Effect
By Glenn Morrical, Grayson Sieg, and Kristen Baracy
The Corporate Transparency Act (“CTA”) requires non-exempt companies throughout the U.S. to file reports identifying their beneficial owners. On March 1, 2024, the U.S. District Court for the Northern District of Alabama declared the CTA unconstitutional because it exceeds the authority granted…
New law offers additional flexibility in structuring LLC management
A new Ohio LLC statute will bring flexibility in structuring the management of a limited liability company formed in Ohio.
Fiduciary and other duties in an LLC – Where do you come out?
When establishing or revisiting the management of your business organization or any private business organization you invest in, it is vital that you consider what duties the owners and managers of the business will owe to each other.
Tucker Ellis represents Ampex Brands in its acquisition of Au Bon Pain from Panera Bread
Tucker Ellis represented Ampex Brands – a Yum! Brands Inc. and 7-Eleven franchisee with more than 400 Pizza Hut, KFC, Taco Bell, Long John Silver's and 7-Eleven locations – in its June 29 acquisition of bakery-café chain Au Bon Pain from Panera Bread.
Is a series LLC right for you?
Beginning January 1, 2022, a limited liability company formed in Ohio can be organized as a series LLC.
Ohio adopts new Limited Liability Company Act
On January 8, Ohio Governor Mike DeWine signed into law the Ohio Revised Limited Liability Company Act.
Tucker Ellis earns IFLR1000 rankings in four Ohio practice areas
IFLR1000, the guide to the world's leading financial and corporate law firms and lawyers, has ranked Tucker Ellis in four Ohio areas of practice.
Implications of the CARES Act for small businesses affected by the coronavirus
In response to the devastating effects of the coronavirus, on March 27, 2020, the federal government urgently passed the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”), which is the largest economic stimulus package in U.S. history aimed to bolster the U.S. economy by providing over $2 trillion in relief to individuals and businesses affected by the coronavirus.
Relief for small businesses affected by the coronavirus: the SBA’s Economic Injury Disaster Loan Program
The progression of the coronavirus (COVID-19) pandemic continues to have a devastating impact on the global economy, including adversely affecting the business operations and supply chains of the 30 million small businesses in the United States.
Ohio relaxes unemployment regulations in response to COVID-19
On March 16, Ohio Governor Mike DeWine signed an executive order that will make it easier for some Ohio workers to receive unemployment benefits during the emergency declaration period associated with COVID-19 and will relax some penalties on Ohio employers.