H.B. 134 may change Ohio corporation law
admin @ January 29, 2008 # No Comment Yet
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H.B. 134 was passed by the Ohio Senate on 06-27-2007. It authorizes alternative standards for the election of directors of business corporations. It requires that conversions of domestic corporations into other business entities and conversions of other business entities into domestic corporations be permitted by the Revised Code chapter or by the laws under which […]
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Trade This Stock - The Mathematics of Should I Sell this Stock and Buy Another in a Taxable Account?
admin @ January 18, 2008 # One Comment
By John W. Eilers, Esq.
Trading stocks for a profit is anything but an exact science. Mathematics, however, can be applied to help the investor/trader analyze the opportunity presented and the cost of the decision to sell one security and to buy another. That cost the sale of an appreciated investment is made up […]
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Eminent Domain Update - The New Definitions
admin @ January 6, 2008 # One Comment
Both the United States and Ohio constitutions limit the government’s power of eminent domain to situations where the property is being taken for a public use and the owner is compensated (United States Const., Amend. 5; Ohio Const., Art. I, sec. 19). In Kelo v. City of New London (2005), 125 S.Ct. 2655, the […]
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Ohio’s new law authorizes townships to remove junk motor vehicles from public and private property.
admin @ January 6, 2008 # No Comment Yet
On December 4, 2007, Governor Ted Strickland signed H.B. 50. State Representative Clyde Evans sponsored HB 50, which allows townships to remove junk motor vehicles from public and private property, and to borrow money to pay for removal of junk motor vehicles and other debris from private property.
Old township law authorized townships to […]
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Are electronic acknowledgments valid for employee handbooks?
admin @ January 5, 2008 # No Comment Yet
By Rayan F. Coutinho, Esq.
On June 30, 2000, Congress enacted the federal Electronic Signatures in Global and National Commerce Act (“E-SIGN”). E-SIGN eliminated some of the legal barriers to the use of electronic technology to form and sign contracts, collect and store records, and send and receive various types of notices and disclosures. […]
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Video Service Authorization - Overview of Senate Bill 117
admin @ January 4, 2008 # No Comment Yet
On June 25, 2007, Governor Strickland signed Senate Bill 117, which created a new state-issued video-authorization process to replace the local franchise process. Prior to the effective date of the law, a company that intended to provide video service had to obtain a local video service franchise from each municipality or township.
Municipal corporations and […]
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Why Every Employer Needs To Proactively Manage Employee E-Mail, Internet and Blogs
admin @ January 2, 2008 # No Comment Yet
By Rayan F. Coutinho, Ph.D, Esq.
There is no law that requires an employer to create, maintain or provide employees with policies pertaining to the use of technology facilities. However, policies related to internet usage, email and blogging have become extremely important documents in today’s technological world. Many employers find it useful to distribute written policies, […]
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Pooled “Special Needs” Trusts
admin @ January 1, 2008 # No Comment Yet
By Mark S. Reckman
A trust is a special fund created for the benefit of someone who cannot or should not have unlimited access to large sums of money. Trusts are created by a written agreement – a trust agreement – which appoints a trustee to manage the funds. The agreement spells out who the money […]
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