Business

Have You Thought About Business Succession Planning Recently?

Posted on in Business, Estate, Trust & Probate, News
Have You Thought About Business Succession Planning Recently?

On Thursday, November 10, Weston Hurd LLP and Corrigan Krause CPAs launched their BRIGHT IDEA series (Informative Discussion. Exceptional Advice.) designed to address topics that are important to the well-being of a closely-held business. With two-thirds of businesses in the United States owned by entrepreneurs over the age of 50 and an estimated 10 million […]

FEDERAL CONTRACTORS AND SUBCONTRACTORS REQUIRED TO PROVIDE PAID SICK LEAVE

Posted on in Business, Employment, Labor, News
FEDERAL CONTRACTORS AND SUBCONTRACTORS REQUIRED TO PROVIDE PAID SICK LEAVE

In September 2015, we published an advisory titled Are You a Federal Subcontractor Without Even Knowing It –Revisited, which discussed President Obama’s Executive Order 13706 (dated September 7, 2015, Federal Register Volume 80, pages 54697-54700).  Following the Executive Order, the Labor Department’s Wage and Hour Division has now issued its Final Rule, in excess of 400 pages, which […]

PIPELINE COMPANIES CAN ACCESS PRIVATE PROPERTY

Posted on in Business, News, Real Estate
PIPELINE COMPANIES CAN ACCESS PRIVATE PROPERTY

Although production has slowed, some companies continue to build pipelines associated with transporting shale gas and oil here in Ohio.  Private landowners often attempt to deny pipeline companies access to their property for the usual reasons such as not wanting what seems like trespassers on their property.  However, the Ohio Ninth District Court of Appeals […]

Are You Prepared to Comply with the New Overtime Rules?

Posted on in Business, Employment, News
Are You Prepared to Comply with the New Overtime Rules?

On May 23, 2016, the United States Department of Labor, Wage and Hour Division (DOL-WHD), issued its final rule relating to overtime requirements under the Fair Labor Standards Act (FLSA). The new rules become effective December 1, 2016. This gives employers six short months to figure out how to comply with the new requirements. The most […]

If You Have Trade Secrets, You Need to Read this Now

Posted on in Business, Employment, News
If You Have Trade Secrets, You Need to Read this Now

Employers should become familiar with a newly enacted federal law which affects their ability to enforce trade secrets protections against their employees and independent contractors.  In summary, the Defend Trade Secrets Act of 2016 (“DTSA”), enacted on May 11, 2016, is a new federal law which:   Expands an employer’s ability to bring trade secret […]

Employers May Pay for Pay Inequality: The New EEOC Pay Data Rule

Posted on in Business, Employment, News
Employers May Pay for Pay Inequality: The New EEOC Pay Data Rule

On January 29, 2016, the U.S. Equal Employment Opportunity Commission (EEOC) and the Obama Administration unveiled a new proposed rule that would require employers with a 100 or more employees to disclose hours worked and compensation for employees by gender, race and ethnicity.  Employers would be required to report this information on revised employer information reports, […]