Governor DeWine Signs Executive Order Giving Temporary Relief to Small Business Tenants and Commercial Mortgage Borrowers Impacted by COVID-19
02 Apr 2020On April 1, 2020, Ohio Governor Mike DeWine signed Executive Order 2020-08D, which “requests” landlords and mortgage lenders with Ohio small business tenants and commercial borrowers to pause prosecution of lease and Read More
Pro Bono Legal Consultations for Ohio Small Business Owners
24 Mar 2020In response to the coronavirus crisis, the Cleveland law firm of Cavitch, Familo & Durkin Co., L.P.A. is offering pro bono legal consultations to struggling small-business owners. Read more in today’s press Read More
How Does The Pandemic Affect My Contractual Rights?
17 Mar 2020For the foreseeable future (at least the rest of the spring), American life will change. This includes businesses. We all need to work together to get back to a place where our Read More
Complying With “Made In USA,””Assembled in USA” and Other US Origin Claims
28 Sep 2019Yao Liu, a bi-lingual and bi-cultural lawyer, trained in both the United States and China, routinely assists clients with unique issues that arise in cross-border transactions. His article, IS YOUR PRODUCT REALLY Read More
Attorney Yao Liu Answers Questions Regarding China’s New Foreign Investment Laws
19 Aug 2019In the June 2019 post, “China’s New Foreign Investment Law and Its Implications on Foreign Investors,” we announced the publication of Cavitch attorney, Yao Liu‘s, article in the issue of the May Read More
China’s New Foreign Investment Law and Its Implications on Foreign Investors
07 Jun 2019Published in the May 2019 issue of the Cleveland Metropolitan Bar Journal is an article by Yao Liu, an attorney with Cavitch Familo & Durkin Co., L.P.A. The article, China Is Entering Read More
Will Sears Auction Any of Its GOB Leases?
31 Oct 2018With the caveat that this post may become moot minutes after it’s posted, the first question that came to my mind following Sears’ recent chapter 11 filing—which was coupled with news that Read More
Chapter 12 and the New Capital Gains Tax Rule: A Rosier Outlook for FSA Lenders in 2018?
26 Jun 2018Amidst the seemingly endless downtrend in Chapter 11 bankruptcy filings in the era of cheap money and onerous Dodd-Frank regulations (business Chapter 11 filings are down some 43% nationwide from the last Read More
Decision to Reverse $5.1M Pension Liability Imposed by Ironworker’s Pension Fund
12 Jan 2018Cavitch, Familo, & Durkin Co., L.P.A., representing a construction company for its ERISA and pension related matters, assisted in achieving a favorable ruling before the Arbitrator, United States District Court of the Read More
SEC Issues Stern Warning on Initial Coin Offerings and Cryptocurrency Derivatives
21 Dec 2017You’ve heard of IPOs. The wave of the future might be ICOs (initial coin offerings). Their issuances have surpassed $4 Billion. But the SEC is urging the industry to pump the brakes. Read More
When Your Large Customer Files a Chapter 11: Common Supplier Pitfalls
22 Nov 2017Chapter 11 bankruptcy filings are down anywhere from 60 to 80 percent from the last peak in 2010, but that doesn’t mean there haven’t been some pretty significant cases filed in recent Read More
Selling Your Business: Beware the Post-Closing Purchase Price Adjustment
16 Oct 2017So you’ve made the milestone decision to sell your family or closely held business to a sophisticated buyer—perhaps a “financial buyer” (i.e., a private equity fund) or a “strategic buyer” (i.e., a Read More
Family Dynamics, Not Taxes, Control Succession Planning
20 Sep 2017The major reason why family businesses fail to transition between generations is dysfunctional family dynamics, not taxes. In September of 1997 (when taxes were much higher than they are now), the Journal Read More
Divorce Threatens Family Business Succession
23 Aug 2017A recent survey shows that only 52% of married couples will celebrate their 15th wedding anniversary. A marriage ends in only two ways, namely, divorce or death. The ownership and control of Read More
Nine Steps to Effective Mediation
08 Aug 2017Tim Warner, Chairman of the Litigation Group at Cavitch, a practicing mediator and arbitrator and a litigator for almost twenty five years, was recently published in the Cleveland Metropolitan Bar Journal in Read More
Non-Administered Arbitration: Designed to Lower Costs & Provide More Autonomy
28 Jul 2017Parties may consider Non-Administered Arbitration (“NAA”) to resolve their next dispute. NAA is an informal dispute resolution process designed to proceed without the involvement of a separate administrating entity such as the Read More
Potential Increase in EEOC Claims
03 Apr 2017Online System Changes How Employees Initiate Discrimination & Harassment Claims The U.S. Equal Employment Opportunity Commission (“EEOC”) has launched a new Online Inquiry and Appointment System. This system will permit electronic inquiries and requests Read More
How Ohio Courts Determine to Issue Immediate Injunctive Relief
27 Mar 2017On occasion, a plaintiff in litigation needs to stop the defendant from continuing to commit improper acts that harm the plaintiff. In order to stop or enjoin the defendant, the plaintiff must Read More
Deliberations in Congress Will Impact Small and Mid-Market Businesses
06 Mar 2017Many (if not most) of my business clients are taxed as partnerships and S-corporations, which are commonly referred to as “flow-through” entities, because they pay no corporate level taxes. Most headlines today Read More
Shareholders in Ohio Have Duties to One Another
24 Feb 2017In Ohio, shareholders in a close corporation have fiduciary duties to one another. A close corporation is generally characterized as a corporation with few shareholders who own shares that are not traded Read More