Insights

September

• Summer 2019
  • Scott A. Herkamp
  Despite Challenges, Cognovits Continue to Drive Ohio’s Favorable Banking Climate
  Lenders in Ohio frequently incorporate cognovits, or confession of judgment provisions, into promissory notes, guaranties and other loan instruments. T
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• Summer 2019
  • Jeffery E. Smith
  • Kimberly J. Schaefer
  Why Have a Holding Company?
  One of the “issues du jure” for the bank and thrift industry involves the benefit, or possibly lack thereof, of having a holding company.
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• Summer 2019
  • Jeffery E. Smith
  Branch Purchase and Sale Transactions: A Primer for Bankers
  Branch purchase and sale transactions, involving sales and acquisitions of defined assets and assumption of defined liabilities (P&A transactions) can be more complex and document-intensive than whole-bank mergers.
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• Summer 2019
  • Jeffery E. Smith
  Depository Institution Charter Conversions
  The financial services industry in this country is fortunate to have choices when it comes to the nature and oversight of bank and thrift charters.
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• 9/17/2019
  Labor and Employment Alert: Urgent Reminder: Employers Have Until September 30 to Submit EEO-1 Pay Data
  As we previously reported, the Equal Employment Opportunity Commission (EEOC) has been ordered to collect to employers’ EEO-1 Component 2 compensation data.
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• 9/16/2019
  Health Care Alert: Medicare and Medicaid Providers to Face New “Affiliation” Reporting Requirements, Expanded Revocation Authorities
  On September 10, 2019, the Centers for Medicare & Medicaid Services (CMS) published a final rule with comment period establishing new requirements for Medicare- and Medicaid providers to disclose “affiliations” with other providers and suppliers.
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• 9/4/2019
  Client Alert: Next Ten Tips for Data Breach Prevention and Response
  Businesses of all sizes face ongoing threats to the security of their and their customers’ data. Taking steps to secure your customers’ information can protect you from financial liability and reputational harm.
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August

• 8/26/2019
  Labor and Employment Alert: Illinois Legalizes Recreational Marijuana
  Illinois has now joined 10 other states and the District of Columbia in “legalizing” adult use or recreational marijuana/cannabis for those over 21.
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July

• 7/31/2019
  Client Alert: New Ohio Law Permits Possession and Sale of Hemp Products – But Legal Risks Remain
  On July 30, 2019, Ohio Governor Mike DeWine signed a new law legalizing and regulating “hemp,” defined as cannabis and derivatives thereof with no more than 0.3% tetrahydrocannabinol (THC) concentration on a dry weight basis.
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• 7/31/2019
  • J. Theodore Smith
  • William D.G. Baldwin
  • Aaron S. Berke
  • Kelly B. Bissinger
  • Bryan H. Falk
  • Nicholas R. House
  • Christopher J. Knezevic
  • Joseph B. Mann
  • Jacinto A. Núñez
  • Lindsay Doss Spillman
  • Jonathan K. Stock
  • Jill S. Tangeman
  • Kristin L. Woeste
  • Scott J. Ziance
  Development Incentives Quarterly: Summer 2019
  In the Summer 2019 edition of Development Incentives Quarterly, read about the provisions that impact state law governing economic development incentives in Ohio's Budget Bill and the changes coming to Ohio's Job Retention Tax Credit.
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• 7/30/2019
  Client Alert: California Consumer Privacy Act Amendments Update
  On July 9, 2019, the California Consumer Privacy Act (CCPA) amendment picture got a little clearer as the California Senate Judiciary Committee advanced several amendments while also eroding and eliminating others.
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• Summer 2019
  Q&A: Toby Rittner, President & CEO, Council of Development Finance Agencies
  Toby Rittner is the latest participant in our Q&A series with prominent economic developers across the country. Toby is the President and CEO of the Council of Development Finance Agencies (CDFA), a role he has held for over 14 years.
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• Summer 2019
  • Scott J. Ziance
  • Jonathan K. Stock
  Ohio’s Budget Bill Includes Economic Development Incentives Provisions
  On July 18, Ohio Governor Mike DeWine signed a two-year budget bill (HB 166), his first since taking office.
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• Summer 2019
  • Scott J. Ziance
  • Christopher J. Knezevic
  Major Changes Coming to Ohio’s Job Retention Tax Credit
  On July 18, 2019, Governor DeWine signed into law House Bill 166 (HB 166), the Ohio biennial operating budget bill.
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• 7/29/2019
  Labor and Employment Alert: California and New York Ban Hairstyle Discrimination
  California and New York recently enacted the CROWN Act (Creating a Respectful and Open Workplace) to further prohibit discrimination on the basis of natural hairstyle.
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• 7/26/2019
  Labor and Employment Alert: Pennsylvania Supreme Court Upholds Pittsburgh’s Sick Leave Law
  In August 2015, the City of Pittsburgh, Pennsylvania, enacted the Paid Sick Days Act (PSDA).
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• 7/26/2019
  Client Alert: New York State Greatly Expands Data Protections for Consumers
  Governor Cuomo signed the Stop Hacks and Improve Electronic Data Act (SHIELD) on July 25, 2019, providing stronger protections for New Yorkers by imposing strict cybersecurity requirements on all companies, broadening the Attorney General’s oversight over data breaches, and expanding data breach notification requirements.
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• 7/24/2019
  Labor and Employment Alert: Dallas, Texas, Paid Sick Time Leave Law Takes Effect August 1
  Austin and San Antonio (in 2018) and Dallas (in 2019) all enacted substantially identical paid sick leave ordinances.
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• 7/22/2019
  Labor and Employment Alert: Permissible Preventive Care under High Deductible Health Plans
  In order to contribute to a health savings account (HSA), an employee must be enrolled in a high deductible health plan (HDHP) and not have disqualifying health coverage.
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• 7/18/2019
  Supreme Court Holds State May Not Impose Tax on Trust Income Based Solely on Residency of In-State Beneficiary
  In North Carolina Department of Revenue v. Kimberley Rice Kaestner 1992 Family Trust, Case No. 18-457, 588 U.S. __ (2019), the Supreme Court held that states may not impose a tax on trust income based solely on the residency of an in-state beneficiary.
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