This summer the Ohio legislature passed significant changes to real property taxation that will impact all property owners. These changes include clarifying how a property is to be valued for real property tax purposes, changing how a recent sale should impact the value of property for taxation purposes, as well as other changes that will impact the filing of complaints at local Boards of Revision.
In this quarterly publication, our attorneys will research and write articles that are insightful, interesting and helpful to you. If something is on the horizon that you should know, we'll tell you how it affects you and what you should do to prepare.
The 2012 elections are just less than a month away. Many states allow employees to take time off, sometimes with pay, so that they can vote. The chart below provides a general overview of each state’s law as to time off, pay, and what, if any, advance notice is required before taking time off to vote.
With the November 6 General Election only five weeks away, the political campaign season is kicking into high gear. Here is a preview of the major candidate races and issues that will be on the ballot in Ohio.
On October 1, 2012, New York Stock Exchange LLC (NYSE) amended the proposed listing standards it issued on September 25, 2012 implementing the requirements imposed by Section 10C of the Securities Exchange of 1934 and Exchange Act Rule 10C-1.
The Ohio Constitutional Modernization Commission held its first meeting on September 13, 2012. The Commission was created through the passage of House Bill 188 earlier this year, and is tasked with conducting a comprehensive review of the Ohio Constitution, and making recommendations to the General Assembly regarding changes to the Constitution, including recommendations for changes to the process for proposing constitutional amendments.
On September 25 and 26, 2012, respectively, New York Stock Exchange LLC (NYSE) and The NASDAQ Stock Market LLC (NASDAQ) proposed amendments to their listing standards to comply with the requirements of Section 10C of the Securities Exchange Act of 1934 (the Exchange Act), as set forth in Exchange Act Rule 10C-1, relating to the independence of compensation committees and compensation advisers.
Whitney Gibson, an attorney in the Vorys Cincinnati office, and Christopher Anderson, Ph.D., co-founder of Cyber Investigation Services, LLC, authored a column for PR News with tips to help public relations professionals identify an individual who is seeking to hurt a business online.
Vorys partners Sheila Nolan Gartland and Reginald Jackson served as editors for the American Bankruptcy Institute’s When Gushers Go Dry: The Essentials of Oil & Gas Bankruptcy.
Jeffrey Marks, a partner in the Vorys Cincinnati office, authored a column about the decision from U.S. Court of Appeals for the Sixth Circuit in Onkyo Electronics V. Global Technovations for Law360.
After many attempts, it appears that clothing designs may finally gain protection in the United States. On Monday, September 10th, Senator Charles Schumer re-introduced a new version of what is now called the Innovative Design Protection Act (IDPA) to provide quasi-copyright protection to “fashion designs.”
The most significant changes under the Patient Protection and Affordable Care Act (ACA) are scheduled to go into effect in 2014. One of those changes is the imposition of shared responsibility penalties on large employers that fail to offer health coverage to all of their full-time employees (or offer health coverage to full-time employees that is deemed to be unaffordable or inadequate).
Anthony D. Weis, a partner in the Columbus office, published this article in the Summer 2012 edition of The Bankers' Statement regarding the JOBS Act and what it means for financial institutions.
Kimberly J. Schaefer, a partner in the Cincinnati office, published this article in Summer 2012 edition of The Bankers' Statement," regarding financial institutions' use of vendors.
J. Bret Treier, a partner in the Akron office, published this article in the Summer 2012 edition of The Bankers' Statement regarding copying and removing financial institution and supervisory records from an institution.
Carey Jordan and Iona Kaiser, partners in the Houston office and members of the intellectual property group, co-authored an article for Nanotechnology Law & Business titled "Nanotechnology Patent Survey: Who Will be the Leaders in the Fifth Technology Revolution?"
On August 22, 2012, the U.S. Securities and Exchange Commission (the SEC) adopted its final rule requiring public disclosure by certain companies that file reports with the SEC and whose products contain tin, tantalum, tungsten or gold (conflict minerals).