Insights

Ohio law has long relied on court precedents to value Section 8 and Section 42 subsidized housing for property tax purposes. Conflicting precedents and statutory provisions often led county auditors to overvalue these properties, resulting in inflated property tax bills... Read More

For nearly two decades, the Ohio Commercial Activity Tax (CAT) has generated significant tax revenue from both in-state and out-of-state entities. Recently, the CAT underwent notable changes aimed at simplifying the tax structure and reducing the burden on small businesses.... Read More

For individuals with minor children or grandchildren, long-term planning can be daunting. But, with the help of a trust, parents and grandparents can ensure that their legacy is managed wisely while benefitting their children or grandchildren for years to come.... Read More

In the context of construction defect claims, a perennial dispute between commercial general liability, or CGL, carriers and policyholders concerns coverage for liability arising from potential or threatened property damage. Commonly, this dispute arises when an insured's faulty work jeopardizes... Read More

The Supreme Court resolved unanimously a common estate tax issue for many closely-held companies. The issue in Connelly v. United States was “whether the corporation’s obligation to redeem [a deceased shareholder’s shares] was a liability that decreased the value of... Read More

The D&O claims environment is now in an unusually uncertain state. An unpredictable U.S. economy, a struggling global economy, high inflation and interest rates, a tight labor market, the growth of artificial intelligence, and fluctuating fuel costs will likely create... Read More

There is no question that mass shooting incidents in this country are unfortunately continuing at a staggering pace. As of April 29, the crowd-sourced "Mass Shooting Tracker" project, which considers a mass shooting to include a single incident in which... Read More

IPO activity reached a fever pitch in 2021 but slowed dramatically in 2022 and 2023. Yet, a growing chorus of capital markets and private equity experts is now predicting a resurgence of IPOs, and particularly private equity-backed IPOs. Indeed, according... Read More

Another Idea for Improving the Defend Trade Secrets Act: Providing an "Off Ramp" to the Plaintiff Who Wants to Avoid a Costly Litigation In a post last year, I proposed a solution for a recurring problem in trade secret litigation–namely,... Read More

Tune in for the full podcast here: PLUS Podcast: What's Ahead in the World of Private Company Claims? - PLUS Blog Read More

The April 1st deadline to file property tax challenges is rapidly approaching. Recent tax years have seen historically large property value increases. So, it is more important than ever to ensure your property is appropriately valued. And, because so many... Read More

Year in Review: 2023 Key Management and Professional Liability Insurance Coverage Decisions. The past year was marked by several pivotal insurance coverage decisions that cast fresh light on new and longstanding coverage issues facing management and professional liability insurers and... Read More