Commercial Finance & Contracts Archives

New Reporting Requirements for LLCs and Corporations: The Corporate Transparency Act

November 7, 2023

A new federal law will require business entities to report their ownership information to the Financial Crimes Enforcement Network (FinCEN). On January 1, 2021, Congress enacted the Corporate Transparency Act (CTA) as part of the National Defense Authorization Act for 2021. The U.S. Department of the Treasury and FinCEN adopted Regulations implementing the CTA on September 30, 2023.

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Business Law Commercial Finance & Contracts Insights

Ohio Law Change Grants Lien Rights to Design Professional

March 9, 2022

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Business Law Commercial Finance & Contracts News

The Impact of the Pandemic on Retail Leases in Ohio

April 13, 2020

As a result of the COVID-19 pandemic, Dr. Amy Acton, Director of the Ohio Department of Health, issued a Stay at Home Order on March 22, 2020 (and amended on April 2, 2020) that resulted in all businesses in the…

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Commercial Finance & Contracts Insights Real Estate Law

Manage Borrower Expectations to Boost Business

December 3, 2019

In the course of your work as an SBA lender, you’ve likely run into every personality type under the sun. Realistically, you’ll like some of them and others, not so much. How much each of them knows about the financial…

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Business Law Commercial Finance & Contracts Insights

Contracting Tips to Protect Your Clinical Research Site: How to Minimize Risk in Clinical Research Contracts

October 8, 2019

It is possible to negotiate clinical research contracts in order to minimize risk to the principal investigator and the clinical research site. Attorney Orly Rumberg advises her clients to negotiate a clinical research agreement in order to: – Avoid personal…

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Commercial Finance & Contracts Health Care Insights

Cyber Fraud and Wire Fraud

July 30, 2019

If you are involved in email communications with someone requiring a wire transfer of funds, you can potentially fall victim to wire fraud. The Consumer Financial Protection Bureau has issued a warning to consumers regarding scams and phishing schemes that…

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Commercial Finance & Contracts Information Technology, Privacy, New Media, and Advertising Insights

504 Rates Continue to Drop

July 9, 2019

The most recent quarter has seen SBA 504 rates continue to decline from April’s high of 4.367% to the most recent rate in June of 3.983% for the 20-year loans. Rates for the 25-year loans have followed suit with the April rate…

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