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BMD Assists Olympic Steel on Recent Acquisitions
October 6, 2021
BMD recently assisted client Olympic Steel on two deals.
Brennan Manna Diamond
New NIL Opportunities for Student-Athletes Require Diligent Review
July 8, 2021
On June 28, 2021, Governor Mike DeWine signed Executive Order 2021-10D, “Establishing the Duties of Colleges and Universities as to Name, Image, and Likeness Compensation of Student-Athletes.” The Executive Order was motivated by the passage of similar name, image, and likeness (“NIL”) regulations in seventeen (17) other states; Ohio followed suit to avoid a significant competitive disadvantage in attracting student-athletes to the state.
Michael De Matteis and Nicholas Karam
A New Formation Solution – is the SSLC Right for Your Business?
March 4, 2021
In early January 2021, Ohio adopted Senate Bill 276 which established a Revised Limited Liability Company Act (“ORLLCA”) as Ohio Revised Code Chapter 1706, which effectively replaces the current Ohio Limited Liability Company Act (Ohio Revised Code Chapter 1706). The ORLLCA will become effective on January 1, 2022. One of the principal changes within the ORLLCA is the ability to establish “series LLCs”. Ohio becomes the 15th state to adopt a “series LLC” (“SLLC”). The below FAQs will help you better understand the mechanics and nuances of a series LLC.
Michael D. De Matteis, Esq. with Lauren Zidones