Calfee Connections

When the purchaser and the seller of a business are not able to negotiate an agreed-upon price to be paid at closing, one option is to incorporate an earnout provision into the transaction document.

On Episode 18 of Calfee NOW, Phil Casey and Jim Lang, Partners and Co-Chairs of Calfee's Energy and Utilities practice group, spoke with Jim Holsclaw, who recently joined the firm's Indianapolis office as a Partner in the Energy and Utilities group. 

On April 14, 2021, the DOL released a series of long-anticipated cybersecurity tips and best practices for ERISA-covered benefit plans, which include retirement and welfare plans. The guidance is directed at plan sponsors and fiduciaries (and, at least indirectly, plan service providers) as well as plan participants and beneficiaries.

As part of the Calfee NOW video series, the recently appointed Director of the Ohio Department of Insurance (ODI) and prior Ohio Supreme Court Justice, Judith French, sat down  for a brief chat with Calfee’s James Sullivan.

Here are some highlights of interest for Calfee’s policyholder clients:

Following up on the prior analyses (here and here) that Calfee’s insurance policyholder practice issued regarding insurance coverage for business interruption losses stemming from the COVID-19 pandemic, all eyes continue to be trained on Ohio. On April 14, 2021, the Ohio Supreme Court officially accepted a certified question from the federal Northern District of Ohio that will have broad and sweeping impacts not only on Ohio policyholders, but throughout the U.S.

Being a business owner always carries a certain level of risk. However, the rewards of ownership can be great as well. Whether you own one company or a portfolio of enterprises, you know that leveraging your assets and minimizing your liabilities is key.