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On April 23, 2024, the Federal Trade Commission (“FTC”) voted 3-2 to issue a final nationwide rule banning noncompete agreements In doing so, the FTC plans to remove a vital tool used by businesses to reasonably prevent employees from unfairly competing with their employers after their employment ends. In the rule, the FTC asserts it […]
As you may be aware, the newly enacted Corporate Transparency Act (CTA) went into effect on January 1, 2024. The Financial Crimes and Enforcement Network (FinCEN), the agency charged by Congress with the administration of the CTA, estimates that over 32 million small businesses will be required to file a Beneficial Owner Information Report. This […]
Walter Haverfield recently reported on the passage of Ohio’s Issue 2 as part of the November 7th general election. The full text of Issue 2 went into effect on December 7th, 2023, legalizing adult use of cannabis across the state. Since then we have received a large volume of inquiries regarding what the new law […]
The U.S. Department of Labor (DOL) has announced a final rule under the Fair Labor Standards Act setting forth factors for the classification of workers as employees or independent contractors. The final rule rescinds the 2021 Independent Contractor Rule put into place under the Trump administration, which primarily focused on two “core” factors – the […]
Ohio Super Lawyers, a service that recognizes outstanding lawyers for peer recognition and professional achievement, has selected 13 Walter Haverfield attorneys to its 2024 Ohio Super Lawyers list. It has also selected an additional six Walter Haverfield attorneys to its Ohio Rising Stars list, which honors candidates who are 40 years old and younger or […]
The attorneys and support staff members of Walter Haverfield’s Cleveland office excitedly remind clients that we will be relocating to Post Office Plaza next month in January 2024. The new workspace, which has been described as dynamic and collaborative, is located at 1500 W. 3rd St., Suite 300, Cleveland, OH 44113-1467. Post Office Plaza, the […]
Ohio Administrative Rule 4301:1-1-52(B) addresses a crucial aspect concerning the adult use of marijuana within liquor permit premises. According to this rule, permit holders, their agents, or employees are explicitly prohibited from knowingly or willfully engaging in various activities related to controlled substances and dangerous drugs on the licensed premises. Furthermore, permit holders, their agents, […]
On October 11, 2023, the Federal Trade Commission (the “FTC”) proposed a new rule to prohibit junk fees. “Junk fees” are understood to mean any (a) hidden fees that are otherwise mandatory but not disclosed to customers upfront before a transaction, typically used in the nature of bait-and-switch tactic or to convey an artificial lower […]