Resources
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Winning Big In Court: End Goal, or Idealized Outcome?

July 11, 2022

We live in a society that’s familiar with the legal process, but most everywhere we look we see a version of the legal world that isn’t true to reality. A key player in this misleading charade is the “big win.” Entertainment plays it up, as do sensational news stories. After so much exposure to the…

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Finding a Business Acquisition By Creating a Deal Magnet

July 5, 2022

Finding a Business Acquisition By Creating a Deal Magnet Recently a prospective client approached me for help with a business acquisition he hoped to make. The prospect had yet to identify a suitable opportunity but knew he wanted to acquire a manufacturing business. He spoke as well of forming a search partnership to make several…

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The Critical Importance of An Acquisition Action Plan

June 28, 2022

With any business acquisition, we can recommend and prepare a comprehensive business acquisition strategy. At the top of the to-do list is a thorough consideration of all tax-related aspects of the contemplated business acquisition. This consideration should precede drafting a letter of intent. Over the years, I have observed that many clients will proceed to draft…

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Buying a Distressed Business Can Be a Good Acquisition

June 21, 2022

For some buyers, but not most, buying a distressed or troubled business can be the right move. Buying distressed businesses is a risky acquisition strategy – but with potentially great rewards. Recently a client of mine bought a business that was so troubled that it had been shut down altogether and “mothballed.” My client knew…

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When Conducting An Acquisition Search, Be Both Systematic and Opportunistic

June 14, 2022

It occurs to me that when you search for an acquisition opportunity, it is very important to be both thoughtful and systematic. After a great deal of thought, determine what type of business you seek to acquire and why acquiring such a business makes sense for you.  As part of this process, I recommend creating…

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RSVP is Open: State of the mergers & acquisitions market

June 7, 2022

Ben Calkins of the Calkins Law Firm, Ltd. moderates a panel of experts to discuss the deal market right now, opportunities currently available, and the challenges of getting a deal closed in this environment. Hear from our panel of experts on the state of the mergers & acquisitions market. Followed by Q&A and networking breakout…

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5 Questions to Ask When Thinking About Buying a Business

May 31, 2022

I have assisted with many business acquisitions over my decades practicing business law, most of it focused on business transactions. Along the way, I have helped literally dozens of clients and budding entrepreneurs acquire their first businesses.  In most of these cases, I also helped the client identify the acquisition opportunity. I list below a…

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The Importance of Letters of Intent and Term Sheets in Business Acquisitions

May 24, 2022

I recommend that letters of intent, and term sheets, that cover all of the major business points concerning the contemplated transaction, be sufficiently detailed. Why? Because unless there is a fundamental agreement regarding the important business points between or among the parties to the transaction, there is little to no legitimate reason to invest additional…

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RSVP is Open: Intellectual Property In Business Transactions

May 17, 2022

The Critical Importance of Intellectual Property In Business Transactions May 20, 20229am – 10:30am EDTZoom MeetingFREE with RSVP Kathryn Perales of the Calkins Law Firm is an experienced intellectual property attorney who has practiced law for over 20 years in both Ohio and Texas. She has assembled a panel of experts to discuss intellectual property…

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RSVP is Open: Intellectual Property In Business Transactions

May 17, 2022

The Critical Importance of Intellectual Property In Business Transactions May 20, 2022 9am – 10:30am EDT Zoom Meeting FREE with RSVP Kathryn Perales of the Calkins Law Firm is an experienced intellectual property attorney who has practiced law for over 20 years in both Ohio and Texas. She has assembled a panel of experts to…

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Year-End Business Planning

May 11, 2022

As a business owner myself, I have been doing my own year-end business planning. My businesses have performed and progressed well but I have by no means accomplished all of my objectives with any of my businesses. While I work on improving their performance and accelerating their progress each and every day, I use the year…

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Workers Can Be “Intoxicated Persons” Too

May 11, 2022

For those of you who are purveyors of alcohol or who are counselling purveyors of alcohol, the Ohio Supreme Court recently clarified that a liquor establishment’s workers and independent contractors, if they are served alcohol by the establishment directly or indirectly, are covered by Ohio’s Dram Shop Act, R.C. 4399.18. In Johnson v. Montgomery, 2017-Ohio-7445,…

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Winning Big In Court: End Goal, or Idealized Outcome?

May 11, 2022

We live in a society that’s familiar with the legal process, but most everywhere we look we see a version of the legal world that isn’t true to reality. A key player in this misleading charade is the “big win.” Entertainment plays it up, as do sensational news stories. After so much exposure to the…

Read More
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“Will You Waste My Money Like the Other Firm?”

May 11, 2022

This prospective client minced no words. While a question this blunt could take anyone aback, it does deserve a direct answer. Calkins Law Firm is happy to oblige and will always answer “no” to questions like this. Here’s how we differ from the rest. What Sets Us Apart At Calkins Law Firm we care about…

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Why We Recommend a Co-Founders’ Agreement – the All-Important What-Ifs

May 11, 2022

I recently interviewed the founding partner of a local private equity firm. Something he touched on was the fact that when he established his firm, he had an unwritten, understood 50/50 partnership with his co-founder. Years later, when the two decided to go their separate ways, they struggled through the procedures, protocol, and legal matters…

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