The Calkins Law Firm | Premier Business Law Professionals In Ohio and New York

Resources

The Critical Importance of Exhaustive Discovery

August 15, 2022

Let’s get into the fascinating world of discovery. I remember my initial experience of the term like it was yesterday. During my early years in private law practice I assisted the seasoned attorneys with discovery. It sounded beyond exciting, as if we’d be tackling fast-paced scientific exploration, investigating stem cell research, or doing something even…

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Creating A Customer Service Revolution by John DiJulius

August 8, 2022

About John DiJulius John DiJulius is redefining customer service in corporate America today. He didn’t read the books on customer service, he wrote them. One of the most captivating and charismatic speakers today, John’s keynotes and workshops are used by world-class service companies to provide unforgettable customer service every day. In his high-energy presentations, he…

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8 FAQ Regarding Contracts

August 1, 2022

What is a contract? A contract is a promise or set of promises for the breach of which the law gives a remedy or the performance of which the law recognizes as a duty. In other words, a contract is a promise that is enforceable by law. What are the requirements for proving the existence…

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What You Should Know About Breach of Contract with Fraud Claims

July 25, 2022

Contracts are used in business to create legally binding agreements between parties. Violating any of the conditions or terms of the contract is referred to as a breach of contract. A contract breach can result in a civil cause of action that may result in a variety of damages, including monetary damages and specific performance.…

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Three Types of Buy-Sell Agreements

July 18, 2022

There are three general types of buy-sell agreements. They are often defined as: fixed price, formula price, and valuation process. Fixed price agreements are exactly as they are advertised – the price is set in the agreement, and that price stands until the agreement is updated. Fixed price agreements tend to result in a fairly high…

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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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