Coronavirus is a serious pandemic, the likes of which we have not seen before. The law recognizes that certain uncontrollable circumstances (like the Coronavirus pandemic) may make performance of business obligations impossible or impractical under the circumstances. Force majeure clauses are contract provisions that excuse a party’s nonperformance when “acts of God” or other extraordinary […]
Commonwealth Counsel Group advised Monnik Beer Co. on its acquisition of the New Albanian Brewing Company’s former brewhouse property located at 415 Bank Street in downtown New Albany, Indiana. CCG’s team was led by attorney Jonathan Matthews. “New Albany is one of the most attractive markets for Louisville-based investors and business owners looking to expand […]
Commonwealth Counsel Group is pleased to announce that Jason M. Nemes, a highly regarded litigation attorney with deep roots in Kentucky’s business community, is now a CCG member. Mr. Nemes joined CCG in January 2020 and leads CCG’s expanding administrative law practice. Selected as a Super Lawyer since 2013, he has over 15 years’ experience, […]
Proposed Kentucky Anti-SLAPP Law: A new law has been proposed in Kentucky, the Kentucky Public Participation Act, which seeks to provide protection against frivolous lawsuits filed for the purpose of limiting free speech. Strategic Lawsuits Against Public Participation (“SLAPP”) Freedom of expression is a right enshrined in both the Fist Amendment to the Constitution of […]
Effective January 1, 2020, the salary threshold for employees to be classified as exempt from the wage and overtime requirements of the federal Fair Labor Standards Act (FLSA) increases as part of new overtime regulations issued by the U.S. Department of Labor (DOL). Under the FLSA, employers must pay workers at least the minimum wage […]
Buying or selling a home is often as stressful as it is exciting. It is also fraught with the potential for a dispute over the non-disclosure of conditions of the home. If certain conditions are not disclosed on the seller’s disclosures, legal remedies may be pursued. Greater Louisville Association of Realtors (GLAR) If the home […]
You have built your business and now are looking to sell. When the moment comes in your entrepreneurial journey to take steps toward selling your business, it is important to be prepared. Understanding the process and the players can make the difference between a successful exit and a lost opportunity. As early as possible, educate […]
The limited liability company (LLC) form is one of the most prevalent business entity forms in the United States and continues to rise in popularity, especially for commercial real estate. In recent years, the process for forming LLCs has become simpler in many states. In Kentucky, for example, the cost to organize an LLC is […]
Kentucky Limited Liability Companies continue to be one of the most common types of business structures. An LLC is governed by an operating agreement, which is a written agreement between the members of the LLC. In Kentucky, your LLC will be governed by the default provisions contained in KRS 275.001 to KRS 275.540 if there […]
Effective on June 27, 2019, Kentucky has implemented new pregnancy accommodations law for pregnant employees – consequently placing additional burdens on applicable employers – by amending the Kentucky Civil Rights Act to add the Kentucky Pregnant Workers Act (KRS 344.03 to 344.110). What Businesses Does the Kentucky Pregnant Workers Act Apply to? While the Kentucky […]