David A. Lum

Approximately 9% of all married women and all married men, respectively, aged 15 to 49, experienced some form of infertility between 2015 and 2019. Between 2012 and 2021, the number of assisted reproductive technology (“ART) processes, like in vitro fertilization (“IVF”), more than doubled. In 2021, parents who underwent ART treatments helped facilitate 97,128 babies in total, equivalent to 1…

High school graduation season is currently underway. For some students, next semester means starting college which may include leaving home for the first time. When a child reaches the age of 18, Ohio law states that the child is considered an adult with personal privacy rights. For parents, control over the child is largely lost…

Despite their best intentions, owners of family-owned businesses frequently develop differences of opinions about compensation, day-to-day operations, leadership, financing, disposition of equity, and more. Shareholder agreements, which include close corporation agreements, operating agreements, and buy sell agreements, are an important part of any business strategy, providing a framework for sound governance and preventing misunderstandings that…

Spring is the perfect time to freshen up your business contracts. Just as you tidy up your home when spring has sprung, conducting a comprehensive review of your contracts can streamline operations, mitigate risks, and make certain that your business is optimized for the challenges and opportunities that will present themselves in the months ahead.…

Spring is the perfect time to freshen up your business contracts. Just as you tidy up your home when spring has sprung, conducting a comprehensive review of your contracts can streamline operations, mitigate risks, and make certain that your business is optimized for the challenges and opportunities that will present themselves in the months ahead.…

Real Estate – Inflation How is the real estate market in your jurisdiction being affected by inflation? Rising construction costs are dramatically affecting development and re-development projects. During the life cycle of a development project, from initial design through the bidding process, budgets can be affected by 20%, 30% or even up to 50%. In…

By: Hugh D. Berkson At the risk of stating the painfully obvious, if something sounds too good to be true, it probably is.  The latest evidence supporting that timeless gem is Robinhood’s promise of free stock trading available to anyone.  It sounds great, except when Robinhood’s trading platform goes offline, leaving tens of millions of…

By: Kyle P. Graham On March 11, the American Rescue Plan Act of 2021 (ARPA) created the $28.6 billion Restaurant Revitalization Fund (RRF) to provide grants to restaurants sustaining financial losses due to the COVID-19 pandemic.  Under this program, an entity that owns a place of business where the public or patrons assemble for the primary…

The 2021 new year arrived with two important legislative changes that impact privately owned businesses.  The first pertains to a new federal law that will require the identification and disclosure of privately held business owners.  It is known as the Corporate Transparency Act (“CTA”). The CTA was passed as part of the National Defense Authorization…

The purchase price in a merger or acquisition deal is of paramount importance. Beyond the dollar amount, however, the manner of payment is critical as well. While most sellers wish to receive 100% of the purchase price in cash at closing, an earnout is a common component. An earnout allows a seller to receive a…

CLEVELAND, OH (February 18, 2021) – McCarthy, Lebit, Crystal & Liffman Co., LPA is pleased to welcome Rebekah A. Branham to the firm as an associate in the Family Law group. Branham focuses her practice on assisting clients in all areas of domestic relations law including divorce, dissolution, spousal support and child support, post-decree litigation…

Our Securities Fraud practice area has received dozens of calls from distressed investors, all with the same complaint: “I woke up today, saw that my stock is trading at a much higher price, but when I went to sell, I had a fraction of the shares I had yesterday. Help! My broker stole my stock!”…