With a new year comes new tax rules that have significant impacts on your operating agreements and LLCs. If you haven’t updated your operating agreement for some time or if you are entering or exiting an LLC, the Bipartisan Budget Act of 2015 (the “BBA”) has significant impact for the former “tax matter partner” provisions. These BBA provisions took effect January 1, 2018 and repeal the TEFRA and ELP procedures and applies to all partnerships that file a Form 1065 return. In implementing these rules, IRS hopes to increase audit activity and make it easier to assess deficiencies for unpaid taxes to your partnerships. It is critical to understand the new rules in order to better protect yourself and your partnership in future audit.
It is commonly understood that a case for defamation can arise from a false statement injuring a person’s reputation, business, or profession. But it is less well known that the same legal principles can apply to the ownership of real or personal property based on “slander of title.” Under Ohio law, slander of title is …Read More
Strauss Troy is seeking a part-time Court House Clerk for its downtown Cincinnati office. Primary responsibilities: Courthouse filings/Runner Must be available to work Monday through Friday 10 a.m. to 4:30 p.m. Qualifications: Able to get along with a variety of people at courthouses as well as in the office Must be organized and timely Knowledge …Read More
The Food and Drug Administration (FDA) has just issued a warning that JOHNSON & JOHNSON’S diabetes drug Invokana® presents a significant risk of causing foot or leg amputations. The FDA’s warning comes after two clinical trials showing foot and leg amputations occurred about twice as often in patients taking the diabetes drug Invokana®. The FDA …Read More
Strauss Troy shareholder Marty Butler received Northern Kentucky University’s Distinguished Service Award, which recognizes alumni who have demonstrated exceptional leadership and service to Northern Kentucky University through their time and talents. Jeffrey Standen, dean of the Salmon P. Chase College of Law noted that Marty is an indispensable part of the NKU community. In 2014, …Read More
JOHNSON & JOHNSON is now facing thousands of lawsuits by women with ovarian cancer (or their estates) who have used Johnson’s baby powder or Johnson’s Shower to Shower talcum powder product for feminine hygiene. Despite the ever-increasing proof of the connection between the use of talc products and ovarian cancer, Johnson & Johnson decided not …Read More
Our nationally recognized attorneys work together as a team to be your legal partner, whether you need an attorney to handle a personal or a corporate matter. Strauss Troy has been recognized by U.S. News – Best Lawyers as a Best Law Firm in the following practice areas: Commercial Litigation Mass Tort/Class Actions – Plaintiffs Real Estate …Read More
Strauss Troy is currently evaluating cases involving Johnson and Johnson’s DePuy hip replacements. While Johnson and Johnson promoted the DePuy “metal-on-metal” hip replacements as lasting longer than similar devices that included ceramic or plastic materials, the truth was exactly the opposite. In fact, the five-year failure rate on some of the DePuy hips is close …Read More
Strauss Troy is investigating companies that purchase structured settlement annuities and retirement annuities. These purchases result an individual receiving a lump sum of money in exchange for giving up a stream of payments from an annuity. Individuals typically come to receive payments from an annuity either because they have entered into a structured settlement as …Read More
Strauss Troy Shareholder Emily Supinger was appointed Village Solicitor for the Village of Bethel on September 14. Emily also serves as City Solicitor for the City of Wyoming and Village Law Director/ Solicitor for the Villages of Woodlawn and Moscow.