Diverse businesses operating in virtually every industry in Ohio and across the country contemplate a corporate double-edged sword when it comes to some highly valued employees with key skills and intimate access to proprietary data. And that is this: They obviously want to secure the employment of such individuals, but they must also safeguard the business against the possibility that those singular workers might leave the company in the future and compromise confidential information by revealing it to competitors. We clarify that concern on a website page at the long-tenured Dayton law firm of Coolidge Wall that discusses noncompete and …

Business organizations in Ohio and across the United States come in myriad forms, and for eminently sound reasons. Fundamentally, of course, no single business structure can be uniformly applicable for all enterprises. Business principals in one instance might be comprised of just a few members and focused predominantly on exercising close control through a family-owned company or a closely held corporation. Conversely, it might be the case that partners are highly concerned with risk-related implications and seek to address that concern through formation of a limited liability company. In many business scenarios, rapid growth is envisioned, which can logically drive …