Inside the Quarterly Legislative Update – October 2012:
- Health insurance plans that achieve or retain “grandfathered” status will be exempt from many provisions of the Affordable Care Act.
- Recent revisions to Ohio’s LLC statute clarify that a creditor can only satisfy a judgment against an LLC member by obtaining a charging order against the member’s LLC interest.
- Other revisions to Ohio’s LLC statute define the scope of the duties that LLC members owe each other and the role of an LLC operating agreement.
- The Ohio Senate recently introduced a business-friendly attempt to reform Ohio’s outdated employment discrimination statute.