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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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Read Business Law Update to stay up to date on legal issues that impact public and private companies on a local, national and global basis. Articles in this issue include:

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In this issue, Frank Chaiken, practice group leader of the Corporate Transactions &amp; Securities practice, reflects on economic and political issues rising and falling and rising again over time, and whether the pendulum is currently swinging toward an era of stricter government regulation of business. <a href="https://www.thompsonhine.com/insights/all-change-again/" target="_blank" rel="noreferrer noopener">Read more.</a>

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Creative Solutions for Buyers as Non-Compete Bans Increasingly Affect M&amp;A Deals

In the M&amp;A context, buyers often rely on non-compete covenants as part of broader strategies to retain the value of the businesses they are purchasing, particularly intellectual property and key customer relationships. In this article we summarize current and proposed non-compete restrictions (and applicable exceptions) and introduce potential workarounds that may help preserve value and deter bad-faith competition. <a href="https://www.thompsonhine.com/insights/creative-solutions-for-buyers-as-non-compete-bans-increasingly-affect-ma-deals/" target="_blank" rel="noreferrer noopener">Continue reading.</a>

So, You’re Thinking About Buying an ESOP? Initial Considerations When Acquiring an ESOP-owned Corporation

Buying an employee stock ownership plan-owned company may raise issues that aren’t present in a typical M&amp;A deal. This article addresses high-level matters to consider when contemplating the acquisition of an ESOP-owned corporation. <a href="https://www.thompsonhine.com/insights/so-youre-thinking-about-buying-an-esop-initial-considerations-when-acquiring-an-esop-owned-corporation/" target="_blank" rel="noreferrer noopener">Read more.</a>

Questions to Ask Your Law Firms About Their Use of Artificial Intelligence

As the use of AI-related technologies continues to grow across a variety of industries, it is important that customers understand the technologies being utilized by their service providers. This article offers a list of questions for clients to ask to gain a clearer understanding of how their law firms employ AI and ensure that it is used responsibly, ethically and in clients’ best interests. <a href="https://www.thompsonhine.com/insights/questions-to-ask-your-law-firms-about-their-use-of-artificial-intelligence/" target="_blank" rel="noreferrer noopener">Continue reading.</a>

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This article may be reproduced, in whole or in part, with the prior permission of Thompson Hine LLP and acknowledgement of its source and copyright. It is intended to inform clients about legal matters of current interest. It is not intended as legal advice. Readers should not act upon the information contained in it without professional counsel.

This document may be considered attorney advertising in some jurisdictions.

Business Law Update – October 2023

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