LLCs and Commercial Real Estate

The limited liability company (LLC) form is one of the most prevalent business entity forms in the United States and continues to rise in popularity, especially for commercial real estate.  In recent years, the process for forming LLCs has become simpler in many states.  In Kentucky, for example, the cost to organize an LLC is […]

The Importance of LLC Operating Agreements

Kentucky Limited Liability Companies continue to be one of the most common types of business structures. An LLC is governed by an operating agreement, which is a written agreement between the members of the LLC.  In Kentucky, your LLC will be governed by the default provisions contained in KRS 275.001 to KRS 275.540 if there […]

Kentucky’s New Pregnancy Accommodations Law

Effective on June 27, 2019, Kentucky has implemented new pregnancy accommodations law for pregnant employees – consequently placing additional burdens on applicable employers – by amending the Kentucky Civil Rights Act to add the Kentucky Pregnant Workers Act (KRS 344.03 to 344.110). What Businesses Does the Kentucky Pregnant Workers Act Apply to? While the Kentucky […]

Kentucky Enacts New Arbitration Law for Employers

On March 25, 2019, Kentucky Governor Matt Bevin signed into law a bill that allows Kentucky employers to require arbitration as a condition of employment and continued employment. The law substantively amends the language of two state statutes: KRS § 336.700 and KRS § 417.050. Senate Bill 7 will become effective June 27, 2019 and […]

Non-Compete Agreements in Kentucky

Non-compete agreements in Kentucky. Non-compete agreements are generally not favored by the courts. In fact, some states, like California, have enacted laws which effectively ban the use of non-compete agreements. What does Kentucky law say about non-compete agreements? In an important ruling in 2014, the Kentucky Supreme Court clarified the law on non-competes in a case […]

Kentucky Trade Secrets

Kentucky Trade Secrets All businesses use novel ideas for products or services to gain a competitive edge.  While you may not have a patentable product or process you probably do have recipes, processes, customer information, or ways of conducting your business that have cost you time, money, and sweat equity to develop. Kentucky Trade Secrets  […]

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