Erin Rhinehart Named One of Dayton Business Journal's Power 50
DAYTON and Cincinnati, Ohio — Faruki PLL (Faruki+) Co-Managing Partner Erin Rhinehart has once again been named as one of the Dayton Business Journal’s Power 50.
The Power 50 award highlights the top female business leaders in Dayton from a variety of industries who have made a large impact on the Miami Valley. The Dayton Business Journal hopes that the list will encourage more women to make a difference in their community. Press Release.
In the News.
Faruki PLL Scores Important Victory Protecting Ohio Corporations Against Unreasonable Shareholder Requests
Jeff Ireland and Brian Wright, with Clay Prickett and Greg Magarian, defended a large-privately-held corporation against overreaching shareholder requests for records. The Ohio law concerning the shareholder right to corporate records has essentially remained unchanged for over a century. Ohio law has not been amended to keep up with changes in technology and the proliferation of electronic records. "Books and records requests" have become a tool to harass corporations by shareholders who finds themselves on the losing end of proper and appropriate corporate decisions. In a hard-fought victory for large and small Ohio corporations, the Warren County Common Pleas Court granted summary judgment on July 27, 2022, in favor of Faruki's client. The Court found that the corporation complied with Ohio law by providing hard copy documents in response to the request. Further, in an area of law not well-developed by Ohio courts, the Court held that the corporation is not required to produce every scrap of paper in response to a “books and records requests,” nor is a shareholder entitled to unfettered access to electronic records.
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