Calfee Connections

When a business partner begins experiencing financial difficulty, many companies make the mistake of waiting too long to act. By the time a bankruptcy filing occurs, creditors often discover that many of their options have narrowed considerably. Recognizing the warning signs of financial distress early can help businesses preserve their rights, protect their interests, and improve the likelihood of recovering monies owed.

This eight-part blog series explores key issues businesses should consider when a business partner's financial condition begins to deteriorate.

Economic uncertainty can create challenges for even the healthiest businesses. As market conditions shift, companies may find themselves confronting a difficult reality: a customer, vendor, borrower, supplier, or other valued business partner is experiencing financial distress. When that occurs, the questions come quickly. How can a business protect itself? What actions should be taken before a bankruptcy filing? Are there opportunities to improve recovery if bankruptcy becomes unavoidable?

This eight-part blog series explores key issues businesses should consider when a business partner's financial condition begins to deteriorate.

In this "Courtside at the Ohio Supreme Court: Reflections on Significant Decisions" post, Calfee Litigation Partner Andy Owen discusses the Supreme Court of Ohio's recent announcement that anyone seeking damages from a mortgage holder for failing to timely record the mortgage release need not prove that they were actually harmed by the failure to record.

In this "Courtside at the Ohio Supreme Court: Reflections on Significant Decisions" post, Calfee Litigation Partner Andy Owen discusses the Supreme Court of Ohio's recent decision published October 1, 2025, in which the Court declined to answer the questions presented to it by the federal court on the issue of whether hackers of a proprietary database have liability under Ohio law.

In this "Courtside at the Ohio Supreme Court: Reflections on Significant Decisions" post, Calfee Partner Andy Owen discusses the Supreme Court of Ohio's recent decision that reaffirms that lenders in commercial transactions involving sophisticated business entities and individuals generally do not have a duty to disclose to any of the borrowers information learned by the lender in the course of the loan transaction that could increase the risk of default for one of the borrowers.