Business
By: Sarah E. Jones and Travis D. Lovett
on October 27, 2022
Due diligence serves as a key backbone to a successful M&A transaction. While performing preliminary due diligence can set a business up for success in preparing for a future transaction, as further explained in this article, diligence should take place throughout an M&A transaction – not only to…
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By: Daniel Tychonievich and Virginia A. Talley
on August 23, 2022
Confidential information often ranks as one of the most highly valuable and principal group of assets for many companies, and protecting these assets should be a vital business priority. In the ordinary course of business, however, many companies regularly share confidential information with…
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By: Michael E. Williams and Corben A. Lee
on July 28, 2022
Corporations and limited liability companies offer, as a primary benefit to using an entity form for operating a business, limited liability protection to the owners for the entity's actions, debts, and other obligations. This concept means that the debts and liabilities of the entity belong to…
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By: George C. Lepeniotis and Alex C. Bowman
on June 30, 2022
Every day businesses at home in Indiana and across the country rely on the resources and capabilities of their workforce to accomplish their goals. As leaders of these organizations will tell you, the heart of any well-run business is a dedicated team of competent individuals. When evaluating a…
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By: Robert A. Greising, Virginia A. Talley, and Maria Vladimirova Geltz
on June 29, 2022
UPDATED - On January 1, 2021, Congress enacted the Corporate Transparency Act (the “CTA” or the “Act”) as part of the greater National Defense Authorization Act for Fiscal Year 2021. Since then, some actions have been taken towards implementation of the CTA, though not as rapidly as two senators…
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By: C. Daniel Motsinger
on June 24, 2022
As noted in our prior Alerts, the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”), which became law March 27, 2020, included various COVID-19 pandemic-related bankruptcy relief provisions which sunsetted on Saturday, March 27, 2021, but were extended by the “COVID-19 Bankruptcy…
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By: Kay Dee Baird
on June 23, 2022
As inflation and interest rates rise, a recession is likely coming. A recession means more bankruptcy filings. Providers of goods and services often unknowingly find themselves embroiled in bankruptcy litigation if the provider received payment within 90 days of the customer’s bankruptcy filing.…
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By: Travis D. Lovett
on June 15, 2022
During the 2022 Legislative Session, the Indiana legislative body considered more than ten bills focused on regulations that affect the cannabis industry. These bills presented different viewpoints on the approach to regulate cannabis. On one end of the spectrum were bills that proposed to legalize…
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By: Brett J. Ashton and Libby Yin Goodknight
on June 8, 2022
While commercial businesses are typically aware of their responsibilities under the Americans with Disability Act (the “ADA” or the “Act”) relative to the maintenance of their physical office spaces and general corporate policies, some businesses have been the recipients of demand letters alleging…
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By: Robert A. Greising and Travis D. Lovett
on May 26, 2022
When selling a business, careful planning of the structure of a transaction can result in significant tax savings for the seller without increasing the costs to the buyer. As one option, owners of a closely held business should explore the potential of selling the goodwill attributed to them…
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By: Brian M. Heaton and Corben A. Lee
on April 27, 2022
In every business, the point in time will come when owners would like to retire or perhaps enter into a new line of work, and selling your business makes the most sense. This decision is not easy to make, as you will need to consider several key elements to the potential transaction while dealing…
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