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Three Minute Update - Positioning for the Future: Due Diligence Throughout the Process of a Deal

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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2022 Deal Landscape: Reps & Warranties Insurance (Podcast)

By: Robert A. Greising and George C. Lepeniotis on October 12, 2022

In this podcast Mergers & Acquisitions specialist, Robert A. Greising, dives into a continuation of our 2022 Deal Landscape focusing on Reps and Warranties Insurance.

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Three Minute Update – Protecting Your Business: Confidentiality Agreements

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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Three Minute Update - Protecting Your Business: Piercing the Corporate Veil

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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Three Minute Update – Doing a Deal: Stacking the Deck - the Law and Best Practices for Building Your Board

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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UPDATED - Corporate Transparency Act: New Obligations to Disclose Beneficial Ownership of Private Companies

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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President Signs Bankruptcy Threshold Adjustment and Technical Corrections Act of 2022

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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Your Customer Is Heading Towards Bankruptcy, What Should You Do Now?

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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Legislation from the 2022 Indiana Legislative Session that proposed regulatory changes to cannabis

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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Website Compliance with the ADA: Is Your Company Compliant With the Latest DOJ Guidance?

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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Three Minute Update – Doing a Deal: Benefits from Selling Personal Goodwill 

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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Three Minute Update - Doing a Deal: Practical Considerations Before the Sale of Your Business

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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