When purchasing a business, buyers often prefer that the transaction be structured as an asset purchase rather than a stock purchase. In a stock purchase, the buyer purchases the target company as an entity, and therefore assumes the seller’s liabilities, since the company being acquired retains all of its liabilities as a matter of law....Read More

(EVANSVILLE, Ind.) – July 28, 2015 – Steven S. Hoar, a civil litigator at Kahn, Dees, Donovan & Kahn, LLP (KDDK), has been elected president of the Evansville Bar Association. Hoar primarily handles contract, construction, manufacturing, corporate, financial services, real estate, and creditors’ rights disputes through state and federal courts, as well as arbitration. He...Read More

On July 15, 2015, the U.S. Department of Labor (“DOL”) announced that it had entered into a Memorandum of Understanding (“MOU”) with the Kentucky Labor Cabinet.  Under the MOU, the agencies may share information and coordinate enforcement of federal and state laws and regulations regarding classification of workers.  In addition to Kentucky, the DOL has...Read More

Last Thursday, the United States Supreme Court voted 6-3 in favor of the defendants in the case of King v. Burwell.  In that case, the petitioners argued that the words, “an exchange established by the state” in the Affordable Care Act meant that only Americans purchasing health care coverage from a State-run exchange (such as...Read More