The Supreme Court of Ohio unanimously ruled in a recent case that a builder’s duty to construct a home “in a workmanlike manner using ordinary care is a duty imposed by law”, and that the homebuyer’s right to enforce this legal duty cannot be waived by a homebuyer. In the case Jones v. Centex Homes,...Read More
Director liability is commonly thought of in the context of large, multi-national corporations. However, regardless of size of the entity, directors can be held personally liable for the acts of a company. Shareholders, employees, lenders and customers are potential parties in a lawsuit against a board claiming damages or losses incurred were the result of...Read More
Three significant changes were recently made to Indiana Inheritance Tax laws: (i) increases the exemption amount “Class A” recipients can receive from a decedent before inheritance tax is assessed; (ii) expands the definition of the “Class A” recipients; and (iii) begins a gradual phase-out of Indiana inheritance tax over a 9-year period. These changes are...Read More
Amendments to the Indiana Home Improvement Act (Indiana Code §24-5-11-1 et. seq.) were recently enacted and are effective July 1, 2012. The Act’s new requirements focus on exterior improvements to a residential structure that will, in whole or in part, be paid from insurance proceeds. Remodelers will now be required to give certain notice and...Read More