Kahn, Dees, Donovan & Kahn, LLP (KDDK) has been recognized as a leading law firm in the Evansville metropolitan area for several areas of law. It was announced today that KDDK achieved Metropolitan Tier 1 rankings for Closely Held Companies and Family Businesses Law, Labor Law-Management, and Real Estate Law, and Metropolitan Tier 2 rankings...Read More
The Indiana Court of Appeals recently granted a church’s petition to rehear a breach of contract case and reaffirmed its previous ruling against a church that had failed to carry out the terms of its lease with its landlord. In Randy Faulker & Associates, Inc. and Randall W. Faulkner v. The Restoration Church, Inc., 41A01-1506-PL-706,...Read More
In its September 8, 2016, decision, the Indiana Court of Appeals made clear that timing is everything when filing a claim. In V. Ganz Builders & Development Company (VGB) v. Pioneer Lumber, Inc., the court considered whether a statute of limitations defense remained valid even if the defense was not raised in the party’s first answer...Read More
On August 2, 2016, the Internal Revenue Service issued proposed regulations that will have a significant adverse effect on the valuation of many family owned or controlled businesses for federal estate and gift tax purposes. These regulations, if finalized, would: Eliminate or substantially reduce lack of control and minority interest discounts for many transfers involving...Read More
Having worked on real estate development projects and served regional economic development agencies, we have heard many site selectors’ differing perspectives. However, those site selectors and their job-producing global clients repeat three (3) key points that owners, developers and their communities should heed in trying to attract their next major project. Data must be open....Read More
Employers should be aware that on May 11, 2016, President Obama signed the Defend Trade Secrets Act (DTSA) into law (modifying 18 U.S.C. §§ 1831, et seq.) The provisions of the DTSA became effective immediately, but only apply to a misappropriation of trade secrets occurring on or after the DTSA’s effective date. Many states, such...Read More
On May 11, President Obama signed the Defend Trade Secrets Act (DTSA) of 2016, providing a federal cause of action for misappropriation of trade secrets. Until now, companies suing to defend their trade secrets had to resort to state courts. While most states have laws protecting trade secrets, outcomes under these laws were neither uniform...Read More
[vc_row][vc_column][vc_column_text]Effective July 1, 2016, the filing schedule with the Indiana Secretary of State for non-profit corporation business entity reports (“BER”) has changed from every year to every other year. To transition to this new cycle, entities formed between January 1st and June 30th of a given year are still required to file a BER in...Read More
With the start of 2016, take the opportunity to plan for a strong and successful year for your business. It is easy to get caught up managing day-to-day operations and overcoming regular business challenges, so make a New Year’s resolution to reflect on the business operation as a whole and create a checklist of important...Read More
Congress has approved, and President Obama has signed, a sweeping spending package that would delay or suspend the Affordable Care Act’s “Cadillac tax,” medical device tax, and health insurance tax. The changes are generally seen as a significant blow to the ACA – one that could embolden those seeking to further undercut the health law. The spending...Read More
