The 7th Circuit Court of Appeals, which includes Indiana, recently ruled that a purchaser of a retail auto parts business was a “successor employer” of the previous owner and, as a result, was required to make higher unemployment benefit contributions (See D & D NAPA, Inc. v. Unemployment Insurance Appeals of the Indiana Dept. of...Read More
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
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
On Monday, July 27, 2015, in the case of Tsareff v. ManWeb Services, Inc., the Seventh Circuit Court of Appeals (which includes Indiana and Illinois) ruled that an engineering and construction company that entered into an agreement to purchase the assets of another contractor (that was a party to a collective bargaining agreement) may be liable...Read More
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
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
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
The U.S. Bankruptcy Court for the Southern District of Indiana recently held that a limited liability company could not terminate a member’s voting rights in the company during the member’s bankruptcy case, without first seeking relief from the automatic stay. When a bankruptcy petition is filed, the Bankruptcy Code automatically imposes a stay that prohibits...Read More
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
The Spring 2015 issue of the KDDK Advantage Newsletter, which provides timely legal information on a wide range of topics of interest to KDDK clients, is now available. Click to download PDF version» Would you like to receive news and information from KDDK in the future? Sign up now! 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Read More
