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

Are you thinking of expanding your business into another state? There are many tasks to complete in this process, such as choosing a location, purchasing property or signing a lease, hiring new employees, and many others. When preparing to transact business in a new state, it is important not to lose sight of several important documents...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