Insights

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 October 1, 2015, Congress passed the Protecting Affordable Coverage for Employees (PACE) Act. PACE repeals the mandated expansion of the definition of “small employer” under the Affordable Care Act from 50 to 100 employees. Previously, the Affordable Care Act had included a provision changing the definition of a “small employer” from 50 or fewer...Read More

The Indiana 2015 Tax Amnesty Program, which ends on November 16, 2015, offers Indiana residents an opportunity to pay unpaid Indiana taxes without having to pay penalties, interest and collection fees. The incentive is clear, but many Indiana residents have been receiving notifications from the Indiana Department of Revenue stating eligibility for this program when,...Read More

KDDK has been recognized as a leading law firm for real estate law, achieving a metropolitan Tier 1 ranking for the Evansville area in the 2016 Edition of U.S. News & World Report and Best Lawyers in America©’s “Best Law Firms.”[i] KDDK has previously been named a “Best Law Firm” for environmental law. To be...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

KDDK is thrilled to learn that the historic Greyhound bus terminal in downtown Evansville is going to be home to a BRU Burger Bar!  The restaurant features gourmet burgers, salads, sandwiches and craft beer.  Evansville Mayor Lloyd Winnecke and Indiana Landmarks President Marsh Davis will hold a news conference at 4:30 p.m. today to make...Read More

In 2005, taxpayers owed Indiana nearly $1.6 billion in unpaid taxes. In an effort to raise revenue, then-Governor Mitch Daniels authorized Indiana’s first ever tax amnesty program. The program was simple: if individuals or businesses would pay their overdue taxes, the Indiana Department of Revenue would remove all penalties, interest, collection fees, and tax liens...Read More

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

Recent cases in Illinois and Alabama involving controversial displays and leaflets help illustrate the guidelines public universities must follow when dealing with the expressive activities of students and visitors. In general, a university that permits students and outside visitors access to a portion of the university’s facilities to pass out literature, display posters or otherwise...Read More