Business
By: Robert A. Greising, Travis D. Lovett, and George C. Lepeniotis
on October 24, 2023
The deadline to comply with the Corporate Transparency Act (CTA), a new law that aims to combat illegal activity typically organized and run by nefarious entities, is fast approaching. Many corporations, LLCs, and other business entities that are privately held or family-owned will likely be…
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By: George C. Lepeniotis and Alex C. Bowman
on September 27, 2023
Supply agreements govern the relationships between suppliers and customers regarding the exchange of goods and services and serve as a key component of success for many businesses. Whether you are a seasoned procurement professional or a business owner just starting out, understanding the concepts,…
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By: Robert A. Greising and Travis D. Lovett
on August 31, 2023
Starting January 1, 2024, most small privately held businesses will be required, pursuant to the Corporate Transparency Act (“CTA”), to report information to the federal government about their owners and individuals that exercise control over the company and to disclose those involved in forming or…
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By: Maria Vladimirova Geltz
on July 20, 2023
No one wants an unwelcomed surprise of discovering that the subchapter S election or qualified subchapter S subsidiary (QSub) election made on behalf of your corporation either inadvertently failed at the time of filing or was later inadvertently terminated. This discovery will often come at…
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By: Robert A. Greising and Travis D. Lovett
on July 18, 2023
Ideally, sellers of a business will never have to worry about covering a financing shortfall to get their deal closed. However, with the increase in interest rates over the last few years, structural issues with requirements of the primary lending source and the overall tightening of capital…
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By: Micah J. Nichols and Rodney S. Retzner
on June 8, 2023
It is not too early for individuals and families to start preparing for reductions to the Federal gift and estate tax exemption equivalent (“FET Exemption”) that become effective on January 1, 2026.
The FET Exemption has increased through annual inflation adjustment, as well as an effective…
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By: Robert A. Greising and Charles O. Richert
on March 29, 2023
Introduction
A recent decision out of Delaware sent ripples of concern spilling out of the Board Room and throughout the C-suite. On January 26, 2023, in In Re McDonald’s Corporation Stockholder Derivative Litigation, the Delaware Court of Chancery issued an opinion that denied a…
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By: George C. Lepeniotis and Alex C. Bowman
on January 10, 2023
Nonprofit businesses across Indiana pursue their purpose often tied to the hope of finding new paths for the expression of their dreams. Each new cycle could bring new opportunities to serve the non-profit’s core mission or offer new challenges or new collaborations with other allied organizations.…
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By: Sarah E. Jones and Travis D. Lovett
on October 27, 2022
Due diligence serves as a key backbone to a successful M&A transaction. While performing preliminary due diligence can set a business up for success in preparing for a future transaction, as further explained in this article, diligence should take place throughout an M&A transaction – not only to…
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