Which Business Structure Should I Choose? | Indiana Business Lawyers When starting a new company, selecting the right business entity to form is a very important first step. Historically, incorporating your business and electing S- Corporation status for taxation purposes…

How to Avoid Personal Liability for Business Acts One of the primary reasons to incorporate or form a limited liability company is to protect your personal assets. A recent case, DeWeese v. Pribyla from the Indiana Court of Appeals, discussed…

Business Purchases and Sales – Stock vs. Asset Sales There are two primary ways that a business can be acquired – through the purchase of all of the stock (or other equity interests) of a business, or through the purchase…

Non-Compete and Non-Solicitation Agreements – What are the Enforceability Limits? The courts have long held that businesses have a legitimate interest in protecting critical assets, including non-public ways in which they conduct business and valuable customer and client lists.  Similarly,…

What Needs to be Done to Preserve Limited Liability Protection? Indiana and other states provide that the owners of corporations and limited liability companies (shareholders and members, respectively) generally will not have any personal liability for business debts.  The law…