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How to Avoid Personal Liability for Business Acts

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how to avoid personal liability for business acts
How to Avoid Personal Liability for Business Acts

March - 14 - 2019

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
Business Purchases and Sales – Stock vs. Asset Sales

April - 10 - 2016

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?
Non-Compete and Non-Solicitation Agreements – What are the Enforceability Limits?

April - 15 - 2016

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?

April - 22 - 2016

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…

How are subchapter s corps taxed
How are Subchapter S Corporations Taxed?

April - 29 - 2016

How are Subchapter S Corporations Taxed? Subchapter S corporations are not taxed on income at the corporate level.  Instead, net income (or losses) are allocated to the shareholders in proportion to each shareholder’s share ownership, and then each person is…

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Mattox & Wilson, L.L.P., represents clients in Southern Indiana counties of Floyd County, Clark County, Harrison County, Scott County, Jefferson County, and Washington County including Clarksville, Jeffersonville, Greenville, Charlestown, Madison, Corydon, Salem, Scottsburg, and throughout Indiana.

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