Month

October 2015
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....
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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...
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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...
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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...
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