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Succession planning is a structured approach for businesses to identify and retain new leaders who can replace old ones when they retire or die. The purpose is to help maintain continuity, avoid disruption in operations, and, for small businesses, to preserve the businesses value well after the founder is no longer active.

When a business shares confidential information with another party during an M&A process, it is necessary to ensure that the receiving party will keep the information confidential. A business should never share information without first signing a non-disclosure agreement (NDA).

The M&A Advisor announced the finalists of the 21st Annual M&A Advisor Awards. Barrett McNagny was named a finalist in three categories: the Energy Deal of the Year; Telecommunications Deal of the Year; and the Corporate/Strategic Deal of the Year (Between $10MM- $25MM).

Whenever starting a company, one of the decisions to make is where to form the business. If a business’s primary place of operations will be in Indiana, it certainly makes sense to consider Indiana as a logical state. But other states, most notably Delaware, are often selected for the state of incorporation.

Businesses are increasingly relying on their websites as a convenient tool to market, interact with current or potential customers, and transact business. However, as businesses continue to integrate into the online realm, it is imperative businesses monitor their websites to ensure compliance with the evolving legal landscape.

When starting a business there are many items to consider in preparation of your startup like state of formation, documentation, and governance.

When deciding to purchase a business, one of the most important pre-transaction items for the buyer to complete is a due diligence review of the target company.

Understanding the difference between LLC and S Corp can help you properly choose which business entity to form and be setup for future success.

Thomas Ludwiski, Evan Wild and Tess Anglin will present at a one-hour virtual CLE on the Coronavirus Aid Relief and Economic Security Act (CARES) on May 14th.

The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), signed by President Trump, Friday March 27, 2020, provides economic relief to individuals, small businesses, corporations and industries in light of the recent novel coronavirus outbreak. Several highlights of the CARES Act are outlined in this article.

Marcus Heminger was a presenter at the Allen County Bar Association’s Corporate Counsel Seminar on Thursday, February 27, 2020.

Justin Molitoris spoke at Startup Week Fort Wayne 2019 on Monday, October 14th. His presentation titled “Startup 101: Legality of Business” took place at the Cinema Center beginning at 10 a.m.

Business and corporate law attorneys John C. Barce, Thomas E. Ludwiski, and Jeffrey M. Woenker will be presenters at the Drafting LLC Operating Agreements seminar on August 29th at the Allen County Bar Association.

For business owners, there are innumerable benefits to opening an online shop as opposed to operating solely a traditional brick-and-mortar storefront. However, one of the most significant drawbacks is the complexity and uncertainty of sales tax law.

John Barce and Michael Michmerhuizen presented a one-hour continuing legal education course at the Allen County Bar Association titled “Piercing the Corporate Veil” in October 2018.

When starting your own business, it’s important to have procedures in place that keep you focused. Here are ten steps to help set-up your business for success.

When information respecting a mortgage maturity date is missing from the documents on file with the county recorder’s office, the time a mortgagee can bring a foreclosure action on the mortgage can be greatly reduced.

Effective July 1, 2016, a nonprofit corporation will be required to file its business entity report (the "Report") with the Indiana Secretary of State biennially,