Category Archives: Uncategorized

Not Much to See Here: IRPTL Repeal Now Effective

Since many M&A transactions involve transfers of real estate, we are hopefully not straying too far afield (pun intended) in noting that the repeal of the Indiana Responsible Property Transfer Law (a/k/a IRPTL) became effective July 1, 2014.  IRPTL’s time … Continue reading

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Understanding the Indiana Venture Capital Investment Tax Credit

What is the Indiana Venture Capital Investment Tax Credit? Indiana provides a significant incentive to investors in early stage Indiana companies through the Indiana Venture Capital Investment Tax Credit (VCI Credit).  The VCI Credit was established to facilitate capital access … Continue reading

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Indiana Court of Appeals Narrows the “Blue Pencil” Doctrine as Applied to Employee Non-Compete Agreements

Employee non-compete agreements are key to many transactions, whether as part of acquisitions, joint ventures, conditions to investments, or the (rarely simple) addition of key employees.  This guest post provided by our Labor and Employment Group discusses a very important … Continue reading

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Changes to Indiana Business Flexibility Act Likely to Impact LLCs Significantly

Authored by John Millspaugh and Alan Becker The Indiana General Assembly recently approved changes to the Indiana Business Flexibility Act that appear likely to have a significant impact on LLCs, especially related to estate planning for LLC members and fiduciary … Continue reading

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FTC Releases New Hart-Scott-Rodino Filing Thresholds

The Federal Trade Commission (FTC) recently released updated, increased filing thresholds for premerger notification filings under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act). The HSR Act requires participants in certain mergers, sales of stock and sales of assets (or similar … Continue reading

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CFIUS in the News – December 2012

We at BME had no inside information on these announcements, but there have been several interesting developments over the last few weeks that make our blog post on CFIUS timely. The Exon-Florio Amendment to the Defense Production Act of 1950 … Continue reading

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Delaware Supreme Court Declines to Impose Default Fiduciary Duties on LLC Managers

Does the Delaware Limited Liability Act impose “default” fiduciary duties on LLC managers? Gently shakes magic 8-ball.  “Ask again later.” In a recent case, the Delaware Supreme Court declined to recognize “default” fiduciary duties as applying to LLC managers under … Continue reading

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