Dealing With Insolvent Customers

Should you sell on a secured or unsecured basis? Successful businesses must prepare for potential problems and possible solutions related to selling to and buying from companies that are insolvent, or may become so. Here are some considerations in that regard. An important business decision is whether to sell to customers on a secured or […]

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OMG! LOL! IMO!

What can your social media policy cover? What can’t it do? Employees talk. That’s no big surprise. Sometimes it’s about sports, the weather or their families. But more often than not, they talk about work–their hours, their boss, their responsibilities, their supervisors, even their new assignments. When they talk about work, sometimes they air their

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Avoiding Discrimination Claims

Seven steps that could save your company millions. by J. Brian Hittinger and Carrie L. Flores Would a $39 million settlement of a gender discrimination claim or a $160 million settlement of a race discrimination claim create an immediate need to shore up your company’s anti-discrimination program? It probably would if you were Bank of

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Legal Q&A

Indiana attorneys tackled common business law questions. by Jacqueline von Ogden Signing contracts. Taking your business online. Sorting through employees’ legally mandated time off. Filing I-9 forms properly. Understanding copyright law. There are plenty of legal pitfalls for businesses out there. It’s better to be in the know before a legal problem arises, rather than

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Tailor Your Buy-Sell Agreement

Are you really prepared for all of the possible scenarios? I coach softball and before every game I make sure that I’m prepared for anything that may happen. I have all of the softball gear that the team should need. I have drinks and a parent bringing snacks after the game. I have a first

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Legal Q&A

Our annual roundup of answers to business law queries. by Michael Puente Summer is the time for beaches, backyard barbeques and just having fun. But it’s also a time for Hoosiers to adjust to new laws passed by the Indiana General Assembly back in the spring. Indiana has a host of new laws – namely

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Divorce Flu?

The timing of business valuation is important. When a business owner divorces in Indiana, the business is most often inventoried as a marital asset, and must be valued for purposes of equitable distribution between husband and wife. The date of valuation can be a critical issue. Indiana uses the date of filing as the date

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Pre-Employment Screening

Reduce costs and boost productivity, retention and morale. Test. Just the word may make your palms a little sweaty. But employers have no need to sweat over pre-employment tests. This is a test you want as a strategic part of your hiring process. Employers face a number of human-resource challenges, a number of reasons to

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Employees in the Military

Law guarantees veterans a place back on the “escalator.” The return of our soldiers from Iraq refocuses attention on the re-employment rights of employees who were called into active duty. The Uniformed Services Employment and Reemployment Rights Act (USERRA) protects employees who are called into active duty. One provision – the escalator concept – is

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Estate Tax Uncertainty

Tax law changes have made it a moving target. When President Barack Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 last December, it changed the federal estate tax. The estate tax dates back 1916, when it was imposed at a rate of 10 percent on the portion of estates

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