Under current Indiana law, you can easily start up a limited liability company (LLC) with a credit card and an internet connection. After making a quick trip to the Indiana Secretary of State’s website, submitting articles of organization, and paying a fee you could have your very own LLC in…
Articles Posted in Business Law
Just what IS a limited liability company? Part 5. It has a liability shield.
[This is the fifth post in a seven-part series discussing the characteristics of limited liability companies and comparing them to the characteristics of corporations, general partnerships, and sole proprietorships. Here’s the entire list. Part 1. Background on sole proprietorships. Part 2. Background on partnerships. Part 3. Background on corporations. Part…
Just what IS a limited liability company? Part 4. It’s a separate legal entity.
[This is the fourth post in a seven-part series discussing the characteristics of limited liability companies and comparing them to the characteristics of corporations, general partnerships, and sole proprietorships. Here’s the entire list. Part 1. Background on sole proprietorships. Part 2. Background on partnerships. Part 3. Background on corporations. Part…
Owners of websites: Learn from the Righthaven lawsuits!
Click here for a later post on this topic. You may not have heard about Righthaven, LLC, a company that has filed 239 (and counting) lawsuits against alleged copyright infringers in less than a year. But if your small business or nonprofit organization has a website, you should pay attention.…
Just what IS a limited liability company? Part 3. It’s not a corporation.
[This is the third post in a seven-part series discussing the characteristics of limited liability companies and comparing them to the characteristics of corporations, general partnerships, and sole proprietorships. Here’s the entire list. Part 1. Background on sole proprietorships. Part 2. Background on partnerships. Part 3. Background on corporations. Part…
Indiana Employers Should be Aware of Recent Supreme Court Decision
Most employers know (or should know) to be very careful about taking adverse action against an employee who has filed a claim of employment discrimination. The need for vigilance is even more important following last week’s decision of the United States Supreme Court , holding that Title VII of the…
Nonprofit Organization Settles Trademark Lawsuit: Little House on the Prairie
Earlier this week, Friendly Family Productions, LLC, the company that produced the television series Little House on the Prairie settled its lawsuit against a nonprofit corporation that operates a small museum outside Independence, Kansas. The museum is located at the site of the original house that Laura Ingalls Wilder wrote…
Just what IS a limited liability company? Part 2. It’s not a partnership.
[This is the second post in a seven-part series discussing the characteristics of limited liability companies and comparing them to the characteristics of corporations, general partnerships, and sole proprietorships. Here’s the entire list. Part 1. Background on sole proprietorships. Part 2. Background on partnerships. Part 3. Background on corporations. Part…
Just what IS a limited liability company? Part 1. It’s not a sole proprietorship.
[This begins a seven-part series of posts discussing the characteristics of limited liability companies and comparing them to the characteristics of corporations, general partnerships, and sole proprietorships. Here’s the entire list. Part 1. Background on sole proprietorships. Part 2. Background on partnerships. Part 3. Background on corporations. Part 4. LLCs…
Indiana Non-Profit Organizations should be aware of Non-Profit Registration Requirements in Other States
Unlike Indiana, most states require that non-profit organizations register with an agency such as the Attorney General’s office before soliciting any charitable donations within the boundaries of that state. In addition to initial registration, those states typically have annual reporting requirements as well. Although Indiana is not one of the…