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Indiana Business Law Blog

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Just what IS a limited liability company? Part 6. It offers choices of management structure.

[This is the sixth 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…

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Copywriters Accused of Infringing Copyright

A few days ago I wrote about a whole raft of copyright infringement lawsuits that have been filed by a company called Righthaven, LLC. My hope was that drawing attention to those lawsuits might educate business owners and nonprofit organizations about the potential legal problems associated with posting copyrighted material…

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Why should a single-member LLC have an operating agreement?

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…

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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…

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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…

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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.…

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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…

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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…

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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…

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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…

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