• Can Blockchain Technology Replace Land Records?

      Fair disclosure: I am entirely unqualified to answer the above question. In fact, I had never heard of blockchain technology until this morning when I read a blog entry by my friend, John Cunningham, with a link to an article discussing four technological innovations that may affect the legal profession. One of them is blockchain, part of the techno ...

      Michael Smith/ Indiana Business Law Blog- 34 readers -
    • Upcoming Event: Business Opportunity Fair!

      At Smith Rayl Law Office, LLC, we know that many small business owners are looking for affordable resources, information, and strategies to help expand their businesses and reach new customers. This week, the Martindale Brightwood Community Development Corporation, in partnership with the U.S. Small Business Administration and the Community Resurrection Partnership, is hosti ...

      Michael Smith/ Indiana Business Law Blog- 31 readers -
    • LLCs for Estate Planning and Keeping the Family Cabin in the Family

      It might come as a surprise to non-Hoosiers that several parts of Indiana are popular locations for vacation cabins. The best known are probably Brown County and the area around the Indiana Dunes. Other locales include Lake Maxinkuckee, Lake Monroe, and Lake Patoka; the Amish country and the smaller lakes of northern Indiana; the wooded hills in other parts of southern Indian ...

      Michael Smith/ Indiana Business Law Blog- 26 readers -
  • In Praise of Serviceberries

    This post has nothing to do with business law but rather with one of my extracurricular interests, plants native to Indiana. Specifically, it’s about service berries, of which there are several species in the genus Amelanchier. Service berries have been at their peak this last week in central Indiana, as much as two weeks behind those in southern Indiana, and I suspect those in ...

    Michael Smith/ Indiana Business Law Blog- 14 readers -
  • No Privilege in Indiana for Unlicensed Social Workers, Part I

    Last July, the Indiana Court of Appeals decided Rogers v. State, 60 N.E.3d 256 (Ind. Ct. App. 2016), in which the attorney for a criminal defendant had deposed an employee of a charitable organization who held a degree in social work from an accredited university but not a license from the Behavioral Health and Human Services Licensing Board of the Indiana Professional Licensing Agency.

    Michael Smith/ Indiana Business Law Blog- 18 readers -
  • Choice of Law, Designation of Forum, and Senate Bill 171

    Two provisions commonly found in commercial contracts, particularly contracts between parties that reside in different states, are a choice of law section and a designation of forum section. The choice of law section specifies which state’s laws govern the contract, and the designation of forum section specifies the court in which lawsuits that arise from the contract are to be ...

    Michael Smith/ Indiana Business Law Blog- 19 readers -
  • Business Entity Reports: New filing schedule for Indiana nonprofits

    Indiana nonprofit corporations are being converted to a new schedule for filing business entity reports with the Indiana Secretary of State. In the past, a business entity report has been due every year in the same month in which the organization was incorporated. Nonprofit corporations will now file business entity reports every other year, the same schedule that applies to bu ...

    Michael Smith/ Indiana Business Law Blog- 48 readers -
  • Indiana Series LLCs, Part VIII

    This is the last of eight articles on series LLCs and the new Indiana series LLC statute that will take effect on January 1, 2017. Earlier articles are: Part I, Basic concepts and terminology Part II, Is a series an entity? Part III, What constitutes a series? Part IV, Setting up an Indiana series LLC Part V, Operating agreements for Indiana series LLCs Part VI, Alternatives ...

    Michael Smith/ Indiana Business Law Blog- 44 readers -
    Earlier about the same topic:
  • Indiana Series LLCs, Part VII

    Earlier articles on the topic of Indiana series LLCs are here: Part I, Basic concepts and terminology Part II, Is a series an entity? Part III, What constitutes a series? Part IV, Setting up an Indiana series LLC Part V, Operating agreements for Indiana series LLCs Part VI, Alternatives for ownership structure In this one, we look at federal income taxation of series LLCs.

    Michael Smith/ Indiana Business Law Blog- 49 readers -
  • Indiana Series LLCs, Part VI

    If you are not already familiar with series LLCs or with the new Indiana series LLC statute that takes effect on January 1, 2017, you may want to read the articles at Part I, Part II, Part III, Part IV, and Part V. In the first of these articles, I compared a series LLC to a parent LLC with subsidiary LLCs, and I stated that one difference between the two concepts is that a ...

    Michael Smith/ Indiana Business Law Blog- 41 readers -
  • Indiana Series LLCs, Part IV

    The first article on series LLCs contained some basic concepts and terminology. The second and third ones addressed the fundamental questions of whether a series is a separate entity (answer: yes, but it lacks some of the attributes of a separate entity) and of what defines or constitutes a series (answer, at least as contemplated by the Indiana statute: a portion of the inte ...

    Michael Smith/ Indiana Business Law Blog- 40 readers -
    Earlier about the same topic:
  • Indiana Series LLCs, Part III

    [Please read Part I and Part II before reading this article.] The second of this group of articles on series limited liability companies addressed the question of whether a series is an entity under Indiana law and concluded that the best answer is probably, yes, even though it lacks some of the attributes that one would ordinarily expect of an entity.

    Michael Smith/ Indiana Business Law Blog- 45 readers -
  • Want to Subscribe to Indiana Business Law Blog?

    If you’d like to receive notice of posts to this blog by email, click here. If you’d like to subscribe using a news reader, look at the “Contact Us” panel on the right side of this page. Just below the “Submit” buttom are several icons. (You may have to scroll down a bit to see them.) Cli ...

    Michael Smith/ Indiana Business Law Blog- 10 readers -
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