This is Part Two of a Two-Part Article on Land Trusts Just Use What the Law Already Provides There is really no substitute to a properly formed and maintained limited liability entity. Whether you choose to form a limited liability company, a corporation, a limited partnership, or a limited liability partnership as part of your […]
The Truth About Land Trusts- Part One
This is the first part of a two-part article on Land Trusts. Question: What Do the Polio Virus & Land Trusts Have in Common? Answer: Neither can be eradicated! Let me preface this article by explaining that I have a legal degree, a law license and 30 years of experience practicing as a licensed lawyer. […]
INDIANA LAW UPDATE – Can I Sue That Guy in Indiana?
When you sign a contract, do you read it to determine where a dispute under the contract must or may be litigated? Or mediated, if mediation is required? Or arbitrated, if arbitration is required? Many contracts contain two clauses about the locality of disputes- What law governs, and Where are disputes resolved (a “Forum Selection […]
Are Covenants Not to Compete Enforceable in Indiana?
On a regular basis, certainly several times yearly, the lawyers at GRIFFITH XIDIAS LAW GROUP are asked by a client something like this- “I signed this employment agreement but want to join a competitor (or start my own company). Can my employer enforce this covenant not to compete against me?” And the answer is usually, […]
Can a Commercial Landlord Force a Tenant to Stay Open? A Primer on Mandatory Injunctions
Can a Commercial Landlord Force a Tenant to Stay Open? In a word, yes. In a recent case (issued November 25, 2020), the Indiana Court of Appeals case had to determine whether it was appropriate for a trial court to issue an order compelling Abercrombie & Fitch Stores, Inc. (Abercrombie) to keep its store open, […]
Buy-Sell Agreements for Business Partners
Every business or professional relationship you have today or will ever have will eventually end. Businesses fail. Partners move on to other interests. A business partner might become ill or even pass away. Other businesses are sold or merge into bigger companies. It is inevitable that business partnerships end. Thus, it only makes sense to […]
Should I Form an S-Corp or LLC for My Business?
Launching a new business venture can be a time-consuming and nerve-racking experience. Whether you are a solopreneur, have a business partner or are part of a group forming a start-up, you are going to have many choices and decisions to make. One of the first business decisions you will confront, once you have committed to […]
The Series LLC for Real Estate Deals
This is the second article we have authored about the Indiana Series LLC, which remains a relatively new business structure, having just become available on January 1, 2017. While the rules, regulations, processes and law on this new business model are incomplete and not yet fully decided, the law governing the Series LLC is developing […]
Indiana’s SAFE Act Rules
Q- Can an investor sell upto but not exceeding 5 properties on contract without a license? A- Yes, in Indiana, as of 2012. 5 is fine. 6 is prohibited. In response to the August 2011, federal changes to the HUD SAFE Act rules, Indiana changed its rules. Additionally, the Indiana General Assembly changed the Indiana […]
Our Virtual Law Office
Sometimes, you just need an Indiana legal form, without a lawyer’s help. IndianaVirtualLaw is the website name for the virtual law offices of Griffith Law Group LLC, an Indiana law firm. Through our Virtual Law Office, our law firm provides cost-effective and efficient, limited legal services pertaining to Indiana, Immigration, and federal Trademark Law. Limited […]