Companies seek refunds from tariffs as Supreme Court decision looms
At issue in the pair of combined cases before the Supreme Court is whether the president exceeded his authority by relying on a 1977 law to impose the tariffs.
Business Law
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Fort Wayne end-of-life doula tests bounds of Indiana’s funeral laws
The U.S. 7th Circuit Court of Appeals recently ruled that the doula’s services are protected under the First Amendment and that requiring her to be licensed as a funeral director in Indiana would infringe on her constitutional rights.
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Legal troubles at Jack’s Donuts concern some local franchisees
Since last fall, four creditors have sued Jack’s Donuts of Indiana Commissary LLC for money they say they’re owed. Of those four cases, two have resulted in judgments against Jack’s totaling just over $888,000.
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Federal agency wants regulation for paycheck advances
A proposed new Consumer Financial Protection Bureau rule would require companies to let consumers know that many paycheck advance products are actually loans subject to federal disclosure requirements.
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Hannesson I. Murphy: Prognosis for physician non-competes in Indiana: poor
In the last decade, over a dozen states (all outside the Midwest) have adopted bans or strict limitations on physician employment non-competes. Indiana joined that group with the adoption of a physician non-compete statute, which became effective July 1, 2020.
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Articles
Indianapolis-based Audio Chuck facing lawsuit from podcast creator
The creators of the “Anatomy of Murder” podcast accuse the Indianapolis-based media company of shorting them millions in advertising revenue and failing to do enough to promote the show.
Former Fort Wayne lab owner sues company over ‘missed’ payments
A former co-owner of CF Environmental Laboratory has filed a breach of contract lawsuit alleging the company defaulted on a settlement agreement that was supposed to compensate him for his 47% ownership stake.
Former U.S. Attorney Myers stays in Indianapolis, joins McCarter & English as partner
Former U.S. Attorney Zach Myers has started a new position at McCarter & English’s Indianapolis office as a partner in the firm’s business litigation group and leader of its multidisciplinary cybersecurity and data privacy team.
Treasury ends enforcement of business database meant to stop shell companies
President Donald Trump praised the suspension of enforcement of the rule and said the database is “outrageous and invasive.”
Trump’s halt of US law banning business bribes abroad raises specter of a ‘Wild West’ of dealmaking
The Foreign Corrupt Practices Act of 1977, or FCPA, prohibits people or companies operating in the U.S. from giving money or gifts to foreign officials to win or retain deals in those countries. The law doesn’t require that the bribe is actually paid, but only offered.
FTC sues largest wine and spirits distributor, saying it discriminates against smaller stores
The Federal Trade Commission sued the largest U.S. distributor of wine and spirits on Thursday, saying it is illegally discriminating against small and independent businesses.
FTC adopts rule to make it easier for consumers to cancel unwanted subscriptions
The Federal Trade Commission adopted a final rule Wednesday that will require businesses to make it easy for consumers to cancel unwanted subscriptions and memberships.
IndyBar: Term Sheets and Equity Compensation for Early-Stage Companies
Two essential considerations for helping facilitate growth in early stage companies are securing capital and incentivizing current and future employees by offering competitive equity compensation plans.
Federal Trade Commission warns franchisors against using deceptive practices on franchisees
The Federal Trade Commission is warning franchisors to avoid “unfair and deceptive practices” against franchisees in an effort to ensure the franchise business model is a ladder of opportunity for honest small business owners.
Corporate transparency: New federal law imposes reporting requirements on some businesses
The law is intended to provide law enforcement with ownership information about many companies for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.
Sugar Factory faces eviction at Circle Centre after allegedly failing to pay $300,000-plus in rent
The landlord for Circle Centre Mall has filed a lawsuit to evict Sugar Factory, alleging that the restaurant has defaulted on its rent.
Companies seek liability protection for top execs
A growing number of companies in Indiana and elsewhere are hoping to offer new legal protection for top executives following a 2022 change in Delaware’s corporation law.
IndyBar: Corporate Transparency Act: Understanding the New Reporting Requirements
New regulations under the Corporate Transparency Act require reporting companies to disclose certain information related to their beneficial owners.
‘Forecast is a little bit cloudy’: Venture capital exits hit their lowest in 2023, but rebound could be coming
In 2023, attorneys saw venture capital exits at their lowest levels since the pandemic and 2008 market crash.
Taco Bell franchisee sues to prevent launch of Taco Bell Cantina downtown
The franchisee who operates a Taco Bell restaurant in Circle Centre Mall has filed suit against Taco Bell and a fellow franchisee in hopes of preventing the opening of Indiana’s first Taco Bell Cantina.
Donald Trump arrives in court for New York trial scrutinizing business practices
Former President Donald Trump showed up on Monday for a trial in a lawsuit that could cost him control of Trump Tower and other prized properties, after vowing to defend his reputation in a case he calls “a sham.”
‘Cautiously optimistic’: Attorneys say inflation causing banks, clients to ‘sharpen pencils,’ but projects, investments moving ahead
Between interest rates, labor shortages, supply chain issues, the ongoing war in Ukraine and the aftereffects of COVID-19, debtors and creditors are facing some uncertainties, attorneys say.
Pier 48 keeps serving as legal wrangling continues
Pier 48 Fish House & Oyster Bar hadn’t even been open a year when business disputes among the downtown restaurant’s owners began spilling into the legal system in August 2020, with the various partners slinging lawsuits and accusations back and forth.
SCOTUS takes 8 new cases, 1 about a religious mailman
The Supreme Court on Friday agreed to consider what employers must do to accommodate religious employees, among eight new cases it added.