Business Law Newsletters

On July 9, 2013, Governor Corbett signed Act 67 of 2013, titled “GAA Amendments Act   of 2013.”  Act 67 provides for the expanded use of electronic media by business and nonprofit corporations to interact with shareholders, members, and directors – including the use...

Since 1889, Pennsylvania has imposed a tax on Pennsylvania residents who make loans to corporations and other entities taxed as a corporation, if the entity is active within Pennsylvania and has a treasurer who performs duties within Pennsylvania.  For example, the...

PENNSYLVANIA ELIMINATES DELAWARE HOLDING COMPANY TAX BENEFITS FOR MANY BUT NOT ALL For many years, companies nationwide have used a Delaware holding company structure to control and minimize state income taxes. Under the Delaware holding company structure, trademarks...

NEW YEAR'S DAY FISCAL CLIFF RESOLUTION: Estate and Gift Tax rules As everyone knows so well, late in the evening on January 1, a compromise was reached resulting in new legislation euphemistically titled the “American Taxpayer Relief Act.”  The new law avoids some of...

MORE UNCERTAINTY IN UNCERTAIN TIMES – BUYING ASSETS MIGHT NOT PROTECT YOU FROM SELLER LIABILITIES Conventional wisdom is that the purchaser of a corporation’s assets is not responsible for the corporation’s liabilities. Indeed, this is one of the primary reasons...

In a recent decision, in the case of Walnut Street Associates, Inc. v. Brokerage Concepts, Inc.,  the Pennsylvania Supreme Court made it more difficult for a business to use the threat of a lawsuit for interference with contractual relations to deter competitors and...

Every ten (10) years, the Pennsylvania Department of State, Corporation Bureau (DOS), requires that any corporation, limited liability company, limited partnership, or other entity or association file a Decennial Report with the DOS.  You may have received a notice...

Our PDF archive for the Business Law Watch newsletter, 2006 - 2010. Business Law Watch - Spring 2010 De Facto Merger Exception to Successor Liability Doctrine Narrowed Notable Mechanics’ Lien Law Changes Cash Flow From The IRS? + Federal Worker, Homeownership and...