By: David L. Simmons, Drewry Simmons Vornehm, LLP Contracts frequently contain conditions that specify the level of performance required by the parties. For example, some contracts require a party to exercise “commercially reasonable efforts” in performance of its obligations. Not infrequently, contracts contain a… Read More >

By: David L. Simmons, Drewry Simmons Vornehm, LLP A new federal law governing trade secrets – the “Defend Trade Secrets Act” (DTSA) – went into effect on May 11, 2016. The DTSA authorizes a company that has been the victim of trade secret theft… Read More >

By: David L. Simmons, Drewry Simmons Vornehm, LLP A trust is frequently used in estate planning to preserve assets from the claims of creditors. For example, a “settlor” may create a “spendthrift trust” for the welfare and support of a “beneficiary.” The settlor names… Read More >

By: David L. Simmons, Drewry Simmons Vornehm, LLP The Indiana Supreme Court is authorizing six judges to preside over pilot project commercial courts, which will begin hearing cases on June 1, 2016. These specialized trial courts will benefit all court users by resolving complex… Read More >

By: David L. Simmons, Drewry Simmons Vornehm, LLP What can be more exciting than a new business venture? Unfortunately, the thrill of creating or buying a business often overshadows the more mundane aspects of the enterprise, such as operating agreements and corporate governance. Buried… Read More >