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12 Jan 2024, 7:31 am by Guest Author
Further, Limited Liability Companies (LLCs)–which are clearly legally distinct from their owners just like corporations–are also taxed as pass-throughs under subchapter K. [read post]
11 Jan 2024, 10:01 am by James Kachmar
Nirvana, LLC, et al., and reversed the dismissal of Mr. [read post]
9 Jan 2024, 10:10 am by Sherica Celine
Joint Venture Organizational Chart (Real Estate Transaction) Use this chart for understanding a common real estate joint venture structure where a capital member (usually providing the majority of the equity) and an operating member (typically offering their expertise) form a new limited liability company (LLC). [read post]
8 Jan 2024, 5:42 pm by Ellena Erskine
(Tori Madden) Item 303 requires companies to disclose information about known trends or uncertainties that are “reasonably likely to have material effects” on financial conditions or operations. [read post]
8 Jan 2024, 12:42 pm by Shahin O. Rothermel and Jay Prapaisilp
The complaint alleged that the company operated “consent farm” websites that misled consumers into providing their telephone numbers, falsified lead data, and obtained leads without requisite consent, resulting in unlawful prerecorded calls and calls made to telephone numbers on the Do Not Call Registry. [read post]
8 Jan 2024, 12:17 pm by David Klein
The material contained herein is provided for information purposes only and is not legal advice, nor is it a substitute for obtaining legal advice from an attorney. [read post]
8 Jan 2024, 11:04 am by Edward T. Kang
Generally, most courts agree that for conduct to be deemed exclusionary, the conduct must harm a competitor without providing any corresponding benefit to consumers. [read post]
7 Jan 2024, 3:11 pm by Ben Vernia
On January 4, the Department of Justice announced that Arizona-based Atlantic Home Health Care LLC had agreed to pay nearly $10 million to settle a whistleblower’s allegations that the company defrauded a federal program intended to provide health care to former Department of Energy employees. [read post]
7 Jan 2024, 7:41 am by David Adelstein
Talcon Group, LLC, 2023 WL 8798053 (11th Cir. 2023), an underground utility contractor that had a general contractor’s license had an installation policy that provided coverage “only for underground utility operations and the site development work tied to those operations. [read post]
6 Jan 2024, 11:37 am by Suraj Vyas
Forming an LLC, for example, can provide numerous advantages such as limited liability protection, favorable tax treatment, and greater operational flexibility, making it a popular choice for many entrepreneurs. [read post]
4 Jan 2024, 12:44 pm by John Elwood
” And the state’s collective bargaininag agreement with ASEA required Alaska to deduct money from an employee’s paycheck and “transmi[t] [it] to the Union” whenever it received a request “in writing on the form provided by the Union. [read post]
2 Jan 2024, 4:55 am by Peter J. Sluka
  That dispute can get particularly thorny in the context of limited liability companies, where non-existent operating agreements, lack of certificated ownership interests, and an apparently prevalent attitude of informality provide prime conditions for ambiguity. [read post]
1 Jan 2024, 8:10 pm by Kurt R. Karst
  They have great impact on most companies that receive them. [read post]
30 Dec 2023, 5:14 pm by Ben Vernia
On December 15, the Department of Justice announced that it had filed a complaint-in-intervention in a case against Insect Shield, LLC, for falsifying test results of insect repellent the company had contracted to provide for Army uniforms. [read post]
26 Dec 2023, 4:22 am by Peter Mahler
In this suit between two siblings, the court granted summary judgment for the plaintiff sister on her derivative misappropriation claim, finding that the defendant brother essentially gutted their co-owned business that provided administrative and bookkeeping services for nursing homes, by setting up his own, separate company that hired all its employees to provide the same services and acquired its assets for a nominal price. [read post]