A Corporation is a type or business entity wherein a group of shareholders assumes an existence that is independent of the individual shareholders, making this group’s powers and liabilities, therefore, distinct from those of its members.
A corporation limits the liability of shareholders; thus, even if is held liable for damages in a civil suit, the most shareholders can lose would be their investment in the stock. Personal properties and assets of shareholder are not on the line for corporate liabilities.
A corporation has four main types: C Corporation; S Corporation; Limited Liability Company (LLC); and, Nonprofit Organization.
- C Corporation. Under the U.S. federal income tax law, a C corporation is a type of corporate business entity that is taxed separately from its owners. The number of shareholders in a C corporation, whether foreign or domestic, is never limited.
- S Corporation. An S corporation is a special type of corporate business format that was formed through an IRS tax election. Under the S corporation set up, company income, deductions, and tax credits flow through to shareholder, thus, income is taxed at the level of the shareholder instead of at the corporate level. While an S corporation limits the financial liability of a shareholder, this may not apply in litigations due to workplace incident.
- Limited Liability Company (LLC). An LLC combines the elements of a partnership and a corporation. While the company’s existence is separate from its members, allowing it to exist even if one or more members withdraw, all business profits and losses are reported on members’ personal tax return. LLC members also enjoy limited liability in the event that the company incurs huge debts or goes bankrupt. This means that members’ properties and assets of are protected from being taken by creditors in payment of company debts.
- Nonprofit Organization. This type of corporate business entity uses surplus revenues in achieving its goals rather than distributing them as profit or dividends.
As the firm, Russo, Russo & Slania, P.C., explains in the website, establishing a new company is an exciting move, however all decisions can have a substantial impact on the future of the business. From a legal standpoint, there are a range of different choices that must be made which can profoundly influence the course of a company’s development and progress. Advice from a qualified legal professional can prove invaluable, especially for entrepreneurs.
On January 3, 2016, a 9-year old boy was brutally killed by his half-sister’s three pit bulls after he was left alone with the dogs. The three animals, a mother and two offsprings, were raised by the owner herself, who also said that she has no idea what made the animals do what they did to her brother.
On February 7 of the same year, a 3-day old male infant was bitten on the head by their family dog, a male labrador-shepherd mix. Prior to the accident, the infant’s 21-year old mother placed him in a plastic laundry basket and laid the basket on the floor beside the couch where she fell asleep. It appeared that the basket was used by the dog as bed. Finding an infant where he was supposed to sleep, the dog was said to have tried to pick the baby up. The autopsy report said that the infant died after the dog’s teeth pierced his skull which caused brain injuries.
There are hundreds more of stories that tell about the scary reality of babies, children, senior citizens and people in different age brackets getting attacked or bitten by dogs. According to the Centers for disease Control and Prevention (CDC), more than 4.5 million dog bites are reported in the United State every year. In 2012, more than 27,000 people necessitated reconstructive surgery due to dog bites, while in 2015, there were 34 dog bite-related fatalities.
Though many different breeds of dogs have been known to cause injuries and/or death, the top two breeds that cause the most harm are Rottweilers (second) and Pit Bulls (first in the list of most dangerous dog breeds). A 1982-2014 compilation of dog attack deaths and injuries show that Rottweilers harmed 538-5 individuals and killed 85 others; Pit Bulls injured 3,397 people and caused 295 fatal attacks.
According to The Benton Law Firm, in a number of states, like in Texas, for example, owners of dogs which happen to cause injury to someone can be held liable (and may even be criminally charged). If a dog, however, kills someone, then its owner may even be charged with a second-degree felony and may face up to 20 years in prison. A civil lawsuit,on the other hand, can help the victim claim compensation that would cover medical expenses, lost wages, or pain and suffering.
Aside from obtaining information from the police and media outfits after a truck accident, victims of such incidents or their families may also want to get studies conducted by government agencies or data from the vehicle’s computer tracking systems. Information gathering is important in supporting your claim for you to possibly get compensations you need for recovery.
Agents from the federal and state agencies also respond in truck accidents to conduct their investigations. A police report often does not include other factors of a truck accident, like driver errors, road conditions, mechanical failures or driver errors. Government agencies like the Federal Motor Carrier Safety Administration (FMCSA) thoroughly investigate other factors that may cause trucking accidents. Results of investigations are used in studies to make laws to promote road safety. Examining truck accident studies is important mostly if you suspect that a negligent truck driver is liable to your injuries. The FMCSA and the Georgia Department of Public Safety have rulings that truck drivers are well rested for a number of hours before driving huge commercial trucks. Using such information may strengthen your claim mostly if you found out that the truck driver violated his or her “hours of service.” Truck drivers who chose to work beyond the required hours set by law are often involved in accidents, the Ausband & Dumont lawyers said.
Truck accident victims may also want to get information from the high tech devices installed in monitoring commercial trucks. Many of the commercial trucks nowadays utilize electronic devices like global positioning systems (GPS), and other on-board computing devices to monitor real time trucking activities. If you or a loved one has been involved in a truck accident, you may want to immediately obtain the truck’s computer-generated information to determine if the truck driver became negligent before the accident happened.
Nobody can dispute the fact that alcohol makes people become less able to react immediately to dangerous situations which could harm them or someone else. Where driving is the issue, federal and state road safety authorities have always pointed out the clear dangers associated with driving while intoxicated with alcohol, and substantiates their declaration with statistical data.
Drunk-driving is one major problem in US roads and highways which has always caused worry to both government and private organizations. This is because it increases the risk of accidents which can injure or kill not only the drunk driver but innocent people as well. Records from the National Highway Traffic Safety Administration (NHTSA) show more than 10,000 fatal car crashes due to driving under the influence (DUI) or driving while intoxicated (DWI) every year; in 2012 alone, 10,322 individuals were killed in alcohol-impaired driving accidents.
Due to the injuries and property damages that it can cause, drunk-driving has, therefore, been made a serious traffic violation that is meted out with harsh punishments, which can include a large fine, imprisonment, mandatory attendance in a DUI school, suspension of driving privileges, and community service. If the accident causes injury or death though or if the drunk driver is found guilty of repetitive violations then he/she will face more severe punishments, like having an ignition interlock device (IID) installed in his/her vehicle, a requirement to acquire an SR-22 form or revocation of his/her license, besides those already mentioned earlier.
The current blood alcohol concentration limit (BAC) set for drivers in all US states is 0.08%; for commercial drivers, however, the limit is 0.04%, while for those 21 years old or below, there is a zero tolerance rule. This means that anyone caught driving with a BAC level set at the limit or higher will be charged with a DUI or DWI misdemeanor or felony offense.
As pointed out by Baton Rouge personal injury lawyers on their website, car accidents can very well result to serious and long-lasting physical and emotional repercussions for injured victims and their families. Because of this, DUI accidents need to be taken into serious consideration as it can impact each person involved in a wide number of factors.
They come without warning – natural disasters, calamities that can devastate entire populations and eras of time for generations and generations to come. Everyone remembers the burnt cities that Vesuvius left behind – the bones of women and children turned to ash and graveyards within seconds, the homes that took years to build and the temples that took the hands of hundreds of slaves turned not even to rubble, but dust, in the blink of an eye.
The thing about history lessons like this – of learning about calamities like this – is that you never think something so devastating could come to you, that these are all events that always happen to Someone Else. There are sometimes, some very unfortunate times, when Someone Else turns out to be you. And in this modern day and age, calamity can come more than in the form of fire and ice.
According to many claims filed through BP claim appeal lawyers, there are still people who experience the harsh consequences of the BP oil spill that transpired one April day in 2010, the biggest accidental marine oil spill in the history of the United States. There are still remnants of that oil within the shores and it has cost the livelihoods, the businesses, and the lives of the hundreds and thousands of people it has affected – as well as the economy of states that have been affected just the same, not to mention the impact on wildlife and the environment.
The worst thing about these kinds of situations – of oil spills and such – are that, unlike Vesuvius, these are completely avoidable circumstances… if only it were not for the negligence of people who could have saved so much trouble. That is why, should an incident of this nature occur, according to the website of attorneys with the legal offices of Williams Kherkher, there is a need for these people to be represented in a court of law in order for them to be awarded justly due legal compensation for the expense and stress dealt upon them for this devastating situation.
A lot of people can be intimidated at first at the prospect of going against a larger named corporation but what people fail to realize is that when they are in the right of the law, they have nothing to fear so long as they have the right kind of knowledgeable, reputable help that takes no side but that of the righteous and deserving. If you or someone you know has been devastated by something of this nature, do not hesitate to contact legal aid immediately.
Everybody’s got something they strive towards – goals, ambitions, and dreams. For a lot of people, this can mean pursuing a higher education. Some people want to travel and go on marvelous adventures throughout the world and experience all its wonder. Some people want to be able to purchase a home and start a family. There are many different goals that people might aspire towards – and that, in itself, can be difficult enough as it is, with all of the hard work that is necessary in order to get anywhere in life. But what if something happens that suddenly turns all those dreams to dust, all those goals to graves?
It can be one of the most devastating situations to be in – to be made so helpless from unfortunate circumstances, to have everything you have worked towards suddenly become impossible, to be thrust so far away from your comfort zone and not of your own volition. This kind of scenario is ever more crippling if the victim was completely innocent to the action of negligence that had ended up costing so much. And this kind of scenario, according to the Abel Law Firm website, is one that can be classified as a case of personal injury.
Injuries sustained through situations like this can be severe and have effects beyond those of a physical nature. The medical expenses required – medications or procedures that might be involved in the treatment toward recovery – can be quite costly, and if the victim in question was the primary income earner of the family, then there is also the financial security that is threatened by this situation due to the loss of wages. According to the website of the Oklahoma personal injury lawyers at the Abel Law Firm, the mental and emotional charge from these scenarios can be cripplingly stressful but delaying legal action could be detrimental to getting due recompense from the guilty party, as there is often a statute of limitations that surrounds whatever subset or subsets of personal injury that the victim’s case so happens to fall in to.
That is why it is so important to act quickly, effectively, and efficiently in scenarios such as this.
This is a dangerous world that we live in. Due to ever-increasing technological advancements, there are towering structures that people from only a hundred years ago – in the thousands, millions of years that humans have been on this earth – would have deemed impossible. Cures for then-incurable diseases, professions and rights that were then unheard of are now commonplace instead of fanciful fiction. However, with these new advancements there are new man-made dangers, and the dangers that have made men pose risks to others due to simple negligence. Incidents like this are ones that are handled under the legal jurisdiction of personal injury.
According to the website of attorneys with the law firm Habush Habush & Rottier S.C. ®, personal injury cases are hardly ever straightforward due to the plethora of pleas that are possibly present with every case. It is a broad topic, this type of lawsuit, and it branches out into several different categories such as medical malpractice, premises liability, car accidents, explosion accidents, et cetera. One such of these more complicated cases are those ones involving construction site accidents.
A lot of the complaints with regard to construction site accidents are those who work as construction workers as it is. Lawyers for construction accident cases with the offices of Hach and Rose, LLP state on their website that a lawsuit like this can turn into a cocktail of different personal injury cases. This can include disability (either temporary or permanent) cases, spinal cord injury, or even traumatic brain injury. If the worker in question was exposed to toxic chemicals that should have been the responsibility of the employer to have known, then that is premises liability in effect.
Victims of these kinds of situations are entitled to compensation for their physical injuries as well as the financial expense that this kind of injury could make a person endure during this time. Sometimes, it is not quite as easy as 1, 2, 3 – and it is sometimes this stressful, arduous process that turns people off from pursuing legal action. That is why it is of the utmost importance that if you or someone you know has been injured in a construction site accident, an attorney is contacted immediately in order to be informed of the best possible move to make in this kind of situation.
The ability to choose for yourself is one ability a lot of people can take for granted until they lose it. Some are content with simply playing it safe, allowing their paths and lives to be chosen for them – unaware that this is a choice in itself. There is freedom in being able to choose. From the little things like what you want to eat for breakfast or what to wear, to the bigger things like if you should go to college or not, or move abroad to pursue a passion. People’s lives are defined by the choices they make – and sometimes, in very unfortunate circumstances, people suffer the consequences of a choice made by someone else.
This is the fate of the victims of accidents or situations that are a result of negligence, either made with or without malicious intent. A simple thing such as slipping on an improperly labeled floor can mean an incurable spinal cord injury, rendering a man paraplegic for the rest of his life. Something as inconsequential like crossing the road can mean the loss of a lover, a father, a friend – if there is a reckless driver on the loose. These situations – and many more like them – can be classified as cases of personal injury, according to the website of the Chris Mayo Law Firm.
A Houston personal injury lawyer would probably inform you that an accident of this nature can cost dearly, both literally and figuratively. The medical expenses can be debilitating and the stress that the victim and the victim’s family can be put under can be quite extreme. But not only that, the injuries that are sustained through such a catastrophe can leave more than scars as some victims end up paralyzed, disfigured, or disabled. This is enough to cause trauma as well as depression – but more than anything, it withholds the luxury of choice. So much possibility is instantaneously swiped away by the choice to be neglectful and it can be one met with the choice to pursue legal action, for justice and closure’s sake.
If you or someone you know has been injured in an accident due to negligence, it is recommended that a personal injury lawyer is contacted immediately. In the end, it’s your choice.
The process of getting married is relatively simple, at least for heterosexual people. The couple simply signs a piece of paper and that’s it, they’re done. It is the procedures that involve the legal separation of this married couple that can be quite difficult to the point of it being immensely overwhelming, especially if the parties involved neglecting to sign prenuptials prior to their marriage.
According to the website of Alexander & Associates, the process of divorce can equate to more than just two people not wanting to be married to each other anymore. There are also their properties and belongings that need to be taken into consideration, ever more so if the couple has children as these variables need to be divided among the pair of them too, and ruled over by a judge. This procedure can go on for a prolonged period of time before matters can be settled, whereas marriages are a done deal with a single day. That difference can mean a lot of stress and pain for both parties involved, more so than they already have to deal with.
There are several different kinds of divorce and the many variables that surround these procedures can be overwhelming. After all, a case of divorce can be stressful and quite emotionally charged – especially if the pair are at disputes with one another, with regard to the divorce agreement. There are many records and facts that can tip the scales of a divorce hearing, such as criminal records. If one of the parties has a criminal charge on record, according to the website of the Law Office of Daniel Jensen, P.C., there is an immense probability that there will be added difficulties with regard to things like child custody.
When looking for a lawyer to represent a divorce case, it is imperative that you work with people who are knowledgeable in the field as well as sensitive and compassionate towards the case involved, especially if there are children in the surrounding equation. If you or someone you know is considering getting a divorce, it is well advised for them to seek a legal team of a certain repute, to be ensured that their case will go as smoothly and as stress-free as possible.