Asset Protection

Small Claims Court Limits

Small Claims Court - Jurisdictional Limits The following table shows the jurisdictional limits of Small Claims Courts for all states. (Small Claims Courts have maximum dollar amounts that can be sought in small claims cases).   Jurisdiction…
Asset Protection

Employee Stock Options - Stock Option Plans - What Are They and How They Work - Estate Planning

Set forth below is an overview of the tax, accounting and general business considerations applicable to typical equity based compensation arrangements. Following the overview are general descriptions of how those considerations apply to three…
Asset Protection

Corporate Insiders' Reporting Obligations Revisited & Section 16's New Accelerated Filing Deadline (2002)

Many readers will recall a widely-reported news story from July of this year concerning President Bush's failure to timely disclose his 1990 sale of 212,140 shares of Harken Energy Group. At the time, the President served on Harken's Board of…
Asset Protection

Insider Trading | Insider Trading Law | Insider Trading Penalties

Many of the most public and celebrated securities cases have been cases involving insider trading. The public's appetite for such cases is as endless as the cases themselves. Martha Stewart's case is notable only because it is recent--the past…
Asset Protection

How to Do a Spin-Off

,
The mechanics of a spin-off are relatively simple: in a spin-off, a parent company distributes shares of a subsidiary on a pro rata basis to the parent company's shareholders. As a result, the subsidiary becomes a separate company. The question,…
Asset Protection

Rule 144 Opinion Letter Restricted Stock Sales

In November of 2007, the SEC adopted significant amendments to Rule 144. This article reflects those changes, and outlines the dictates of Rule 144. At the foundation of our securities laws is the premise that shares of stock that are not…
Asset Protection

The SEC's Streamlined S-8 Securities Registration Scheme, Demystified

This Article is Outdated and Should Not Be Relied Upon as Current Law Without doubt, S-8 is a powerful tool: it empowers fully reporting companies to register shares quickly and easily--without automatic SEC examiner review. S-8 registration…
Asset Protection

Alter Ego Liability and Piercing the Corporate Veil (Or the LLC Veil)

, ,
"Faithfulness to the formalities is the price paid to the corporation fiction, a relatively small price to pay for limited liability ." -as quoted by the court in Labadie Coal Co. v. Black Liability protection for LLC and corporation owners…
Asset Protection

Intro to Asset Protection Law

An Introduction to Asset Protection Asset protection refers to a set of legal techniques that protect a person's property from creditors and judgments. While there have always been protective measures available to persons to protect their assets,…
Asset Protection

Corporation vs. LLC vs. Partnership, Compared - Which is Right for You?

,
Comparing Corporations, LLCs, and Partnerships The most common forms of business enterprises in use in the United States are the sole proprietorship, general partnership, limited liability company (LLC), and corporation. Each form has advantages…
Asset Protection

Corporation Liability Protection & Asset Protection With a Limited Liability Company

, ,
How to Effectively Manage Your Corporation or LLC (Limited Liability Company) to Maximize Your Personal Liability Protection The most notable feature of corporations is that a corporation's shareholders are protected from personal liability…
Asset Protection

The Development of Decision by Trial

The first legal trials were not trials that we would recognize. In their early forms, trials were barbaric and violent and had almost nothing to do with judging truth or culpability, they were more predicated upon divine intervention or superstition.…