Sentences with phrase «legal entity»

A legal entity refers to an organization or entity that has the ability to enter into contracts, sue or be sued, and be held accountable for its actions in a court of law. It can be a company, a corporation, a government agency, or even an individual. It is recognized as an independent entity separate from its owners or members, and it has legal rights and responsibilities similar to a person. Full definition
Also, the concept of separate legal entity shall prevail and the corporate veil shall not be lifted.
She also represents developers, commercial landlords, and lenders in real estate litigation matters and partners or members of legal entities in business disputes.
For example, there is no way to create a joint - stock company without laws to establish them as legal entities and to regulate them.
The document by which a corporation or other legal entity offers a new issue of securities to the public.
C corporations — These are separate legal entities for tax purposes.
This is because corporations are treated as distinct legal entities from their founders and shareholders.
Separate from business owners, corporations are their own legal entity which the owners control through the shares they have in the company.
Our lawyers combine knowledge of corporate law and the law of legal entities with experience in the fields of litigation and dispute resolution.
A corporation is a distinct legal entity, so incorporating protects the business owner's personal assets, even if the corporation is in debt or facing other liabilities.
Now, winners are scrambling to create legal entities for this purpose and to work out agreements among themselves about how those entities will be governed.
A nonprofit that incorporates becomes its own legal entity.
A corporation is an independent legal entity owned by shareholders and has its own pros and cons.
Legal entities such as corporations, trusts, estates or partnerships are not eligible for joint account coverage.
When you incorporate your business, you create a new legal entity separate from yourself that conducts business, generates incomes, and assumes tax and legal liabilities.
One of the avenues that give each of us an opportunity to make generous profits is entrepreneurship which involves setting up a different legal entity structure depending on one's interests.
A simple definition of «assets» refers to anything that you own that has value and a «title» means to identify the person or legal entity who owns the asset.
It is also the job of the estate trustee to respond to any lawsuits — unlike corporations, estates are not legal entities.
Your life insurance beneficiary can be a family member, a friend or business partner, or an organization or legal entity like a trust or your estate.
They may also require you to include your business's tax ID number, standard industry code and legal entity structure.
Lawyers and legal entities provide legal services in a manner that respects and promotes diversity, inclusion, substantive equality and freedom from discrimination.
Often, the entrepreneur sets up several legal entities to accommodate the earning of an income and the charitable expenditures in an optimal structure.
(3) Criminal liability of legal entities does not exclude the criminal liability of the individual who contributed to the commission of the same offence.
A new legal entity called an employee stock ownership trust usually borrows the money, and the company provides the trust with the funds to pay back the loan.
Our transactional attorneys help choose the right legal entity for your company, whether it is a corporation, limited partnership, limited liability company, joint venture or just a simple general partnership.
This may lead to a global network of trading systems in which participants, including legal entities, can buy emission allowances to fulfil their respective reduction commitments.
Choosing the appropriate legal entity, such as a corporation or limited liability company, will help the equity owners minimize or avoid personal liability arising out of the business.
Database technology for legal professionals has been around since the 1980s in the form of simple data field screens designed to track legal entity information.
It seems like the guardian will be an extremely powerful legal entity that can tie up anything deemed remotely harmful to future generations in the courts.
This credibility encourages legal entities to invest in the industry.
Well, there are many legal entities that may be unknown to a normal person.
American legal entities and individuals have always been the third major buyer of debt.
A corporation is a voluntary organization of individuals or legal entities legally bound together to form a business enterprise.
Ph.D. students may be of any nationality, and the partner academic lab may be based abroad, but the company must be a French legal entity.
In order to maintain the limited liability protection afforded legal entities organized under the laws of a jurisdiction, entities must follow certain legal requirements pursuant to the laws of its state of formation.
When a person or legal entity causes of the death of another person, due to their negligence or wrongdoing, the act is called «wrongful death» under the law.
The law provides for proceedings to hold businesses and legal entities accountable for acts against the Brazilian or foreign governments.
Such disparate conclusions from two legal entities examining the same incident raises more questions than it does answers.
Commercial lines products are usually designed for relatively small legal entities.
The tax authority's request, commentators and now legal entities confirmed, was too «broad» in its scope.
Objective: Resumes will use such information and any other necessary legal entities to prosecute fraud.
But these days, a forensic crime lab, municipal organizations, and legal entities dominated the area.
I haven't decided one way or another about insurance vs legal entities — just continuing to do due diligence.
He has been a strategic partner for us helping us craft our tax strategies and legal entity strategies.
A partnership is not a separate legal entity from its owners.
Person (s) or legal entity which manages a trust and trust property according to the terms of a trust.
Experience creating or overseeing the creation of a nonprofit or other legal entity is preferred.
While it's marketed as a business card, you do not need to have a business that's a separate legal entity from yourself in order to get this card.
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