Sentences with phrase «liabilities of the company because»

Not exact matches

Entrepreneurs like limited liability companies because they protect owners from having their personal assets seized by creditors of the business.

Saudi Energy Minister Khalid Al - Falih has said it would be a risk to list in New York because of liabilities and litigation, including the climate change lawsuits against other oil companies by New York City.

The majority opinion said Aereo is not the first to design systems to avoid copyright liability and noted that the same accusation could be made about Cablevision because the company created separate user - associated copies of each recorded program to comply with copyright law instead of using more efficient shared copies that might have been found to violate copyrights.

«If you anticipate the kind of huge appreciation in your personal wealth that could come from an IPO or a company sale, the best thing you can do is transfer stock to your heirs before the sale, because it will be worth much less then, and that minimizes the tax liability,» explains Allan Landau, a partner with Boston law firm Sherburne, Powers & Needham.

Schorr cautions that LLCs won't fit every company's needs: «Because of the limited number of states that have enacted LLC statutes, and the lack of case law, companies that do business in a range of states run the risk of encountering a state that wouldn't recognize the limited liability of the partners.»

We make several adjustments to get from reported net assets to invested capital because companies can hide assets and liabilities off of the balance sheet in the form of reserves, operating leases, deferred compensation, and many other techniques.

The carrying amounts of the Company's financial assets and liabilities, including cash, accounts payable, and accrued liabilities approximate fair value because of the short maturity of these instruments.

The company has also included this information because changes in operating assets and liabilities relate to the timing of cash receipts and disbursements which the company may not control and may not relate to the period in which the operating activities occurred.

Many Indian and foreign nuclear energy technology companies have not been willing to supply nuclear technology and services to India because laws in the country leave suppliers open to financial liability for damages to third parties in the case of a nuclear accident.

Uber was initially resistant to the condition because the company didn't want to take on the liability of indemnifying Levandowski and Otto, Poetzscher said.

Indian laws leave suppliers open to financial liability for damages to third parties in the case of a nuclear accidentThird, many Canadian and other foreign companies have been unwilling to supply nuclear technology and services to India because Indian laws leave suppliers open to financial liability for damages to third parties in the case of a nuclear accident.

One could argue that EK's under - funded pension liability is not an urgent issue because the company has lots of time to pay off that liability.

Because the insurance industry doesn't recognize software as a product, the product liability that is included with many general liability or business owner's policies won't provide any protection for the types of products and services many of today's technology companies provide.

A policyholder could find itself in the position of recalling on its own initiative or being asked by FDA to recall based on this «reasonable probability» standard, but not being able to satisfy the definition of «accidental contamination» under its specialty policy because it can not prove its product was W With the frequency of costly product recalls on the rise, many companies have considered purchasing specialty recall coverage to secure coverage for certain recall - related losses that are often excluded from general liability and property policies.

Any contamination of food with impurities of any kind may have most serious consequences for a company, because under the product liability law every food producer is liable for contaminations of his products in case a consumer should be harmed by such contaminations.

«When you think about winter, you think about sledding, but our insurance company said that they have incurred so much liability because of sledding accidents that they will cancel our coverage unless we prohibit sledding.»

Lex Filipowski, a survivor of sex abuse at the hands of a Catholic priest, said he believes insurance companies are aligned with the Church because they are both are looking to reduce exposure to costly liability claims.

Because of a 1996 State Board of Elections ruling, limited liability companies are treated as individuals rather than corporations in New York.

Because dividends are not tax free (as they are in pass through entities once tax on entity level earning has been paid by the owners - which would look politically ugly in a publicly held company context letting people receive millions in dividends and pay not taxes on it), and there is no deduction for dividends paid to the corporation (in most contexts), and there is no tax credit for taxes paid at the corporate level against income tax liability on dividends, the end result is that there is double taxation of corporate profits both when the profits are earned by the corporation and again when they are distributed to shareholders.

Unlike other medical treatments for which companies are driven to keep their products safe because of liability threats, their brief says «the Vaccine Program itself provides no incentive to vaccine manufacturers to make their vaccines safer.»

In January, a company that has performed independent audits of LA Unified for seven years told a school board committee that the district had gone into the red for the first time, with liabilities outstripping assets by $ 4.2 billion, in large part because of having to report $ 5.2 billion in retiree pension liabilities.

Typically, none of the rating criteria of a review include a reference to a company's business name and location (because the «reviewed» services are based in non-English speaking countries which do not support strong copyright and liability laws).

Generally that means maxing out the available coverage base on what the insurance company offers, because going from $ 100,000 to $ 500,000 of liability could cost just a few dollars a year.

Liability coverage generally includes defense costs, as well, and most policies pay those without regard to the policy limits because it's in the best interest of you, the company, and other policyholders to prove the liability claim before paying it, in order to avoid large settlements for false or frivolouLiability coverage generally includes defense costs, as well, and most policies pay those without regard to the policy limits because it's in the best interest of you, the company, and other policyholders to prove the liability claim before paying it, in order to avoid large settlements for false or frivolouliability claim before paying it, in order to avoid large settlements for false or frivolous claims.

Because of the company's sourcing - and - distribution business model, Cardinal Health's liability mix has a tremendous weighting towards accounts payable — 45 % of the company's total assets at the end of the most recent reporting period.

Since the book value of stocks doesn't change that often (because it represents the price the company sold it for, not the current value on the stock market, and would therefore only change when there were new share issues), almost all changes in total assets or in total liabilities are reflected in Retained Earnings.

When you mention you have a dog, that will influence the choice of policies that you're presented with, because some companies won't accept the liability at all.

Perhaps its the company history, perhaps it's because a number of institutional investors were burned by the stock in 2008/9, perhaps its the ongoing Star trial and potential liabilities it could spell for AIG.

Unlike insurance companies that can invest their float for long periods of time because their liabilities are many years into the future, PayChex's float is extremely short - term.

It's different from the price of a stock, because it is calculated using the assets, which are the investments that the fund holds, and liabilities, such as overhead costs or employee wages of the fund company itself:

This is because the company is profitable and has $ 60 million of current assets against total liabilities of $ 26 million (for a difference of $ 34 million) while the company traded for a grand total of just $ 25 million.

Those periodic special dividends are feasible because of the firm's immaculate balance sheet, which has almost no debt, relatively high cash levels (relative to the size of the company and its acquisitions), and a high current ratio (i.e. the company's short - term assets cover its short - term liabilities by more than three-fold, thus protecting it from unexpected negative financial strains, such as during recessions when demand from restaurants can lead to declining sales, earnings, and cash flow).

I don't have a problem with these large companies because they make solar available to people who either don't want to make any investment in solar or do not have the federal income tax liability to be able to get benefit out of the 30 % solar tax credit.

For example, after carefully considering my options and the nature of my business, I structured my own business as a limited liability company because of the flexibility it offers.

Because an LLC is formed by filing «Articles of Organization» (also referred to as a «Certificate of Organization» or «Certificate of Formation,» depending on state law) which contain a minimum set of required information, a Limited Liability Company Worksheet is a very useful tool in ensuring that you properly prepare for the formation of your LLC.

Because there is so much on the line as you attempt to prove the other side's liability, you'll likely find that the involved trucking companies, truckers, and insurance companies will try to saddle you, if not a third party, with a substantial share of the blame.

Because many people can't afford to own or lease RVs in the way that they do cars, questions of liability on the part of the rental company come into play.

The high court is also unimpressed with the fact that the drug giving rise to the product liability was distributed by a California company, presumably because the cause of action in question in the case was brought against the manufacturer as a strict liability defective product claim, rather than as a claim against a seller of the product arising from a warranty that the product was free of defects arising under the Uniform Commercial Code or an express warranty.

pdf), is notable because it grants Zipcar the protections of the Graves Amendment, which shields from liability companies «engaged in the trade or business of renting or leasing motor vehicles.»

However, because the at - fault driver only has $ 15,000 of liability insurance, that is all her insurance company will have to pay.

In the course of proceedings before the tribunal between the commissioners and the taxpayer company, X, in relation to X's liability under a county court judgment for unpaid PAYE income tax and national insurance contributions, the tribunal awarded costs in the sum of # 30,500, against the commissioners because of their «serial failures to comply with the time limits in the tribunal, rules and directions».

Product liability cases can be difficult and complicated because you may have to deal with a team of corporate lawyers, companies, manufacturers, and retailers.

Insurance companies want to limit their exposure or liability when a serious injury or death occurs; because of this they will hire attorneys whose job it is to aggressively undermine each aspect of the plaintiff's claim.

Attorney Jared Staver began representing those involved through several rounds of tumultuous negotiations, because the driver's insurance company initially disputed their liability.

Because there is often more than one insurance company involved in an accident, an added layer of insurance from the rental agency can make determining liability and coverage, complex.

Whether you are injured as a passenger of a ride - sharing service or hit by an Uber driver on the road, obtaining compensation can be complicated because these companies often deny any liability in accidents caused by their drivers.

Because of a change in accounting standards the company wants to check whether certain properties leased under old agreements may now be a liability.

Because of this, a tractor - trailer crash victim may have the ability to recover damages by way of a trucking company's assets in addition to any payments made through a liability insurance policy.

Although the Contract simply has the plaintiff sell interests in the proceeds, if the issuer were a Registered Limited Liability Partnership (structured like a General Partnership in which all of the partners had management rights) or a Member - managed Limited Liability Company in which the members manage the business, the investment interests would likely not be securities because the venture's profits would not be derived primarily from the «efforts of others.»

Safety 4 HEd is an LLP (a Limited Liability Partnership) that provides specialist Health and Safety consultancy services, principally for the University and Research sectors, but also deals with any companies with a real challenge (from technology, or because of work in a specialised sector).