Sentences with phrase «liability companies have»

As discussed in this prior post, Iowa Limited Liability Companies have the benefit of electing to have a single layer of tax.
While limited liability companies have less compliance requirements than other entity types, there are reports and licenses that need to be filed and maintained.
Setting up your business as a limited liability company would also make it easier for you to get investors for your business.
A limited liability company has a «pass through» taxation structure.
But major victories for good - government watchdogs such as public financing of political campaigns and ending the practice of donating unlimited funds to political campaigns through a web of limited liability companies has alluded passage so far.
A measure to close a major campaign finance loophole involving limited liability companies has not gained traction in the State Senate, and other measures, including a crack down on Super PACS, did not appear to be part of the final deal.
Earning power is extremely important, and Whitman acknowledges that you need to weight both the income statement along with the balance sheet, but he says that most investors would benefit if they focused more attention on the assets and liabilities a company has, along with management's ability to grow the company's net asset values.
Legal Project Management, LLC, an Arizona limited liability company d / b / a «Lex Projex ™» 60 E. Rio Salado Parkway, 9th Floor Tempe, Arizona 85281

Not exact matches

Reid stresses that the company severed ties with over 40 brokers and that there has been no hit to the company's liability.
Entrepreneurs like limited liability companies because they protect owners from having their personal assets seized by creditors of the business.
By 1997, all 50 states had passed legislation authorizing the establishment of limited - liability companies, although each state's laws differ slightly from one another.
According to NOLO, you'll have to pick up a federal employment identification number (unless the company is a sole proprietorship or a limited liability company without employees.)
Months of deliberations behind closed doors at Shell headquarters in The Hague, Netherlands, had led the top brass at the world's largest non-state-owned oil company by sales to conclude that the energy industry was changing fundamentally — in a way that could turn the profitable oil - sands operation into a liability.
And, if we didn't already have a holding company, we'd form an LLC (Limited Liability Company) company, we'd form an LLC (Limited Liability Company) Company) for it.
Steve writes: If I were a large investor or board member of Uber, I would worry about the downside to the company and liability to the board if / when the government decides to come after the company.
Connor says that smaller companies could draft a code themselves, especially if they are in a low - risk, low - liability field, and Fraedrich similarly advises that if you have more than 20 employees, it's time to consult an ethicist or human resources specialist.
The Supreme Court has said that if you do that, it drastically decreases your liability, unless a manager or someone with the authority to speak for the company perpetrated the harassment.
Structure: The buyer set up a limited liability company in order to purchase the paper, which means that there are far fewer reporting requirements than if the buyer had set up a C corporation or purchased the newspaper via an existing C corporation.
Asked if Toshiba «s liabilities would exceed its assets, Chief Financial Officer Masayoshi Hirata said the company had not yet completed its estimation of the charge.
In many industries, the government has placed liability caps that limit how much companies must contribute to remediation when there's an accident.
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 Weekly reported that «Page has been buying up adjacent properties for the past few years, all under various limited - liability company names, according to Santa Clara County public records and neighbors.»
Not so fast, says JPMorgan, which argues the likelihood of a full rebound will remain low until investors get more clarity on Facebook's relationship with political - research company Cambridge Analytica, and how much liability the tech giant has.
They decided to make these contributions through a limited liability company (LLC) to have greater flexibility to make grants, lobby for causes, and invest in promising innovative ideas.
For limited liability protection — limited, that is, to what you have invested in your company — the choices come down to a limited liability company or a corporation.
For example, if the firm has $ 500,000 in current assets and $ 350,000 in current liabilities, then $ 150,000 is free and clear as working capital, available for spending on new things as needed by the company.
Most American retailers have not signed the agreement, citing liability concerns, especially since they can not guarantee that their subcontractors or sourcing companies will follow the rules.
The beauty of fringe benefits is that you are generally providing something the employee would otherwise have to purchase, and you're doing so without incurring a tax liability for your company or the employee.
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.
As Businessweek writes, «Tech giants and other corporations that have grown by serial acquisition fear the Actelion precedent could expose them — at least in California — to open - ended liability over licensing disputes involving the smaller new - technology companies they are wont to gobble up like so many cocktail nuts.»
Earlier today, the credit ratings agency Moody's noted that China's total debt has climbed to 280 % of gross domestic product, including China's state - owned company liabilities that totalled 115 % of GDP at the end of last year.
Bowman & Partners discussed its options with Business Insurance Now, an online agent that had previously sold the company a general liability policy offering protection against injury claims, property damage and other physical - world concerns.
The company said that is clients would have «zero liability» for costs incurred by fraudulent charges.
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.»
It was suddenly trading below the value of its cash and inventory, it had hardly any liabilities and, despite that one revision (which the company blamed on poor weather conditions), it was still making money.
Limited - liability companies, a new corporate option in many states, have been gaining popularity, but there are still tax benefits and other financial advantages to S and C corporate structures as well.
«Even if you have a product that's in beta, you're still subject to liability laws,» said Jenn Wall, corporate counsel at X (formerly GoogleX), without mentioning any company names.
But when workers sue over labor issues — discrimination, for example, or wrongful termination — companies sometimes find that the contractor designation, which they thought would protect them from liability, doesn't hold up in court.
The media company, known for blogs like Jezebel and Deadspin, had assets of $ 50 to $ 100 million and liabilities of $ 100 million to $ 500 million, filings showed.
Given the interest in offshoring business and assets among the ultra rich technorati, it seems unlikely that congress would ultimately be able to pin down tax liability, labor rules or much else if these companies decide to exercise their technical genius to seastead, build a jungle city, or find a nice island to operate from.
«The Company's employment practices liability insurance retention has grown to $ 1 million from $ 350,000, causing an unacceptable level of risk for the Company, and the premiums for this insurance are well outside of industry standards,» the letter said.
Mr. Cohen said that he had given a similar statement to the Federal Election Commission in response to a complaint filed by the government watchdog group Common Cause, which contended that the payment, made through a limited liability company that Mr. Cohen established, was an in - kind contribution to the Trump campaign.
ity situation, legal structure (you would never want to own a car wash directly in your name; instead, you'd want to hold it in something like a limited liability company), and insurance coverage.
These assets can be shares of stock in other corporations, limited liability companies, limited partnerships, private equity funds, hedge funds, publicly traded stocks, bonds, real estate, song rights, brand names, patents, trademarks, copyrights, or virtually anything else that has value.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.
A trust for General Motors holding many of the carmaker's liabilities from before its 2009 bankruptcy has revived a deal with plaintiffs suing over faulty ignition switches that might require the company to pay $ 1 billion in shares to resolve millions of claims.
This is calculated by taking the market capitalization of the company, adding its total liabilities, and subtracting how much cash it has.
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Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments would be recorded to the Company's consolidated statements of operations.
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