Sentences with phrase «separate legal entity»

In law, a corporation is separate legal entity from the person or persons who own it.

C corporations — These are separate legal entities for tax purposes.

Fuelled by commerce, it is also during this time that companies were recognised as separate legal entities with its rights being further crystallised in US and UK courts.

«It is open to the Vote Leave family to create separate legal entities, each of which could spend # 700,000: Vote Leave will be able to spend as much money as is necessary to win the referendum.»

Magnets don't have that ability; they are not separate legal entities.»

Corporations are separate legal entities so the owners or shareholders will not be held liable for any of the debts that the business incurs.

The template needs a minor amendment because, as a result of the Government of Wales Act 2006, the National Assembly for Wales and the Welsh Assembly Government became separate legal entities.

The statement that a limited partnership is a distinct separate legal entity from the individual partners, similar to the situation of a corporation would catch most solicitors who deal with partnerships by considerable surprise.

Both are considered separate legal entities and as such only they would be held liable for any debts incurred in business.

Delaware Statutory Trusts are trusts that are considered to be separate legal entities pursuant to the trust laws of the state of Delaware.

Because they operated as separate legal entities, franchisers were isolated from any labor disputes.

In February 2016, four months before the referendum, Steve Baker, the Conservative MP who used to chair the controversial European Research Group and is now a junior minister at the Department for Exiting the EU, told colleagues that Vote Leave could «create separate legal entities each of which could spend # 700k: Vote Leave will be able to spend as much money as is necessary to win the referendum.»

The Allen case is distinguishable from the case before me because a limited partnership is a distinct separate legal entity from the individual partners, similar to the situation of a corporation, which is a distinct legal entity from the individual shareholders of the corporation, which was the situation in Foss v. Harbottle, supra.

Rocket Lawyer helped Diane form these three separate legal entities so she could stay compliant.

The law recognizes the corporation as a separate legal entity and any claims that are made against the corporation can only be paid from corporate assets.

Like a corporation, an LLC is a separate legal entity that can sue and be sued, and it can own property.

Axis said it will remain as a separate legal entity within Canon, and that its current management team will stay.

Sprint will segregate licenses worth $ 16.4 billion in a separate legal entity and then lease back the right to use the spectrum.

PwC refers to the PwC network and / or one or more of its member firms, each of which is a separate legal entity.

Tracking stocks allow management to retain control of the operation without having to sell ownership or create a separate legal entity that is spun off to shareholders, with its own board of directors and management team, while allowing investors the opportunity to value various aspects of an enterprise on different terms and price - to - earnings multiples.

Each member firm is a separate legal entity.

A partnership is not a separate legal entity from its owners.

Although a small business should be a separate legal entity, it has to generate enough cash for a salary that will cover your student loans.

A corporation is a separate legal entity, and corporate revenues, expenses, assets and liabilities need to be properly segregated.

Each of EYG and its member firms is a separate legal entity and has no liability for another such entity's acts or omissions.

PwC refers to the PwC network and / or one or more of its member firms, each of which is a separate legal entity.

Jennifer Hoyle, a spokeswoman for the city's Law Department, said the city didn't have any role in the park project and noted the Park District is a separate legal entity.

Before the referendum, he wrote: «It is open to the Vote Leave family to create separate legal entities, each of which could spend # 700,000: Vote Leave will be able to spend as much money as is necessary to win the referendum.»

Vote Leave, Baker wrote in an email leaked to the Times before the vote, could «create separate legal entities each of which could spend # 700k.

«It is open to the Vote Leave family to create separate legal entities each of which could spend # 700k: Vote Leave will be able to spend as much money as is necessary to win the referendum,» he wrote.

The good news is there are ways around this by effectively setting up a separate legal entity that can sell the power back to the school — contact an STA member if you want to know more about this.

In March 2016, Schools Week reported that Camden council in London created a separate legal entity for its school «partnership» as a first step towards formally becoming an academy sponsor.

They are separate legal entities.

«If the Accord board members are not on the board of Magnolia anymore, and they are two separate legal entities, then I don't see where the conflict lies.

Academy trusts may also have a trading subsidiary, and these, as separate legal entities will need to maintain their own PSC register.

With the opening of our third campus with Freire Charter School Wilmington in fall 2015, it became necessary to form a separate legal entity to provide support services to all Freire schools, current and future.

When a school joins a MAT, it ceases, in governance terms, to exist as a separate legal entity.

Separate legal entity: The company law assignment help professionals associated with us suggest that a company is a separate legal entity from its members and is conferred with rights and is subject to certain duties and obligations.

In May 2006, Distributed Proofreaders became a separate legal entity and continues to maintain a strong relationship with PG.

A corporation is a separate legal entity.

First of all, it is considered the aggregate of its partners rather than a separate legal entity (as a corporation would be).

Using a business card can also help you establish the company as a separate legal entity.

You need to realize that irrevocable trusts are separate legal entities.

Corporations — A corporation is a separate legal entity in itself from the persons / shareholders who own it.