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Asset Protection in 2023

Asset Protection in 2023

Authored by Mark Lobb Business Owner ConsiderationsDuring Volatile Economic Times On October 17, 2022, Bloomberg’s statistical projections showed a 100% probability of a recession within the next 12 months.  The US economy continues to reel from decades-high inflation, Federal Reserve interest rate hikes, and growing geopolitical tensions.  At the same time, many states continue to …

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New Federal Reporting Requirements For Privately-Owned Companies

New Federal Reporting Requirements For Privately-Owned Companies

Authored by Mark Lobb The Corporate Transparency Act (“CTA”) provides for the establishment of a beneficial ownership registry within the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”). It requires non-exempt domestic and foreign companies to disclose information regarding their beneficial owners. The CTA’s legislative objectives are to foster greater corporate ownership transparency and to …

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Two Bites CA Allows EEs to go after ERs a 2nd time

Two Bites: CA Employees Can Still Prosecute PAGA Action Against Employer After Settling Claims Based on the Same Alleged Violations

Authored by Michael J. DeSantis In a recent ruling by the California Court of Appeal, the Court further complicated disputes between employees and employers when it ruled that an employee who settles individual claims against their employer for alleged Labor Code violations is not subsequently barred by claim preclusion from bringing a Private Attorney General Act (“PAGA”) enforcement action …

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What Is Probate?

What Is Probate?

Authored by Kristin Gifford Long, expensive, public. These are just a few words that describe probate. While probate is a process many people try to avoid, you may have experience with probate after the passing of family member or friend who did not complete their estate planning. Probate is a court-monitored process to settle the …

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