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What Happens If I Guarantee Another Individual’s Debt? Posted on Feb 11, 2016 By Grant McNutt February 11, 2016 by Grant McNutt I get asked by clients all the time why they are now being sued for a debt they guaranteed or co-signed with another individual, usually a relative or close friend. They will say “I am just the co-signor. It is their debt.
February 11, 2016 In less than 24 months, the price of oil per barrel has fallen from $100 in June 2014 to a thirteen year low of $27. Natural gas prices also were hit hard in 2015, falling to levels not seen for more than a decade. Not surprisingly this decline in commodity prices has driven down the values energy companies, including these examples: Chesapeake Energy (CHK ...
February 10, 2016- Charlotte, North Carolina The Charlotte Observer reports that Frank Enrique Lleras, of Charlotte, pleaded guilty to securities fraud and wire fraud in connection with a real estate scheme that bilked victims out of over $3 million. Victims were led to believe that his company Optimum Property Investments made money by purchasing distressed and foreclosed ...
February 11, 2016 According to the Financial Times, the worst performing US Mutual Funds of 2015 are : Name Return RS Global Natural Resources (36.36%) Tortoise MLP & Pipeline (35.17%) MainStay Cushing MLP Prem (33.7%) Goldman Sachs MLP Energy (32.75) Van Eck Global Hard Assets (31.09%) Oppenheimer SteelPath MLP Inc (29.22%) MainGate MLP (28.96 %) PIMCO Commodities PLUS (28.
February 11, 2016 If you have significant losses on energy sector Master Limited Partnerships (MLPs) you may be able to recover damages if the broker improperly recommended the investment to you based on the fact that the MLP was a safe alternative to traditional fixed income investments. You may also have a claim if the broker over concentrated your account in MLPs or if y ...
February 11, 2016- Richardson, Texas Rex Securities Law is investigating Harris Wayne Kirk , a stock broker currently registered with Reef Securities, Inc. Kirk’s FINRA record indicates that he has been named in 3 customer disputes. A FINRA arbitration filed filed by a customer was recently settled for $25,000.
The cover story in the February 8, 2016, issue of State Tax Notes is B&I partners Martin Eisenstein and David Bertoni’s article on “Taxing Thin Air: Cloud Computing Meets Limitless Jurisdiction.” Eisenstein and Bertoni focus attention on recent state efforts to expand their taxing jurisdiction to include cloud computing services through theories of “virtual physical presen ...
On May 29, 2015, the Governor of Puerto Rico signed into law Act No. 72, which amended the Puerto Rico Internal Revenue Code of 2011 to add provisions adopting a new value added tax (VAT) to replace the existing sales/use tax. The VAT will result in significant changes to Puerto Rico’s system of consumption taxes, including an increase in the tax rate to 10.
The Financial Industry Regulatory Authority (FINRA) recently announced Michael D. Rasmovich (Rasmovich) entered into a Letter of Acceptance, Waiver and Consent to settle allegations he executed “hundreds” of discretionary transactions in 80 of his customers’ accounts without written authorization or designating the accounts as discretionary accounts.
Placing restrictions on access to Company information, however, should not be limited only to those BYOD devices. Instead, if the Company issues Company-owned devices to employees for use on Company systems, similar ground rules should be put in place to set expectations and provide the backdrop for any d ...
Texas Securities Commissioner Bans the Sale of Pension Streams Posted on Wednesday, February 10, 2016 at 5:09 PM From the Desk of Jim Eccleston at Eccleston Law LLC: Andrew Gamber, through his Jackson, Mississippi-based Sobell Corp. offered a product to retail investors called “Pension Income Stream Program.
Answer: If you became sick after eating food at a restaurant, you may have grounds for a lawsuit. With the proliferation of dangerous bacteria such as salmonella and E. Coli in the restaurant industry, we could be one meal away from falling ill due to the negligence of a restaurant or food supplier.
Answer: There’s a lot of confusion (and misinformation) about employment status in Texas. It is important to note that just because you work on-site on a daily basis doesn’t mean that you are a full-fledged employee. Likewise, just because your boss tells you that you’re a contractor doesn’t mean that you are an independent contractor in the eyes of the law.
Answer: It happens; you get into a car accident and shortly find out that the other driver is uninsured. In such cases, your best option may be to file an uninsured motorist claim. This will help you recover money damages that will go toward compensating you for your injuries as well as the damage to your vehicle.
Breibarts is reporting that on February 5, 2016, an Upper Darby police officer’s life was saved by an individual with a Pennsylvania license to carry firearms. Upper Darby Police Superintendent Michael Chitwood said “there is no doubt they would have attacked” the officer without the armed citizen’s intervention The background, as reported by Philly.
Richmond/Delta HRMA Roundtable, Feb 10 Join the Chair of the Richmond/Delta HRMA Roundtable, Kent Employment Law lawyer and human resources specialist Heather Hettiarachchi, and learn about key human resources issues in relation to the aging workforce. When: February 10, 2016, 7:30 – 9:00 ...
Lawyer Erin Kizell, Contributor. We’ve written before about the rights afforded to pregnant employees and new parents by both the British Columbia Employment Standards Act (the ESA) and Human Rights Code (the Code). At the risk of repeating ourselves, here’s a brief review of some of the legal protections available to BC employees when it comes to having children (for more de ...
denial > Humanitarian Parole – What is it? As a Miami immigration lawyer, I often receive questions about humanitarian parole. Humanitarian parole is used sparingly to bring someone who is otherwise inadmissible into the United States for a temporary period of time due to a compelling emergency. Below are some frequently asked questions.