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Court: Ohio overcharged employers for years
Headline Legal News |
2014/05/16 15:49
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The director of the state insurance fund for injured workers said Friday that he's disappointed with an unusually pointed appeals court decision that says the fund overcharged employers by hundreds of millions of dollars.
Steve Buehrer, Ohio Bureau of Workers' Compensation administrator and CEO, said the agency is considering its options.
Buehrer said he's pleased the court recognized that many businesses benefited from a program that put companies in group rating plans. But the court also said the plans resulted in nearly 300,000 companies being overcharged.
The 8th Ohio District Court of Appeals on Thursday said the plans amounted to an illegal rating system that resulted in employers being overcharged nearly $860 million over several years. It said the agency set up a system of winners and losers by giving discounted premiums to companies that joined group insurance plans and charging companies outside of the plans excessive rates to pay for the discounts.
"Reduced to its essence, this appeal is about a cabal of Ohio Bureau of Workers' Compensation bureaucrats and lobbyists for group sponsors who rigged workers' compensation insurance premium rates so that for employers who participated in the BWC's group rating plan, it was 'heads we win,' and for employers who did not participate in the group rating plan, it was 'tails you lose,'" the court said.
The court's unanimous ruling affects about 270,000 mostly small-business owners who paid non-group premiums from July 2001 to June 2009. Many are unaware they are covered by the class-action lawsuit that lead to the ruling. |
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Fred Meissner - Phoenix, Arizona Tax Lawyer Services
Attorney News |
2014/05/16 15:48
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With our extensive experience, we help private company clients and small businesses determine the structure of their new enterprise in a way that allows them to achieve their goal while reducing costs and minimizing tax burden. We counsel and form the following:
- Incorporating business entities
- Corporation-shareholder transactions (including dividends and redemptions)
- Employment and deferred compensatory arrangements (including stock options, severance plans and equity incentive arrangements)
- Tax favorable alternatives for entity liquidation and dissolution
We also provide tax planning services and advise on certain tax aspects, including but not limited to:
- Taxable and tax-free reorganizations
- Mergers and acquisitions
- Corporate divisional transactions (including spin-offs and split-ups of corporate lines of businesses or assets)
- Real estate transactions
- Bankruptcy and insolvency workouts for financially-troubled businesses
- Tax-oriented limited partnership or LLC offerings
- Litigation settlement awards
We charge reasonable fees and offer free initial consultations.Contact the Law Offices of Frederick W. Meissner for all your tax service needs.
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MJM Law Office, P.C. - Eugene DUI and Criminal Defense Lawyer
Law Firm News |
2014/05/13 14:22
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Located in the heart of downtown Eugene, Oregon, MJM Law Office, P.C. focuses on serving clients in Lane County, Oregon. MJM Law Office, P.C. provides clients with quality representation in DUII Cases and Criminal Defense, including matters such as Repeat DUII Offenses, Drug Crimes, Property Crimes, Campus Crimes, and Assault.
Mr. Mizejewski understands that effectively working through the legal system is a challenging process. MJM Law Office, P.C. provides a personalized approach with clients to work closely and help client's understand and resolve their issues. MJM Law Office takes the time to listen and understand each client's situation and explain the available options. There are many options when facing criminal charges that can reduce or eliminate a conviction, including but not limited to the following: diversion, deferred prosecution, drug court, suppression of evidence obtained during an illegal search or seizure, plea negotiations, pre-trial motions, or acquittal at trial by a jury of your peers.
We proudly serve clients in Lane County, Linn County, Benton County and Douglas County communities, including Eugene, Springfield, Coburg, Creswell, Cottage Grove, Lowell, Oakridge, Veneta, Junction City, Florence, Roseburg, Corvallis and Albany.
If you're in need of a Eugene DUI and Criminal Defense Lawyer, contact the MJM Law Office, P.C. today! |
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Court orders Turkey to pay Cyprus over invasion
Headline Legal News |
2014/05/13 14:21
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Europe's top human rights court on Monday ordered Turkey to pay 90 million euros ($123 million) to Cyprus over the 1974 invasion of the island and its subsequent division, in one of the largest judgments in its history. The decision from the European Court of Human Rights said the passage of time did not erase responsibility in the case, ruling that Turkey must pay 30 million euros in damages to relatives of those missing in the operations and 60 million euros in damages for "the enclaved Greek-Cypriot residents of the Karpas peninsula." Cyprus has been divided since Turkey invaded after a coup by supporters of union with Greece. Only Turkey recognizes the breakaway Turkish Cypriot state that was proclaimed in the north of the island. The judgment comes as the Turkish and Greek Cypriot communities are engaged in a new effort to reunite the island. The court said it would be up to the government of Cyprus to determine how to award the damages. |
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Oklahoma court agrees to 6-month stay of execution
Headline Legal News |
2014/05/09 13:33
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The Oklahoma Court of Criminal Appeals agreed Thursday to a six-month stay of execution for a death row inmate while an investigation is conducted into last week's botched lethal injection.
The court reset the execution date of inmate Charles Warner to Nov. 13. Warner's attorneys requested the 180-day delay, and the state Attorney General Scott Pruitt said Thursday in a court filing he wouldn't object.
While the stay only applies to Warner, Pruitt and Gov. Mary Fallin have said the state will not carry out any executions until the investigation is complete, which is expected to take at least eight weeks.
"If the state is allowed to enforce the ultimate penalty of death, it is incumbent upon this court to allow the state the time necessary to ensure that the penalty is carried out in a constitutionally sound manner," Justice Charles Johnson wrote in a specially concurring opinion.
Warner was scheduled for execution on the same night last week as Clayton Lockett in what would have been the state's first double execution since 1937. But Lockett's vein collapsed during his lethal injection, prompting prison officials to halt the execution. He later died of a heart attack.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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