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Private equity firms brace for tax battle
Topics in Legal News |
2010/02/08 03:09
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Private equity firms are again being threatened with higher taxes, as a long-running debate over how to classify their profits again becomes a focus for governments desperate for cash. But while high-profile buyout firms may seem an easy target, the question is a controversial one. Critics argue that raising the taxes paid by the private equity industry will also hit small partnerships and venture capital, and may not even raise as much revenue as governments hope. Part of the argument against higher taxes is that they could hinder jobs growth at a time when major economies are struggling with high unemployment rates.
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First class-action lawsuit filed against Toyota
Topics in Legal News |
2010/01/31 18:09
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Parker Waichman Alonso LLP, together with the Becnel Law Firm, LLC, announces that it filed suit on behalf of several consumers who purchased Toyota vehicles subject to various recalls issued in January 2010 for defects in the vehicles' gas pedals. The lawsuit, which was filed in the U.S. District Court for the Eastern District of Louisiana, seeks class action status.
intended to benefit all residents of the United States who purchased a Toyota vehicle of model years 2005, 2006, 2007, 2008, 2009, and/or 2010 that is subject to the recalls. Parker Waichman Alonso LLP has been contacted by hundreds of Toyota owners, including the family of a man who died in a vehicle accident, with questions about their legal rights in relation to these recalls. If you or someone you know owns or has owned one of the Toyota vehicles involved in these recalls, please contact our office by visiting www.yourlawyer.com Free case evaluations are also available by calling Parker Waichman Alonso LLP at 1-800-LAW-INFO (1-800-529-4636). On September 29, 2009, the National Highway Traffic Safety Administration (NHTSA) announced that Toyota was recalling floor mats on approximately 4.2 million vehicles, which allegedly caused the accelerator pedals in the vehicles to become stuck in the depressed position, leading to uncontrollable and rapid acceleration of the vehicles. On January 21, 2010, Toyota recalled yet another 2.3 million vehicles produced in the years 2005 through 2010 due to accelerator pedals on those vehicles becoming stuck in a depressed position, causing unexpected and unsafe acceleration. As of January 2010, Toyota had recalled a total 5.3 million vehicles due to problems with accelerator pedals sticking. The class action lawsuit filed by Parker Waichman Alonso LLP and the Becnel Law Firm, LLC alleges that, as a result of these recalls, Toyota owners lost the use of their vehicles, and sustained, among things, economic losses and severe emotional distress. The complaint charges Toyota with breach of implied warranty and negligence, and seeks compensatory, punitive and exemplary damages for the Class, as well as equitable and declaratory relief. It also asks the Court to enjoin Toyota from implementing any fixes in the accelerator pedals of the sub |
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Top Cravath litigator Joffe dead at 66
Attorney News |
2010/01/28 18:10
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Robert Joffe, an antitrust, corporate governance and litigation specialist who worked for more than four decades at Cravath, Swaine & Moore LLP, including eight as presiding partner, has died. Joffe, 66, died on Thursday from cancer, according to Greg Johnson, chief executive of asset management company Franklin Resources Inc (BEN.N), where Joffe was a director and chaired the corporate governance committee. Johnson spoke on a conference call. A spokeswoman for the law firm confirmed Joffe's death. Joffe was principal litigator for Time Inc in its efforts in 1989 to resist a takeover by Paramount Communications Inc, according to a biography on Cravath's website,. It said he later represented Time Warner Inc (TWX.N) in connection with its merger with America Online Inc, and a proxy fight by the investor Carl Icahn. |
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Bryan A Lowe & Associates - Corporate and Tax Law
Law Firm News/Nevada |
2010/01/19 18:37
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Founded in 1982, Bryan A Lowe & Associates is a law firm based in Las Vegas, Nevada. The firm provides a wide range of services, primarily in the areas of estate planning, probate, bankruptcy, general business (corporate, partnership, and proprietorship), taxation, real estate, asset protection, and elder care.
The firm was founded on a philosophy of service that not only emphasizes quality representation in terms of experience and expertise - but places a high value on initiating appropriate actions to meet the client's legal needs and objectives. Particular stress is also placed on providing individualized service and achieving the desired results while working in a cost-effective manner.
At Bryan A Lowe & Associates, we handle a wide variety of legal cases, including the areas listed below. If you need an elder law, estate planning, corporate, tax, or probate lawyer, see the information below or contact an attorney.
Elder Law
Estate Planning
Corporate and Tax Law
Probate and Estate Administration
Bankruptcy
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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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