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SC high court blocks ruling during Harrell appeal
Court Watch |
2014/05/23 19:55
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South Carolina's high court has blocked a judge's dismissal of an investigation into one of the state's top lawmakers while prosecutors appeal.
The state Supreme Court said Thursday it would block the ruling by Circuit Judge Casey Manning earlier this month.
The new order allows prosecutors to continue their investigation into corruption allegations against House Speaker Bobby Harrell. Manning had said Attorney General Alan Wilson improperly empaneled a State Grand Jury in the case.
Manning said courts cannot consider such a case against a lawmaker until a legislative ethics panel has reviewed it. Harrell's attorneys agree, but Wilson says the ruling infringes on his role as the state's top prosecutor.
Wilson is appealing that decision. Both sides are to make their case before the Supreme Court on June 24. |
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Fred Meissner - Phoenix, Arizona Tax Lawyer Services
Law Firm News |
2014/05/16 21:36
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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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Court: Ohio overcharged employers for years
Press Release |
2014/05/16 21:33
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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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Bankrupt Stockton defends financial plan in court
Press Release |
2014/05/13 18:24
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The largest city in California to file for bankruptcy protection is asking a judge Monday to approve its plan for reorganizing more than $900 million in long-term debt to rescue the city from two years of financial uncertainty.
Standing in Stockton's way is Franklin Templeton Investments, which says the city is treating it unfairly. In 2009, Templeton loaned Stockton $35 million to build firehouses, parks and move its police dispatch center. Franklin says the city today is offering it $350,000.
The city has reached deals with all of its major creditors, except for Franklin, which is taking Stockton to a trial before U.S. Bankruptcy Judge Christopher Klein.
Stockton's bankruptcy attorney Marc Levinson recently told the City Council that he knows Franklin isn't happy. "We are choosing our battles and fighting where we have to fight and making deals where we can," Levinson said.
An inland port city 80 miles east of San Francisco, Stockton filed for Chapter 9 protection in 2012, making it the nation's largest bankrupt city before Detroit filed for bankruptcy last year. Vallejo went through bankruptcy before Stockton. San Bernardino filed shortly after Stockton, but it has yet to present an exit plan. |
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