By Ashley Ackal | Published March 19, 2022 | Posted in Uncategorized |
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Business Litigation – Shareholder or Member Oppression and Other Disputes
In closely held corporations or limited liability companies, shareholder/member disputes can occur when minority shareholders or members feel that corporate officers or majority shareholders/members have not protected their interests. Disputes may also arise over things like: Ownership issues, Breaches of fiduciary duty, Self-dealing or conflicts of interest, Compensation issues, Recordkeeping, Theft or fraud. Depending on the circumstances Read More
Read MoreBusiness Litigation Potential Causes of Action
There many different causes of action in commercial litigation. Two common causes of action are as follows: breach of contract and breach of fiduciary duty. Related causes of action include: interference with contract (when a third party intentionally interferes with an existing contractual relationship between two other parties) and interference with prospective economic advantage (the Read More
Read MoreFrequently Asked Questions: Gifts & Inheritances
Question: I inherited property and now I’m selling it, will I pay income tax? Answer: It depends on the tax “basis” of the property. For more information: https://www.irs.gov/faqs/interest-dividends-other-types-of-income/gifts-inheritances/gifts-inheritances
Read MoreMISC Estate & Abusive Tax Avoidance Transactions 2
Question: Can I deduct the administration expenses of my father or mother’s estate? Answer: You can deduct the expenses incurred by an estate for its administration. See for more information: https://www.irs.gov/faqs/other/misc-estate-abusive-tax-avoidance-transactions/misc-estate-abusive-tax-avoidance-transactions-2
Read MoreHello world!
Welcome to the official blog of O’Connell & Crispin Ackal, PLLC. We will begin posting on this blog shortly, so please check back regularly for updates about the firm, notable cases and more.
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