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LLC vs S Corp: The Ultimate Tax Showdown - Which Structure Saves You More?

November 29, 2024 03:35 pm by Zach Javdan

One of the most important decisions when starting a business is choosing the right legal entity structure. Two popular options are the Limited Liability Company (LLC) and the S Corporation...

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Porsche's Sunroof Drain Pain: Settlement Offers Relief for Leaky Luxury Cars

November 29, 2024 02:03 pm by LawInc Staff

The class action lawsuit Washburn v. Porsche Cars North America, Inc. addresses a critical design defect in Porsche’s sunroof drainage systems affecting multiple vehicle models. Filed on September 1, 2022,...

Squirrel Showdown: Peanut's Tragic Tale Sparks Lawsuit Against New York State

Squirrel Showdown: Peanut's Tragic Tale Sparks Lawsuit Against New York State

November 28, 2024 10:10 pm by LawInc Staff

The viral internet sensation Peanut the Squirrel has become the center of a groundbreaking legal battle between his owners and New York state authorities, following his controversial euthanization on October...

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Investors Cry Foul: Warner Bros. Discovery Sued Over NBA Negotiations

November 27, 2024 11:44 pm by LawInc Staff

Warner Bros. Discovery (WBD) faces a significant class-action investor lawsuit alleging misleading communications about NBA broadcast rights negotiations. The lawsuit, filed by Richard Collura in New York federal court, targets...

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Israeli AI Startup Decart Raises $25 Million, Achieves $500 Million Valuation Weeks After $21 Million Seed Round

November 27, 2024 01:21 pm by LawInc Staff

Israeli AI startup Decart hits $500M valuation with lightning-fast $25M funding round, weeks after $21M seed investment. Company Fundamentals Founded: Late 2023 Location: Tel Aviv, Israel Founders: Dean Leitersdorf (CEO) and Moshe Shalev Elite Background:...

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Landmark $418M NAR Settlement Approved: A New Era for Real Estate Commissions

November 26, 2024 10:29 pm by LawInc Staff

The National Association of Realtors (NAR) has reached a landmark $418 million settlement resolving nationwide antitrust claims about real estate broker commissions. Judge Stephen R. Bough of the U.S. District...

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10 Legal Mistakes Every Entrepreneur Must Avoid for Startup Success

November 26, 2024 09:00 pm by LawInc Staff

A single mistake when operating a business can have catastrophic consequences. Accordingly, entrepreneurs and business owners should be careful to avoid the following: 1. Neglecting Proper Business Entity Formation Choosing the wrong...

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Drake Files Dual Lawsuits Against Universal Music Group, Alleging Streaming Manipulation and Defamation

November 26, 2024 02:52 pm by LawInc Staff

Canadian artist, Drake, has launched dual legal battles against Universal Music Group. First Lawsuit: Streaming Manipulation Allegations Drake has initiated unprecedented legal action against Universal Music Group (UMG) and Spotify, alleging a...

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Miley Cyrus Strikes Back: The Legal Battle Over "Flowers" Blooms

November 25, 2024 03:45 pm by LawInc Staff

Miley Cyrus has mounted a legal defense against copyright infringement allegations regarding her Grammy-winning hit “Flowers,” filing a motion to dismiss the lawsuit on November 20, 2024. Legal Details Filed by Tempo...

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7-Eleven's $51 Billion Bidding War: The Battle for Global Convenience Store Dominance

November 25, 2024 01:56 pm by LawInc Staff

From humble beginnings in Dallas in 1927, when Southland Ice Company employee John Jefferson Green began selling groceries alongside ice at his storefront, 7-Eleven has evolved into the world’s largest...