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Betrayal in the Rubble: Class Action Accuses Red Cross of $500M Haiti Relief Fraud

December 03, 2024 01:47 pm by LawInc Staff

The American Red Cross and its associated entities are facing serious accusations in a recently filed class action lawsuit. The complaint alleges the Red Cross fraudulently raised over $500 million...

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Elon Musk's $55B Tesla Pay Package Crashes and Burns in Court, Again

December 02, 2024 03:07 pm by LawInc Staff

In a much-anticipated decision, a Delaware judge once again rejected Elon Musk’s record-breaking 2018 Tesla compensation plan, even after the company held a new shareholder vote in 2024 attempting to...

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iSpy: Apple Lawsuit Alleges Invasive Employee Surveillance Scandal

December 02, 2024 01:45 pm by LawInc Staff

A lawsuit filed by Apple employee Amar Bhakta has exposed potentially invasive workplace practices, challenging the tech giant’s employee monitoring policies in a California state court. Key Lawsuit Details Plaintiff: Amar Bhakta,...

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Clash of the Joe's: Trader Joe's Wages Wine War in Court

December 01, 2024 10:42 pm by LawInc Staff

A complex legal battle is unfolding as Trader Joe’s launches a lawsuit against Joe’s Wines Co., a New York City wine retailer, while simultaneously facing significant trademark-related challenges on other...

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Musk v. OpenAI: Injunction Challenges Company's Pivot from Non-Profit to For-Profit

December 01, 2024 07:36 pm by LawInc Staff

Elon Musk has launched a high-stakes legal challenge against OpenAI, filing a preliminary injunction to halt the company’s transformation into a fully for-profit enterprise. This complex legal maneuver reveals a...

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The Ultimate Loan Out Company Guide: Maximize Your Income and Minimize Your Taxes

November 30, 2024 09:45 pm by LawInc Staff

If you’re an entertainer, artist, consultant or other provider of professional services, forming a loan out company can offer significant tax advantages and liability protection. But how exactly do these...

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Amazon Faces Lawsuit Over Teen's Laser Pointer Eye Injury

November 30, 2024 11:32 am by LawInc Staff

A New York teen and his father are suing Amazon after the boy suffered severe eye damage from a laser pointer purchased on the e-commerce giant’s website. The case raises...

Disintegrating smartphone symbolizing impact of Musk's Tesla tweet on JPMorgan lawsuit

JPMorgan Drops $162 Million Lawsuit Over Musk's Infamous $420 Tweet

November 29, 2024 09:12 pm by LawInc Staff

The legal battle between Tesla and JPMorgan originated from a single tweet by Elon Musk on August 7, 2018, where he stated he was “considering taking Tesla private at $420....

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Dodgers Hit a Home Run with Tommy Edman's 5-Year, $74M Contract Extension

November 29, 2024 05:48 pm by LawInc Staff

The Los Angeles Dodgers have strategically secured super-utilityman Tommy Edman with a sophisticated five-year contract extension that demonstrates sophisticated financial and roster management. Contractual Architecture The five-year, $74 million contract represents a...

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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...