Choose from the following categories to see the latest news in each category.
The Sarbanes Oxley Act of 2002, otherwise known as SOX, impacted the awareness and monitoring of internal controls. SOX was passed in the wake of Enron, Worldcom, and Tyco scandals of the past in terms of accounting and board of director liability. Modern accounting systems are computer based, and accurate financial reporting depends on reliable, and secure, computing environments. Learn More
Not just veterinarians, but other people come in contact with your dog throughout your dog's life. Other professions, such as behaviorists, groomers, walker, and sitters, have all encountered instances where their actions have resulted in liability to an owner or guardian for the death, or injury of a companion animal. What are your options when this happens to you and your dog?Read More...
According to the American Pet Products Association, Americans spent an estimated $62.75 billion dollars in 2016 on their pets. A typical dog owner spends roughly a thousand dollars a year in vet check-ups, vaccines, and medications. We typically trust our vets and consider this money well spent, but what happens if your vet hurts your dog? Or, the unthinkable happens and your dog dies due to medical malpractice?Read More...
Replevin is a type of lawsuit, where claim is made against personal property that has been taken wrongfully, or unlawfully, as a means to get that property back. If your dog has been taken wrongfully, perhaps by a family member, or ex non-marital partner, it is possible to use the property status of your animal to obtain a judgment. Read More...
Another area that has come up recently in Dog Law, is the wrongful injury, or death of an animal when the police are involved. Police often claim qualified immunity, and argue that the dog's actions force them to make the decision to shoot a dog, because they were in fear of their safety.
Read More...
Most states have some provisions for taking care of your pet after you are gone. Pet trusts are increasing in popularity as a way to provide for your pet. For example, the Illinois pet trust not only sets the caretaker of the animals, but offers a provision for an enforcer. An enforcer would monitor the caretaker to ensure they are meeting their obligations as detailed in the trust. Read More...
Limited liability corporations, limited liability is the most important feature of this type of corporate filing. Provides limited liability for the people who own and the people who run the company. Changes can, however, be made within your operating agreement that states individuals acting against the interest of the organization, are removed from the umbrella of limited liability. Read More...
C Corporations are the easiest corporations to form. Owners need to simply file with the secretary of the state they are doing business in, or secretary of the commonwealth if you are filing in Massachusetts, Virginia, Pennsylvania, and Kentucky. Once approved, you then have a corporation.Read More...
Clearing up the misunderstandings of S Corporations. S Corporations are a limited liability entity when it is properly formed, no different than a C Corporation. You can not simply declare yourself an S Corporation, you must first file the proper paperwork with the IRS. Pass through tax treatment, is also a benefit of an S Corporation and where items of income, or loss, are passed along to the individual owner's return.Read More...
