Article Legal Liabilities 
The Motley Fool
OCTOBER 16, 2023
This means I filed Articles of Incorporation with my state as well as some forms with the IRS to specify that I wanted to operate my company as a specific kind of corporation called an S-corp. You are not required to hire a lawyer There is no requirement that you hire legal help to assist you with the incorporation process.
The Motley Fool
MAY 8, 2024
Forming an LLC or other legal business entity If you want to make your business "official" in the eyes of the law, you need to form a limited liability company (LLC), S Corporation, or other legal business entity. That's the big step that banks will need you to take, so your business has its own legal identity for tax purposes.
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The Motley Fool
AUGUST 6, 2023
Otherwise, you will be unable to rent out your investment property legally, leading to fines and potential legal action. Some require a home-sharing permit, some a tourist license, and others require you to pay a hotel tax and carry liability insurance. It's essential to ensure your investment follows all the laws in your area.
The Motley Fool
JANUARY 26, 2024
The first is the most newsworthy -- it has faced a slew of legal and regulatory challenges in recent years. The list includes product liability lawsuits surrounding ear plugs it sold to the U.S. The second issue here is that, at least partly because of the legal issues, 3M is planning to spin off its healthcare division.
The Motley Fool
JANUARY 20, 2024
The most attention-grabbing have been its product liability and environmental problems. The Wall Street Journal even wrote a long-form article on the topic, with a decidedly negative tone. There's a huge amount of uncertainty around how much the legal problems are going to cost 3M. Here's what it would take.
The Motley Fool
AUGUST 1, 2024
Our LTC segment reported an adjusted operating loss of $29 million in the second quarter, driven by a liability remeasurement loss. We also expect a liability remeasurement loss from actual-to-expected experience for the full year. On the statutory accounting basis, the U.S. As we have said before, GAAP results continue to be volatile.
The Motley Fool
MAY 2, 2024
life insurance companies had a very strong quarter, with pre-tax income estimated at $258 million, driven primarily by benefits from LTC in-force rate actions, including the impact of legal settlements. We continue to significantly reduce tail risk through our multiyear rate action plan, or MYRAP, and legal settlements.
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