Definition of Bankruptcy Law Bankruptcy is a legal procedure initiated by an individual or a business that cannot pay their debts and seeks to have the debts discharged or reorganized by the courts. The three most common types of bankruptcy proceedings are Chapter 7 individual petitions, Chapter 11 business reorganization and rehabilitation petitions, and Chapter 13 wage earner's plans.
A corporate lawyer is also known as In-House Counsel, Staff Attorney, Deputy General Counsel, General Counsel and Chief Legal Officer. Their primary objective is to serve the interests of the corporation, not the owners of the business or the officers who run it.
Criminal Lawyer Salaries. Criminal lawyer salaries vary, depending on the size and scope of the practice, the clientele the firm serves and the geographic location of the firm. Public defender and non-profit salaries are usually modest (the $30,000 to $50,000 range is common).
Employment can last for a short period of time or it can last for 30-40 years with the same employer. Employment can offer flexible employee work schedules or require the employee to work a job daily from 8 a.m. to 5 p.m. with time off for an hour of lunchtime.
Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax.
Family law is a practice area concerned with legal issues involving family relationships, such as adoption, divorce, and child custody. Attorneys practicing family law typically handle divorce, child custody, child support, and other related legal matters.
Finance - Capital. Capital, in the financial sense, is the money that gives the business the power to buy goods to be used in the production of other goods or the offering of a service. The deployment of capital is decided by the budget. A budget may be long term or short term.
What is IP Law? Our legal system provides certain rights and protections for owners of property. The kind of property that results from the fruits of mental labor is called intellectual property. Rights and protections for owners of intellectual property are based on federal patent, trademark and copyright laws and state trade secret laws.
A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions are commonly done to expand a company’s reach, expand into new segments, or gain market share.